Reno Nevada Market Report September 2009

Reno Nevada Market Report for September 2009 ~ Washoe County Nevada

Here are your market statistics for single family homes sold in Reno, Nevada in September 2009:

There were 311 single family homes sold in September. In August 2009, there were 334 single family homes sold in Reno, Nevada.

The average price of home sold in Reno, Nevada during the month of September was $248,784. The average days on the market for these single family homes were 126 days.

Out of the 311 single family homes sold during September, 105 were Bank Owned properties. The average sales price of a Bank Owned property was $169,486. The average amount of time these homes were staying on the market we just 95 days.

There were 72 Short Sale propertiessold during the month of September 2009. The average sales price of a Short Sale property was $228,858. These homes spent an average of 183 days listed on the market.

The Reno real estate market appears to be holding steady. During the month of September foreclosures still maintained a huge influence on the Reno market and we saw a slight decrease in existing home sale prices.

Reno Nevada Market Report September 2009~ The numbers posted in this market report are believed to be accurate but are not guaranteed by the author.