Reno Real Estate Market Update
The Reno and Sparks real estate market continues to show steady activity. While national headlines talk about dramatic swings, Northern Nevada remains stable because inventory remains low and demand stays consistent.
Entry Level Market Trends
Homes between four hundred thousand and six hundred fifty thousand move quickly, especially in Sparks and Northwest Reno. Clean updated homes attract the most attention.
Mid Tier Market Trends
Move-up buyers in the seven hundred thousand to one million range shop carefully and compare features across South Reno, Galena and Damonte Ranch. Pricing and presentation matter.
Luxury Market Trends
Luxury neighborhoods such as Montreux, ArrowCreek, Fieldcreek, and St. James Village attract selective buyers who take time to decide but still close when value aligns with condition.
FAQ
1. Are prices rising?
Prices remain steady with slight increases for well-prepared homes.
2. How long are homes staying on the market?
Entry-level homes move quickly. Luxury may take longer.
3. Is it a good time to buy or sell?
Yes, if you prepare correctly and base decisions on local data.
INTERNAL LINK STRUCTURE
• Market Update
• Luxury Homes
• Contact Jodi
BUYER:
If you want to track the market weekly or monthly, send me your price range, and I will keep you updated.
SELLER:
If you want a custom neighborhood value update, I can prepare one based on your address.