Western Title's Market Report

Reno, NV

Single-Family Homes

Our Strength is Our People



Reno, NV

Fri Dec 13 2019
This week the median list price for Reno, NV is $525,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 642. Click here to stay informed with the Reno market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Reno, NV

Fri Dec 13 2019
This week the median list price for Reno, NV is $525,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 642. Click here to stay informed with the Reno market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Reno market.
Median List Price $525,000
Per Square Foot $235
Days on Market 109
Price Decreased 47%
Price Increased 4%
Relisted 4%
Inventory 642
Median Rent $1,949
Most Expensive $14,999,000
Least Expensive $89,000
Market Action 42
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,085,997 3,913 0.5 - 1 acre 4 3 17 9 15 186
$628,950 2,716 0.25 - 0.5 acre 4 3 18 7 17 99
$440,000 1,986 6,500 - 8,000 sqft 3 2 17 12 23 83
$334,900 1,532 6,500 - 8,000 sqft 3 2 22 10 33 67