The Reno-Sparks market showed improvement for the second month in a row. Sales increased and the number of months of inventory on the market decreased. Although we typically see a surge in new listings at this time of year many would be sellers are recognizing that this is a "need to sell" market verses a "want to sell" market and holding off putting their homes on the market. Therefore we only saw a very small increase in the amount of inventory.
We still have a long way to go....Sales volume was down about 34.5% from last March. But we are headed in the right direction. Hopefully we will see April higher yet and continue this upward trend in sales.
