** 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.