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Market Report for Reno, NV: 6/19

Wednesday, June 19, 2019   /   by Callie O'Brien

Market Report for Reno, NV: 6/19

The Market by the Numbers
Median List Price: $538,500
Price Per Square Foot: $237
Days on Market: 77
Price Decreased: 42%
Price Increased: 3%
Relisted: 3%
Median House Rent: $1,795
Most Expensive: $13,900,000
Least Expensive: $179,300
Market Action Index: 44 (slight seller’s advantage)


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The Market by the Quartiles:
Top 25% of Properties:
Median Price: $1,158,00
Sqft: 4,088
Lot Size: .5 – 1 acre
Beds: 4
Bath: 3
Age: 18
Days on Market: 135
Upper-Middle 25% of Properties 
Median Price: $620,000
Sqft: 2,899
Lot Size: .25 - .5
Beds: 4
Bath: 3
Age: 18
Days on Market: 75
Middle-Lower 25% of Properties
Median Price: $475,000
Sqft: 2,080
Lot Size: 6,500 – 8,000 sqft. 
Beds: 4
Bath: 2
Age: 16
Days on Market: 52
Lowest 25% of Properties
Median Price: $348,000
Sqft: 1,506
Lot Size: 6,500 – 8,000 sqft
Beds: 3
Bath: 2
Age: 27
Days on Market: 48

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

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