Reno-Tahoe Real Estate Trends - February, 2011
See below for a snapshot of real estate statistics for the following markets in Northern Nevada: Reno, Sparks, Carson City, Carson Valley (Minden/Gardnerville/Genoa), Dayton, Fernley, and Lake Tahoe (Douglas County only).
- Reno - For January, home sales were up 4% from January, 2009 - 238 homes sold. January's median sold home price was $175,000 - a 3% gain from January, 2009. Reno Months of Inventory for February is at 6.9 months - up 3% from February, 2009, and slightly lower from prior months. Again, all metrics for Reno are fairly stable. The Reno median home price's recent "bottom" was in January, 2010 at $170,000 so this market has had very stable pricing over the last 12 months.
- Sparks -