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Reno Housing Market Report: 11/27

Wednesday, November 27, 2019   /   by Callie O'Brien

Reno Housing Market Report: 11/27

The Market by the Numbers
Median List Price: $505,000
Price Per Sqft: $234
Days on Market: 99
Price Decreased: 48%
Price Increased: 5%
Relisted: 4%
Inventory: 718
Median Rent: $1,960
Most Expensive: $14,999,000
Least Expensive: $89,000
Market Action Index: 41 (Slight Seller’s Advantage)

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The Market by the Quartiles
Top 25% of Properties
Median Price: $1,050,000
Sqft: 4,048
Lot Size: .5 - 1 acre
Beds: 4
Baths: 3
Age: 17
Days on Market: 173
Upper-Middle 25% of Properties: 
Median Price: $615,000
Sqft: 2,704
Lot Size: .25 - .5 acre
Beds: 4
Baths: 3
Age: 19
Days on Market: 87
Middle-Lower 25% of Properties: 
Median Price: $437,000
Sqft: 1,970
Lot Size: 6,500 – 8,000 sqft
Beds: 3
Baths: 2
Age: 17
Days on Market: 74
Lowest 25% of Properties:
Median Price: $324,400
Sqft: 1,451
Lot Size: 6,500 – 8,000 sqft
Beds: 3
Baths: 2
Age: 26
Days on Market: 61

Want to know what your home could be worth now? Give us a call!
(775) 685-8585

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

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