As prices soar upwards, it is good to have a baseline of where things were in 2020. Linked below are my January and February blog posts itemizing the sales prices for all new construction projects (excluding single spec or custom homes) in the Reno/Sparks real estate market in 2020. It is pretty dense data, so if nobody is interested in reading it, that is okay. I do these kinds of projects mostly for my own market understanding and future reference, but since I worked hard to compile it, I figure I might as well share it with others.
Because this is new construction with build times sometimes exceeding 12 months, many of the purchase prices reflected in the data were actually negotiated in 2019. This data is drawn from the Washoe County Assessor. Assessor data always needs to be cleaned up a little and I have worked hard to do so, but if there is anything it appears I missed, let me know.
Toll Brothers
