Fallon, Nevada Real Estate MLS Statistics for April 2009

By
Real Estate Agent with RE/MAX Authority

For the month of April 2009, Fallon had 13 sales (14 in March) so things are still moving. Of the 13 sales all were stick built homes.  Six were bank-owned, the rest were regular owner sales.

List price high    $399,900    Low   $40,000    Average $143,084

Sold price high   $335,000    Low   $45,500    Average $132,873  Average days on market 107

 

May starts off with 233 listings, 183 stick built and 50 manufactured homes.

Stick built homes, 29 are bank-owned, 15 are short sales

List price high     $729,500    Low  $19,900     Average $234,562  Avg. $124 per sq.ft. Avg. 187 days

Manufactured homes:

List price high     $274,000    Low   $69,900    Average $151,201  Avg. $96 per sq.ft. Avg. 216 days

 

If you are thinking of purchasing a home, don't forget about the USDA Nevada Rural Bond Program that is no down payment.  The First-Time Home Buyer Tax Credit of $8000 is in effect until 12/31/09.  If you don't owe any taxes and are due a refund, the tax credit is added to your refund.

Call Sandra at (775) 287-8222 for more information or visit www.SoldOnFernley.com

(Every attempt has been made to provide factual information, please consult a professional lender or tax advisor).

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I am Sandra Mathewson, a full-time Realtor working both as a listing agent and a buyer's agent. I love using the internet to meet people and keep in touch with friends and clients. I write this blog to show you why Reno, Sparks and Fernley real estate is truly something to be desired.

Whether you are considering buying or selling, you can visit me at my Reno, Sparks, Fernley homes for sale website. You will find my website as your best online source of information. How is the market doing? I'll keep you posted with the most current MLS reports. You can also search for homes for sale in Reno NV (including Sparks, Fernley and surrounding areas). Read about the communities, events and things to do around Reno NV in this great Northern Nevada Lifestyle.

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Location:
Nevada Churchill County Fallon
Tags:
fallon nevada
first time home buyer tax credit
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usda nevada bond program
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Ambassador
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Terrie Leighton
Reno Real Estate Agent
Ferrari-Lund ~ Reno's Premier Real Estate Company

From your statistics Sandra, it looks like the average home price of a single family in Fallon is still quite affordable. I hope your May market report shows a lot of great activity as well.

May 24, 2009 09:59 AM
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Rainmaker
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Sandra Mathewson

RE/MAX Premier Realtor
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