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Market Report - Q3 Luxury Trends Reno/Sparks

Posted by Jeff Sallan on Monday, October 17th, 2016 at 6:25am.

Dickson Luxury TrendsOver the last 33 months, the majority of sales over $1 Million have been between $1 Million and $1.5 Million. Year-to-date, that segment represents 72% of the sales, absorbing 61% of the available inventory in that price range. By contrast, sales over $2 Million represent $7.4 of the sales this year with absorption at 11% of the standing inventory. 

In this growing and changing market, it is important to use the skills of a professional who is experienced in buying and selling luxury homes in the Reno-Sparks area. For more information about custom or luxury homes in Northern Nevada, please contact us or call 775-453-4568.

Click the image to the right to click through the entire Reno Luxury Market Report, including links to current listings. 

Dickson Realty Market News - Luxury Report October 17, 2016 from Dickson Realty on Vimeo.

 

 

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