Take a look at what’s going on in the Reno/Sparks area real estate market.

In July, there was an 8% decrease in single family home sales from June, and a 7% decrease in condo sales. This is primarily due to low levels of inventory our market is experiencing. Although the median sales price for single family homes remained the same for both June and July at $250,000, that amount is 5% higher than the median sales price in May.

Steady increases in prices and low inventory levels indicates the market is in a great position, especially if you are selling a home.

But what does this mean for home buyers? Being the first to know about new listings is crucial. DicksonRealty.com and our mobile app update listings every 30 minutes, so you can be sure to have the latest information at your fingertips.

Download our app in the iTunes or Android app stores. You can also get in touch with one of our many experienced agents at dicksonrealty.com to get more information or answer any questions you might have about the market.

If you’re thinking of selling or buying, we’re here to help! Contact an experienced Dickson agent today or visit us online at DicksonRealty.com.