The median home sale price, in Reno/Sparks, hit it’s peak in the month of July at $355K. By the end of September, it went down to $335K. This drop is certainly a seasonal effect but also shows that the majority of home sales are in the lower end, thus dragging down the median home sale price.
We are selling more houses that are less than normal average, so it’s actually a great time to buy in Reno right now! If you’re in the market to purchase a new home, check out my hot new listings here.