Reno Sparks Real Estate Inventory – Seller’s Market for last 5 years.

MSI (Months Supply of Inventory) is an indicator used to determine Buyer or Seller Markets.  Markets with lower inventory are considered Seller Markets.  Markets with higher inventory are considered Buyer markets.  A balanced market is generally considered to be between 5 and 6 months of inventory.  The Reno-Sparks real estate market has been in a Read More …

Reno Real Estate Single Family Median at $377,500 and Days to Contract 63 Days.

Reno Real Estate Single Family Homes stats for December 2018 (current month on image is the last full calendar month).  Median Sold Price is down 4% from November 2018; New Listings are down 38% over November 2018; Months Supply of Inventory is up 103% over December 2017; and Days to Contract is up 6% over December Read More …