Median home price in Carson creeps up

The median sales price for an existing single-family residence in Carson City was $545,000 in August, according to a news release from Sierra Nevada Realtors.

That price represents an increase of 3.6 percent from the preceding month and a 13.5 percent increase from the same time the previous year.

In August, there were 73 sales of existing single-family homes in Carson, a 3.9 percent decrease from the previous month but a 23.7 percent increase from last year. The active inventory for the month was 164 homes, a decrease of .6 percent from the previous month and an increase of 10.1 percent from last year, according to SNR.

“The August housing market report reflects a notable rise in median sales prices for single-family homes across most counties over the past year,” said SNR president Robert Bartshe. “Given the ongoing fluctuations in home prices and inventory levels, working with a local agent is crucial. They can offer the expertise and resources needed to navigate the market's complexities and provide valuable insights and support.”

Other highlights from the August report include:

Washoe County (excluding Incline Village)

Washoe County, excluding the area of Incline Village, saw 511 new listings and 378 closed sales.

The median sales price for an existing single-family residence in Washoe County was $610,000, with no change from the previous month and an increase of 6.1 percent from last year. The active inventory for the month was 998, a decrease of 2.4 percent from the preceding month and an increase of 11.4 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, an increase of 1.2 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 $414,995, an increase of 3.7 percent from previous month and an increase of 9.2 percent from the previous year.

Churchill County

Churchill County had 26 sales of existing single-family homes, an increase of 36.8 percent from the previous month and no change from last year.  The median sales price for an existing single-family residence for the month was $399,890, an increase of 1.2 percent from the previous month and up 3.9 percent from last year.

Storey County

Storey County had one sale of an existing single-family home, with no change from the previous month and down 66.7 percent from last year. The median sales price for an existing single-family residence was $490,000, an increase of 29.8 percent from the previous month and a decrease of 2.6 percent from last year.

Douglas County

Douglas County had 53 sales of existing single-family homes, a decrease of 7 percent from the previous month and a decrease of 20.9 percent from last year. The median sales price for an existing single-family residence was $819,900, an increase of 15.2 percent from the previous month and a decrease of 2.4 percent from last year.