Washoe County Market Snapshot
As of May 2019

New Home Closings

NEW HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $445,000 +6.0%
Average Price Per Square Foot $214.82 +0.5%
No. of Closings - Month 165 -2.4%
No. of Closings - Year-to-Date 692 +2.8%
No. of Closings - Last 12 Months 1,807 +11.8%
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 $360,000 4.2%
Average Price Per Square Foot $255.30 +11.1%
No. of Closings - Month 847 +9.6%
No. of Closings - Year-to-Date 3,004 -3.2%
No. of Closings - Last 12 Months 7,673 -11.9%
Bank Repossessions - Month 12 +20.0%
Bank Repossessions - Year-to-Date 56 +27.3%
Bank Repossessions - Last 12 Months 196 +46.3%