COVID-19 and seasonal conditions may have put the freeze on Northern Nevada’s housing inventory, but warmer temps, vaccinations, and new construction could bring more homes on the market this spring.

The housing inventory in Reno and Sparks experienced a slight increase in February, and we may continue to see more homes come on the market as the temperatures get warmer. Overall, February was better than January, but we still have a long way to go. Here’s what you need to know. 

Northern Nevada’s Housing Inventory: Where Are All Houses?

Our housing market’s current state is due to a few factors, including high demand and low inventory. Like many other parts of the country, homeowners in Reno and Sparks are hesitant to list their homes due to…

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Demand for housing in the Reno/Sparks region is strong, which is keeping upward pressure on home prices, 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 by one hundred dollars from January to February, to $450,000. However, the year-over-year median price is up by 14.6%, and we expect it to continue trending up in the coming months.

The Average Days on Market decreased significantly by 17 days, or 20.2%, to 67 days from January to February. This is an on-market time that we typically only experience in…

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Moving day is notoriously stressful. You're on a time crunch. You're frantically trying to pack last-minute items. You're organizing movers, meals, and your grandma's antique silver. But moving day doesn't have to be a trying experience. These tips from professional movers can make moving day much less stressful. 

1. Time Your Move- Weekend moves are going to be more expensive whether you hire professional movers or a moving truck. Stick to mid-week moves for the best price. Also consider when you'll be driving to your new home. You don't want to be stuck in rush hour traffic in your moving truck if you don't have to. 

2. Label Everything- You probably know to label your boxes by room (living room, guest bedroom, office, etc.). But do you label the…

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Here’s the latest information on the Incline Village/Crystal Bay real estate market. You will find year-over-year comparisons of different statistics for single-family homes in the top graphic and condos in the bottom graphic; both represent the month ending February 2021.

Click on each image to view larger

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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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 February 2021.

If you have any questions about this report or the real estate market in our region, please reach out.

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As years of economic development efforts come to fruition, more people and businesses are relocating to Northern Nevada and impacting the Reno economy positively. However, with this growth comes the challenge of meeting new demand for housing, education, and other critical infrastructure, according to experts who spoke at Dickson Realty’s annual Economic Summit.

During the virtual event, Mike Kazmierski, president and CEO for the Economic Development Authority of Western Nevada, and Brian Bonnenfant, the project manager for the Center for Regional Studies at the University of Nevada, provided insight on where the Reno economy stands and what to expect for the remainder of 2021.

In their presentations, both Kazmierski and Bonnenfant referenced…

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Nationally and locally, the most talked-about themes in real estate are low inventory, record median prices, and fast market times. Here’s the latest information on the Reno/Sparks market, from the experts at Dickson Realty.

Click to enlarge the graph

There were 190 homes active on the market and available for purchase (not in contract or escrow) at the end of February, which was an 11.8% increase from January. This marks the first increase in inventory since April 2020. Though we saw this month-over-month increase, there has still been a remarkable 63.6% decrease in inventory from February 2020. The low inventory of homes, coupled with continued strong demand from home buyers is contributing to ever-higher prices and dampening affordability.…

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1760 Boulder Ridge Trail, Reno, NV 89523If you have discerning taste and are looking for a well-appointed, luxurious home with incredible views, act quickly to schedule your private tour of this home. Located in the very private and exclusive, gated Boulders neighborhood within Somersett, you will enjoy the many spacious living areas, both inside and out, that make for dramatic entertaining areas. The backyard living space is truly one of a kind.

In addition to sweeping mountain views, unwind on the sizeable back patio dining area with a lovely water feature, extensive outdoor lighting including bistro lights, and a speaker system. The hot tub and fire pit sitting area are ideal for taking in the gorgeous Northern Nevada sunsets. If you need even more outdoor living space, there are two…

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In the first month of 2021, we continued to see the impact of high demand and low supply in the Reno and Sparks housing market. While sellers may find themselves in an advantageous position due to market conditions, buyers are offering above list prices. National reports also show that the local housing market is in line with larger trends as Reno continues to gain attention for its unique qualities.

If you’re looking to buy or sell, keep reading for the latest on the Northern Nevada real estate market and up-to-date insights from our team of neighborhood experts.

Reno and Sparks Housing Market Update

Median Sales Price Information

Reno sparks housing median sales price January 2021

From December to January, the median sales price of Reno and Sparks housing decreased by less than…

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If you can’t wait for some springtime fun, then this March calendar of events in Reno and Sparks has the perfect solution for you. From St. Patrick’s Day festivities to meditation workshops to tiger talks—yes, real-life tigers—there’s an event for everyone. Here’s why the community is buzzing, and so are we.

March calendar of events in Reno and Sparks

Fit And Strong At Home Virtual Workshop

  • When: 9-10:30 a.m., Mondays, Wednesdays, and Fridays; March 1, 2021-April 28, 2021
  • Where: Virtual (Zoom) from Renown Health
  • More information

Exercise safely and develop healthy habits with the Fit and Strong at Home Virtual Workshop. This eight-week course consists of a multiple-component exercise program specialized for arthritis…

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