December 2011 Reno/Sparks Market Report (Video)

The Reno/Sparks Real Estate Market Report for December 2011 is out from the Reno Sparks Association of Realtors®… Here is a quick overview:

Here are the stats through November of 2011:

  • Median sale price increased $506 from October of 2011
  • Median price continues to stay within 4% of the previous few months
  • 50% of sales were under $150,000. The payment on a purchase at or below $150,000 is generally at or below market rent.
  • 488 units sold in November outpacing November of 2010 by 22%
  • 2011 ytd sales have outpaced 2010 sales by 10%

For more market and affordability stats please watch the video. To learn more about buying or selling a home in Reno and Sparks please contact me at (775) 750-1437 or Ricky@Resnv.com.

 

 


 

Ricky Beach

Broker/Owner|Realtor®|CDPE®|SFR®

Renown Real Estate Services

6900 South McCarran Blvd., Suite 3040

Reno, NV 89509

| Office:(775) 313-9600 |  Cell:(775) 750-1437  | Fax:(775) 562-4779  |


| Ricky@Resnv.com  |  Blog  | Search For HomesForeclosure Help  |

Facebook YouTube Twitter LinkedIn

Posted in For Buyers, For Sellers, Market Update and tagged , , , , , , .

Fatal error: Uncaught Exception: 12: REST API is deprecated for versions v2.1 and higher (12) thrown in /home/content/76/12108376/html/wp-content/plugins/seo-facebook-comments/facebook/base_facebook.php on line 1273