Reno Real Estate – Prices Moving Higher

The cost of owning Reno real estate rose again in July, returning prices to post crash highs. Reno homeowners have a lot to be happy about these days as home prices keep on rising. It took ten years but the home prices have reached the all time median sold home price set back in 2007. The Reno area has been in an extended “Sellers Market” for years as new jobs have brought in thousands of new residents to the area.  In fact, the current statistics put Reno well ahead of the Economic Development Authority of Western Nevada’s commissioned EPIC Report projections. (View the EPIC Report Here)

Below is the latest report from the Reno/Sparks Association of Realtors, complete with graphs that illustrate the recent rise in home prices.

 

July 2017 Market Update
To Download this Report      (CLICK HERE)

Reno real estate Sold Price Reno real estate Units Sold Reno real estate Number of New Listings Reno real estate AVG. Price per Square Foot Reno real estate Current Inventory Reno real estate Months Supply of Inventory Reno real estate Median Sold Price by Area


To discuss your housing needs in the Reno/Tahoe or Sparks areas please contact us directly at (775) 846-0906 (Trish) or (775)690-4431 (Peter)
(or use the form below)


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Home Prices in Reno/Sparks are Up,Up,Up…Your Home Might be Worth More Than You Know
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Reno real estate What's My Home Worth?