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Fernley, NV Real Estate News

By Katherine (Katie) Gillespie & Diane Ryan, Real Estate Team 775-636-0964
(Nevada Prime Real Estate )
Do you love looking at homes? We love looking at houses too. So come join us for a fun day in the sun looking at these beautiful homes. We are also raffling off gift cards. Hope to see you there. 
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By Mitch Argon, Reno-Tahoe Residential Real Estate
(CalNeva Realty)
Sage Ranch Estates Homes for Sale - Fernley, NVSage Ranch Estates homes are located south of Interstate 80 off of N. Canal Drive in Fernley, NV. Reno and Fallon are short commutes at about 30 minutes. Come home to your cozy country home perched above the town for some eye catching views!Sage Ranch Estates Amenities & Home FactsSage Ranch Estates homes offer five floor plans with 1785-2997 square feet. 3-4 bedroom choices and all have 3 car garages! These great homes border BLM land which gives access to a vast amount of space for your fun outdoor activities! Nearby schools include: Fernley High School, Fernley Middle School, and Fernley Elementary. Fernly has a community swim center, great parks, casinos and close by shopping. Only 26 miles away, you will find the beautiful Pyramid lake...
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By Katherine (Katie) Gillespie & Diane Ryan, Real Estate Team 775-636-0964
(Nevada Prime Real Estate )
THIS HOME IS A GREAT INVESTMENT... THIS HOME QUALIFIES FOR A HOME AT LAST GRANT FOR YOUR DOWN PAYMENT... CONTACT US TODAY TO FIND OUT HOW YOU CAN QUALIFY FOR THIS AMAZING GRANT...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
  Fernley, Nevada Home Sales Slip in June, 2014 after a strong performance in May, 2014. Fernley Median Sales Price June, 2014 median home price was down -15.1% to $127,250 compared to $149,950 in May, 2014, and up 6.9% compared to $119,000 in June, 2013. Fernley Homes Sold June, 2014 homes sold was down -34.4% to 38 compared to 58 in May, 2014 and down -22.4% compared to 49 in June, 2013. Fernley New Listings June, 2014 new listings was up 22.0% to 61 compared to 50 in May, 2014 and up 17.3% compared to 52 in June, 2013. Absorption Months Supply of Inventory  ( Unsold Inventory divided by Sales per Month) As of end of the month, June 2014, there was 4.0 months of inventory based on the sales rate. The National Association of REALTORS® describes a balanced market as between 5 and 7 mon...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Fernley homes median price is up substantially from the bottom of the market in January 2012, a positive statement about the recovering real estate market after seven years of declining values. Fernley Homes Median Sales Price March 2014 median price was down -0.1% to $129,900 compared to $130,000 in February 2014 and up 13.1% compared to $114,900 in March 2013. 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 March, 2014 homes sold was up 44.4% to 39 compared to 27 in February, 2014 and down -17.0% compared to 47 in March 2013. Fernley New Listings March, 2014 new listings was up 19.0% to 50 compared to 42 in February, 2014 and up 11.1% compared to 45 in March 2013...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
  Fernley Remains an Attractive Option for Those Median Income Earners who may be Priced out of the Market in the Reno Area; However, Inventory Levels in Fernley for the Entry-Level Buyer Are Also Low. Summary: The median sales price has slowed from the accelerated pace seen from March 2012 through July 2013, but is still up 12 percent over February 2013. Fernley Median Sales Price February 2014 median price was down -0.4% to $130,000 compared to $130,500 in January 2014 and up 13.1% compared to $114,900 in February 2013. 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 Number of Homes Sold February, 2014 homes sold was up 12.5% to 27 compared to 21 in January, 2014 and down -...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
The Seller's wanted a quick sale and they got it! Listed on February 16th and closed escrow on February 28, 2014.  The seller's wanted to take advantage of a new home community's special pricing opportunity, and they were able to do it. Four bedrooms, 2.5 baths and a 2 car garage. Sale Price $108,000  
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
