Sparks, NV Real Estate News

By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
The Median Sales Price has Slowed From the Accelerated Pace Seen From January, 2013 Through May,  2013, but is Still up 24 Percent over February, 2013.   Reno-Sparks Homes Median Sales Price February, 2014 median home price was up 6.8% to $235,000 compared to $220,000 in January 2014 and up 23.6% compared to $190,100 in February, 2013. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Reno-Sparks Number of Homes Sold February, 2014 homes sold was up 7% to 375 compared to 350 in January, 2014 and down -11.1% compared to 422 in February 2013. Reno-Sparks New Listings February, 2014 new listings was up 7.9% to 548 compared to 508 in January, 2014 and up 13.2% compared to 484 in February 2...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
The Reno-Sparks, Nevada Real Estate Market has Returned to its Normal Seasonality of a Winter Slow Down With Sales Higher in the Spring and Summer Months.   Reno-Sparks Homes Median Sales Price December 2013 median home price was up 2.0% to $229,500 compared to $224,900 in November 2013 and up 23.1% compared to $186,500 in December 2012. Reno-Sparks Homes Sold December, 2013 homes sold was up 1.9% to 484 compared to 475 in November, 2013 and down 1.6% compared to 492 in December 2012. Reno-Sparks Homes New Listings December, 2013 new listings was down -42.9% to 275 compared to 482 in November, 2013 and down -10.1% compared to 306 in December 2012. Properties listed at under $250,000 made up 60% of new listings entering the market during the month of December, 2013. 29% of new December,...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
  August 2013 home sales were the highest number of sales than any other August in the history of NNRMLS! Reno-Sparks Median Home Price August 2013 median price was up 2.3% to $220,000 compared to $215,000 in July 2013 and up 25.4% compared to $175,000 in August 2012. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Reno-Sparks Number of Homes Sold August 2013 homes sold was up 4.6% to 608 compared to 581 in July, 2013 and up 13.4% compared to 526 in August 2012. Reno-Sparks New Listings August 2013 new listings were up 6.3% to 712 compared to 670 in July 2013 and up 16.2% compared to 613 in August 2012. Properties listed at under $250,000 made up 52% of new listings entering the marke...
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By Charlene Hamilton, Reno Relocation Real Estate
(Keller Williams Group One Reno)
Reno Rib Cookoff As the summer begins to wane, everyone is trying to get their last "hurrah" before fall begins.  What better way to say goodbye to summer than with the Reno Rib Cookoff?  With Labor Day weekend coming up, I'd say it's the perfect time to get your grill on! What: Best in the West Nugget Rib Cook-OffWhere: Victorian Square, Downtown SparksWhen: August 28th to September 2nd, 2013Times: Wednesday through Sunday: 11am to 9pm & Monday, 11am to 5pmAdmission/Parking: FREE Twenty-four of the best grillers in the country be competing at the Reno Rib Cookoff in downtown Sparks.  That gives you an opportunity to sample 24 different types of ribs.  Lip-smacking BBQ isn't the only thing on the menu, though.  Live musical entertainment will be performed throughout the entire six day e...
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By Terrie Leighton, Reno Real Estate Agent ~ Selling Homes in Reno
(Ferrari-Lund Real Estate )
Sparks Arts in Bloom Festival 2013 July 20, 2013Downtown Sparks ~ Victorian Avenue11:00 a.m. to 7:00 p.m. Spend the afternoon this Saturday with local and regional artists at the 11th Annual Sparks Arts in Bloom Festival! The City of Sparks invites you to experience arts in all forms as the regions best Artists and wineries gather at one venue! This all day free event is a perfect opportunity to experience Spark's beautiful tree-linded Victorian Square by strolling among artisans, shopping the regions impressive artwork, enjoying fine wine and live entertainment. There will be art for sale, a fashion show and plenty of food and drink. John Ascuaga's Nugget will host wine tasting with a commemorative glass with over 50 varieties of wine. The Sparks Arts in Bloom 2013 Art & Wine Festival ...
