November 2011 Reno/Sparks Real Estate Market Report (Video)

reno home market reportThe 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…

For more information on buying a home in the Reno and Sparks areas contact me at Ricky@Resnv.com or (775) 750-1437.

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  |

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