Reno-Tahoe Real Estate Market Update - December, 2009
Review 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 - yes, it is free.
- Reno - For November, home sales are up 63% over November, 2008 - 305 homes sold. November's median sold home price was $183,000 - down 17% form November, 2008 but the sixth 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 December, 2008 levels, December