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Market Update

Reno/Carson Valley

Q4 2025

Residential Property Snapshot

Single Family Homes | Q4 2025
Med. Sales Price
$610k
2% more than in
Q4 2024
Avg. Days On Market
90
10% more than in
Q4 2024
Closed Sales
558
3% more than in
Q4 2024
Inventory
347
2% fewer than in
Q4 2024
Closed
New
Inventory

Closed Sales by Price

Single Family Homes

     |  Q4 2025
    Closed Sales by Price — underlying data
    Closed Under $500k29.2%
    Q4 '25163
    Q4 '24166
    1YR CHANGE-2%
    Closed $500k - $1m57.9%
    Q4 '25323
    Q4 '24305
    1YR CHANGE+6%
    Closed $1m - $2m11.8%
    Q4 '2566
    Q4 '2464
    1YR CHANGE+3%
    Closed Over $2m1.1%
    Q4 '256
    Q4 '246
    1YR CHANGE0%
    By Year
    By Price

    Market Data by Year

    Single Family Homes

       |  Q4 2025

      Rotate your device to view as table
      '24 - '25
      Inventory
      Inventory represents the number of active properties on the market at the end of the quarter
      -2%
      New Listings
      New Listings represents the number of properties listed during the quarter.
      11%
      Months Supply of Inventory
      Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
      9%
      Closed Sales
      3%
      Average Days On Market
      Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
      10%

      32 Communities

      Communities

      Arrowcreek

      Median
      $1.85m
      DOM
      133
      Sales
      11
      Inv
      16

      Carson City/Carson Valley

      Median
      $564k
      DOM
      92
      Sales
      131
      Inv
      70

      Caughlin Ranch

      Median
      $955k
      DOM
      91
      Sales
      17
      Inv
      9

      Clear Creek Tahoe

      Median
      n/a
      DOM
      0
      Sales
      0
      Inv
      11

      Dayton

      Median
      $442k
      DOM
      78
      Sales
      84
      Inv
      54

      Downtown Reno

      Median
      n/a
      DOM
      0
      Sales
      0

      Fernley

      Median
      $399k
      DOM
      95
      Sales
      97
      Inv
      54

      Galena Forest

      Median
      $1.4m
      DOM
      180
      Sales
      5
      Inv
      3

      Genoa

      Median
      $1.25m
      DOM
      208
      Sales
      14
      Inv
      12

      Hidden Valley

      Median
      $755k
      DOM
      95
      Sales
      15
      Inv
      8

      Kiley Ranch

      Median
      $536k
      DOM
      97
      Sales
      8
      Inv
      3

      Lakeridge

      Median
      $1.05m
      DOM
      106
      Sales
      16
      Inv
      11

      Midtown

      Median
      $584k
      DOM
      89
      Sales
      6
      Inv
      4

      Montreux

      Median
      $2.84m
      DOM
      164
      Sales
      6
      Inv
      18

      North Valleys

      Median
      $440k
      DOM
      62
      Sales
      9
      Inv
      6

      Nothwest Reno

      Median
      $641k
      DOM
      81
      Sales
      98
      Inv
      59

      Old South Suburban Reno

      Median
      $1.5m
      DOM
      206
      Sales
      17
      Inv
      13

      Old Southwest Reno

      Median
      $735k
      DOM
      53
      Sales
      15
      Inv
      10

      Pleasant Valley

      Median
      $1.2m
      DOM
      182
      Sales
      1
      Inv
      2

      Reno

      Median
      $610k
      DOM
      90
      Sales
      558
      Inv
      347

      Saddlehorn

      Median
      $2.01m
      DOM
      50
      Sales
      4
      Inv
      3

      Somersett

      Median
      $760k
      DOM
      103
      Sales
      37
      Inv
      31

      South Meadows

      Median
      $490k
      DOM
      55
      Sales
      4
      Inv
      2

      South Reno

      Median
      $1.25m
      DOM
      103
      Sales
      40
      Inv
      26

      Southwest

      Median
      $790k
      DOM
      90
      Sales
      92
      Inv
      68

      Spanish Springs

      Median
      $700k
      DOM
      102
      Sales
      79
      Inv
      48

      Sparks

      Median
      $530k
      DOM
      91
      Sales
      304
      Inv
      140

      St James Village

      Median
      $2.35m
      DOM
      184
      Sales
      1
      Inv
      5

      Verdi

      Median
      $750k
      DOM
      56
      Sales
      9
      Inv
      3

      Virginia Highlands

      Median
      $675k
      DOM
      148
      Sales
      8
      Inv
      9

      Washoe Valley

      Median
      n/a
      DOM
      0
      Sales
      0
      Inv
      1

      Wingfield Springs

      Median
      $589k
      DOM
      99
      Sales
      61
      Inv
      50

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      Data provided by PLUMAS MLS, Northern Nevada Regional MLS, Metrolist Services Inc., South Tahoe Association of Realtors, Incline Village MLS, and Tahoe Sierra Multiple Listing Service. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Dec 31, 2025 end of day. This report was last updated Jan 7, 2026.

      ©2025 Sotheby’s International Realty. All Rights Reserved. Sotheby’s International Realty® is a registered trademark. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Equal Housing Opportunity.