Reno Real Estate Market Report February 2019 | Nevada Homes for Sale

Reno Real Estate Market Report February 2019 | Nevada Homes for Sale


Hi everybody! I’m Philip Goodman. And I’m Tammy Hamilton and we are the Nevada Real Estate Group at Keller Williams
Group One, Inc in Reno Nevada and this is the February 2019 real estate market report. If you’re new to watching our market report videos, make sure to hit the subscribe button below us because we’re always coming out with new content.
Absolutely Tammy. Well let’s dive right into Market Insights and see what
happened in the month of February Actually this market report is gonna
turn into a weather report. Yeah pretty much. Alright let’s take a look at the
numbers. Here we are inside market insights for
the month of February 2019 and we are looking at single-family homes only in
the Reno area – no Sparks no Fernley no Carson City and Tammy if you could
describe the February market activity in a movie title what would that be?
February’s movie title would definitely be called “The Good, The Gad and The Snowy.” “The Good, The Gad and The Snowy.” Well what was good? Well the good was median sold price went up 1.3% from last year and the percent of asked received stayed
about the same. What was the bad? Well the bad was that
unit sold went down 27% from last year, new listings went down 30%
from last year, days to contract went up and inventory also went up. And we figure
this is a result of the very snowy February that we had in Northern Nevada.
Right. We had a lot of out-of-state buyers that just couldn’t make it over
the mountain and get into town to take a look at those houses. And all the sellers
that had their homes on the market before January or December couldn’t sell
their homes. Exactly well the good news to this funny movie title Tammy is that
the sequel is the market is starting to heat up. We do expect these numbers to change and we know they will. Our team alone right
now has 51 deals in contract. Right, it’s definitely warming up and March is
shaping up to be a big month. Here we are on our website seerenohomesforsale.com and our featured listing of the day is 2193 Tara Ridge Trail in Northwest
Reno and Tammy this is Kris Carrick’s listing on our team. A gorgeous property
that’s ready to move. Right this is at the Vue at Somerset so if you’ve ever
been up in that area and seen the amenities it’s incredible up there, not
to mention some of the views so with a security gate, clubhouse
hiking trails, biking trails, all the amenities it’s a great location for sure.
It’s a 3-bedroom 2bath almost 2,200 square feet and really nicely done on
the inside and outside. Right I love the curb appeal. On the outside it’s definitely one of the best color schemes in that
neighborhood. Really well kept nice and clean the inside is immaculate. You could
tell the owners really have taken great care of this property. Absolutely
Tammy I really like this island kitchen setup. Very functional lots of space to
work. Right. I love the appliances all stainless steel, granite countertops
really neutral colors throughout. So there’s your look back at the February
2019 market activity and our featured property of the month. Tammy I don’t
about you but I like the snow. I love the snow. I think it’s great and so do a lot
of people up here in Northern Nevada. This means that Diamond Peak and Mount Rose the slopes will be open for well into spring and the early parts of
summer. Right and it’ll be a little bit warmer out so you’re not having to
really bundle up and keep super warm. You can get out there and ski your snowboard
with maybe just a light jacket and your snowboard pants. And the wind is not
biting your face off right? Right. Well for more information about any of the
numbers that we’ve discussed or if you’re ready to make an appointment with
Tammy to go look at our featured property you can contact Tammy at the information you see in the description below this video. For Tammy Hamilton and the Nevada Real Estate Group at Keller Williams Group One Inc in Reno, Nevada I’m Phillip
Goodman and I’m Tammy Hamilton we’ll see you next time. you

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