Reno-Tahoe Real Estate Trends - October, 2011
This blog post covers a high level market overview for Reno-Tahoe area residential real estate. To see the charts and tables behind this summary, subscribe to The Greater Reno-Tahoe Real Estate Report, view or sign up here to see a lot more detail and get a notice each month when the report is updated.
- Reno - During September, home sales were up 22% from September, 2010 - 377 homes sold. September's median sold home price was $155,000 - 11% below September, 2010 and within $1,000 of the median price from each of the last four months. Reno Months of Inventory for October is at 7.4 months - 1% lower than October, 2010.
- Sparks - Sparks homes sold in September totaled 176 (up 23% from one year