Reno-Sparks Market News Median Price — August 29, 2015
by Jeff Sallan
on Saturday, August 29th, 2015 at 10:09am.
In July, the median price for the Reno-Sparks region was $291,990. This amounts to a 4.7 percent increase from last month, which marked a median sales price of $279,000 for June. Perhaps most impressive is the astonishing increase of 16.8 percent from July 2014 to July 2015. According to statistics by the Reno-Sparks Association of REALTORS, the median price has steadily recovered since the market bottomed out around January 2012, but it still has a way to go to reach back to the market levels at the peak.