Washoe County Market Snapshot
As of December 2019

New Home Closings

NEW HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $437,241 -3.6%
Average Price Per Square Foot $219.23 -1.8%
No. of Closings - Month 140 +1.4%
No. of Closings - Last 12 Months 1,834 +2.6%
New Home Permits - Month - -
New Home Permits - Last 12 Months - -

Existing Home Closings

EXISTING (RESALE) HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $369,500 +11.7%
Average Price Per Square Foot $236.02 +6.7%
No. of Closings - Month 582 +10.6%
No. of Closings - Last 12 Months 7,806 +0.5%
Bank Repossessions - Month 10 -9.1%
Bank Repossessions - Last 12 Months 113 -38.6%