Reno-Tahoe Real Estate Metrics - December, 2010
Three local markets (Carson City, Carson Valley, and Sparks) posted new low median prices in November, 2010. While Carson City and Carson Valley do not come as a major surprise, the Sparks market is probably a 'blip' on the chart as pricing and Months of Inventory in Sparks are in check for stable pricing. Also of note, Lake Tahoe posted a statistically high number of sales in November at 16 homes - more than two times the average for the last several months. See below or subscribe to The Greater Reno-Tahoe Real Estate Report (free) for complete data and color charts on all Northern Nevada real estate market trends.
- Reno - For November, home sales were down 13% from November, 2009 - 264 homes