Hi, this is Max Sabo with Haute Properties giving you the October update with the September stats. The median sales price last month was $544,000 down just a bit from August. Home sold in about 88 days on average. Last month we had 1,532 active listings and 336 sales in the Reno area. The absorption rate held steady at about 5 months and homes sold at about 95% of their list price. The market right now is balanced but selective. Strong presentation and pricing make all the difference. Are you thinking about moving this fall? Let’s talk strategy.

William Maxwell Sabo  |  BS.143873  |  Haute Properties NV