Friday, December 14, 2018
By Bob Cross
Reno Market Report: 12/14

The Market by the Numbers

Median List Price: $475,000

Price Per Square Foot: $223

Days on Market: 103

Price Decreased: 51%

Price Increased: 4%

Relisted: 5%

Inventory: 837

Median House Rent: $1,800

Most Expensive: $13,900,000

Least Expensive: $135,000

Market Action Index: 40 (slight seller’s advantage)

 

 

The Market by the Quarters

 

Top 25% of Properties:

 

Median Price: $1,150,000

Sqft: 4,098

Lot Size: .5 – 1 acre

Beds: 4

Bath: 4

Age: 16

 

Upper-Middle 25% of Properties:

 

Median Price: $567,995

Sqft: 2616

Lot Size: 8,000 – 10,000 sqft

Beds: 4

Bath: 3

Age: 14

 

Middle-lower 25% of Properties:

 

Median Price: $414,900

Sqft: 1,979

Lot Size: 6,500 – 8,000 sqft

Beds: 3

Bath: 2

Age: 17

 

Lowest 25% of Properties:

 

Median Price: $305, 950

Sqft: 1,432

Lot Size: 6,500 – 8,000

Beds: 3

Bath: 2

Age: 37

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