Housing Market Reports 
Gain insight into key real estate market trends for Reno, Sparks, Lake Tahoe, Carson City, Minden, Gardnerville, Genoa, Dayton, and Fernley. Most blog entries reference The Greater Reno-Tahoe Real Estate Report - published monthly for FREE! Information is deemed accurate but not guaranteed.
There are currently 47 blog entries related to this category.
Reno-Tahoe Real Estate Market Update - August 2010
Tuesday, August 17th, 2010 at 9:15pm. 169 Views, 0 Comments.
Reno-Tahoe Real Estate Market Update - August, 2010
Below is a quick snapshot of the Reno-Tahoe housing market statistics for key cities/areas. If you want to see the data tables and color charts behind these trends as well as foreclosure and short sale statistics, subscribe to The Greater Reno-Tahoe Real Estate Report.(Yes, it is free)
The big question mark surrounding home sales volume post the Federal Tax Credit Incentives (which required a home to close escrow by June 30, 2010) was would the number of homes sold have a dramatic drop off. Well, the short answer is YES - sales volume has dropped off for most markets on year-year comparison and, more dramatically from June, 2010 sales. The hangover effect from the expiration of these incentives…
Reno-Tahoe Real Estate Market Update - July 2010
Monday, July 19th, 2010 at 6:22pm. 279 Views, 0 Comments.
Reno-Tahoe Real Estate Market Update - July, 2010
Below is a quick snapshot of the Reno-Tahoe housing market statistics for key cities/areas. If you want to see the data tables and color charts behind these trends, subscribe to The Greater Reno-Tahoe Real Estate Report.(Yes, it is free)
- Reno - For June, home sales were up 13% over June, 2009 - 399 homes sold. The year over year sales increases in Reno have been positie AND healthy numbers since September, 2008 and at higher sales volume were bound to level out at some point. June's median sold home price was $173,000 - down 5% from June, 2009. Reno Months of Inventory for July is at 7.2 months - down 21% from July, 2009, equaly to June's Months of Inventory and relatively stable for the last…
Reno-Tahoe Real Estate Market Update - June 2010
Tuesday, June 15th, 2010 at 7:17pm. 268 Views, 0 Comments.
Reno-Tahoe Real Estate Market Update - June, 2010
Below is a quick snapshot of the Reno-Tahoe housing market statistics for key cities/areas. If you want to see the data tables and color charts behind these trends, subscribe to The Greater Reno-Tahoe Real Estate Report.(Yes, it is free)
- Reno - For May, home sales were up 1% over May, 2009 - 298 homes sold. The year over year sales increases in Reno have been positie AND healthy numbers since September, 2008 and at higher sales volume were bound to level out at some point. May's median sold home price was $187,000 - UP 4% from May, 2009. This marks the first month since June of 2007 that there has been a year over year price increase. Reno Months of Inventory for June is at 7.2 months - down…
Reno-Tahoe Real Estate Market Update - May, 2010
Thursday, May 13th, 2010 at 4:50pm. 486 Views, 0 Comments.
Reno-Tahoe Real Estate Market Update - May, 2010
Get a quick summary of Reno-Tahoe housing market statistics for key cities/areas. Subscribe to The Greater Reno-Tahoe Real Estate Report for complete details and charts behind the market statistics outlined below. (Yes, it is free)
- Reno - For April, home sales were up 23% over April, 2009 - 339 homes sold. April's median sold home price was $185,000 - down 1% form April, 2009. Reno Months of Inventory for May is at 6.8 months - down 33% from May, 2009 and fairly stable from last month.
- Sparks - Sparks homes sold in April totaled 158 (up 14% over one year ago April sales); median home price equals $168,500. Months of Inventory, at 6.1 months (same as March), is down 23% from this time…
Greater Reno Area Real Estate Market Snapshot - April, 2010
Thursday, April 15th, 2010 at 1:56pm. 410 Views, 0 Comments.
Reno-Tahoe Real Estate Market Update - April, 2010
Get a quick summary of Reno-Tahoe housing market statistics for key cities/areas. Subscribe to The Greater Reno-Tahoe Real Estate Report for complete details and charts behind the market statistics outlined below. (Yes, it is free)
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Reno - For March, home sales were up 35% over March, 2009 - 325 homes sold. March's median sold home price was $180,000 - down 10% form March, 2009 but at the same level as the prior month. Reno Months of Inventory for April is at 6.9 months - down 34% from April, 2009 and fairly stable from last month.
- Sparks - Sparks homes sold in March totaled 145 (up 20% over one year ago March sales); median home price equals $163,000 - which is a new low for Sparks…
Reno-Tahoe Real Estate Market Update - March 2010
Tuesday, March 16th, 2010 at 6:55pm. 475 Views, 0 Comments.
Reno-Tahoe Real Estate Market Update - March, 2010
This post offers a quick summary of Reno-Tahoe housing market statistics for key cities/areas. Subscribe to The Greater Reno-Tahoe Real Estate Report for complete details and charts behind the market statistics outlined below. (Yes, it is free)
- Reno - For February, home sales were up 15% over February, 2009 - 213 homes sold; this represents a slowdown in the percentage from prior months but the market has been up substantially for the last year so, this is to be expected. February's median sold home price was $180,000 - down 14% form February, 2009 but fairly stable for the last six months (last six month average is $182K). Reno Months of Inventory for March is at 6.8 months - down 37% from…
Reno Sparks Real Estate - Buyer Market or Seller Market?
Wednesday, February 24th, 2010 at 8:04pm. 450 Views, 0 Comments.
Reno Sparks Real Estate - Buyer Market or Seller Market?
I just pulled a summary analysis from Multiple Listing Service data to help illustrate the market conditions (i.e. is there pressure on prices - up or down) by price range.
Often times when we are representing a home buyer, they initially believe that they will be able to drive a ridiculously hard bargain (emphasis on ridiculous) when negotiating price. This is sometimes true, but in today's market your odds of realizing this dream are much more likely in the higher price ranges only.
The table below shows the Months of Inventory for the Reno/Sparks area broken down by price range.
| Months of Inventory | < $150K | $150-250K | $250-350K | $350-500K | $500K-700K | … |
Reno-Tahoe Real Estate Market Update - Feb 2010
Thursday, February 18th, 2010 at 7:26pm. 547 Views, 0 Comments.
Reno-Tahoe Real Estate Market Update - February, 2010
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.
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Reno - For January, home sales were up 60% over January, 2009 - 229 homes sold. January's median sold home price was $170,000 - down 15% form January, 2009. This median price represents a recent low - down from $180,000 in December, 2009. Reno Months of Inventory for February is at 6.7 months - down 39% from February, 2009.
- Sparks -…
Reno-Tahoe Real Estate 2009 Recap / 2010 Forecast
Wednesday, January 20th, 2010 at 10:03am. 578 Views, 0 Comments.
Reno-Tahoe Real Estate Market Update - 2009 Recap
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.
2009 Summary
In summary, 2009 was a year of many changes in the local real estate markets. Reno, Sparks, Fernley, and Dayton all experienced dramatic increases in the number of homes sold over 2008 and Dayton's home sold total was more than 2005 - the peak year of the boom for Dayton. Each of these markets also experienced a continuation of…
Reno-Tahoe Real Estate Market Summary - December, 2009
Thursday, December 17th, 2009 at 10:20am. 753 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…
