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Reno Real Estate Overview

Today, November 24, 2009

Market View for Reno

Info
Avg. Listing Price $362,459 Wk ending Nov 18
-$3,236
-0.9%
w-o-w
Median Sales Price $200,000 Aug '09 - Oct '09
-$36,000
-15.3%
y-o-y
2,898Homes For Sale 1Open Homes
3,927Recently Sold 3,250Foreclosures

Market Trends for Reno

Embed Info
Listing price – Reno
Average Listing Price
$362,459
-0.9%
w-o-w
Median Sales Price
$200,000
-15.3%
y-o-y
Average price/sqft
$1,086
+649%
y-o-y
Number of Sales
1,704
+6.8%
y-o-y
More Reno Market Trends
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Copy & Paste HTML to embed this graph in your website:

Home Prices for Reno

Info
google map tile
Most popular
neighborhoods
Avg. listing price
Week ending Nov 18
 
w-o-w

Northwest
$282,769
-2.5%
North Valleys
$129,859
0.0%
Northeast
$106,963
+0.2%
West University
$190,255
+5.6%
Downtown
$108,056
+8.6%
 
Movers & Shakers
Avg. listing price
Week ending Nov 18
 
w-o-w

Downtown
$108,056
+8.6%
Ward 1
$412,709
-5.7%
West University
$190,255
+5.6%
Northwest
$282,769
-2.5%
Ward 3
$118,787
-1.7%
 
View Reno Home Prices Map
 

Reno Summary

Average price per square foot for Reno NV was $1,086, an increase of 649% compared to the same period last year. The median sales price for homes in Reno NV for Aug 09 to Oct 09 was $200,000 based on 1,704 home sales. Compared to the same period one year ago, the median home sales price decreased 15.3%, or $36,000, and the number of home sales increased 6.8%.

There are currently 2,898 resale and new homes in Reno on Trulia, including 1 open house, as well as 3,250 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Reno NV was $362,459 for the week ending Nov 18, which represents a decrease of 0.9%, or $3,236, compared to the prior week. Popular neighborhoods in Reno include Northwest and North Valleys, with average listing prices of $282,769 and $129,859.

 

Schools in Reno

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Carson City School District
Public
PK - 12
15
8,639
Washoe County School District
Public
PK - 12
106
66,844
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Tmcc Magnet High School
Public
11 - 12
E Otis Vaughn Middle School
Public
7 - 8
Elmcrest Elementary School
Public
K - 6
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Reno Schools
 

Community Info for Reno

Info
More Reno Community Info

Homes for Sale in Reno

4105 Riverhaven Drive, Reno NV
4105 River…
$479,000
5 br  2 ½ ba
400 Parade Court, Reno NV
400 Parade…
$298,000
4 br  3 ba
9050 Double R Boulevard #1422, Reno NV
9050 Double…
$119,900
1 br  1 ba
861 Nutmeg Place, Reno NV
861 Nutmeg…
$39,900
2 br  2 ba
6337 Copper Creek Court North, Reno NV
6337 Copper…
$260,000
3 br  2 ½ ba
4190 Amber Marie Lane, Reno NV
4190 Amber…
$139,000
2 br  2 ½ ba
View all Reno Homes for Sale
 
Stats & Trends
Reno

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Neighborhoods

Northwest

North Valleys

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  • Downtown
  • North Valleys
  • Northeast
  • Northwest
  • Ward 1
  • Ward 2
  • Ward 3
  • West University
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  • 89501
  • 89502
  • 89503
  • 89504
  • 89505
  • 89506
  • 89507
  • 89508
  • 89509
  • 89510
  • 89511
  • 89512
  • 89513
  • 89515
  • 89519
  • 89520
  • 89521
  • 89523
  • 89533
  • 89555
  • 89557
  • 89570
  • 89595
  • 89599
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Nearby Cities

Cities
Median
sales price
Average
listing price
Sparks
$193,603
$201,216
Sun Valley
$115,000
$117,329
Verdi
$450,000
$1,146,201
Spanish Springs
$242,500
$223,500
Washoe Valley
$488,100
$1,366,049
Crystal Bay
$899,000
$4,877,300
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Advice

Recent Q&A in Reno, NV

Q: My credit score is 557 (mid-score) right now. I am working on cleaning it up and should be able to purchase a modest home in 6-12 months. 4 answers
Q: What is A BPO? 4 answers
Q: If there is an active/pending on a short sale is it advisable or possible to put another offer on it? Thanks 5 answers
Q: Hi, I'm interested in buying a condo. 1 answer
Q: Buying house in SPARKs or Reno? Which area is more appealing? 5 answers

Got a real estate question? 

More Advice:
  • Recent Q&A in Reno, NV
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  • Find a real estate professional Reno, NV

Nearby Cities Real Estate

  • Sparks Real Estate
  • Sun Valley Real Estate
  • Lockwood Real Estate
  • Verdi Real Estate
  • Spanish Springs Real Estate
  • VC Highlands Real Estate

Nearby Cities Sold Homes

  • Sparks Sold Homes
  • Sun Valley Sold Homes
  • Lockwood Sold Homes
  • Verdi Sold Homes
  • Spanish Springs Sold Homes
  • VC Highlands Sold Homes

Nearby Cities Home Prices

  • Sparks Home Prices
  • Sun Valley Home Prices
  • Lockwood Home Prices
  • Verdi Home Prices
  • Spanish Springs Home Prices
  • VC Highlands Home Prices

Reno Stats & Trends

  • Reno Market Trends
  • Reno Schools
  • Reno Community Info
  • Reno Home Prices
  • Reno Real Estate
  • Reno Recently Sold Homes

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Reno real estate—use Trulia to find real estate in Reno as well real estate in other cities in Nevada. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Reno real estate trends, market activity, and neighborhood information. Before buying a house in Reno, research real estate on Trulia. Understanding the Reno real estate market is your first step to buying a home in Reno, Nevada. Our real estate guide gives your a valuable overview of the Reno real estate market—find Reno properties, sales statistics, real estate price trends, real estate market activity, comparisons of Reno schools or Nevada schools, and general demographic information for Reno, NV. Trulia's real estate guide combines a Reno map with a detailed list of Reno neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Reno.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

 
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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