With Thanksgiving just a few days away we wanted to look at some of the things that we are thankful for in the Reno-Sparks real estate market.
YEAR TO DATE UNIT SALES ARE UP – As of the end of October the number of single family homes sold in the Reno-Sparks market year-to-date were up 1.3% over last year with 4,726 homes sold.
YEAR TO DATE MEDIAN PRICE IS UP – As of the end of October the median price for a single family home in the Reno-Sparks area was $389,000 this is up 3.7% over the previous year.
INTEREST RATES ARE LOW: Mortgage rates are low. Depending on your qualifications rates are around 4%, and in some cases below 4%.
The Shocket Team is thankful to all of our clients and friends who have made 2019 a great year! We are counting our blessings and looking forward to a great holiday season. Happy Thanksgiving to all.