$125K  
The Reno market saw sales remain consistent with two homes sold over the last 30 days and is also under a recent downward trend in the number of contracts closing, with this week's number falling to zero. The median sales price in Reno stayed flat at $184,900 while months of inventory was flat at four.
Comments:

$125K  
Reno is a larger than average city in Texas with 3,166 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of 17.1%. It should be noted that at 74.7%, most people own their homes in Reno.
Comments:

$169K  
This week in the Reno market, sales rose to two homes sold over the last 30 days, even with a solid downward trend in price reductions, with zero in the same time frame. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $184,900 this week.
Comments:

$179K  
The number of homes coming into the Reno market jumped to two listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The prices of sold homes went up with the median sales price setting a six-month high at $179,900. Along with flat sales, a relatively high eight months of inventory indicates that Reno is a definite buyer's market.
Comments:

$179K  
The number of homes coming into the Reno market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price in Reno stayed put this week at $149,000.
Comments:

$136K  
On top of an identifiable downward trend in sellers reducing price, including zero markdowns over the last 30 days, sales in the Reno market dropped to one over the same stretch of time. Prices are rising in Reno, and the median sales price this period increased from $107,000 to $149,000.
Comments:

$136K  
Sales fell this week to two homes sold in the Reno market over the last 30 days. However, a three-week positive trend for contracts was extended, with two pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price dropped to $107,000 over the latest reporting period for Reno, down from $149,000. In spite of the decrease in sales, a low three months of inventory signals that Reno is a seller's market.
Comments:

$179K  
Over the last 30 days, an established downward trend of new sellers coming into the Reno market continued, with zero listings in this week's report. Meanwhile, sales rose, with three homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. As new listings trended lower, the median sales price climbed for the homes that have sold, trending upwards for four weeks to reach $149,000. The rising prices, along with the fact that there are a lower-than-normal two months of inventory, drive home the fact that Reno is a strong seller's market.
Comments:

$136K  
Reno has a cost of living adjustment score of 85.6, which is expensive when compared to others in Texas. Also, the area is considered affluent with a median income of $50,370 per household. Reno is made up of homes that are considered of moderate age with a median of 18 years.
Comments:

$136K  
The number of sellers who put their homes up for sale in the Reno market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again two homes were sold. Potential buyers should take note that the median sales price in Reno stayed flat at $117,450 and that there are four months of inventory still available.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page


©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.