There are currently 167 luxury homes on the market listed for more than $1,000,000. To date, there have been 70 luxury homes sold this year. Home values are up for luxury homes as well. From January 1 to September 30, 2014, the average sold price per square foot was $284.85. For the same time period this year, the average sold price per square foot is $292.82.
The luxury home market in Reno-Sparks is evolving. We would be honored to help you navigate the process of buying and selling luxury real estate. For more information about the local, luxury real estate market, call us at 775-453-0209 or click on the “Luxury Trends” image to the left.