For Buyers: The Hottest Area Codes in Reno

I started my Monday with this question in mind: 

What is the leading area in Reno? And I need solid evidence to back it up. 

Answer:  It depends

Here are the winners.

For Median Sales Price:  Caughlin Ranch  (Reno-West Southwest, MLS area code 161)

(graph shown)

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For Percent Growth-$ Volume: Verdi (MLS area code 124)

(graph shown)

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For Percent Growth- Units: Verdi (MLS area code 124)

(graph shown)

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*note: It is important to know that Verdi is not a large pool (1-3 closings/month, 20-30 homes for sale on average)

Buyers, these areas could be a good starting point for your home searching.  I just checked some listings at or near Caughlin Ranch(area 161):

Prices range from $280,000 to $3,595,000

1. 200 Brooktrail Dr.1,498 Sq. Ft., $280,000

2.  1263 Creek Haven Cir. 1,588 Sq. Ft., $299,900

3. 4805 Turning Leaf,2,465 Sq. Ft., $499,000

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       Interested in learning more about the other areas in the Reno market?
     Call Joe for a No Hassle-No Pressure-Phone meeting 775-338-7653

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Comments

[real estate portal]

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[Edrick]

Hey Joe,

How does the cities in Sparks look?
Would you make a report on it too?
thanks a lot