February 2019 Market Report

** Data in this report reflect market activity from Jan 2019 compared to Dec 2018 and Jan 2019 compared to Jan 2018.  Information is gathered from the Reno-Sparks Association of Realtors® (RSAR) for the Greater Reno-Sparks region via Northern Nevada Regional Multiple Listing Service (www.nnrmls.com).

  • Units Sold in Reno-Sparks: 317 sales of existing single family homes sold in Jan 2019; a decrease of 22%  from January 2018 and a 17% decrease from one month ago, December 2018.
  •  Units Sold in Reno (including North Valleys): 232 sales of existing single-family homes;  a decrease of 20% from last year and a 10% decrease from the previous month.
  • Median Sales Price (single family stick-built in Reno-Sparks):  $362,000 MSI in Jan 2019.  An increase of 1% percent from January 2018 and a 1% decrease from December 2018.
  • Median Sales Price (single family stick-built in Reno ONLY): $377,700 MSI in Jan 2019; a 4 percent increase from January 2018, and a 1 percent decrease from December 2018.
  • Median Sales Price (condominium/townhomes in Reno-Sparks):  $183,500 MSI in Jan 2019; a 5% increase from a year ago.
  • Median Sales Price (condominium/townhomes in Reno ONLY):  $174,000; a 1% decrease from last year.

Posted on February 12, 2019 at 11:41 pm
Denise Hallerbach | Category: Reno-Sparks Market Report | Tagged , ,

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