One of the most talked-about topics in real estate is the high demand for homes, which is contributing to record median prices and fast market times. Here’s the latest information on the Reno/Sparks market, from the experts at Dickson Realty.
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There were 541 homes active on the market and available for purchase (not in contract or escrow) at the end of September. There have been small but steady increases in standing inventory every month since March. When compared to this time last year, the standing inventory is 27% higher than September 2020. Despite the increases, the strong demand from home buyers is putting most new listings into contract quickly and often with multiple offers. All of this…
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