April median home sales price drops below $500K in Carson City; Douglas up 12% at $661K
Submitted by Jeff Munson on Wed, 05/15/2024 - 11:25am
Sierra Nevada Realtors this week released its April 2024 report on existing home sales in Carson City, Lyon, Douglas, Storey, Washoe and Churchill counties. This report includes the median sales price and number of home sales in the region. SNR obtains its information from the Northern Nevada Regional Multiple Listing Service.
April Market Highlights:
The median home price across the six counties (Washoe, Storey, Lyon, Douglas, and Churchill counties, along with Carson City) for April was $535,000, an increase of 1% from the previous month.
Single-family home prices are up in all six regions compared to this time last year.
The number of listings has increased from last month in all regions except Storey County.
“As we transition from Spring to Summer months, it is evident that the local housing market is heating up,” said SNR president Robert Bartshe. “Home prices have increased from this time last year, however it is a great time to enter the market. We encourage individuals considering real estate transactions to seek guidance from a local agent for informed decision-making in this dynamic market environment.”
For more market insights, click here.
For 2024, it’s important to know that members of the Sierra Nevada Realtors can help buyers and sellers learn what programs might be right for them. More information, divided by county, is provided below. Sales numbers in Washoe, Storey, Douglas, and Churchill counties, along with Carson City, are for existing “stick-built, single-family dwellings” only and do not include condominiums, townhomes, manufactured, modular or newly constructed homes unless otherwise stated. Sales numbers for Lyon County include existing “stick-built, single-family dwellings” only and do not include condominiums or townhomes, however, it does include manufactured homes.
Note: These numbers reflect the statistics from May 6, 2024 and are most accurate due to the portal numbers not locking. For the most updated statistics, please contact SNR.
Carson City
In April 2024, Carson City had 51 sales of existing single-family homes, a 10.9% increase from the previous month and from last year.
The median sales price for an existing single-family residence was $495,000, a decrease of 12.8% from the previous month and an increase of 3.8% from the previous year.
The existing condominium/townhome median sales price in April 2024 was $424,000, an increase of 32.5% from last year.
Lyon County (Includes manufactured and single-family residences)
In April 2024, Lyon County had 90 sales of existing single-family homes and manufactured properties, a decrease of 17.4% from the previous month and a decrease of 8.2% from last year.
The median sales price for existing manufactured and single-family residences were $380,500, a decrease of 3.5% from last month and an increase of 8.7% from the previous year.
Douglas County
In April 2024, Douglas County had 61 sales of existing single-family homes, an increase of 35.6% from the previous month and a decrease of 7.6% from last year.
The median sales price for an existing single-family residence was $661,000, an increase of 12% from the previous month and an increase of 27.1% from last year.
Storey County
In April 2024, Storey County had 4 sales of existing single-family homes, down 20% from the previous month and up 33.3% from last year.
The median sales price for an existing single-family residence was $595,000, an increase of 8.2% from the previous month and an increase of 42% from last year.
Washoe County (Excluding Incline Village)
In April 2024, Washoe County, excluding the area of Incline Village, saw 499 new listings and 373 closed sales.
The median sales price for an existing single-family residence in Washoe County was $565,000, a decrease of 1.7% from the previous month and an increase of 4.6% from last year.
The median sales price of an existing condominium/townhome in Washoe County in April 2024 was $365,820, 16.1% up from last year.
Churchill County
In April 2024, Churchill County had 23 sales of existing single-family homes, a decrease of 8% from the previous month and a decrease of 14.8% from last year.
The median sales price for an existing single-family residence was $385,000, an increase of 5.5% from the previous month and up 13.9% from last year.
Sierra Nevada Realtors is a realtor association serving six northern Nevada counties including Carson City, Churchill, Douglas, Lyon, and Washoe counties. The unified Sierra Nevada Realtors is a leading voice on the residential housing market in northern Nevada and nationally, representing more than 3,700 members.
