Reno-Tahoe Regional Real Estate Update - June, 2008
Housing Market Reports
Reno-Tahoe Housing Market Summary - June, 2008
This post will give you an overview of the key real estate markets in Greater Reno-Tahoe for June, 2008 which includes home sold statistics through May 30, 2008. Note that all of this information is sourced from the Northern Nevada Regional MLS and includes ONLY single family "stick built" homes - no condos, land, manufactured homes, or duplexes.
Reno Real Estate Market Highlights
| Reno Market Summary |
|
| Reno Homes on Market (June - 2008) |
2,681 |
| (% change from June - 2007) |
-2% |
| Reno Homes Sold (May - 2008) |
210 |
| (% change from May - 2007) |
-21% |
| Reno Median Home Price (May - 2008) |
280,000 |
| (% change from May - 2007) |
-14% |
| Months Supply of Inventory (June - 2008) |
13.7 |
| (% change from June - 2007) |
25% |
Sparks Real Estate Market Highlights
| Sparks Market Summary |
|
| Sparks Homes on Market (June - 2008) |
978 |
| (% change from June - 2007) |
-4% |
| Sparks Homes Sold (May - 2008) |
99 |
| (% change from May - 2007) |
8% |
| Sparks Median Home Price (May - 2008) |
245,000 |
| (% change from May - 2007) |
-18% |
| Months Supply of Inventory (June - 2008) |
12 |
| (% change from June - 2007) |
16% |
Carson City Real Estate Market Highlights
| Carson City Market Summary |
|
| Carson City Homes on Market (June - 2008) |
385 |
| (% change from June - 2007) |
-16% |
| Carson City Homes Sold (May - 2008) |
26 |
| (% change from May - 2007) |
-19% |
| Carson City Median Home Price (May - 2008) |
263,000 |
| (% change from May - 2007) |
-17% |
| Months Supply of Inventory (June - 2008) |
11.8 |
| (% change from June - 2007) |
6% |
Carson Valley Real Estate Market Highlights
| Carson Valley Market Summary |
|
| Carson Valley Homes on Market (June - 2008) |
632 |
| (% change from June - 2007) |
-12% |
| Carson Valley Homes Sold (May - 2008) |
39 |
| (% change from May - 2007) |
-11% |
| Carson Valley Median Home Price (May - 2008) |
300,000 |
| (% change from May - 2007) |
-19% |
| Months Supply of Inventory (June - 2008) |
16 |
| (% change from June - 2007) |
16% |
Lake Tahoe Real Estate Market Highlights
| Lake Tahoe Market Summary |
|
| Lake Tahoe Homes on Market (June - 2008) |
152 |
| (% change from June - 2007) |
-7% |
| Lake Tahoe Homes Sold (May - 2008) |
4 |
| (% change from May - 2007) |
-33% |
| Lake Tahoe Median Home Price (May - 2008) |
850,000 |
| (% change from May - 2007) |
-24% |
| Months Supply of Inventory (June - 2008) |
23.7 |
| (% change from June - 2007) |
14% |
Dayton Real Estate Market Highlights
| Dayton Market Summary |
|
| Dayton Homes on Market (June - 2008) |
203 |
| (% change from June - 2007) |
-35% |
| Dayton Homes Sold (May - 2008) |
21 |
| (% change from May - 2007) |
75% |
| Dayton Median Home Price (May - 2008) |
215,000 |
| (% change from May - 2007) |
-20% |
| Months Supply of Inventory (June - 2008) |
15.2 |
| (% change from June - 2007) |
-21% |
Fernley Real Estate Market Highlights
| Fernley Market Summary |
|
| Fernley Homes on Market (June - 2008) |
413 |
| (% change from June - 2007) |
-1% |
| Fernley Homes Sold (May - 2008) |
27 |
| (% change from May - 2007) |
8% |
| Fernley Median Home Price (May - 2008) |
168,000 |
| (% change from May - 2007) |
-29% |
| Months Supply of Inventory (June - 2008) |
15.6 |
| (% change from June - 2007) |
29% |
More Details Available
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Date: 2008-06-12 14:48:41
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