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August Median Sold Prices - Reno, Nevada

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

Another month, another substantial decrease.  This month both the median sales price AND the number of sales dramatically decreased.  August's median sales price of $240,000 represents a 2.8% decline from July's $247,000.  YoY decrease is 18.6%; Yo2Y decrease is 22.6%; and we are now 30.4% off our peak of $345,000 set in July 2005.  See the complete report here.