Data provided by Sierra Nevada Realtors on the local housing market, last updated Nov. 10.
According to data released by Sierra Nevada Realtors, sales of existing single-family homes in Carson City in October increased while home prices dropped.
Carson City had 68 sales of existing single-family homes, a 15.3 percent increase from the previous month and a 28.3 percent increase from last year.
The median sales price for an existing single-family residence was $527,500, a decrease of 1.4 percent from the previous month and a decrease of 9.1 percent from the previous year.
“In October, the housing market in Northern Nevada showed a range of trends,” said Robert Bartshe, president of SNR. “While some counties saw declines in median home prices and existing home sales, others experienced increases. These fluctuations are influenced by broader national economic factors. As the market continues to evolve, it’s important to stay informed and work with a knowledgeable local agent to successfully navigate these changes.”
SNR provided October figures for other markets as well:
Churchill County
Churchill County had 28 sales of existing single-family homes, an increase of 115.4 percent from the previous month and an increase of 55.6 percent from last year. The median sales price for an existing single-family residence was $378,950, a decrease of 2.7 percent from the previous month and up 5.3 percent from last year.
Douglas County
Douglas County had 73 sales of existing single-family homes, an increase of 23.7 percent from the previous month and an increase of 52.1 percent from last year. The median sales price for an existing single-family residence was $775,000, an increase of 7.6 percent from the previous month and an increase of 16.5 percent from last year.
Lyon County (Includes stick-built, manufactured and single-family residences)
Lyon County had 86 sales of existing single-family homes and manufactured properties, a decrease of 25.2 percent from the previous month and a decrease of 1.1 percent from last year. The median sales price for existing manufactured and single-family residences was $379,990, a decrease of 5.2 percent from last month and a decrease of 3.8 percent from the previous year.
Storey County
Storey County had three sales of an existing single-family home, with an increase of 50 percent from the previous month. The median sales price for an existing single-family residence was $480,000, an increase of 33.3 percent from the previous month.
Washoe County (excluding Incline Village)
Washoe County, excluding the area of Incline Village, saw 488 new listings and 423 closed sales. The median sales price for an existing single-family residence in Washoe County was $589,000, an increase of 0.3 percent from the previous month and an increase of 2.4 percent from last year.