Sunday, November 8, 2020 / by Porsche Danner
Market Summary During October 2020
The report showed Reno/Sparks had 616 sales of existing single-family homes; an decrease of 11.1 percent from September 2020 and a 9.4 percent increase from October 2019. The report listed the median sales price for an existing single-family residence in Reno/Sparks in October 2020 at $455,000; a 3.4 percent increase from last month and 13.8 percent increase from the previous year. All sales numbers are for existing “stick built, single-family dwellings” only and do not include condominiums, town-homes, manufactured, modular or newly constructed homes. The median sales price of an existing condominium/town-home in Reno/Sparks in October 2020 was $254,500; an increase of 6 percent from last year.
For more information regarding this article, visit Reno Market Report