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Fernley, Nevada Homes and Real Estate Report April 2013
Fernley, Nevada Homes and Real Estate Report, Your Guide to Buying or Selling a Home in Fernley! Summary: Properties in the $150,000 to $200,000 price range are the most desirable and continue to be scarce in the Fernley area. Although 69 percent of new listings in April were less than $150,000 there is an inventory shortage creating a high demand that the supply cannot accommodate. It is not unusual for homes in this price range to receive multiple offers that exceed the asking price. Fernley Median Home Sales Price April 2013 median price was down -4.4% to $109,900 compared to $114,900 in March 2013 and up 37.4% compared to $80,000 in April 2012. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Fernley Homes Sold April 2013, homes sold was up 4.3% to 49 compared to 47 in March, 2013 and down -3.9% compared to 51 in April 2012. Fernley New Listings April, 2013 new listings remained level at 45 compared to March, 2013 and at the same number of new listings (45) in April 2012. Months Supply of Home Inventory (Unsold ... more
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