Washoe County Market Snapshot
As of July 2020

New Home Closings

NEW HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $463,221 +1.7%
Average Price Per Square Foot $233.02 +9.2%
No. of Closings - Month 232 +50.6%
No. of Closings - Year-to-Date 1,210 +21.9%
No. of Closings - Last 12 Months 2,051 +12.8%
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 $417,000 +10.4%
Average Price Per Square Foot $276.51 +16.0%
No. of Closings - Month 914 +19.0%
No. of Closings - Year-to-Date 4,186 -7.0%
No. of Closings - Last 12 Months 7,491 -1.7%
Bank Repossessions - Month 1 -85.7%
Bank Repossessions - Year-to-Date 27 -64.9%
Bank Repossessions - Last 12 Months 63 -64.2%