Sparks Single family Residence Sales: 2006 VS 2007
SPARKS New & Existing Home Sales 2006 VS 2007 |
Month |
2006 |
2007 |
Percent Change (# of sales) |
January |
129 |
104 |
-19.4% |
February |
135 |
119 |
-11.9% |
March |
208 |
152 |
-26.9% |
April |
221 |
131 |
-40.7% |
May |
176 |
158 |
-10.2% |
Source: Washoe County Assessor
Highlights: Between Jan-May 2006 and Jan-May of 2007, the Sparks Single family residence sales was down on average -21.82% (add the 5 months together and divided it by 5) while Reno fell by an average of -26.48% in the same time period. All this time I thought Reno was holding up better than Sparks. I am wrong- if I was to base it on this data.
Observations/ Comments:
The Sparks market compared to the Reno market has significantly lower inventory of homes.
We are experiencing fewer home sales in the Sparks area compared to last year(2006)
Your thoughts? (2)
Leave a comment
| Customer Service: | 775-338-7653 | Email: | jsalcedo@chaseinternational.com |
| Office Address: | 985 Damonte Ranch Pkwy. Ste. 110 Reno, NV 89521 |
Disclaimer: All information in this Blog are deemed reliable but not guaranteed. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions."
Sorry but i hate reading/interpreting graphs. After posting these graphs, can i expect for some explanations or simple discussions regarding what the graph is trying to tell us?
Chesty,
Good suggestion. I will be doing that in my next posts that contains graphs. I am continually looking for ways to better explain complicated/technical terms so that people can better profit from the lessons presented by the graphs/figures. Any suggestions?