At MyRenoSparksRealEstate.com, we want to keep you informed of trends in the Reno-Sparks, NV housing and real estate markets.  If you have questions about your home value or neighborhood, please feel free to contact Montgomery Home Selling Team @ Keller Williams Realty anytime!

September 2015 Market Report For Greater Reno/Sparks 

  • “The announcement of the Federal Reserve Board to hold off an increase in interest rates will help qualified buyers - despite the trend of increasing median price,” said Dave Hansen, 2015 RSAR president.  “We see the past 13-month leveling in the median price as a positive sign for buyers who can afford to purchase a home.”
  • September unit sales at 560 are up 7% from August and up 10% compared to September 2014. …

1312 Views, 0 Comments

Read Full Post

At MyRenoSparksRealEstate.com, we want to keep you informed of trends in the Reno-Sparks, NV housing and real estate markets.

August 2015 Market Report For Greater Reno/Sparks 

  • August unit sales at 505 are down 21.8% from July and down 12.6% compared to August 2014.
  • The median price was down less than 1% to $290,000 compared to $290,735 in July.  Median sales price was up 16% from August 2014. 
  • New listings in August are down 11.9% at 704 compared to July and up 6.0% from August 2014.   The total number of new listings reported during the peak listing season, April – August, were up 6% compared to the same five month period in 2014.
  • The Reno market remains in a seller’s market with 3.8 months’ supply of inventory.  Month’s supply of…

1423 Views, 0 Comments

Read Full Post