775-473-9531Reno-Tahoe Housing Market 2011 Year-End Recap
It's now mid January and with everything getting back to busines as ususal in 2012, it is time to look back onto 2011 from a real estate perspective to see how the year compares to others in our recent history. If you are a regular reader of my blog, you are no stranger to the trend of decreasing home values and increasing sales volumes over the last few years. With 2011 in the books, I am excited to write about how some of the trends shape up. See the table below for starters!
2011 Year End Highlights
Median Price
(2011 to 2010 and 2011 to Peak Years)
| City | 2010 | 2011 | % | Peak Year | Peak Price | 2011 | % | |
|---|---|---|---|---|---|---|---|---|
| Reno | 180,000 | 158,000 | (12.2%) | 2005 | 355,000 | 158,000 | (55.5%) |