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 increased from $440,000 in September to $455,000 in October, 2020. 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 increased from 70 days to 78 days from September to October. Last year at this time, the days on market was 17 days higher, at 95 days. The fast market times…

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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 October, 2020.

Buyer demand is remarkable in nearly every price range and is a major contributor to the continued rise in prices. Although the median price in Reno/Sparks increased just 3% from September to October, from $440,000 to $455,000; the better measure is comparing year over year. Here, we see the median price is up by 14% over last year, which is a strong growth rate.

Reno/Sparks REALTORS sold 628 homes in October, which was a 10% decrease from September 2020. However it was a 12% increase from October 2019.

In October, 571 new listings entered the market, which is 8% less than…

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Selling your home at any point during the year can be stressful, but most would think selling during the holidays would be even more so. The good news is you can still enjoy the joy of the holiday season without much added stress if you're planning to sell your home in the near future. Sallan Real Estate has been helping homeowners buy and sell property in Northern Nevada for nearly 20 years and we have created this list of tips to make selling your home easier. 

Know the Market. Reno-Tahoe is seeing a huge demand for homes and a much lower supply. If you're seriously considering selling your home, now is a great time to do so. Check out the latest real estate market news here. Having a general idea of the local real estate market will help you decide…

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The Reno/Sparks real estate market continues to be at the forefront of many conversations, with low inventory, record median prices and fast market times. Here’s the latest information from the experts at Dickson Realty.

Active vs Sold Reno Sparks

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There were 347 homes active on the market and available for purchase (not in contract or escrow) at the end of October, which was an 18% decrease from September and a staggering 69% decrease from October 2019. Our market has had a steady decline in inventory since April, which is contributing to higher prices and hurting affordability. Fortunately, mortgage rates are remaining at near all time lows, which brings some relief to buyers.

Reno/Sparks area REALTORS sold 624 single family homes in…

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If you’re looking for November Things To Do in Reno and Sparks, then you’ve found the right blog post! Some November events in Northern Nevada include the final day of a fall festival and pumpkin patch and assorted art events and exhibits. The 5th Annual Wild & Scenic Film Festival will be virtual this year, as will the Wobble Before You Gobble 5K/10K Run. Get out and enjoy the brisk air and fall colors before the snow falls.

November Things To Do in Reno and Sparks

 

Art Adventures

  • When: 4-5 p.m. Mondays (November 2-16, 2020); 4-5 p.m. Wednesdays (November 4-18, 2020); and 4-5 p.m. Thursdays (November 5-19, 2020)
  • Where: 250 Court St. at Arlington Avenue, Reno
  • More information

After-school program Art Adventures is…

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Many people may think that selling a house in winter is difficult—but that’s actually a misperception. While colder temperatures and holidays may seem like deterrents for some buyers and sellers, the fourth quarter of the year has its own set of benefits. Here is what Beau Keenan, President of Dickson Realty, and Rebecca Dickson, Vice President of the Dickson Luxury Division, had to say about why selling a house in winter can be advantageous.

Benefits Of Selling A House In Winter

One of the biggest ways sellers can benefit from listing their home during winter is that most buyers in the market are incredibly motivated, Keenan said.

“Buyers that are out looking are typically the most serious,” he said. “They’ll move heaven and earth to buy…

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