Wishing you the happiest of Holiday Seasons and a prosperous New Year!
Median Price in Greater Reno Sparks for the month of November 2020 was $453,750. This represents a slight drop from October but a $53,750 increase (13.4%) over the previous year.
Month’s supply of of Homes for Sale has dropped again to just over 1/2 a month (.6 Month) during November. Last year’s November supply was 2.4 months. Clearly we are in a very challenging market for Home Buyers with very limited inventory of resale homes.