Beau Keenan, president of Dickson Realty takes a look back at 2020’s Sparks and Reno housing market trends to see what happened and why. He also looks toward 2021 with forecasts and national trends to see what’s in stock for us in the upcoming year.

Watch his video update and please reach out if you have any questions about buying or selling real estate in Northern Nevada. It would be an honor to assist you however we can. 

 

Q4 2020 Market Update with Beau Keenan, Dickson Realty from Dickson Realty on Vimeo.

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Winter is finally here and there are so many things you can choose to do from this February calendar of events in Reno and Sparks. There are outdoor activities aplenty, including Valentine’s Day themed events, guided snowshoe tours, and the 2021 NV STEAM Conference at the Nevada Museum of Art.

February calendar of events in Reno and Sparks

February calendar of events in Reno - Shedding the Light on AntlersShedding the Light on Antlers

  • When: Noon Monday, February 1, 2021
  • Where: Virtual (Zoom)
  • More information

Explore the science behind the spring scavenger hunt for the treasures left by elk and mule deer. Presented by the Nevada Department of Wildlife, this free online webinar will inform and entertain participants of all ages.

 

Meditation for Pregnancy and Birth Virtual Gathering

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We’re moving into the best part of winter for snow enthusiasts, and as such, we’re seeing more and more interest in the Incline Village real estate market. With phenomenal alpine views and renowned outdoor recreation options for all seasons, it’s easy to see why people are looking to switch from urban living to the expansiveness of the Sierra Nevada landscape. Adding to the beauty of the Lake Tahoe region are the favorable income tax laws when moving to Nevada from nearby states.

A Halved Supply of Inventory Meets a More Than Doubled Demand of Buyers

An influx of buyers coupled with quickly moving inventory makes Incline Village real estate a hot market for both sellers and buyers alike—even when temperatures drop.

In December 2020, 92…

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This report will give you an update on the Reno/Sparks real estate market through the fourth quarter of 2020. You will find information about prices over time in different parts of town, market stats for various areas in our region, and even information on how to find out what your home is really worth.

Click on the image to read the magazine style report.

 

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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 slightly decreased from November to December, to $449,600. However, the year-over-year median price is up by 14%, and we expect it to continue trending up in the coming months.   The Average Days on Market stayed the same at 72 days from November to December. This is an on-market time that we typically only experience in the peak summer selling…

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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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