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ArrowCreek Housing Market Update: Jan 2013

by admin on February 26, 2013

Market Update on ArrowCreek Reno NV
Housing Market Update January 2013

 

In my last post the market had taken a dramatic change, huge demand, limited supply and that trend has seemed to stick and become more dramatic. If you take a peek at the graph just below the line is steadily going up, yeah that’s the demand. January 2011, 7 homes sold; January 2011, 13 homes sold; January 2013, 21 homes sold– that is a solid, steady increase.

Now lets look at inventory. January 2012, 132 homes for sale and pending, January 2013, 70. That is a 46.96 decrease in homes…almost half!

Lastly, median price sold. This one is much less cut and dry. This graph has an up and down curve but, the current trend is rising, but overall pretty stable.

That being said, if you’re in the market for a home, now may be the time because inventory is most definitely decreasing and it is already hard to find exactly what your looking for in your price range.

ArrowCreek Homes Sold

January 2013: 21

December 2012: 28

November 2012: 21

October 2012: 23

September 2012: 19

August 2012: 21

July 2012: 21

Jun 2012:  21

May 2012: 27

Apr 2012:  20

Mar 2012: 19

Feb 2012: 11

Jan 2012: 13

Dec 2011: 20

Nov 2011: 7

Oct 2011: 18

Sep 2011:  13

Aug 2011:  14

Jul 2011: 17

Jun 2011: 18

May 2011: 10

Apr 2011: 13

Mar 2011: 15

Feb 2011: 12

Jan 2011: 7

Dec 2010: 9

Nov 2010: 18

Oct 2010: 15

Sep 2010: 13

Aug 2010: 16

Jul 2010: 15

Jun 2010: 22

 

ArrowCreek Homes Supply

January 2013: 70

December 2012: 73

November 2012: 89

October 2012: 113

September 2012: 123

August 2012: 124

July 2012: 123

Jun 2012:  118

May 2012: 119

Apr 2012: 121

Mar 2012: 123

Feb 2012: 118

Jan 2012: 132

Dec 2011: 124

Nov 2011: 135

Oct 2011: 150

Sep 2011: 159

Aug 2011:  161

Jul 2011: 153

Jun 2011: 153

May 2011: 141

Apr 2011: 137

Mar 2011: 125

Feb 2011: 132

Jan 2011: 139

Dec 2010: 136

Nov 2010: 140

Oct 2010: 155

Sep 2010: 163

Aug 2010: 165

Jul 2010: 161

Jun 2010: 162

 

ArrowCreek Median Home Price Sold

real estate report arrow creek

January 2013: $448,000

December 2012: $483,750

November 2012: $417,700

October 2012: $385,800

September 2012: $400,000

August 2012: $375,000

July 2012: $375,000

Jun 2012: $554,500

May 2012: $549,900

Apr 2012: $549,900

Mar 2012: $500,000

Feb 2012: $487,450

Jan 2012: $489,900

Dec 2011: $519,00

Nov 2011: $522,950

Oct 2011: $520,975

Sep 2011: $519,000

Aug 2011: $522,950

Jul 2011: $534,900

Jun 2011:  $529,000

May 2011: $499,900

Apr 2011: $530,000

Mar 2011: $550,000

Feb 2011: $547,000

Jan 2011: $532,000

Dec 2010: $549,000

Nov 2010: $552,450

Oct 2010: $599,000

Sep 2010: $599,000

Aug 2010: $599,000

Jul 2010: $584,900

Jun 2010: $572,000

 

 

 

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