$225K  
Despite a 40.0% reduction in sales over the last 30 days, the Reno market extended a six-week hot streak with a total of three homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Pricing in Reno remains consistent from last week to this week, with the median sales price at $169,900 again. With only two months of inventory to sell, Reno is a strong seller's market, in spite of the dip in sales.
Comments:

$119K  
The Reno market saw one home go under contract, and failed to break out of a determined downward trend. The market had total home sales of four over the last 30 days, maintaining last week's pace. The median sales price in Reno stayed put this week at $174,450. In spite of contracts trending lower, there are only two months of inventory available, which signals that Reno is a still definite seller's market.
Comments:

$225K  
The Reno market warmed up in this week's report, as the number of home sales rose 50.0%, pushing the total to three homes sold over the last 30 days. To put it in perspective, close-by Sulphur Springs registered nine homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Reno, with the median for this period rising from $157,950 to $169,900. With only three months of inventory and rising sales, Reno is a seller's market.
Comments:

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. Homes in Reno are of moderate age with a median age of 18 years.
Comments:

$149K  
Sales rose to three homes sold in the Reno market over the last 30 days. However, a recent downturn in the amount of pending transactions continued, with two completed in the same period. The median sales price rose dramatically to $136,900, up from last week's $41,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Reno is a seller's market.
Comments:

$119K  
Home sales in the Reno market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 50.0% to one home sold over the last 30 days. Within the same time frame, Sulphur Springs had 13 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Reno, and for this period the median sales price slid from $130,450 to $41,000. Along with the slip in sales, a relatively high nine months of inventory indicates that Reno is a definite buyer's market.
Comments:

$169K  
With a new downward trend in sellers reducing price, including zero markdowns over the last 30 days, sales in the Reno market remained the same with two over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Pricing in Reno remains consistent from last week to this week, with the median sales price at $130,450 again.
Comments:

$137K  
Sales have risen to two homes sold over the last 30 days in the Reno market. But sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to three for the same period. Prices are falling in Reno, and this period the median price of all sales fell from $219,900 to $130,450.
Comments:

$119K  
The number of homes coming into the Reno market shrank to three listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. Pricing in Reno remains consistent from last week to this week, with the median sales price at $219,900 again. Along with flat sales, a relatively high eight months of inventory indicates that Reno is a strong buyer's market.
Comments:

$169K  
Reno is a larger than average city in Texas with 3,166 residents. Its population is also growing slower than others at a 10-year growth rate of 17.1%. Reno is an area where most people own their homes, with an ownership ratio of 74.7%.
Comments:
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