Ferrari-Lund Real Estate - Annual Market Report, 2021 - Team Armendariz

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RENO

2020

MEDIAN SALES PRICE YEAR END

$450,000

2021

$539,000

$600,000 $500,000 $400,000

19.8%

$300,000 $200,000 $100,000 0

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

M a r k e t S u mm a ry December 2021, Reno (including North Valleys) had 370 sales of existing single-family homes: an increase of less than 1 percent from last November and 6.3 percent decrease from December 2020. The median sales price in Reno for an existing single-family residence in December 2021 was $555,000; a 2.1 percent decrease the previous month and a 11 percent increase from December 2020. All sales numbers are for existing “stick built, single-family dwellings” only and do not include condominiums, townhomes, manufactured, modular or newly constructed homes. The existing condominium/townhome median sales price for December 2021 in Reno was $329,000; an increase of 13.4 percent from the prior year.

Reports are based on single family homes in the Reno & Sparks area(s).

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Ferrari-Lund Real Estate, 2021


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