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Market Report for Reno, NV

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) 

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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! 

Better Homes and Gardens Real Estate Drakulich Realty
2205 N McCarran Blvd
Sparks, NV 89431
775-685-8585

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