The Reno/Sparks Real Estate Market Report for November 2011 is out from the Reno Sparks Association of Realtors®… Here is a quick overview:
- 483 October sales, the highest non tax credit month in the past year.
- Highest October sales, non tax credit influenced, since October 2004
- Pricing still fluctuating within 4% of the of the past six months
- Sale price to list price ratio is on average for 97.3% in the past 13 months. More on this in a later blog.
- 6.5 months of supply and down 24% since October 2010
- Freddie Mac 30 year fixed rate dropped to 4.07%
For a more detailed look watch the video…
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 |
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