Reno Real Estate Today

Available listings are up, but you may end up paying more.

Reno/Sparks area REALTORS sold 590 single family homes in July, which was a 4% increase from June 2019, and a 4% increase since July of 2018. There were 1,321 homes active on the market and available for purchase at the end of July, which was a 4.4% increase from June, and an 11% increase from July 2018. This marks the fourth consecutive month of increases in available inventory. Over two-thirds of the available homes for sale on July 30th were priced below $600,000. The median sold price for single family homes in Reno/Sparks rose by another percentage point, to $405,000 in July. Year over year, our regional median price has increased a little over 5%. This is the highest median price ever

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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®. . .