At MyRenoSparksRealEstate.com, we want to be your resource for all things real estate. Here is what is going on in today's local market.
According to the new data released by the Northern Nevada Association of Realtors, the Reno Sparks market is steadily selling inventory, while also gaining more home buyers, following the same trends from October & Novemeber. Let's take a look at the Decemeber 2014 real estate market numbers for Reno Sparks:
Median Sales Price
- December 2014 median price was up 0.8% to $262,000 compared to $260,000 in November
- 2014 and up 12.9% compared to $232,000 in December 2013.
- Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher