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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.

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Minden Gardnerville NV Homes - Months of Inventory Summary

Friday, November 16th, 2007 at 7:26pm. 584 Views, 0 Comments.

Minden Gardnerville NV Homes on Market - Summary

This post is designed to show a Minden home buyer or seller how the different market segments within the Minden Gardnerville area break down.  I like to use a metric called "Months of Inventory" as opposed to "days on market" because of one simple reason - it is more accurate and more informative.

Why not Days On Market? 

Well let's suppose a Gardnerville home is on the market for 12 months with Gardnerville Realtor "A".  It is not uncommon for a home seller to switch agents at the expiration of a listing term (I could write more on this topic - but that is the subject of a future post).  Now this same Gardnerville home is for sale with a new Realtor and sells in 60 days.  Well, is the "days on…

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November, 2007 - Reno, NV Housing and Real Estate Market Trends

Sunday, November 11th, 2007 at 9:49pm. 759 Views, 0 Comments.

Reno, NV Housing and Real Estate Market Trends - November, 2007

The information in this blog post will give you a feel for the current Reno NV real estate market trends.

Reno Median Home Price

The Reno median home price for October, 2007 was $302,750.  This number is down 7% from October of 2006 and represents a median price level not seen since late in 2004 - closely mirroring the Sparks housing market.


Reno Homes For Sale

There are approximately 2,598 homes for sale in Reno.  Last November, 2,704 homes were listed - representing a 4% decline.  The rapid decrease in homes for sale at this time of year is seasonal and will increase again in the spring of 2008.


Reno Homes Sold

There were 162 Reno homes sold in October, 2007.  This…

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November, 2007 - Sparks, NV Housing and Real Estate Market Trends

Sunday, November 11th, 2007 at 7:35pm. 688 Views, 0 Comments.

Sparks, NV Housing and Real Estate Market Trends - November, 2007

The information in this blog post will give you a feel for the current Sparks NV real estate market trends.

Sparks Median Home Price

The Sparks median home price for October, 2007 was $274,450.  This number is down 7% from October of 2006 and represents a median price level not seen since late in 2004. The Sparks median home price is also down close to 19% from two years ago in October.

Sparks Homes For Sale

There are approximately 905 homes for sale in Sparks.  Last November, 1,021 homes were listed - representing an 11% decline.  Compared to all local markets, Sparks is experiencing a more rapid decline in homes for sale - which is good if you are looking to sell.

Sparks…

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November, 2007 - Minden Gardnerville NV Housing and Real Estate Market Trends

Sunday, November 11th, 2007 at 6:59pm. 644 Views, 0 Comments.

Minden Gardnerville, NV Housing and Real Estate Market Trends - November, 2007

Following the Minden and Gardnerville housing market?  The snapshot below should bring you curent. This blog post covers Minden, Gardnerville, Genoa, and the Topaz Lake areas.

Minden and Gardnerville Median Home Price

The Minden and Gardnerville median home price for October, 2007 was $369,550.  This number is up from the last two months (which spiked up to $425,000) and surprisingly represents a 2% increase from October of 2006. This area has seen the least downward pressure on pricing since 2005 high water mark in median price.

Minden and Gardnerville Homes For Sale

This month, there are approximately 646 homes for sale in The Carson Valley.  Last November, 698…

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November, 2007 - Carson City, NV Housing and Real Estate Market Trend

Sunday, November 11th, 2007 at 6:22pm. 673 Views, 0 Comments.

Carson City, NV Housing and Real Estate Market Trends - November, 2007

Following the Carson City housing market?  The snapshot below should bring you current.

Carson City Median Home Price

The Carson City median home price for October, 2007 was $279,500.  This number is up from the last three months but still represents a decline of 7% from October of 2006.

Carson City Homes For Sale

This month, there are approximately 435 homes for sale in Carson City.  Last November, 433 homes were listed - essentially no change.  Inventory levels have begun the seasonal decline (due to holiday inconveniences and cooler temperatures) from the peak in September of 504 homes on the market.

Carson City Homes Sold

There were 24 Carson City homes sold in…

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Reno-Tahoe Real Estate Trends Market Report Update - October 2007

Wednesday, October 3rd, 2007 at 10:47pm. 920 Views, 2 Comments.

Reno-Tahoe Real Estate Market Trends - Oct. 2007 Update

If this is your first time to this Blog, Welcome!

I plan to post information here to point out key market changes and "between the lines" insight behind my monthly Reno-Tahoe Real Estate Market Trends report. I hope you find this useful. You may want to visit the Reno-Tahoe Real Estate Market Trends report page to view or print the report while reading this blog entry.

October Update

Winners and Losers
In today's market, a well qualified home buyer should be the winner if they have the patience and appetite (as well as a good agent representing them) to negotiate the best price. As I'll point out in a minute, however, the median price in most markets is not down that far over one year…

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Reno Real Estate Stats

Tuesday, September 25th, 2007 at 12:14am. 581 Views, 0 Comments.

Greetings!

Each month (around the 10th), I will be posting an update to my Reno Real Estate Market Report.  The report allows you to quickly and comprehensively review market trends for each city in the region.  For example, you can see the median home price, number of homes sold, and number of homes on the market for the last 24 months for Reno, Sparks, Lake Tahoe, Carson City, Douglas County, Fernley, and Dayton.

In addition to the report, I will be posting a few hilights to help you take away key market changes, highs, lows, or other trends of interest.

Please let me know if you have any questions and TELL A FRIEND (or colleague).  You can sign up at the link below to get notified each month when the market report is updated - HOT OFF THE…

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