Fernley Homes and Real Estate Market Report February 2012

February single family home sales in the Fernley are up 18.5% over February 2011 and have remained stable over the past year! Fernley Median Home Sales Price February 2012 median home price decreased 5.4% to $74,000 compared to $78,250 in January 2012. The median home price is down 31.5% from the prior February. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Fernley Homes Price per Square Foot … [Read more...]

Reno/Sparks Homes and Real Estate Report February 2012

For the Second Consecutive year, February had the highest volume of Home Sales for a Month of February in the History of the MLS! Reno/Sparks Median Home Sales Price February 2012 median price was up 7.4% to $145,000 compared to $135,000 in January 2012 and down 9.9% from February 2011. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Reno/Sparks Price Per Square Foot Solds Price per square foot is at … [Read more...]

Fernley Homes and Real Estate Market Report January 2012

Fernley Median Home Sales Price January 2012 median home price decreased 14% to $78,250 compared to $91,000 in December 2011 The Fernley median home price is up 4% from the prior January. The Fernley median home price has remained stable the past ten months. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Fernley Price per Square Foot Solds Price per square foot is at $49.37. Fernley Number of Homes … [Read more...]

Reno/Sparks Homes and Real Estate Market Report January 2012

January 2012 homes sales was the highest January sales number in history! Reno/Sparks Homes Median Sales Price January 2012 median price was down 12.9% to $135,000 compared to $155,000 in December 2011 and down 14% from the January 2011 Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Reno/Sparks Price per Square Foot Solds Price per square foot is at $84.86. Reno/Sparks Number of Homes Sold January … [Read more...]

Reno/Sparks Homes and Real Estate Market Report December 2011

Summary December home sales at 524 are the highest home sales for a December in history.  This number outpaces December 2010 sales by 8% and is up 6.1% from November.  Year-end sales for 2011 were the second highest in the history of the MLS.  We are optimistic that these are early and positive signs of a move toward recovery. Reno/Sparks Homes Median Sales Price December 2011 median price was up 3.9% to $155,400 compared to $149,506 in November 2011. For the past two months we have seen moderate increases … [Read more...]

Fernley Homes and Real Estate Market Report December 2011

Photo by Jerry Mansker   Summary December home sales at 47 are the fourth highest homes sales for a December in history.  This number outpaces December 2010 sales by 47% and is up 27% from November 2011.  Year-end sales for 2011 were the fourth highest in the history of the MLS.  We are optimistic that these are early and positive signs of a move toward recovery. Fernley Homes Median Sales Price December 2011 median price increased 7.3% to $90,000 compared to $83,859 in November 2011. The median … [Read more...]

Reno/Sparks Homes and Real Estate Report October 2011

Summary: October home sales in Washoe County are the fourth highest home sales for an October in history and outpaces October 2010 by 15 percent.  This is the first month where the year-over-year comparison is not influenced by the tax credit incentives, thus a positive sign that sales remain healthy.  Also, we have seen only moderate fluctuations in median price for the past seven months.  With the majority of new listings entering the market at the under $150,000 and a majority of sales occuring in this same … [Read more...]

Fernley Homes and Real Estate Market Report October 2011

Summary: October home sales in Fernley are up 10.3% over October 2010 and have shown continued improvement for the past seven months.  This is the first month where the year-over-year comparison is not influenced by the tax credit incentives, thus a positive sign that sales remain healthy.  We have seen only moderate fluctuations in median price for the past seven months. Fernley Homes Median Sales Price October 2011 median price decreased 4.4% to $82,100 compared to $85,899 in September 2011. The median … [Read more...]

Fernley Homes and Real Estate Market Report November 2011

Summary: November sales are down 10% over last year, but year-to-date unit sales are keepiong pace with 2010 and we have also seen relative stable prices seven out of the past eight months.  These are positive indicators for the residential housing market. Fernley Homes Median Sales Price November 2011 median price increased 2.1% to $83,859 compared to $82,100 in October 2011. The median price is down 23.8% from the prior November. Median price is defined as the mid-point, where, for the time period … [Read more...]

Reno/Sparks Homes and Real Estate Market Report November 2011

Summary November sales are up 22% over last year and year-to-date home sales have exceeded 2010 by 10%.  We have also seen relative stable prices for the past seven months.  These are positive indicators for the residential housing market. Reno/Sparks Homes Median Sales Price November 2011 median price was up less than 1% to $149,506 compared to $149,000 in October 2011. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and … [Read more...]