Asking Prices and Inventory for Homes in Reno Nevada

As of February 20 2012 there were about 4,153 single family and condo homes listed for sale in Reno Nevada. The median asking price of these homes was approximately $187,000. Since this time last year, the inventory of homes for sale has decreased by 21.4% and the median price has increased by 0.6%.

	February 20, 2012	Month/Month	Year/Year
Median Asking Price	$187,000	+1.1%	+0.6%
Home Listings/Inventory	4,153	-2.9%	-21.4%

Recent Asking Price and Inventory History for Reno

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
02/20/2012	4,153	$112,200	$187,000	$375,000
02/13/2012	4,180	$111,900	$187,000	$375,000
02/06/2012	4,141	$112,500	$185,900	$379,000
01/30/2012	4,275	$114,000	$185,000	$375,000
01/23/2012	4,276	$114,200	$185,000	$375,000

Reno Asking Price History

The median asking price for homes in Reno peaked in June 2006 at $398,875 and is now $212,242 (53.2%) lower. From a low of $182,250 in April 2011, the median asking price in Reno has increased by $4,383 (2.4%).

25th, Median (50th) and 75th Percentile Asking Prices for Reno Nevada

Reno Housing Inventory History

Housing inventory in Reno, which is typically highest in the spring/summer and lowest in the fall/winter, peaked at 6,435 in August 2006. The lowest housing inventory level seen was 4,158 in February 2012.

Housing Inventory for Reno Nevada

Reno Asking Price and Inventory History

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
February 2012	4,158	$112,200	$186,633	$376,333
January 2012	4,332	$111,620	$185,000	$373,169
December 2011	4,824	$111,775	$184,875	$370,625
November 2011	5,161	$114,975	$189,400	$384,410
October 2011	5,564	$114,980	$195,200	$399,520
September 2011	5,819	$117,975	$199,350	$419,000
August 2011	5,849	$119,000	$199,460	$426,600
July 2011	5,809	$118,975	$197,475	$417,225
June 2011	5,595	$105,125	$193,499	$397,750
May 2011	5,388	$117,180	$184,940	$368,500
April 2011	5,205	$118,100	$182,250	$355,475
March 2011	5,182	$118,850	$184,475	$362,725
February 2011	5,232	$119,800	$186,975	$371,875
January 2011	4,979	$121,360	$191,282	$377,160
December 2010	5,415	$125,725	$199,600	$394,475
November 2010	5,704	$129,540	$210,999	$411,729
October 2010	5,956	$130,100	$219,450	$436,875
September 2010	6,212	$134,003	$224,725	$450,000
August 2010	6,232	$134,760	$225,000	$455,960
July 2010	5,880	$138,975	$226,250	$465,975
June 2010	5,259	$138,750	$225,950	$473,900
May 2010	4,955	$136,780	$219,960	$454,200
April 2010	4,784	$139,000	$220,725	$449,575
March 2010	4,648	$139,280	$223,930	$454,600
February 2010	4,468	$139,700	$227,450	$476,000
January 2010	4,320	$141,875	$235,699	$505,500
December 2009	4,553	$145,225	$245,725	$524,975
November 2009	4,755	$149,540	$252,360	$549,360
October 2009	5,023	$153,950	$263,500	$570,625
September 2009	5,237	$159,675	$281,350	$595,875
August 2009	5,340	$161,580	$293,400	$610,579
July 2009	5,366	$165,475	$297,250	$618,725
June 2009	5,239	$164,980	$291,520	$599,700
May 2009	5,205	$164,725	$279,472	$582,725
April 2009	4,969	$164,225	$273,885	$578,610
March 2009	4,601	$167,760	$274,580	$584,980
February 2009	4,944	$172,241	$275,000	$557,375
January 2009	4,929	$179,158	$279,000	$552,802
December 2008	5,059	$186,492	$285,891	$557,628
November 2008	5,305	$193,590	$292,559	$562,298
October 2008	5,402	$200,925	$299,450	$567,125
September 2008	5,581	$211,860	$314,500	$597,600
August 2008	5,723	$220,950	$324,750	$599,000
July 2008	5,655	$225,975	$332,475	$598,450
June 2008	5,506	$229,580	$337,100	$592,970
May 2008	5,271	$234,250	$333,450	$591,225
April 2008	5,044	$238,475	$337,200	$577,250
March 2008	4,835	$245,160	$347,600	$591,200
February 2008	4,690	$249,450	$349,675	$598,500
January 2008	4,566	$251,500	$352,725	$605,725
December 2007	4,969	$259,080	$360,636	$605,740
November 2007	5,276	$263,225	$364,000	$599,450
October 2007	5,571	$269,740	$370,640	$603,580
September 2007	5,825	$273,925	$376,075	$598,750
August 2007	6,014	$274,875	$378,447	$592,750
July 2007	6,169	$278,200	$379,850	$589,900
June 2007	5,949	$278,975	$379,987	$588,700
May 2007	5,650	$280,425	$381,225	$581,672
April 2007	5,317	$280,480	$384,091	$586,280
March 2007	4,970	$284,450	$385,300	$588,225
February 2007	4,719	$286,975	$387,725	$589,000
January 2007	4,590	$288,080	$386,570	$587,289
December 2006	5,084	$288,225	$385,147	$581,975
November 2006	5,519	$288,600	$387,132	$578,450
October 2006	5,961	$293,600	$394,200	$591,357
September 2006	6,323	$298,000	$394,975	$580,493
August 2006	6,435	$299,225	$391,894	$573,650
July 2006	6,258	$300,930	$394,060	$572,770
June 2006	5,922	$304,500	$398,875	$579,950
May 2006	5,295	$303,251	$394,880	$568,320
April 2006	4,725	$303,999	$391,300	$564,650