For the Reno/Sparks areas, active inventory and number of sales were both up over the previous month. All indicators reflect an upward trend in all areas.
For the Truckee and North/West Lake Tahoe areas, active inventory and number of sales were both up over the previous month, but because the ratio of sold/actives increased, the months of inventory is down for both single family homes and condos/town homes.
With the abundance of buyers currently in the market and with prices as well as interest rates going up, the time to buy is now!
If you’re thinking of buying or selling your home, contact a Dickson Realty agent today.