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May Median Sold Prices - Reno, Nevada

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

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