Sales continued to rise in the under $150,000 price range in June (184 sales) over May (155 sales). As previously reported there was an overall increase in sales June over May and all of the identified price points reflected an increase in the number of sales. Of interest is that 31 closings were over $450,000 and 21 closings were over $500,000. Of those 31 sales 5 were short sales and 5 were bank owned. The highest priced short sale had an original price of $1,054,000 and sold for $700,000, a home in the Galena Forest.

Source: Reno Sparks Association of Realtors.