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    Market Report for Reno, NV

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    Monday, April 29, 2019   /   by Callie O'Brien

    Market Report for Reno, NV

    The Market by the Numbers

    Median List Price: $519,000
    Price Per Square Foot: $236
    Days in Market: 89
    Price Decreased: 32%
    Price Increased: 4%
    Relisted: 4%
    Inventory: 647
    Median House Rent: $1,850
    Most Expensive: $13,900,000
    Least Expensive: $135,000
    Market Action Index: 44 (Slight Seller's Advantage) 

    Reno markt report pic.png


    The Market by the Quartiles:

    Top 25% of the Properties

    Median Price: $1,158,000
    Sqft: 4,058
    Lot Size: .5-1 acre
    Beds: 4
    Bath: 3
    Age: 18
    Days on Market: 174

    Upper-Middle 25% of Properties

    Median Price: $589,450
    Sqft: 2,769
    Lot Size: 8,000-10,000 sqft
    Beds: 4
    Bath: 3
    Age: 15
    Days on Market: 88

    Middle-lower 25% of Properties:

    Median Price: $449,925
    Sqft: 2,080
    Lot Size: 6,500-8,000 sqft
    Beds: 3
    Bath: 2
    Age: 18
    Days on Market: 48

    Lowest 25% of Properties

    Median Price: $337,000
    Sqft: 1,440
    Lot Size: 6,500-8,000 sqft
    Beds: 3
    Bath: 2
    Age: 25
    Days on Market: 47

    Interested to know what your home could be worth now? Give us a call! 

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