realtors reno: Reno-Sparks Homes and Real Estate Market Report May 2011
- 06/28/11 05:45 AM
Summary: The median sales price has continued its settling trend over the past 24 months. More buyers and investors are deciding it is an opportune time to purchase a home. High inventory and low prices reflect the affordability of homes, verified by the increase in home sales. Reno-Sparks Homes Median Sales Price May 2011 median price was down 3.6% to $147,900 compared to $155,250 in April 2011. The median sales price continues to settle from the prior months. For the past nine consecutive months median price has been lower than the prior year-over-year median. Median price is defined as the mid-point, … (2 comments)
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