Let’s take a look at the median price and days on market trends for the Reno/Sparks area.
The median price in November remained the same from October at $260,000. This represents a 9% increase over September, 2014, and is a 16% increase over November, 2013 median home price of $224,900.
With the exception of a dip in August of this year, the average days on market has remained stable since July. This is about the same as one year ago, but down 16% from January and February of this year when the average days on market was 115.
With consumer confidence up, a continuously improving economy and job market, 2015 is looking to be a great year for both sellers and buyers in our real estate market. Having a local real estate expert on your side is more important than ever. At Dickson Realty, our experienced agents have the tools and technology to stay on top of the market. That will help you buy or sell at the right price.
For the latest market information, be sure to read our blog, renotahoerealestatenews.com, and follow us on Facebook, Twitter and Google+. You can trust the experts at Dickson Realty. We’ve been assisting buyers and sellers in northern Nevada for over 40 years.
