Market Report - Inventory and Percent of Sales Reno/Sparks-- September 30, 2016
Posted by Jeff Sallan on
Let's take a look at the existing housing inventory and sales statistics by price range for the Reno-Sparks area, as of September 26th.
The lack of local real estate inventory has been a main topic of conversation for many months. However, in September the trend of small month over month increases in available homes for sale continued. A year ago, there were 1,366 homes available for sale. At the same time this year, we have just over 1,600 homes available.
In the price ranges below $600,000, where 95% of sales occur, demand is still strong. A small increase in the number homes available for sale in these robust price ranges should not negatively impact demand, but I encourage my sellers to work closely with me on pricing.
When we look at the…
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Fall is in the air, even if our daytime temperatures are all over the place. The cool nights and shorter days mean one thing: Pumpkin Spice Lattes. It also means that it's time to start thinking about preparing your yard for winter. If you are in the process of selling your home or plan to sell your home over winter, these fall yard maintenance tips are even more important. Just because the seasons are changing doesn't mean your yard needs to look unkempt. Check out these ten tips for fall yard maintenance.
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