Reno Sparks Real Estate Market Median Price Has Flattened Out

Reno Sparks median price has flattened out over the last three months at $374,000. While this represents a 12% increase year over year, it does seem to indicate that our real estate market values have stabilized. Great news for Buyers who have been chasing the market lately and perhaps an early sign that we will start to move towards a more balanced market.