RENO/SPARKS MARKET NEWS YOU CAN USE

Wednesday, March 02, 2016






The average Days on Market seemed to temporarily level out, marking 105 days on market for January 2016 compared to 104 days on market for December 2015.  Outside an average days on market value of 97 in November, the market has hovered above 100 dating back to October 2015. It is typical for Days on Market to increase this time of year, but with the continued low housing inventory and high demand, we expect the average to go down as soon as we get into the early spring buying months.


Days on Market Reno Sparks

Why should this information matter to you? For any sellers who have equity as a result of the increase in property values, the low inventory and high demand make this a great time to talk to a Dickson agent about how to sell now and for the best price in many years.

Recent turbulence in the stock markets and the unsettled global climate is helping to keep mortgage rates at historic lows. This will help buyers who are looking to move up or enter the housing market for the first time. If you are in the market to purchase, you can be one of the first to know about new listings by visiting DicksonRealty.com. Or, download our free mobile app to your Apple or Android phone. We update listing information every 30 minutes, so you will have the latest information in the palm of your hand.

As a Dickson Realty agent, I have the experience, the tools and the technology to stay on top of the market. That will help you buy or sell at the right price.

I hope this information is useful to you in your decision making process for buying or selling a home. Please contact me for more market statistics or market information.

I have been helping families buy and sell homes in the Reno/Sparks area for over 18 years.  It is vital that you have a solid, well respected, and seasoned Realtor on your team when you are looking to buy or sell a home.  Please call me today and let's have a conversation about the market and how you can take advantage of our increasing values and low interest rates.


Contact me for all of your Real Estate needs at 775-762-7653 or move2reno@gmail.com.

Best,

You Might Also Like

0 comments

Instagram


f o l l o w   m e   o n   i n s t a g r a m   @thebiggestlittlelife