Reno-Tahoe Real Estate Market Update - November, 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 October, home sales are up 71% over October, 2008 - 396 homes sold. October's median sold home price was $185,621 - down 23% form October, 2008 but the fifth 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 November, 2008 levels, November Months of