Here’s some market news regarding our housing inventory and sales from Dickson Realty.
According to the Northern Nevada Regional MLS, the total number of homes available for purchase in the Reno/Sparks region at the end of the year was 842. This is down 35% from November and the lowest available inventory in the past 6 months.
Average days on market rose slightly in December, up to 111 from 97 days in November.
The number of properties sold in December rose to 511, up slightly from November’s 506.
Median sales price in December was $262,000, which is up slightly from November and up 5% from July and August.
Knowing what to do when buying or selling a home can be a challenge and having a market expert on your side is an invaluable asset. Your Dickson Realty agent can help provide you with up to the minute information about what is selling in your neighborhood.
If you are looking for a new home, be one of the first to know about new listings. Dicksonrealty.com updates listings every 30 minutes, so you can be sure to have the latest information.
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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.
