Homes were on the market an average of 53 days between listing and a contract for purchase.
Prices continue to stabilize, and the median price of an existing home in the region was up less than 1 percent from year-earlier figures.
The median sales price for an existing single-family residence in Reno/Sparks was $600,000, an increase of 13.2 percent from last year
The Reno/Sparks Association of REALTORS (RSAR) has released their May 2022 report on existing home sales in the area.
During the month of March 2022, the median sales price reached $575,000 for an existing home in Reno/Sparks, an increase of 2.9 percent over February’s figure.
The median home price in Reno has hit an all-time high. The latest Reno-Sparks Association of Realtors report indicates that the median price of a home in Reno has reached $420,000.
The Reno/Sparks Association of Realtors (RSAR) has released their October 2018 report on home sales in Washoe County.