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Market Report for Reno, NV

Monday, May 13, 2019   /   by Callie O'Brien

Market Report for Reno, NV

The Market by the Numbers

 

Median List Price: $519,950
Price Per Sqft: $233
Days on Market: 84
Price Decreased: 36%
Price Increased: 4%
Relisted: 4%
Inventory: 703
Median House Rent: $1,895
Most Expensive: $13,900,000
Least Expensive: $135,000
Market Action Index: 44 (Slight Seller’s Advantage)



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The Market by Quartiles

Top 25% of Properties:

Median Price: $1,160,000
Sqft: 4,058
Lot Size: .5 – 1 acre
Beds: 4
Bath: 3
Age: 18
Days on Market: 158

Upper-Middle 25% of Properties

Median Price: $609,500
Sqft: 2,789
Lot Size: 8,000 – 10,000 sqft
Beds: 4
Baths: 3
Age: 15
Days on Market: 86

Middle-Lower 25% of Properties

Median Price: $449,250
Sqft: 2,093
Lot Size: 6,500 – 8,000 sqft
Beds: 3
Baths: 2
Days on Market: 52

Lower 25% of Properties:

Median Price: $339,999
Sqft: 1,523
Lot Size: 6,500 – 8,000 sqft
Beds: 3
Baths: 2
Age: 25
Days on Market: 40

Want to know how much your property is worth now? Give us a call today!

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

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by Brokerage firms other than Bryan Drakulich - Do More Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokerage. Data is deemed reliable but not guaranteed. Copyright 2020 of Northern Nevada Regional MLS. All rights reserved.
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