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 of