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Market Report for Reno, NV: 8/26

Monday, August 26, 2019   /   by Callie O'Brien

Market Report for Reno, NV: 8/26

The Market by the Numbers

Median List Price: $519,900
Price Per Square Foot: $235
Days on Market: 72
Price Decreased: 50%
Price Increased: 3%
Relisted: 5%
Inventory: 919
Median House Rent: $1,975
Most Expensive: $14,999,000
Least Expensive: $159,950
Market Action Index: 42 (Slight Seller’s Advantage) 

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The Market by the Quarters 
Top 25% of Properties 
Price: $1,099,000
Square Footage: 3,911
Lot Size: .5 – 1 acre
Beds: 4
Baths: 3
Age: 19
Days on Market: 134
Upper-Middle 25% of Properties
Price: $600,000
Square Footage: 2,692
Lot Size: .25 - .5 acre
Beds: 4
Baths: 3
Age: 20
Days on Market: 61
Middle-Lower 25% of Properties:
Price: $449,000
Square Footage: 2,029
Lot Size: 6,500 – 8,000 sqft.
Beds: 3
Baths: 2
Age: 16
Days on Market: 49
Lowest 25% of Properties:
Price: $334,800
Square Footage: 1,481
Lot Size: 6,500 – 8,000 sqft.
Beds: 3
Baths: 2
Age: 33
Days on Market: 43 

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

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