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July 2024 Real Estate Market Update

July 8, 2024
The real estate market in the Reno-Tahoe area has shown remarkable growth and resilience in the first half of 2024. When comparing the market's performance with recent years, it becomes evident that 2024 continues the trend of increasing property values, despite fluctuations in sales volume.

June 2024 Real Estate Market Update

June 5, 2024
Reno – Tahoe real estate is experiencing strong seasonal activity as above-average winter conditions recede. A surge on new inventory in April gave way to the most prolific month for real estate closings in 10 months. 357 residential sales track near even with a year ago, but still meaningfully lags the historic average.

May 2024 Real Estate Market Update

May 8, 2024
Persistent headwinds are having a dampening effect on real estate activity within the Reno Tahoe region. After having tracked evenly with 2023 productivity for the first several months of the year, the last two months have fallen behind. While the most prolific month to date of 2024, April’s 310 residential transactions lagged behind the same period by 4%.

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