Inventory Falls Below 300

I had to take a screenshot of this, because it is the first time I recall seeing it. As of this moment, there are less than 300 homes (including single-family-residences, condos, and manufactured homes) actively on the market in the Reno-Sparks area (and that includes “coming soon” listings).

For single family homes, the total drops to 215.

It is not an overstatement to suggest that inventory in the Reno/Sparks real estate market is historically low. On this date last year, total inventory was at 889, and that was considered extremely low.