Reno Supply of Homes For Sale Down To Record Low

With only 1.1 Months supply of active inventory (resale homes that are on market and available) we are down to record lows of available homes for sale.  MSI represents how long it would take to sell through the existing inventory of homes for sale if no other homes were listed on market.

Reno Real Estate Inventory is Down to a Record Low. Only 1.1 Months Supply. If you have been thinking about selling your home…now might be a great time!  Inventory levels are record lows, which means we are in a very strong Seller’s market in most neighborhoods of Reno – Sparks.

If you would like more information or a complimentary market analysis of your home or investment property, please contact me directly.