October held steady in numbers across the board. In Reno, total active listings were virtually unchanged from September 
1717 to 1697 in October. Sparks’ active inventory also stayed even with September, only adding 21 active listings. Number of homes sold in Reno dropped 16 to 401 in October. Sparks sold properties stayed about the same in October as in September.
The other number we track is distressed inventory. In October Reno’s distressed inventory stayed roughly the same and Sparks added 23 homes for a total of 251. Though the temps outside are officially dipping into freezing during the night and the days are not warming up past high 50’s historically low interest rates and relatively low inventory are still bringing the buyers out to the offer table.