Reno-Tahoe Real Estate Trends - June, 2011
This blog post covers summary market statistics for Reno, Sparks, Carson City, Carson Valley (Minden/Gardnerville/Genoa), Dayton, Fernley, and Lake Tahoe (Douglas County only) for June, 2011. This is an extract from The Greater Reno-Tahoe Real Estate Report which CalNeva Realty publishes monthly. The full report contains easy to read charts and more supporting data than this summary and can be found here.
- Reno - During May, home sales were up 8% from May, 2010 - 322 homes sold. May's median sold home price was $144,450 - a 23% drop from May, 2010 and a new low in this market cycle. Reno Months of Inventory for June is at 7.5 months - up 5% from June, 2010 and continuing to creep up. The Reno median