2019 Q1 Reno Market Report

5 SILVER SADDLE LISTED BY THE FERENCIK IRELAND TEAM

2019 Q1 Reno Market Report 65 FOOTHILL RD. #2, RENO, NV

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OLIVERLUX.COM

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775.236.1500

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8 80

Sparks

Reno

80

80

Reno Neighborhoods

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1

Reno International Airport

3

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

2

680

Old Southwest Old Southwest, California, Newlands, Midtown

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

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4

Old South Suburban Lakeside, Holcomb, Windy Hill

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5

South Meadows Double Diamond, Damonte Ranch, Curti Ranch

6 South Suburban ArrowCreek, Fieldcreek, Wolf Run, Saddlehorn

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7

Southwest Suburban Montreux, Galena Forest, St. James Village

Mt. Rose Highway

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Northwest / Sommersett / Verdi

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West Southwest & Old Southwest: Single Family West Southwest: Caughlin Ranch, Juniper Hills, Juniper Ridge, W. Mayberry Old Southwest: Old Southwest, California, Newlands, Midtown

RENO

January - March 2019

WEST SOUTHWEST

OLD SOUTHWEST

Median Price

$610,000

$383,000

Average Sold Price

$722,079

$411,068

Average Days on Market

119

93

Highest Sold Price

$1,662,474

$1,340,000

Lowest Sold Price

$383,000

$182,000

% Sold Price to Average List Price

99.8%

97.5%

Total Dollar Volume Sold

$13,719,513

$20,553,400

Total Properties Sold

19

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OLIVERLUX.COM 775.236.1500

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Southwest & Old South Suburban: Single Family Southwest: Lakeridge, Skyline, Bartley Ranch , Chardonnay, Evans Creek, East Ridge Old Southwest: Lakeside, Holcomb, Windy Hill

RENO

January - March 2019

SOUTHWEST

OLD SOUTH SUBURBAN

Median Price

$462,000

$685,000

Average Sold Price

$468,197

$741,252

Average Days on Market

106

112

Highest Sold Price

$1,250,000

$1,540,000

Lowest Sold Price

$84,000

$345,000

% Sold Price to Average List Price

97.4%

96.9%

Total Dollar Volume Sold

$27,623,661

$12,601,300

Total Properties Sold

59

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OLIVERLUX.COM 775.236.1500

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

January - March 2019

RENO

Median Price

$435,000

Average Sold Price

$449,006

Average Days on Market

109

Highest Sold Price

$1,557,995

Lowest Sold Price

$227,500

% Sold Price to Average List Price

98.4%

Total Dollar Volume Sold

$60,615,920

Total Properties Sold

135

OLIVERLUX.COM 775.236.1500

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South Suburban & Southwest Suburban: Single Family South Suburban: ArrowCreek, Fieldcreek, Wolf Run Southwest Suburban: Montreux, Galena Forest, St. James Village

RENO

January - March 2019

SOUTH SUBURBAN

SOUTHWEST SUBURBAN

Median Price

$869,000

$975,000

Average Sold Price

$904,953

$1,206,427

Average Days on Market

126

156

Highest Sold Price

$1,900,000

$3,100,000

Lowest Sold Price

$255,000

$479,000

% Sold Price to Average List Price

97%

99.5%

Total Dollar Volume Sold

$38,913,000

$18,096,407

Total Properties Sold

43

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OLIVERLUX.COM 775.236.1500

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Northwest / Sommersett: Single Family

RENO

January - March 2019

NORTHWEST/SOMMERSETT

VERDI

Median Price

$475,000

$782,467

Average Sold Price

$568,793

$661,321

Average Days on Market

109

129

Highest Sold Price

$1,970,000

$935,000

Lowest Sold Price

$335,000

$287,000

% Sold Price to Average List Price

98.1%

104.5%

Total Dollar Volume Sold

$28,439,694

$5,951,891

Total Properties Sold

50

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OLIVERLUX.COM 775.236.1500

8

65 FOOTHILL ROAD #2, RENO, NV

|

OLIVERLUX.COM

|

775.236.1500

9

65 FOOTHILL ROAD #2, RENO, NV

|

OLIVERLUX.COM

|

775.236.1500

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

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