Fleur de Lis Luxury Condo Market Value Summary

Posted on Thursday, October 29th, 2015 at 2:56pm.

Located at 9900 Wilbur May Parkway, Fleur de Lis is a gated community in the South Meadows Area featuring a private clubhouse, fitness center and pool area. Residents enjoy commutes of less than half an hour to all of Reno's attractions, and less than an hour drive to Lake Tahoe. If you live in Fleur de Lis, or are keeping an eye on one of its luxury condos, this is the place to find key statistics and insights into the market. 

What's My Home Worth?

Fleur De Lis Statistics

 
Fleur De Lis Q3 - 2014 Q3 - 2015 % Change
Number of Units Sold 2 8 300%
Average Days on Market 56 94 68%
Highest Price $ 368,000 $ 440,000 20%
Lowest Price $ 306,500 $ 255,000 -17%
Average Unit Price $ 337,250 $ 315,312 -7%
Median Unit Price $ 347,500 $ 300,000 -14%
Sold Price / List Price % 97.1% 95.1%  -2%

Summary of Market Highlights

  • Number of condos sold - Between the third quarter of 2014 and the third quarter of 2015, the number of condos for sale increased from two to eight, as their time on the market nearly doubled.  

  • Median Condo Price - In that period of time, the median price of a condo dropped 14%. This is not indicative of the Reno market during this time, quite the contrary - the drop is more reflective of the small sample size. 

  • Sold Price / List Price % - Buyers have also been realizing prices 2% lower than during the third quarter of 2014. 

Highest and Lowest Priced Units Sold

  • Highest Priced Unit Sold - The highest priced unit sold in the last six months was a 1,837 square foot that went for $295,000. It features three bedrooms, four bathrooms and a two vehicle garage.  

  • Lowest Priced Unit Sold -  The lowest priced unit sold was a 1,554 square foot listing that went for $233,500. It features two bedrooms, two bathrooms and a two vehicle garage. 

  • Currently Listed - Highest Priced Unit - Measuring 2,640 square feet, this unit features three bedrooms, two bathrooms and a two vehicle garage. Travertine flooring is used throughout the unit. The large master suite, kitchen and wine room would be perfect for entertaining guests.  

  • Currently Listed - Lowest Priced Unit - The 1,513 square foot ground floor unit contains two bedrooms, two bathrooms and has access to a two vehicle garage. Built in 2003, it also features a covered patio and a mountain view. The asking price is $250,000. 

Fleur De Lis Listings - Current and Recently Sold

We update our current listings every day, and record listings sold on our site in the last 180 days. The links below let you review listings with descriptions and photos:
 
 

Questions?

We help home buyers and sellers of Fleur de Lis townhouses from our office in Reno, Nevada. If you have questions or need help, please let us know!
 

Additional Resources

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