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Reno-Sparks Real Estate Market Trends– October 24, 2015

Posted by Jeff Sallan on Saturday, October 24th, 2015 at 11:08am.

The average Days on Market for September 2015 was 84 days, which is the first instance the number has increased over the past six months.  Prior to September, the average for days on market has been decreasing since January 2015, where it spiked at 129 days after a previous period of decline.  This still clearly indicates excellent conditions for a continued seller’s market.

What does this information mean to you? Interest rates are expected to remain at historical lows for another few months. For sellers who have equity as a result of the increase in property values, the time may be right to talk to us. Give us a call at 775-453-4568.

October 24 Days on Market

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