Wow! The median sold price took a huge drop for the month of May - 5.2% lower than April's median.  Granted, all sales for May might not be entered into the MLS yet, but even so I don't see the median fluctuating that much.  Note also that the median For Sale price has remained unchanged since February of this year, while the Sold median price has dropped more than 6% during the same period.  Inventory also increased to...      see all the data here

 
Posted by Guy Johnson, MBA, EcoBroker on 06/05/2008 12:48 PM   Comments (0)   , , , , ,  

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Real Estate Agent: Guy Johnson, MBA, EcoBroker (Chase International)
Guy Johnson, MBA, EcoBroker
Reno, NV
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Chase International

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I regularly contribute to the Reno Realty Blog. This popular blog describes itself as "Musings on the Reno Sparks real estate market". Find it here: Reno Realty Blog

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