Homes Sales Down in the Reno Sparks Area, Prices Still Rise

The Reno/Sparks Association of REALTORS released its January 2019 report on existing home sales in Reno, Sparks and Fernley, including median sales price and number of home sales in the region. During January 2019, Reno-Sparks had 317 sales of existing single-family homes; a decrease of 22 percent from January 2018 and a 17 percent decrease from one month ago. The report listed the median sales price for an existing single family residence in Reno-Sparks in January 2019 at $362,000; an increase of 1 percent from January 2018 and a 1 percent decrease from December 2018.