Washoe County Market Snapshot
As of May 2020

New Home Closings

NEW HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $456,056 +2.5%
Average Price Per Square Foot $235.89 +9.8%
No. of Closings - Month 146 -11.5%
No. of Closings - Year-to-Date 805 +16.3%
No. of Closings - Last 12 Months 1,947 +7.7%
New Home Permits - Month - -
New Home Permits - Year-to-Date - -
New Home Permits - Last 12 Months - -

Existing Home Closings

EXISTING (RESALE) HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $384,000 +6.7%
Average Price Per Square Foot $245.34 -3.9%
No. of Closings - Month 480 -43.3%
No. of Closings - Year-to-Date 2,586 -13.9%
No. of Closings - Last 12 Months 7,388 -3.7%
Bank Repossessions - Month 1 -91.7%
Bank Repossessions - Year-to-Date 26 -53.6%
Bank Repossessions - Last 12 Months 83 -57.7%