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By Terrie Leighton, Reno Real Estate Agent ~ Selling Homes in Reno
(Ferrari-Lund Real Estate )
Celebrate 4th of July at Victorian Square & The Sparks Marina! The City of Sparks is ready to help you celebrate the 4th with a fantastic fireworks show and lots of fun activities for the entire family to enjoy. If you missed last year’s celebration you are in for a treat this year. Many say the Star Spangled Sparks fireworks show is the best they have ever seen. Star Spangled Sparks kicks off at 6am at the Sparks Marina tomorrow! The fun continues at Victorian Square for the area’s longest fireworks display. With the popularity of this celebration you should plan ahead to arrive early and know where to park in advance. Here are some important road closures to be aware of: •Victorian Avenue will close between Pyramid Way and 14th Street at 8 p.m.•C Street westbound from Pyramid will be ...
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By Charlene Hamilton, Reno Relocation Real Estate
(Keller Williams Group One Reno)
The weather's warming up.  Wake up the Harley, strap on your leathers and head out on the open road.  It's almost time for the 5th Annual Street Vibrations Street Rally in Sparks! This weekend, June 7th through the 9th, the Johan Ascuaga's West Special Events Plaza in Sparks will be hosting their mini-Street Vibrations extravaganza.  More than 80 vendors will be on hand with the latest and greatest in motorcycle gear and accessories.  Included in the weekend's entertainment will be live music, bike games, poker runs, competition ride-in shows, a go-go bar, stunt shows and much, much more.  The headliners for the Rally's Main Outdoor Stage are Adrenaline on Friday, Rockin' Down the Highway and the Jason King Band on Saturday and the Rick Hammond Blues Band and Nevada Hazzurd on Sunday (c...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Reno and Sparks Nevada, Homes and Real Estate Report, your guide to buying or selling a home.   Summary The lack of inventory, along with strong buyer demand for homes continues to push median price up month-over-month. Even with rising median prices, home ownership remains at affordable levels for buyers with a steady income, a reasonable down payment and good credit. Reno Sparks Median Home Price March 2013 median price was up 2.6% to $195,000 compared to $190,100 in February 2013 and up 30.1% compared to $149,900 in March 2012. Median price is defined as the mid-point where for the time period identified, the price for one-half of the sales are higher and one-half are lower. Reno Sparks Homes Sold March 2013 homes sold was up 14.8% to 480 compared to 418 in February 2013 and down -1...
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By Terrie Leighton, Reno Real Estate Agent ~ Selling Homes in Reno
(Ferrari-Lund Real Estate )
Wild Island Family Adventure Park is hosting a job fair later this week for seasonal and entry level positions. The job fair is scheduled Saturday from 10am-4pm at the Wild Island Waterpark and Sunday from 4pm to 8pm at the Mini Golf and Go-Kart Building, both located at 250 Wild Island Circle in Sparks, NV. There is plenty of parking for both areas.  The park is hiring for all departments including Coconut Bowl and Wild Island Waterpark. Jobs include food and beverage, cashiers, lifeguards, operational services, golf and raceway. Wild Island has always been a great place for teenagers to work during summer months. If you live in Sparks, NV and have teenagers, then you already know what a great opportunity this is to keep your kids busy while earning at the same time! Don't miss out on ...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Reno Sparks Median Home Price Rises 23%. Your Guide to Buying or Selling a Home in Reno Sparks Nevada! Summary Although we are experiencing a limited supply of homes for sale, we saw very little change from the number of homes sold in November 2012 versus November 2011. We also are continuing to see the demand for homes on the rise as shown in the increase in median home price by 23 percent from November 2011 to the current level of $182,500. The high demand also continues to put pressure on the inventory of available homes for sale. Reno Sparks Homes Median Sales Price November 2012 median price was up .4% to $182,500 compared to $181,500 in October 2012 and up 22.5% compared to $149,012 in November 2011. Median price is defined as the mid-point, where, for the time period identified,...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Your Guide to Buying or Selling a Home in Reno. Sparks, Nevada Summary As we approach the end of 2012, we are continuing to see a year-over-year increase in the number of traditional existing home sales versus short sale or bank owned home sales. Reno Sparks Median Home Sales Price October 2012 median price was up 3.0% to $181,750 compared to $176,500 in September 2012 and up 22.8% compared to $148,000 in October 2011. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Reno Sparks Homes Sold October ended the month with 522 sold transactions, up 11.1% from the prior month and up 5.0% from the same period last year. Reno Sparks Homes Supply of Inventory (Unsold Inventory divided by Sales...
