August 2024 Reno-Sparks Real Estate Market Update

The video below outlines stats and trends for the Reno-Sparks real estate market for August 2024.

Are you curious about the state of the real estate market in Reno, NV this month? Check out this update on the latest trends and statistics for August 2024. From housing inventory to median home prices, we cover everything you need to know about buying or selling a home in the Reno-Sparks area. Whether you're a first-time homebuyer or a seasoned investor, this video is a must-watch. Contact Assist2Sell today to learn more about how we can help you navigate the Reno real estate market with confidence.

Mortgage Rates over the last 10 years.

New Listings for July reached 663, up from June. This is also up 5.1% from July 2023

Closed listings for the month of July reached 519. This is down slightly from the same period last year.

The active inventory in Reno reached 1,239. This up 24.1% from July 2023.

The average sales prices of homes in Reno was $569,000 for the month of July. Up 7.4% from the same period last year.