The following information is for real estate listings and sales for Reno and Sparks, NV for the first 8 months of 2008.  The real estate sales information is taken from data maintained by the Northern Nevada Regional Multiple Listing Service.  Neither the Reno/Sparks Association of Realtors nor the Northern Nevada Regional Multiple Listing Service guarantees nor is in any way responsible for the accuracy of this report.  Data maintained by the NNRMLS may not reflect all real estate activity in the area.  The information is only for residential properties actively on the market or properties that have sold in Reno and Sparks, NV. through the Northern Nevada Regional Multiple Listing Service.

August 6, 2008    7:00 a.m.

RENO, NEVADA

Active Listings = 3,002 properties   $496,578 = average price   $309,900 = median  price   DOM = 141      Total $$$ = $1,490,713,352

Pending Sales =   583 properties   $299,359 = average price   $241,588 = median price   DOM = 132   Total $$$ = $174,526,358

Sold Properties 1/1/08 - 7/31/08 = 1,624 properties   $328,949 = average price   $264,000 = median price   DOM = 142   Total $$$ = $534,213,326

SPARKS, NEVADA

Active Listings = 932 properties   $313,092 = average price   $264,900 = median price   DOM = 120   Total $$$ = $291,801,699

Pending Sales = 247 properties   $249,899 = average price   $230,000 = median price   DOM = 114   Total $$$ = 61,725,083

Sold Properties 1/1/08 - 7/31/08 = 620 properties   $262,763 = average price   $245,000 = median price   DOM = 126   Total $$$ = 162,913,348

This information might not agree with National, Regional, or Local real estate sales information you have seen, however, I know it is accurate.  I will be blogging daily, weekly and monthly about our local sales information.  Give me a call or email if there is other information you would like to see.

Thanks,

David Wiggins   CRS ePRO RECS

The David Wiggins Group @ Dickson Realty