The Acceleration in Median Price Seen in the First Half of 2013  has Slowed.  Since April of 2013, we Have Seen a Leveling Trend That Has Continued into January 2014. Fernley Homes Median Sales Price January 2014 median home price was down -5.7% to $130,000 compared to $137,900 in December 2013 and up 32.3% compared to $98,250 in January 2013. Fernley Number of Homes Sold January, 2014 homes sold was down -44.7% to 21 compared to 38 in December, 2013 and down -30.0% compared to 30 in January 2013. Fernley Homes New Listings January, 2014 new listings was up 42.4% to 47 compared to 33 in December, 2013 and down 21.7% compared to 60 in January 2013. Absorption Months Supply of Inventory  (Unsold Inventory Divided by Sales per Month) As of the end of month January, there were 6.7 months o...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
The 2013 market returned to its normal seasonality of a winter slow down with sales higher in the spring and summer months. Fernley Median Sales Price December 2013 median price was up 11.7% to $137,900 compared to $123,500 in November 2013 and up 43.6% compared to $96,000 in December 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 Home Sold December, 2013 homes sold was up 35.7% to 38 sales compared to 28 in November, 2013 and down -26.9% compared to 52 in December 2012. Fernley Homes New Listings December, 2013 new listings was up 3.2% to 32 compared to 31 in November, 2013 and up 23.1% compared to 26 in December 2012. Fernley Homes Months Supply of Inventory  (Unsold...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Fernley Golf Course Homes, The Premier Community in Fernley,  Nevada  $184,600   The Fernley Golf Course Community is one of the most popular residential neighborhoods in Fernley. This 3 bedroom, 2 bath, 2 car garage home backs up to the golf course with a beautiful west exposure and mountain views. The home is 2012 square feet on a .15 lot and built in 2005. It features a gracious entry with arches and laminate flooring.  The master bedroom is oversized and has a double door entry.  The master bath has  two sinks in separate vanities, jetted tub, ceramic tile counters, glass shower enclosure and commode room. Entertaining size great room is open to the kitchen, breakfast nook, entry and hallway.  Archways and white columns add an elegant touch. The sunny breakfast nook looks out to th...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
  Fernley has seen a steady increase in median home sales price since February 2012.   Fernley Median Home Sales Price October 2013 median home price was up 12.0% to $140,000 compared to $125,000 in September 2013 and up 44.3% compared to $96,999 in October 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. Number of Homes Sold October, 2013 homes sold was up 72.0% to 43 compared to 25 in September, 2013 and down-10.4% compared to 48 in October 2012. Fernley New Listings October, 2013 new listings was down -1.9% to 51 compared to 52 in September, 2013 and up 10.9% compared to 46 in October 2012. Absorption Months Supply of Inventory (Unsold Inventory divided by Sales per Month) As...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
The drop in existing home sales is not unlike the prior seasonal trends we have seen in the fall after school begins.  We are also seeing a positive trend in the leveling of median sales prices. Fernley Homes Median Sales Price September 2013 median price was down -10.5% to $119,950 compared to $133,950 in August 2013 and up 27.6% compared to $94,000 in September 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 September, 2013 homes sold was down -40.9% to 26 compared to 44 in August, 2013 and down -29.7% compared to 37 in September 2012. Average Days on Market September, 2013 average days on market was up 23.3% to 95 compared to 77 in August, 2013 and down -20...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
For the past 24 months, Fernley has averaged  44 sales per month.  August 2013 sales were up 8% compared to August 2012. Fernley Homes Median Sales Price August 2013 median price was down 0.0% to $134,950 compared to $135,000 in July 2013 and up 51.6% compared to $89,000 in August 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 Number of Homes Sold August, 2013 homes sold was down -14.3% to 42 compared to 49 in July, 2013 and up 7.7% compared to 29 in August 2012. Fernley Homes New Listings August, 2013 new listings was up 8.9% to 61 compared to 56 in July, 2013 and up 22.0% compared to 50 in August 2012. Fernley Months Supply of Inventory  (Unsold Inventory divided by ...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
