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Market Report for Reno, NV (1/8)

Wednesday, January 8, 2020   /   by Callie O'Brien

Market Report for Reno, NV (1/8)

The Market by the Numbers

Median List Price: $527,000

Price Per Square Foot: $235

Days on Market: 115

Price Decreased: 38%

Price Increased: 4%

Relisted: 4%

Inventory: 566

Median Rent: $1,900

Most Expensive: $14,999,000

Least Expensive: $89,000

Market Action Index: 41 (Slight Seller’s Advantage)

The Market by the Quartiles

Top 25% of Properties

Median Price: $1,250,000

Sqft: 4,098

Lot Size: .5 – 1 acre

Beds: 4

Bath: 4

Age: 16

Days on Market: 199

Upper-Middle 25% of Properties


Median Price: $645,000

Sqft: 2,704

Lot Size: .25 - .5 acres

Beds: 4

Bath: 3

Age: 19

Days on Market: 113

Middle-Lower 25% of Properties

Median Price: $449,150

Sqft: 2,063

Lot Size: 6,500 – 8,000 sqft

Beds: 3

Bath: 2

Age: 18

Days on Market: 83

Lowest 25% of Properties

Median Price: $335,000

Sqft: 1,569

Lot Size: 6,500 – 8,000

Beds: 3

Bath: 2

Age: 23

Days on Market: 63


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Drakulich Realty
2205 N McCarran Blvd
Sparks, NV 89431
775-685-8585

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