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ABOUT US

ABOUT US

MEDIAN SALES PRICE YEAR END

19.8%

$600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0

2020 2021 $450,000 $539,000

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

Market SuMMary

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.

RENO

800 700 600 500 400 300 200

2020 2021

ACTIVE INVENTORY MONTH TO MONTH

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

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