2018 Reno Market Report

1035 SILVER FOX LISTED BY KATHIE BARTLETT

2018 Reno Market Report 65 FOOTHILL RD. #2, RENO, NV

|

OLIVERLUX.COM

|

775.236.1500

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8 80

1

Sparks

Reno

80

80

Reno Neighborhoods

2 1 West Southwest

Reno International Airport

3

Caughlin Ranch, Juniper Hills, Juniper Ridge, W. Mayberry

2 Old Southwest

680

Old Southwest, California, Newlands, Midtown

3 Southwest Lakeridge, Skyline, Bartley Ranch , Chardonnay, Evans Creek, East Ridge

4 Old South Suburban

4

Lakeside, Holcomb, Windy Hill

5

5 South Meadows Double Diamond, Damonte Ranch, Curti Ranch

6 South Suburban ArrowCreek, Fieldcreek, Wolf Run, Saddlehorn

6

7 Southwest Suburban Montreux, Galena Forest, St. James Village

Mt. Rose Highway

8 Northwest / Somersett / Verdi

7 2

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West Southwest: Single Family Caughlin Ranch, Juniper Hills, Juniper Ridge, W. Mayberry

RENO

2017

2018

CHANGE

Median Price

$545,000

$625,000

15%

Average Sold Price

$678,474

$769,852

13%

Average Days on Market

128

119

-7%

Highest Sold Price

$2,650,000

$2,900,000

9%

Lowest Sold Price

$310,000

$340,000

10%

% Sold Price to Average List Price

97%

99%

2%

Total Dollar Volume Sold

$98,378,766

$97,001,406

-1%

Total Properties Sold

145

126

-13%

OLIVERLUX.COM 775.236.1500

4

Old Southwest: Single Family Old Southwest, California, Newlands, Midtown

RENO

2017

2018

CHANGE

Median Price

$367,500

$403,000

10%

Average Sold Price

$410,111

$433,779

6%

Average Days on Market

93

71

-24%

Highest Sold Price

$1,800,000

$1,300,000

-28%

Lowest Sold Price

$130,000

$147,000

13%

% Sold Price to Average List Price

97%

98%

1%

Total Dollar Volume Sold

$91,454,775

$88,924,720

-3%

Total Properties Sold

223

205

-8%

OLIVERLUX.COM 775.236.1500

5

Southwest: Single Family Lakeridge, Skyline, Bartley Ranch , Chardonnay, Evans Creek, East Ridge

RENO

2017

2018

CHANGE

Median Price

$430,000

$450,000

5%

Average Sold Price

$458,799

$500,638

9%

Average Days on Market

98

91

-7%

Highest Sold Price

$1,800,000

$2,465,000

37%

Lowest Sold Price

$50,000

$80,000

60%

% Sold Price to Average List Price

97%

97%

0%

Total Dollar Volume Sold

$209,671,410

$192,245,373

-8%

Total Properties Sold

457

384

-16%

OLIVERLUX.COM 775.236.1500

6

Old South Suburban: Single Family Lakeside, Holcomb, Windy Hill

RENO

2017

2018

CHANGE

Median Price

$422,400

$614,500

45%

Average Sold Price

$675,910

$872,036

29%

Average Days on Market

128

145

13%

Highest Sold Price

$3,500,000

$3,949,000

13%

Lowest Sold Price

$154,000

$235,000

53%

% Sold Price to Average List Price

96%

95%

-1%

Total Dollar Volume Sold

$68,942,850

$78,483,290

14%

Total Properties Sold

102

90

-12%

OLIVERLUX.COM 775.236.1500

7

South Meadows: Single Family Double Diamond, Damonte Ranch, Curti Ranch

RENO

2017

2018

CHANGE

Median Price

$381,475

$426,000

12%

Average Sold Price

$390,862

$443,448

13%

Average Days on Market

87

73

-16%

Highest Sold Price

$865,000

$1,050,000

21%

Lowest Sold Price

$151,824

$216,000

42%

% Sold Price to Average List Price

99%

99%

0%

Total Dollar Volume Sold

$334,578,658

$308,640,399

-8%

Total Properties Sold

856

696

-19%

OLIVERLUX.COM 775.236.1500

8

South Suburban: Single Family South Suburban: ArrowCreek, Fieldcreek, Wolf Run

RENO

2017

2018

CHANGE

Median Price

$666,500

$779,000

17%

Average Sold Price

$722,308

$833,680

15%

Average Days on Market

119

93

-22%

Highest Sold Price

$1,950,000

$2,900,000

49%

Lowest Sold Price

$215,000

$250,000

16%

% Sold Price to Average List Price

97%

98%

1%

Total Dollar Volume Sold

$197,912,472

$211,754,854

7%

Total Properties Sold

274

254

-7%

OLIVERLUX.COM 775.236.1500

9

Southwest Suburban: Single Family Southwest Suburban: Montreux, Galena Forest, St. James Village

RENO

2017

2018

CHANGE

Median Price

$850,000

$965,000

14%

Average Sold Price

$1,005,602

$1,183,530

18%

Average Days on Market

184

143

-22%

Highest Sold Price

$3,400,000

$4,900,000

44%

Lowest Sold Price

$309,000

$275,000

-11%

% Sold Price to Average List Price

96%

97%

1%

Total Dollar Volume Sold

$113,633,104

$152,675,370

34%

Total Properties Sold

113

129

14%

OLIVERLUX.COM 775.236.1500

10

Northwest / Somersett: Single Family

RENO

2017

2018

CHANGE

Median Price

$432,500

$482,000

11%

Average Sold Price

$474,858

$529,830

12%

Average Days on Market

97

88

-9%

Highest Sold Price

$1,375,000

$1,850,000

35%

Lowest Sold Price

$287,500

$304,000

6%

% Sold Price to Average List Price

98%

99%

1%

Total Dollar Volume Sold

$145,781,674

$150,471,981

3%

Total Properties Sold

307

284

-7%

OLIVERLUX.COM 775.236.1500

11

Verdi: Single Family

RENO

2017

2018

CHANGE

Median Price

$640,000

$679,342

6%

Average Sold Price

$744,352

$764,955

3%

Average Days on Market

88

133

51%

Highest Sold Price

$2,250,000

$4,200,000

87%

Lowest Sold Price

$200,000

$270,000

35%

% Sold Price to Average List Price

94%

101%

7%

Total Dollar Volume Sold

$12,654,000

$19,888,852

57%

Total Properties Sold

17

26

53%

OLIVERLUX.COM 775.236.1500

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65 FOOTHILL ROAD #2, RENO, NV

|

OLIVERLUX.COM

|

775.236.1500

13

65 FOOTHILL ROAD #2, RENO, NV

|

OLIVERLUX.COM

|

775.236.1500

INCLINE VILLAGE | TAHOE CITY | HOMEWOOD | ZEPHYR COVE | TRUCKEE | RENO

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