Hi friends, welcome to my very first edition of my monthly newsletter! Whether you are a homeowner, future buyer, or love staying in the loop on our local real estate scene, this is for you. Each month, I’ll share market updates, home tips and a little local fun!
August Market Update: What's Really Happening in Reno, Sparks and Carson City Real Estate
As we step into the final stretch of summer, the real estate market in Northern Nevada continues to move- and quickly. If you've been wondering whether the market is cooling down or heating up, the numbers tell a clear story.
Market Snapshot: July 2025 Review
- Average Home Price: $591,992
-Closed Sales: 414
-New Listings: 543
-Active Listings: 1,205
The Market is active, competitive and full of opportunity for both buyers and sellers.
What This Means For Sellers
When priced right, homes are selling fast, and often with multiple offers.
Sellers who are working with an agent who understands strategic pricing and presentation are still benefiting from high buyer demand. With 543 new listings added and over 1,200 active homes on the market, competition remains healthy but buyers are becoming more selective.
The key right now isn't just to list, it's to position your property to stand out. That means thoughtful pricing, great marketing and proper prep.
For Buyers: More Inventory, But Don't Wait Too Long!
With over 1,200 active listings currently on the market, buyers have more to choose from than they did earlier this year, but that doesn't mean homes are sitting.
Well priced homes in desirable neighborhoods are moving fast. If you're a buyer, this is a great time to get with your lender and have that Preapproval Letter on hand. With mortgage rates stabilized for now, buyers with clear goals and strong guidance are finding success, even in a multiple offer situation.
The Northern Nevada market continues to show strong fundamentals. Whether you're buying, selling or just keeping tabs on what your home might be worth, understanding the numbers and how to act on them is key.
Hot August Nights 2025: A Reno Summer Classic
It's that time again, Reno's biggest and boldest celebration of classic cars! Hot August Nights rolls into town August 1st-11th bringing vintage vibes, good food and rock 'n' roll music across Reno, Sparks and Virginia City.
You can expect to see over 6,000 classic cars, nightly cruises, show-n-shines and huge vendor line ups.
Local Tip: Head down at night for the evening cruises, the energy is unbeatable.
Link to the main website: https://hotaugustnights.net/
Link to the schedule: https://hotaugustnights.net/wp-content/uploads/2025/07/HAN-2025EventSchedule-REV_7-20-25.pdf