Ferrari-Lund Real Estate - Annual Market Report, 2021 - Kristina Thyer

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SPARKS

MEDIAN SALES PRICE YEAR END

2020

$400,000

2021

$480,000

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

20.0%

$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 Sparks (including Spanish Springs) had 150 sales of existing single-family homes in December 2021: a decrease of 6.3 percent from last year and a 15.7 percent decrease from the previous month. The Sparks median sales price for an existing single-family residence in December 2021 was $521,750; an increase of 29.5 percent from last year and an increase of 4.4 percent from November 2021. 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 Sparks was $283,500; an increase of 26 percent from last 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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