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By Lisa Wetzel, CDPE, SFR carsonvalleyland.com
(RE/MAX Realty Affiliates)
  Northern Nevada Real Estate Lisa Wetzel and Jim Valentine   RE/MAX Realty Affiliates  Gardnerville, Nevada    Northern Nevada Real Estate ... Think Of Selling When Buying   You've negotiated a great price on a home and you're ready to buy. It has everything you want right now in a home, but is it a good investment? To be a good investment, it should not only serve your wants and needs well while you live in it, but it should also be something that makes financial sense when you sell. As you find and buy a home you should always think about how you are going to get out of it. Will it be relatively easy to sell when you are ready to sell it?   Regardless of your intended holding period, it is very important to analyze the salability of your home before you buy it. Many folks retiring to...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
  Looking to buy or sell a home in Reno or Sparks?  Here is the latest real estate market information.   Summary With the volume of sales and pending sales, we have been depleting the available existing inventory. It's normal to see a downturn in home sales after the school year starts, but the drop in sales is also impacted by the low inventory. Reno Sparks Homes Median Sales Price September 2012 median price was up 1.7% to $178,000 compared to $175,000 in August 2012 and up 19.5%. Median price is defined as the mid-point where for the time period identified, the price for one-half of the sales are higher and one-half are lower. Reno Sparks Homes Sold September ended the month with 463 sold transactions, down 12.5% from the prior month and down 19.5% from the same period last year. Re...
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By Charlene Hamilton, Reno Relocation Real Estate
(Keller Williams Group One Reno)
The chill in the air this month isn't just from the weather.  It's Halloween!  For the first time ever, Sparks will be celebrating the season with its PumpkinPalooza 2012 near Reno.  And, to top it off, proceeds from this event will benefit the local Northern Nevada Center for Independent Living. On October 21st, from 12pm to 7pm, Victorian Square will host a celebration of all things pumpkin.  For just $20, participants can build and race their very own pumpkin in the Pumpkin Derby (click here for registration form).  There will be lots of fun contests, like pie-eating, pumpkin seed spitting and even a mummy-wrapping contest.  Professional pumpkin carvers will be on-site showing off their skills in a live demonstration.  Live music, carnival rides, a fortune teller, a ghost train and s...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Reno Sparks Homes and Real Estate Market Report, Your Guide to Buying and Selling a Home in Reno Sparks!   Reno Sparks Homes Median Sales Price August 2012 median price was up 6% to $175,000 compared to $165,000 in July 2012 and up 13.6% from August 2011. Median price is defined as the mid-point, where, for the time period identified, the price for one-half of the sales are higher and one-half are lower. Reno Sparks Number of Homes Sold August ended the month with 517 sold transactions, up 1.6% from the prior month and down 6.8% from the same period last year. August 2012 sales are the third highest August in history. Reno Sparks Homes New Listings 595 new listings were taken in August compared to 649 in July, an 8.3% decrease from the prior month and a 19.7% decrease from August 2011....
