Reno's Existing Home Market Improved in 2012 - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Reno's Existing Home Market Improved in 2012

Posted: Updated:

RENO, Nev. (AP) -- The Reno area's existing home market had a better year in 2012. 

A report released Wednesday by the Reno/Sparks Association of Realtors shows sales of existing homes in Washoe County totaled 6,132 last year. That represents a 4 percent increase over 2011. 

The Reno Gazette-Journal reports the median sales price in the county also rose about 7 percent to $165,000. 

The city of Reno recorded 4,153 sales of single-family dwellings, which was 5 percent more than 2011. Meanwhile, the median sales price rose 8 percent to $170,000. 

The same amount of homes was sold in Sparks as the previous year, 1,888, but the median price rose 9 percent to $160,000. 

Association President Helen Graham says such gains in prices haven't been seen in more than eight years.

  • Today's Top StoriesMore>>

  • Standoff on Valley Road

    Standoff on Valley Road

    Reno Police say a standoff closed a portion of Valley Road late Saturday evening after a man barricaded himself inside a home.According to officers, police were called to an apartment in the 1700 block of Valley Road at around 8 p.m. on reports of a dispute. When they arrived a man barricaded himself inside the apartment and refused to leave. Police say it became apparent that the man was armed, and police surrounded the home, closing off a portion of Valley Road and asking other residents of...More >>
    Reno Police say a standoff closed a portion of Valley Road late Saturday evening after a man barricaded himself inside a home.According to officers, police were called to an apartment in the 1700 block of Valley Road at around 8 p.m. on reports of a dispute. When they arrived a man barricaded himself inside the apartment and refused to leave. Police say it became apparent that the man was armed, and police surrounded the home, closing off a portion of Valley Road and asking other residents of...More >>
  • Easter Weekend Celebrations

    Easter Weekend Celebrations

    Saturday, April 19 2014 10:33 PM EDT2014-04-20 02:33:40 GMT
    The Boys and Girls Club held an Easter egg hunt Saturday in Sun Valley. More >>
    The Boys and Girls Club held an Easter egg hunt Saturday in Sun Valley. More >>
  • Confirmed Death Toll Climbs to 46; About 270 Missing in Ferry Crash

    Confirmed Death Toll Climbs to 46; About 270 Missing in Ferry Crash

    The number of confirmed dead in the South Korean ferry disaster has risen to 46, with some 270 still missing.More >>
    The number of confirmed dead in the South Korean ferry disaster has risen to 46, with some 270 still missing.More >>
  • Most Popular StoriesMost Popular StoriesMore>>

  • Standoff on Valley Road

    Standoff on Valley Road

    Reno Police say a standoff closed a portion of Valley Road late Saturday evening after a man barricaded himself inside a home.According to officers, police were called to an apartment in the 1700 block of Valley Road at around 8 p.m. on reports of a dispute. When they arrived a man barricaded himself inside the apartment and refused to leave. Police say it became apparent that the man was armed, and police surrounded the home, closing off a portion of Valley Road and asking other residents of...More >>
    Reno Police say a standoff closed a portion of Valley Road late Saturday evening after a man barricaded himself inside a home.According to officers, police were called to an apartment in the 1700 block of Valley Road at around 8 p.m. on reports of a dispute. When they arrived a man barricaded himself inside the apartment and refused to leave. Police say it became apparent that the man was armed, and police surrounded the home, closing off a portion of Valley Road and asking other residents of...More >>
  • Ohio couple married 70 years die 15 hours apart

    Ohio couple married 70 years die 15 hours apart

    Saturday, April 19 2014 4:02 PM EDT2014-04-19 20:02:08 GMT
    A couple who held hands at breakfast every morning even after 70 years of marriage have died 15 hours apart.More >>
    A couple who held hands at breakfast every morning even after 70 years of marriage have died 15 hours apart.More >>
  • Easter Egg Hunts, Church Services This Weekend

    Easter Egg Hunts, Church Services This Weekend

    Saturday, April 19 2014 7:12 PM EDT2014-04-19 23:12:17 GMT
    Lots of area events are scheduled for this Easter holiday weekend. Here is a list that will be updated frequently.More >>
    Lots of area events are scheduled for this Easter holiday weekend. Here is a list that will be updated frequently.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.