The Reno/Sparks luxury market has been remarkably busy with several $1 Million+ sales this quarter alone. The market area continues to be impacted by lower inventory and high demand. This dichotomy affects not only the luxury market but the markets in all price ranges as well. Nonetheless, we are pleased to report that Dickson Realty has participated in over 40% of the luxury sales in Reno/Sparks year-to-date including the highest sale of $2,150,000 for a custom-built Montrêux home overlooking the 13th Fairway and Green. With that being said, we decided to put our Luxury listings into a Wall Street Journal ad while the market is heating up and Luxury is “back” in northern Nevada.
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Reno-Sparks Market Report May 2023
Dafne Rickert·May 25, 2023