Reno-Sparks Homes and Real Estate Market Report October 2010
By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Reno-Sparks Homes and Real Estate Report details homes sold, listings, bank owned, mls statistics and more. Summary As colder weather months are upon us, we expect to see a slight seasonal downturn in the number of homes sales. We are continuing to see only small decreases in median sales prices from a month-over-month and year-over-year perspective. As we had anticipated, these numbers again indicate that we are experiencing a leveling of the market. Reno-Sparks Homes Median Sales Price October 2010 median price was up 2.2% to $172,775 compard to $169,000 in September 2010. The median sales price has remained relatively stable for the past seventeen months. Median price is defined as the mid-point, half of the sales for the time frame are below and half are above. Reno-Sparks Homes S...
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