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Real Estate Blog

Who would have thought that during a global pandemic that real estate would be going strong? In fact, inventory in Northern Nevada is incredibly low and the median sold price for single family homes in Reno/Sparks was $449,600 in December. You can read more about the current real estate market here. 

Now that many home buyers have spent much more time at home during the last year, the features that buyers want most have changed to reflect that. Here are the top seven features that today's home buyers are looking for in their future homes. 

1. Patio and Outdoor Living Space. Being stuck at home gets old quickly. Many homebuyers have realized how important it can be to have an outdoor space to take in the view, relax and add to their total living

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Nationally and locally, real estate markets are starting the new year off with low inventory, record median prices and fast market times. Here’s the latest information on the Reno/Sparks real estate market, from the experts at Dickson Realty.     There were 203 homes active on the market and available for purchase (not in contract or escrow) at the end of December, which was a 26.7% decrease from November and a remarkable 75% decrease from December 2019. Our market has had a steady decline in inventory since April, which is contributing to higher prices and dampening affordability. Fortunately, mortgage rates are remaining at or near all time lows, which brings some relief to buyers.   Reno/Sparks area…
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More people are looking at living in Reno as remote working opportunities become more popular and it’s no longer necessary to live in a large city to be close to a job. At the same time, the city is upping its tech-savvy and becoming smarter for current and future residents. 

The biggest little city is determined to make smart living a priority in northern Nevada. Recently, StateTech Magazine featured Reno as one of the top-eight smart cities in the country to watch. Here are five ways Reno is becoming a smarter place to live. 

Living In Reno Means Access To Smart City Avenues Of Success

Living In Reno - Smart City - City Portal

  1. Digital Interactions Becoming The New Norm

Life as we know it is becoming increasingly more digital, and in response, the City of Reno is

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If you’re as ready as we are for 2021, then this January calendar of events in Reno and Sparks is the right way to get into the new year! Despite the COVID-19 pandemic, there are some outdoor and virtual activities to attend, such as the Riverside Farmers Market, virtual art discussions at the Nevada Museum of Art and recreation events for kids with the Great Basin Outdoor School. And, don’t forget to recycle your Christmas tree with Keep Truckee Meadows Beautiful through January 10.

January Calendar Of Events In Reno

January calendar of events in Reno - Keep Truckee Meadows Beautiful Christmas Tree Recycling

Keep Truckee Meadows Beautiful Christmas Tree Recycling

  • When: 9 a.m.-4:30 p.m. Saturday, December 26, 2020–Sunday, January 10, 2021
  • Where: Various locations around Reno/Sparks
  • More information

KTMB’s Christmas

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Our local housing market is still very strong as we enter into the holiday season. Here are the latest statistics for the single-family home market in the Reno/Sparks area.

As of December 29, 2020, there were 203 homes available for purchase, a remarkable 75 percent decrease from this time last year. The persistent low inventory represents a challenge for buyers, but also makes it an extremely good time to sell a home with little competition in almost every price range.

Months or Days of Inventory is typically how REALTORS refer to the amount of time it would take to sell all existing homes for sale if no additional homes entered the market. For homes priced under $300,000, we have only 2 days of inventory in Reno/Sparks, and for homes in the

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Driving around town looking at Christmas lights in Reno and Sparks is a treat any year, but this year, it’s one of the best—and safest—ways to get into the holiday spirit. Don your favorite ugly Christmas sweater, make some hot cocoa for the road, and bring your favorite sweet treat to enjoy while you drive around Reno and Sparks checking out some pretty spectacular holiday light displays.

Where to see Christmas lights in Reno in 2020

Griswold Challenge

The 5th Annual Griswold Challenge is featuring homes and businesses across Reno, Sparks and the outlying areas. The nonprofit group 39 North Downtown, which is presenting the event, canceled its annual holiday light festival in downtown Sparks. But the holiday light decorating contest is still

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Architecture, House, Christmas Night, LightsWhat are your plans for Christmas Eve? Even though this year's holiday looks different, there are still things we can do in Northern Nevada to get into the holiday spirit.

Northern Lights Festival- Drive up to Incline Village and Crystal Bay to tour light displays at the local shopping locales through December 31st. Be sure to support the local restaurants and stores while you're there. 

The Nutcracker on Demand- Enjoy an encore presentation of The Nutcracker Ballet presented by A.V.A. Ballet Theatre with the Reno Philharmonic. Tickets are $24.95 and the performance is on demand until December 31st. 

Hidden Valley Parade of Lights- Residents in Hidden Valley go all out during the holidays to decorate their homes with lights. Drive through the

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Demand for housing in the Reno/Sparks region is strong and home prices continue to rise while market times remain fast. Here’s the latest info from the experts at Dickson Realty.

When discussing median price, median means “in the middle”, so half of homes sold for more and half sold for less. According to the Reno-Sparks Association of REALTORS, the regional median price stayed the same from October to November, at $455,000. Our year-over-year median price is up by 14%, and we expect it to continue trending up in the coming months.

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The Average Days on Market decreased from 78 days to 71 days from October to November. Last year at this time, the days on market was 90 days, which is more typical for November. The fast market

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Here’s the latest information on the Reno/Sparks real estate market. Our analysis focuses on single family home activity in the region for the month ending November, 2020.

If you have any questions about this report or would like more information about the real estate market, please reach out.

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Written by Mary Jurkonis with Dickson Realty

For some people, the silver lining to the COVID-19 pandemic has been the opportunity to work from anywhere, and we are seeing this new flexibility reflected in the Incline Village real estate market.

More people want to move to Lake Tahoe and enjoy the year-round recreation it offers while also working remotely. Think about it—you could take a Zoom call in the morning and a hike or ski-break in the afternoon. Tahoe offers people a resort lifestyle even when they’re not on vacation. 

In Lake Tahoe, Incline Village is unique in that it is on the Nevada side of the lake and offers full-time residents the tax benefits of being part of the Silver State.

Incline Village Real Estate Market: More Active

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