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Dickson Realty Market Trends Newsletter for Reno-Sparks Q3 2014
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MARKET TRENDS3rd Quarter Market Report 2014
Compliments of your Dickson Agent.For more information about the real estate market, or to search for homes, visit DicksonRealty.com.
SINGLE�FAMILYMedian Sales $$ ��������Year to year change ���
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NORTH�VALLEYS
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SPARKS
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NORTH�URBAN
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NEW�NORTHWEST
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NEW�SOUTHWEST
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OLD�SOUTHWEST
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OLD�SOUTHEAST
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NEW�SOUTHEAST
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SPANISH�SPRINGS
MARKET NEWS
Source: Northern Nevada Multiple Listing Service (NNRMLS), All Reno/Sparks areas (Area 100).
Median Sales Price & Average Price per Square Foot
NEWS UPDATE
The Tesla EffectMany of our valued sellers and buyers are asking about the “Tesla Effect” on home values. We are very excited about Tesla and the positive impact on our housing market over the next few years. While the estimates for job
creation are upwards of 6,500 new jobs over the next 8 years, the number of home buyers in the immediate future may be a small percentage of that work force. Yes, Tesla is very good news, but other news that may
be more relevant to home sales right now are companies that are already here and growing, such as: Apple, Amazon, Zulily, ASHIMA Devices, Dragonfly, Petco, and Flirtey, just to name a few.
To hear the latest information on the market and see Dickson’s Featured Listings, be sure to “Like” us on Facebook, or read our blog at www.RenoTahoeRealEstateNews.com. You’ll have access to our exclusive video content, and see newly listed homes every day.
Source: Northern Nevada Regional MLS (NNRMLS), Area 100
The total number of homes available for purchase in the Reno/Sparks region on October 1st was 1,479. This is a slight decrease from September 1st but still an increase over July and August. The number of properties sold increased each month from July through September. Median sales price held steady at $250,000 in July and August before dipping slightly in September.
With all these ups and downs, knowing what to do when buying or selling a home can be a challenge. Having a market expert on your side is an invaluable asset. Dickson Realty provides exclusive tools to each agent that can help provide you with up to the minute information about what is selling in your neighborhood. That can give you a definite edge.
Market Statistics Reno/Sparks Area
Dickson Realty Market Trends
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CAUGHLIN RANCH DAMONTE RANCH SOMERSETT MONTRÊUX SPARKS TRUCKEE 775.746.7000 775.850.7000 775.746.7222 775.849.9444 775.685.8800 530.587.7444
NEW OFFICE! DOWNTOWN RENO775.324.7000
DicksonRealty.com | [email protected]
© 2014 Dickson Realty. All rights reserved. Although the information above is deemed reliable, Dickson Realty does not guarantee its accuracy.
