February 2012

There are 1 blog entries for February 2012.

Reno-Tahoe Housing Market Update - February, 2012

This blog post will summarize January, 2012 sales results. 2012 has started off with a bang! Not only a continuation of 2011 but with some increased velocity to go with it! Each of the larger markets: Reno, Sparks, Carson City, and Douglas County (Carson Valley) show increases in year over year sales (from 7% to 68%) and all have (for the first time since I have been publishing this blog) also had "trough" median prices (down from 9 to 19% from January, 2011). On the bright side for home owners is the fact that Months of Inventory is in the 5 - 7 month range for each of these markets except Carson Valley at 7.8 months. After a brief update on AB-284, I have outlined some key market stats for all

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