Real Estate Blog - May, 2021

Stay Healthy With Farmers Markets In Reno And Sparks This Summer

Farmers markets in Reno and Sparks have always been a time to enjoy the warm summer months while shopping for specialty products from local artisans, farmers, and vendors. Every year, people look forward to sampling and conversing with others to learn more about the artistic and farm-to-table process. But when the COVID-19 pandemic disrupted business operations last year, the farmers market community had no choice but to adapt and evolve. 

Sampling was prohibited, social distancing was enforced, seating areas were eliminated, and employees were screened for COVID-19 before entry. Farmers markets—classified as special events—are required to follow state directives and county health guidelines.

With this in mind, Nevada recently adopted CDC guidance…

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Days on Market & Median Price Report - Reno/Sparks- May 2021

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 2% to $494,500 from March to April. This is another new record median price for single-family home sales in the region. Year-over-year, median price is up by 19%, and we expect it to continue trending up in the coming months.

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The Average Days on Market decreased by 13 days, or 19%, to 55 days through April. This is the lowest…

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Just Listed 1670 Saturno Heights Dr., Reno

Magnificent views and great private location backing up to a canyon in northwest Reno. The exterior was painted just last year and downstairs is Luxury Vinyl plank flooring. The backyard fencing was also redone to maximize the view. This home is in fantastic condition ready for a new owner.

Please check out the video tour.

1670 Saturno Heights Drive, Reno 89523

3 Bedroom, 3 Bathroom, 1,794 square feet

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Favorite Amenities in New Homes

Whether you're having a home built or buying a home, there are certain amenities that homeowners love. If you are planning to purchase a home, it's smart to go into your search with a list of must-haves. Even though the competition is tough for home buyers, you want to be sure that your new home will work for your lifestyle. 

Here's a list of homeowners' favorite home amenities. Which amenities are your favorite? 

High-End Finishes- Hardwood flooring and solid surface or quartz countertops can make a home feel much more luxurious than the less expensive finishes. Hardwood flooring is preferred by 87% of home buyers, according to Realtor Magazine. 

Energy Efficiency- Energy-efficient windows, appliances, HVAC, and insulation can all make a huge…

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Incline Village & Crystal Bay Market Report: April 2021

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 April 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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Reno Celebrates Older American's Month with "Stuff a Bus for Seniors"

May is Older American's Month and the Reno community is celebrating by stuffing a bus full of items for senior citizens. If you would like to donate, you can drop off new, unused items at Sam's Club, located at 4835 Kietzke Lane, Reno on Friday, May 21. There will be an RTC bus with Sam's Club staff to take your donations from 2:00-7:00 p.m.

The following items will be accepted: 

• Jackets, sweatshirts, and pants
• Air circulation fans and auto-off electric space heaters
• Household cleaning and bathroom supplies
• Adult diapers
• Gift cards (grocery stores, pharmacies, book stores, movies, pet stores, etc.)
• Bus passes or RTC Access ticket books
• Financial donations. Please make checks payable to Washoe County Senior Services

The…

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Market Profile Report - Reno/Sparks-- May 2021

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 April 2021.

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

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Just Listed: 800 Akard Drive

Fantastic four-bedroom home located close to UNR. Nice location close to everything. Please make sure to view the video tour as this home is tenant-occupied. Do not disturb tenants, please.

This home is in very good condition and photos and video are very representative of this home. If you'd like to schedule a tour, please reach out. We will be honored to help you find a home that fits your needs and lifestyle. 

More pictures and information: 800 Akard Drive, Reno

Watch the video tour here.

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Market Report – Reno/Sparks Inventory as of April 30th

Our local housing market through April 30th showed continued strong demand with a slight improvement in inventory. Here are the latest statistics for the single-family homes in the Reno/Sparks area.

As of May 3, 2021, there were 251 homes available for purchase which is a welcomed 34% increase over the 187 available homes last month. Despite the monthly increase, inventory is still down significantly from this time last year; down by 66 percent. 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 nearly 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…

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4 Tips On How To Find A New Home In Sparks and Reno

Written by Beau Keenan,  Presiden of Dickson Realty

If you’re looking for a new home in Sparks or Reno, then you’re probably tired of hearing that there is very little inventory available, and we don’t blame you. Homeowners are staying in their homes longer, cash buyers are flooding the market, and housing costs are increasing. And, while it may seem like Northern Nevada is experiencing more appreciation and market volatility than other areas, that’s not the case. 

Inventory levels have reached record lows across the country, which has caused demand to grow significantly over the last few years. Some have made a comparison between the 2006 housing market crash and the situation we’re in now. However, there are many key differences. In 2006, the…

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