Reno Real Estate Today

Inventory is low as we head into fall.

Reno and Sparks's median home prices were slightly lower again last month. With fewer and fewer homes available, inventory has been moving quickly - especially in the under-$600,000 market. Take a look at the chart below... There were 1,820 homes available at the end of September. This a decrease of 6.8% when compared to August, and down a staggering 25% when compared to this time last year. Next, we will look at the number of units sold. Reno/Sparks area REALTORS sold 587 single family homes in September, which was a decrease of 18.2% compared to August. Despite this significant monthly decrease, the year over year sales were only down 7.3% showing that the market is starting to follow the

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Dickson Realty

"Real Estate will be one of biggest investments of your life. Not just on your bank account, but in your soul. Owning a home has the profound ability to fill your heart with pride, love, and joy."                                     Amanda Gunter                                       

 

Do Not Underestimate the Importance of the RIGHT Realtor®. . .