Prices High For Reno/Sparks Homes

The Reno/Sparks Association of Realtors October report on existing home sales in Reno, Sparks and Fernley, showed Reno-Sparks had 546 sales of existing single-family homes; an increase of 17 percent from October 2018 and a 5 percent decrease from one month ag. The report listed the median sales price in October at $399,995; a 4 percent increase from October 2018 and a 1 percent increase from September 2019. The median sales price in Reno was $415,000; a 3 percent increase from a year ago, and a 3 percent increase from September. The Sparks median sales price was $365,000; and in Fernley it was $263,000 for an existing single family home.