As experienced Realtors serving Reno and Sparks, we know how important it is to stay informed in a market that’s always moving. July 2025 was no exception. The latest data reveals trends that both buyers and sellers need to understand—not just numbers, but what they mean for real decisions.
Reno: A Market Adjusting, Not Declining
Reno’s median home price settled at $635,000, a 5.2% decrease from June, but this isn’t a signal of weakness. It reflects a market recalibrating after years of rapid growth. Active inventory remains strong with 798 homes available, giving buyers more options and sellers more competition. Homes are taking longer to sell, with median days to contract now at 34 days, a sharp increase from last month. For sellers, this underscores the need for accurate pricing and professional marketing. For buyers, it means there’s more room for thoughtful decision-making.
Sparks: Balance Returning for Buyers
In Sparks, the median home price was $550,000, down slightly by 1.3% from June. Inventory is holding at 338 active listings, offering more selection than we’ve seen in prior months. However, closed sales dropped 14.6% month-over-month, indicating buyers are being cautious and seeking value. Homes in Sparks are going under contract a bit faster than Reno, with a median of 21 days to contract, but that’s still a slower pace than earlier in the year.
What Does This Mean for You?
The takeaway is clear: we’re moving into a market that rewards preparation, strategy, and local expertise. Whether you're buying or selling, it’s no longer just about “listing and hoping.” It’s about knowing where the opportunities are, how to price with precision, and how to navigate negotiations in a market that’s more balanced—but still competitive.
At The Kinney & Renwick Team, we’re trusted by our clients because we don’t just track market stats—we interpret them and use them to guide decisions with care and accuracy. We understand the Reno and Sparks markets inside and out because we live and work here. Our commitment is to provide honest advice, thoughtful strategies, and results that come from experience, not algorithms.
We’re Here When You’re Ready
The market is shifting, but your goals don’t have to. Whether you’re buying your first home, upgrading, or preparing to list your property, having experienced Realtors who understand Reno and Sparks makes all the difference.
We’re here to offer straightforward advice, clear market insights, and real strategies to help you succeed—on your timeline, with your priorities in focus.
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Robin, Kevin & Sophie
Kinney & Renwick Team
License #'s: S067935 | BS0141620 | S197254
[email protected]
(775) 391-8402
kinneyandrenwickteam.com
