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    Market Report for Reno, NV

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    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)



    Screen Shot 2019-05-13 at 1.09.50 PM.png 

    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!

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