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By Terrie Leighton, Reno Real Estate Agent ~ Selling Homes in Reno
(Ferrari-Lund Real Estate )
Sparks Single Family Home For Sale Overview Maps Photos Features $184,000 Single Family Home Main Features 3 Bedrooms2 Bathrooms1 Partial BathroomInterior: 1,885 sqftLot: 0.18 acre(s) Location 2481 Libero DriveSparks, NV 89436USA To get updates on open home dates and other property events, please click the "Like" button below: Terrie Leighton Ferrari-Lund Real Estate(775) 846-5424Terrie@Terrieleighton.comhttp://www.terrieleighton.com        Listed by: Ferrari-Lund Real Estate Our recent listings Sparks Single Family Home For SaleSingle Family Sparks Home For SaleLot 623 ~ 7595 Crest Bluff Court Reno NVLot 628 ~ 7545 Crest Bluff Court Reno NVWaterfront Home For Sale in Reno Subscribe to our listing feed Nearby properties for sale
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By Rob Ernst, Reno, NV-775-410-4286 Inspector & Energy Auditor
(Certified Structure Inspector)
One of the great things to become available recently in Reno Real Estate is the Home At Last program offered by the Nevada Rural Housing Authority. This program allows people that might not have been about to get into a house previously. The program has down payment grants and competitive mortgages. This is offered throughout the state except Las Vegas, Reno, Henderson, and North Las Vegas and the home has to be under $400,000. The best part of this program is that it can be used with an Energy Efficient Mortgage. This is an easy to obtain add on that will allow the buyer to finance improvements into the home at the time of purchase. Since most people can’t afford to put allot of money into the home after the purchase this is a great option. The house will need an Nevada Licensed Energy...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Reno Sparks Short Sales Alert!   Twice this week, I have been informed that the short sale lender wants more money than the short sale contract price. Not just a little more, but more than $10,000! As real estate agents we price our listings according to the recent market sales and should put in a little extra to keep up with the increasing values during the process. Apparently, the lenders are taking the market activity and increased values too seriously. I have the buyer on one that the listingagent listed for $128,500 and the recent comps still support that price even though it has been on the market for two months. The negotiator wanted $141,000 and there are no comps to support that price. The other is my listing, that has some issues with condition and lot size. This time Fannie ...
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By Terrie Leighton, Reno Real Estate Agent ~ Selling Homes in Reno
(Ferrari-Lund Real Estate )
Single Family Sparks Home For Sale Overview Maps Photos Features Description $135,000 Single Family Home Main Features 4 Bedrooms2 BathroomsInterior: 1,436 sqft Location 535 Gregory WaySparks, NV 89431USA To get updates on open home dates and other property events, please click the "Like" button below: Terrie Leighton Ferrari-Lund Real Estate(775) 846-5424Terrie@Terrieleighton.comhttp://www.terrieleighton.com        Listed by: Ferrari-Lund Real Estate Our recent listings Single Family Sparks Home For SaleSingle Family Sparks Home For SaleLot 623 ~ 7595 Crest Bluff Court Reno NVLot 628 ~ 7545 Crest Bluff Court Reno NVWaterfront Home For Sale in Reno Subscribe to our listing feed Nearby properties for sale
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI,CDPE, PSA, SFR
(RE/MAX 4000)
Homeowners who are thinking of selling their Reno/Sparks home, now is a good time with the shortage of inventory and rising prices! Reno Sparks Homes Median Sales Price July 2012 median price was down 3% to $165,000 compared to $170,000 in June 2012 and up 10% from July 2011 Median price is defined as the mid-point, where for the time period identified, the price for one-half of the sales are higher and one-half are lower. Reno Sparks Homes Sold July ended the month with 501 sold transactions, down 2.5% from the prior month and down 2.7% from the same period last year. July 2012 sales are the fifth highest July in history. Reno Sparks Homes New Listings 640 new listings were taken in July compared to 652 in June, a 1.8% decrease and a 8.4% decrease from July 2011. Properties listed at ...
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