MARKET TRENDS 2nd Quarter Market Report 2014
Compliments of your Dickson Agent. For more information about the cover home, visit DicksonRealty.com and search for MLS # 14000569
MARKET NEWS Housing Report for January 1-June 30, 2014 The market continues to improve overall, especially when compared over the past few years. Whether you’re a homebuyer or looking to sell, being informed on market conditions allows you to make smart choices. Turn to the experts at Dickson Realty to get the information and expertise you need to navigate through the ever-changing market.
2012
2013
2014
January 1–June 30 Sales 2014 15% HIGHER THAN 2013 $236,000 3,368 33% HIGHER THAN 2012 $206,000 3,421
$155,499 3,535
Average Days on Market
27% down
from 2012
MEDIAN PRICE TOTAL SALES
When looking at the Median Sales Prices, we are still experiencing year over year increases, but there is a slight slowing of the pace here as well. The 2013 median sales price through June was an astonishing 33% higher than the 2012 median. However, the 2014 median sales price was 15% higher than 2013. A 15% increase in median sales price is still very good, and certainly more sustainable.
The better news continues for homeowner’s who are looking to sell: the Average Days on Market is steadily going down, from 142 in 2012 to 122 in 2013 and 103 in 2014. This is a 27% reduction in number of days to sell a home on average.
TOP 10 Real Estate Companies | all reno/sparks areas* DICKSON REALTY
Ferrari-Lund 10.11% Re/MAX Realty 7.53% Coldwell Banker 7.35% Keller Williams 6.24% Chase International 6.06% Harcourts Realty 5.32% Krch Realty 3.67% Trans-Action Realty 3.07% Sierra Nevada Properties 2.01%
17.55%
1.7x
Dickson Realty has
more transaction volume than our closest competitor!
*Source: Northern Nevada Regional Multiple Listing Service (NNRMLS), residential transaction volume, all price ranges, all Reno/Sparks areas (area 100), Jan 1 – July 31, 2014.
NEWS UPDATE
Coming in fall 2014 our Downtown Residential office, along with our new Dickson Commercial Group office.
Dickson Realty — Watch Us Grow! We’re excited to announce five new offices: Downtown Reno, Truckee, Donner Lake, Graeagle, and Nakoma! The partners of Dickson Realty have announced the formation of a new full service commercial real estate firm, Dickson Commercial Group, Inc. Prior to the formation of the new company, Dickson Commercial was housed under Dickson Realty. Dickson Commercial Group with a group of investors purchased the three-story, 14,017 square foot office building at 333 Holcomb Ave. at the edge of Reno’s downtown and Midtown districts. After renovations, Dickson Commercial Group will move its offices to the second floor of this location. A Dickson Realty residential office will be on the first floor. The third floor, totaling 5,500 square feet, will also be renovated and available for lease.
Our brand new Truckee Office, headquartered at the entrance to Tahoe Donner.
Dickson Realty is also growing in the Truckee/Tahoe areas. A new office at the entrance to Tahoe Donner has been built; new offices have also been opened at Donner Lake, in Graeagle, and in Nakoma.
Our brand new Graegle Office! Just opened!
Proud to represent RCN sales at Nakoma!
Our Donner Lake Office, new to us in early 2014.
For the Market Trends full report, visit DicksonRealty.com/Market-Conditions Did you know?
LUXURY TRENDS
Dickson Realty is the Luxury Leader, and has over 4x more transaction volume than our closest competitior! Visit DicksonLuxury.com to: • Search listings from around the world • Browse luxury home markets • View luxury development details
The Market Report from the Market Leader
4x
OVER
more transaction volume than Interested in the Luxury Market Trends? our closest Ask your agent for the report, or download it at competitor! DicksonRealty.com/LuxuryTrends
2nd Quarter 2014 DicksonLuxury.com
*Source: Northern Nevada Regional Multiple Listing Service (NNRMLS), residential transaction volume, sales $1 million and higher, all Reno/Sparks areas (area 100), Jan 1 – July 31, 2014.
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Whether you’re a homebuyer or looking to sell, being informed on market conditions allows you to make smart choices. Turn to the agents at Dickson to get the information and expertise you need to navigate through the ever-changing market.
Visit us online or contact your agent today. DicksonRealty.com | info@dicksonrealty.com Like us on Facebook | Follow us on Twitter | Follow us on Google+ ©2014 Dickson Realty. All rights reserved. Although the information above is deemed reliable, Dickson Realty does not guarantee its accuracy.