Washoe County Market Snapshot
As of February 2020

New Home Closings

NEW HOME MARKET SNAPSHOT Value Annual Growth
Median Home Price $430,646 -8.0%
Average Price Per Square Foot $213.11 -2.2%
No. of Closings - Month 150 +40.2%
No. of Closings - Year-to-Date 296 +32.1%
No. of Closings - Last 12 Months 1,906 +8.5%
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 $364,875 +4.9%
Average Price Per Square Foot $253.93 +13.0%
No. of Closings - Month 542 +24.6%
No. of Closings - Year-to-Date 1,023 +16.1%
No. of Closings - Last 12 Months 7,948 +5.2%
Bank Repossessions - Month 7 -36.4%
Bank Repossessions - Year-to-Date 15 -40.0%
Bank Repossessions - Last 12 Months 103 -47.4%