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Reno Vacancy Rates by MLS Area

By
Real Estate Agent with Keller Williams Group One, Inc.

Just as we saw with last quarter's numbers vacancy rates again increased across the board.  However, a reshuffling of the ranking has occurred.  Somersett has once again regained the top spot as having the highest proportion of vacant listings.  And with 63% vacant and 8% tenant-occupied, only a 29% of Somersett's current listings are owner-occupied.  29% owner-occupied represents the lowest level seen since I began tracking the data. (see all the numbers here)