In market news this week, we are going to take a look at the trends in median price and average days on market for homes in the Reno/Sparks area.
The median home price for the Reno/Sparks market has remained level at $250,000 for three consecutive months, after a long trend of increases, and is up 14% compared to August 2013. Many home sellers today are in a much better equity position than they were three or four years ago. However, price reductions are becoming more predominant, especially with the slowdown in median price increase. If you are selling your home, getting expert advice is critical to set the correct price.
Dickson Realty agents are local neighborhood experts, and can provide you with the information and resources necessary to help you price your home to sell.
For the latest market information, be sure to read our blog, RenoTahoeRealEstateNews dot com, and follow us on Facebook, Twitter and Google Plus.
Trust the experts at Dickson Realty to get you the information you need, when you need it. We’ve been assisting buyers and sellers in northern Nevada for over 40 years.
