Third Quarter Reno Housing Stats

Each quarter our broker distributes housing metrics and charts for us agents to use as we see fit (pricing presentations, buyer consultations, etc.).  Third quarter numbers presented no real surprises.  Residential sales are down year-over-year in terms of units sold (16% decrease), $ volume (19% decrease), median price (7% decrease) and average price (4% decrease).  However, the median condo price has actually increased 18% y-o-y.  See the numbers here.