SNR Reports September Housing Numbers

Sierra Nevada Realtors (SNR) released its September 2024 report on existing home sales across Lyon, Storey, Carson City, Douglas, Churchill, and Washoe Counties, revealing changes in sales and median prices.

In Lyon County, 112 existing single-family homes and manufactured properties sold, a 6.7 percent decrease from last month but a 47.4 percent increase from last year. The median sales price for these properties rose to $400,000, up 1.5 percent from last month and 2.8 percent from the previous year.

Storey County recorded two sales of existing single-family homes, doubling from the previous month and last year. The median sales price for these homes was $360,000, a 26.5 percent drop from last month and a 4 percent decrease from last year.

In Carson City, 59 existing single-family homes sold, an 18.1 percent decline from August but a slight increase of 1.7 percent compared to September 2023. The median sales price fell to $534,950, a 0.5 percent decrease from last month and 7 percent lower than last year. Active inventory in the city was 171, down 11.9 percent from last month and 7.6 percent from last year.

Douglas County reported 57 sales of existing single-family homes, a 1.8 percent increase from the previous month but a 6.6 percent decrease from last year. The median sales price dropped to $720,000, down 13.8 percent from last month and 5.2 percent from the previous year.

Churchill County saw 12 sales of existing single-family homes, a steep 53.8 percent decline from the previous month and a 20 percent drop from last year. The median sales price was $382,250, a 4.4 percent decrease from last month but 6.2 percent higher than last year.

Washoe County, excluding Incline Village, had 620 new listings and 496 closed sales in September. The median sales price was $587,500, a 3.7 percent decrease from the previous month but a 4.4 percent increase from last year. Active inventory was 1,760, a slight 0.5 percent decrease from last month but a 15 percent increase from the previous year.