Washoe County Market Snapshot
As of April 2020

New Home Closings

NEW HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $500,849 +8.4%
Average Price Per Square Foot $240.85 +10.6%
No. of Closings - Month 168 +11.3%
No. of Closings - Year-to-Date 659 +25.0%
No. of Closings - Last 12 Months 1,966 +8.6%
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 $380,000 +10.5%
Average Price Per Square Foot $235.40 +2.4%
No. of Closings - Month 479 -30.5%
No. of Closings - Year-to-Date 2,106 -2.4%
No. of Closings - Last 12 Months 7,755 +2.1%
Bank Repossessions - Month 1 -88.9%
Bank Repossessions - Year-to-Date 25 -43.2%
Bank Repossessions - Last 12 Months 94 -51.5%