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 inventory