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Hello!

 

Are you interested in the Arrow Creek real estate market? Then this page is for you. Grab yourself a cup of your favorite beverage and get comfy. I’m about to show you what’s happening in Arrow Creek: median price, supply and demand. Once you get a sense of it, we can drive up there together to see the place in person.

Buying a home is serious business. Often it’s the biggest financial investment of your life. So let’s get straight to the point.

(CLICK ON IMAGE TO ENLARGE)

ArrowCreek Home values

Give or take, there are about 100 50 homes to choose from in the Arrow Creek area (Reno South-Suburban, MLS area 165). The current estimated median homes value is $702,560. The current highest price is just under $2 Million (10401 Copper Cloud Dr.).

Since 2011, the Arrowcreek housing market has fully recovered and more — home values are up 12% since 2013.

Here’s what’s happening in the Arrow Creek real estate market:

Median Sales Price vs. Sales Volume

Sales price of homes in ArrowCreek

Clearly, home prices in ArrowCreek is on its way up. I was their a few days ago, and you can smell the recovery in the air. One of the big things that’s driving the prices up is the limited inventory, especially in lower price range.

 

Interested in ArrowCreek? Consult with local expert today (775-561-4000)…for a no hassle, no pressure,  phone conversation about available ArrowCreek properties.

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ArrowCreek Median Listing Price vs. Listing Volume

ArrowCreek Homes Median Listing Price

ArrowCreek Price Range of Homes Sold & Price Per Square Foot of Homes Sold

ArrowCreek Homes Price Per Square Feet

ArrowCreek Size of Homes Sold

ArrowCreek Size of Homes Sold

ArrowCreek Age of Homes Sold

ArrowCreek Age of Homes Sold

ArrowCreek Number of Bedrooms Sold

ArrowCreed Number of Bedrooms

Median Homes Price Sold 2011 – 2013:

arrowSOLD2014

Home prices at Arrow Creek have increased 33.4% from 2011-2013 after plummeting 40.7% from 2008-2010. Two years ago, the median price sold in Arrow Creek home was $433,750. Today, it’s $578,412.

–2013–

Dec 2013: $578,412

Nov 2013: $538,000

Oct 2013: $500,000

Sept 2013: $539,000

Aug 2013: $535,855

Jul 2013: $532,900

–2012–

Oct 2012: $385,800

Sept 2012: $400,000

Aug 2012: $375,000

Jul 2012: $375,000

–2011–

Dec 2011: $433,750

–2010–

Oct 2010: $365,000

Sept 2010: $510,000

Aug 2010: $453,000

Jul 2010: $470,000

VS.

–2008

Oct 2008: $616,000

Nov 2008: $601,400

Dec 2008: $575,000

Jan 2009: $640,000

 

Arrow Creek Homes Supply 2011 – 2013:

arrowFS2014

 

Arrow Creek Homes Supply 2008 – 2010:

Arrow Creek Homes Supply 2008-2010 Arrow Creek Number of Homes For Sale 2008-2010

(2014) Declining inventory of homes in ArrowCreek. December 2011: 124;  December 2013: 77.  Homeowners in ArrowCreek  have never felt this good since 2006.

(2010)Sellers lack confidence in the real estate market in Arrow Creek, as evidenced by the steady decline since 2008. In October 2008, 244 homes were listed for sale. Today, it’s 146.

Many wait for the market to bottom out. This may become a self-fulfilling hope, because the market will bottom out when demand consistently exhausts supply.

–2013–

Dec 2013:  77 homes

Nov 2013: 87

Oct 2013: 103

Sept 2013: 105

Aug 2013: 113

Jul 2013: 120

–2012–

Dec 2012:  79 homes

Nov 2012: 91

Oct 2012: 114

Sept 2012: 126

Aug 2012: 125

Jul 2012: 124

–2011–

Dec 2011: 124

–2010–

Oct 2010: 146

Sept 2010: 164

Aug 2010: 167

Jul 2010: 164

VS.

–2008–

Oct 2008: 244

Nov 2008: 232

Dec 2008: 225

Jan 2009: 218

 

Arrow Creek Homes Demand 2011 – 2013:

arrowSOLDunits2014

Arrow Creek Homes Demand 2008 – 2010:

 

Arrow Creek Real Estate Demand 2008-2010 Demand of Homes in Arrow Creek 2008-2010

(2014) Demand has steadily gone up  the last 2 years.

(2010)Demand has gone up 66.7% from the same month two years ago.

–2013–

Dec 2013:  18 homes

Nov 2013: 25

Oct 2013:  21

Sept 2013: 23

Aug 2013: 34

Jul 2013: 24

–2012–

Dec 2012:  28 homes

Nov 2012: 21

Oct 2012:  23

Sept 2012: 19

Aug 2012: 21

Jul 2012: 21

–2011–

Dec 2011:  20 homes

 

–2010–

Oct 2010: 15

Sept 2010: 13

Aug 2010: 16

Jul 2010: 15

VS.

–2008–

Oct 2008: 9

Nov 2008: 9

Dec 2008: 5

Jan 2009: 5

Additional Reading:

 

 

Interested in ArrowCreek? Consult with a local expert today (775-561-4000)…for a no hassle, no pressure, 

phoneconversation about available ArrowCreek properties.

 

Kind Regards,
-Farmer & Josh

Email Farmer: farmer@gentlemanwithbrains.com
Email Josh: jtalayka@chaseinternational.com
Direct: 775-561-4000

 

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