Reno Real Estate Cheat Sheet for July 2015

Our cheat sheet numbers are out. cheat sheet

You can view the whole report by clicking the pictures to the right or through here… July 2015 Cheat Sheet

  • Homes between $100,000 and $200,000 are moving quickly with a median days on market of 61. They’re also getting 100% of their asking price.
  • $200,000-$300,000 has 1.2 months of inventory. That bumped up a little but it’s still a strong seller’s market.
  • $300,000-$400,000 seems to have softened a little. The list to sales price ratio is at 99% but I’ve been noticing more price reductions to get those offers. Sellers are starting out really high and buyers aren’t playing the game anymore.

 

Posted in Market Update.