  Summary The fact remains that we are still in a seller's market and the demand for homes is very high.  Home buyers need to understand that if they continue to wait for home prices to decline, while interest rates have been increasing for the past five months, it is likely to lower their purchasing power. Fernley Median Home Sales Price June 2013 median price was up 4.8% to $119,000 compared to $113,500 in May 2013 and up 28.% compared to $93,000 in June 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 Number of Homes Sold June, 2013 homes sold was down -15.1% compared to 53 in May, 2013 and up 4.7% compared to 43 in June 2012. Fernley New Listings June, 2013 new listin...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Fernley, Nevada Homes on the Golf Course Summary The Fernley median price is currently at 2001 levels. In 2001, interest rates were 6.97% compared to today's average interest rate of 3.54 percent, which for the current median price saves home buyers $228 per month with 5 percent down on a 30 year fixed loan. With low inventory levels we anticipate this trend to continue at least through the end of the year. Fernley Median Home Sales Price May 2013 median price was up 3.3% to $113,500 compared to $109,890 in April 2013 and up 26.1% compared to $90,000 in May 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 May, 2013 homes sold was up 3.9% to 53 compared to 51 i...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
  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-ha...
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By Terrie Leighton, Reno Real Estate Agent ~ Selling Homes in Reno
(Ferrari-Lund Real Estate )
      Fernley Single Family Home Overview Maps Photos Description $124,900 Single Family Home Main Features 2 Bedrooms2 BathroomsInterior: 1,788 sqftLot: 0.18 acre(s) Location 1747 CanalFernley, NV 89408USA To get updates on open home dates and other property events, please click the "Like" button below: Terrie Leighton Ferrari-Lund Real Estate(775) 846-5424Terrie@Terrieleighton.comhttp://www.terrieleighton.com          Listed by: Ferrari-Lund Real Estate Our recent listings Fernley Single Family HomeWaterfront Home For Sale in RenoLot For Sale In Reno, NV Subscribe to our listing feed Nearby properties for sale
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By Ricky Beach, Reno Broker/Salesperson/Realtor
(Keller Williams Realty Group One Inc.)
Just listed! Regular sale in Fernley, NV.   Built in 2004 with newer laminate flooring installed. RV access to the side and backyard includes a large storage shed. Additional concrete slabs in driveway for more room.   Both front and back yard are limited maintenance for ease of living.   The kitchen flows to the living room which boasts a ceiling fan and gas fireplace for comfort. The master has an additional walk out to the backyard and the two additional bedrooms are hidden away from the living room for those quiet times.   For more information contact Broker Ricky Beach at (775) 750-1437 and Ricky@Resnv.com and watch the video below.    
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Fernley, Nevada Homes and Real Estate Report, Your Guide to Buying and Selling a Home! Summary: The lack of inventory, along with strong buyer demand for homes continues to push median price up month-over-month. Even with rising median prices, home ownership remains at affordable levels for buyers with a steady income, a reasonable down payment and good credit. Fernley Homes Median Sales Price March 2013 median price was up 2.2% to $114,900 compared to $112,400 in February 2013 and up 58.5% compared to $72,500 in March 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 March, 2013 homes sold was up 17.5% to 47 compared to 40 in February, 2013 and up 14.6% compar...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Market Reports, Your Guide to Buying or Selling a Home in Fernley, Nevada Photo by Jerry Mansker   Summary As inventory continues to be scarce, we are experiencing month-over-month increases in median sales prices.  This scarcity is also creating a high demand for homes causing the number of existing home sales to also increase.  As northern Nevada's weather continue to get warmer, we are cautiously optimistic that sales numbers will continue to rise in the next few months. Fernley Median Home Sales Price February 2013 median home price increased 16.5% to $112,400 compared to $96,500 in January. The median home price is up 54% from the prior February. 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-h...
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Fernley, NV Real Estate Professionals