Greater Reno-Tahoe Real Estate Blog 
Reno-Tahoe Real Estate Market Summary - December, 2009
Thursday, December 17th, 2009 at 10:20am. 778 Views, 2 Comments.
Reno-Tahoe Real Estate Market Update - December, 2009
Review a quick summary of real estate market statistics for key cities in the Reno-Tahoe region. If you are not a subscriber to The Greater Reno-Tahoe Real Estate Report, you can find complete details and charts behind the market statistics outlined below. Feel free to subscribe to The Greater Reno-Tahoe Real Estate Report here - yes, it is free.
- Reno - For November, home sales are up 63% over November, 2008 - 305 homes sold. November's median sold home price was $183,000 - down 17% form November, 2008 but the sixth month above the most recent low of $180,000 in May, 2009 - somthing to note in terms of price leveling. With a 15% decrease in inventory from December, 2008 levels, December…
Reno-Tahoe Real Estate Market Summary - November, 2009
Monday, November 16th, 2009 at 1:27pm. 630 Views, 0 Comments.
Reno-Tahoe Real Estate Market Update - November, 2009
This post provides a quick summary of real estate market statistics for key cities in the Reno-Tahoe region. If you are not a subscriber to The Greater Reno-Tahoe Real Estate Report, you can find complete details and charts behind the market statistics outlined below. Feel free to subscribe to The Greater Reno-Tahoe Real Estate Report here.
- Reno - For October, home sales are up 71% over October, 2008 - 396 homes sold. October's median sold home price was $185,621 - down 23% form October, 2008 but the fifth month above the most recent low of $180,000 in May, 2009 - somthing to note in terms of price leveling. With a 15% decrease in inventory from November, 2008 levels, November Months of…
First Time Home Buyer Credit - Extended and Expanded
Sunday, November 8th, 2009 at 5:13pm. 589 Views, 0 Comments.
Reno-Tahoe Housing Statistics - October, 2009
Wednesday, October 14th, 2009 at 9:05pm. 741 Views, 2 Comments.
Reno-Tahoe Real Estate Market Update - October, 2009
This post provides a quick summary of real estate market statistics for key cities in the Reno-Tahoe region. If you are not a subscriber to The Greater Reno-Tahoe Real Estate Report, you can find complete details and charts behind the market statistics outlined below. Feel free to subscribe to The Greater Reno-Tahoe Real Estate Report here.
- Reno - For September, home sales are up 32% over September, 2008. September median sold home price was $196,000 - down 22% form September, 2008 but the fourth month above the most recent low of $180,000 in May, 2009 - a notable point in terms of a market bottoming phenomenon. With a 13% decrease in inventory from October, 2008 levels and October Months…
Reno-Tahoe Real Estate Snapshot - September, 2009
Tuesday, September 22nd, 2009 at 10:14pm. 834 Views, 1 Comments.
Reno-Tahoe Real Estate Market Update - September, 2009
A few insights into the local Reno-Tahoe real estate market conditions - things have changed quite a lot this year and September appears to be no exception. If you are not a subscriber to The Greater Reno-Tahoe Real Estate Report, you can find complete details and charts behind the market statistics outlined below. Feel free to subscribe to The Greater Reno-Tahoe Real Estate Report here.
- Reno - For August, home sales are up 53% over August, 2008. August median sold home price was $185,000 - down 29% form August, 2008 but the third month above the most recent low of $180,000 in May, 2009 - if this continues, we may have seen the bottom - too early to call! Throw in a 13% decrease in…
Reno-Tahoe Area Real Estate Market Update - August, 2009
Friday, August 14th, 2009 at 1:54am. 897 Views, 2 Comments.
Reno-Tahoe Real Estate Market Update - August, 2009
In this post, I am identifying few key observations based on the current Reno-Tahoe area real estate market. If you are not a subscriber to The Greater Reno-Tahoe Real Estate Report, you can find complete details and charts behind the market statistics outlined below. Feel free to subscribe to The Greater Reno-Tahoe Real Estate Report here.
- Reno - The number of homes sold continues to positive over 2008 levels. 362 homes sold in July, 2009 - a 28% increase over July 2008 levels. Reno median home price for July was $185,000 which is down 29% from July 2008 but stable for the last four months. Months of Inventory is at 8.9 months - down 36% from August, 2008.
- Sparks - Fairly…
Reno - Tahoe Real Estate Update - July 2009
Tuesday, July 14th, 2009 at 8:43pm. 903 Views, 2 Comments.
Reno-Tahoe Real Estate Market Update
Greetings. I have been neglecting my blog posts (understatement) for the last few months. The market has been keeping me quite busy and I have brought on a couple of agents to help me out... so "biz has been good" and it feels good to get back into somewhat of a routine on these posts.
The table below is an extract - June and July 2009 only - of data that feeds The Greater Reno-Tahoe Real Estate Report. For complete trends and statistics, you can subscribe online (free). There are a few key items to point out from this month's market update:
- New Lows on Median Price: Carson City and Dayton are at new "recent" lows since the peak in 2005.
- Transaction Volume: Substantially up in Reno, Sparks,…
Foreclosure Intervention Counseling Available
Tuesday, April 14th, 2009 at 10:08pm. 832 Views, 1 Comments.
Greater Reno Area Home Sold Prices Summary - February, 2009
Monday, March 9th, 2009 at 1:00pm. 1688 Views, 0 Comments.
Reno Metro Area Home Sold Summary - February, 2009
The summary below hilights statistics for homes (no condos or manufactured homes) sold during February, 2009. I have broken out the categories by NONE (no bank restrictions), REO (bank owned foreclosure), and Short Sale (requiring bank approval).
Note that the "Days on Market" number includes the escrow period as well which typically runs 30-40 days for all but Short Sales which could be 120 days. The "Average % Sold to List" represents the discount that homes are selling for off of the final list price (not factoring in any price reductions from the original list price).
Reno-Tahoe Home Prices: Peak to Trough
Monday, January 12th, 2009 at 5:43pm. 905 Views, 1 Comments.
Peak to Trough Summary - Reno-Tahoe Area Home Prices
I get asked by folks on a regular basis "How far have home prices come down since the peak?" and similar questions.
The table below will show you each local city, it's peak median price and recent low (trough). To see a trend of how these prices are moving, you should subscribe to The Greater Reno-Tahoe Real Estate Report.
All prices below are in Thousands and are the Median Price (single family homes only) for that month.
Peak to Trough - Median Home Price
| Peak | Month | Trough | Month | % Decline | |
| Reno | $ 379 |
