Should I Wait to Sell My House in Reno? Honest Advice from Local Real Estate Advisors

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Should I Wait to Sell My House in Reno?

It’s a question we hear almost every week: "Is now a good time to sell, or should I wait?" If you’re a homeowner in Reno or Sparks and you’re asking that question right now, you’re not alone. Timing the real estate market can feel like trying to read a crystal ball—but good decisions don’t have to be guesses.

At the Kinney & Renwick Team, we don’t rely on hype or headlines. We rely on experience, data, and a deep understanding of the local Reno-Sparks market. In this post, we’re breaking down the real factors that should go into your decision about when to sell—and giving you the tools to move forward with clarity, not confusion.

First Things First: What Are Your Personal Goals?

Before diving into market trends, ask yourself: Why are you thinking about selling? Are you downsizing? Relocating for work? Considering a move closer to family? Do you need to access your home equity? The best time to sell isn’t just about the market—it’s about when selling makes sense for your life.

We often remind clients: Real estate is deeply personal. The market matters, but your goals matter more. Once we understand what you’re aiming for, we can guide you in deciding how and when to approach the sale.

Reno & Sparks Market Trends: What We’re Seeing Right Now

As of fall 2025, we’re seeing a market that’s more balanced than it’s been in recent years. Interest rates remain higher than the ultra-low levels of 2020–2021, but demand hasn’t disappeared. In fact, many buyers are re-entering the market after sitting on the sidelines.

Here are a few notable trends:

  • Inventory is still relatively tight. While we’re seeing more listings compared to last year, we’re still well below pre-2019 inventory levels.

  • Homes that are priced correctly are still selling well. Overpricing leads to longer days on market, but homes with a smart pricing strategy are attracting strong interest.

  • Cash and well-qualified buyers are active. Despite higher borrowing costs, many buyers are prepared and motivated.

  • Certain segments are moving faster than others. Well-maintained properties in desirable neighborhoods are seeing the strongest activity.

What does that mean for you? It means there is opportunity—but success depends on how your home is positioned, priced, and presented.

Is the Market Going to Get Better?

We wish we could say with certainty that rates will fall next year, or prices will surge, or conditions will shift in a seller’s favor. But the truth is: no one can predict exactly what’s ahead.

What we can do is help you focus on what is within your control:

  • Preparing your home strategically

  • Pricing it with data and insight

  • Marketing it with care and clarity

  • Negotiating with experience

In our work with clients, we often hear, "We’ll just wait for the market to improve." But here’s the risk: if interest rates drop, yes, more buyers may enter the market—but so will more sellers. That means more competition, which could affect pricing and your time on the market. The question becomes: will you really be in a better position later?

The Cost of Waiting: Real Talk on Equity and Timing

Let’s talk about one of the most overlooked aspects of waiting: holding costs. If your current home no longer fits your lifestyle, and you’re thinking of downsizing or relocating, every extra month of staying put has a cost.

Are you:

  • Paying for unused space?

  • Managing maintenance on a home you don’t want long-term?

  • Missing out on locking in a new home before prices rise again?

For many sellers, the decision isn’t just financial—it’s about peace of mind and moving on to the next chapter. We can help you run the real numbers so you can weigh the cost of waiting against the value of moving forward now.

A Local Perspective: Why Reno and Sparks Still Offer Seller Advantages

Here in Reno and Sparks, our real estate market has unique rhythms. From job growth driven by tech and logistics to lifestyle demand for Northern Nevada’s outdoor access and no-state-income-tax appeal, the buyer pool remains strong.

We’ve helped clients navigate this market through all kinds of cycles. One common thread: those who approach the sale with strategy and preparation tend to do better—regardless of market conditions.

What We’re Telling Clients Right Now

If you're thinking about selling in the next 6 to 12 months, we recommend taking a few simple steps now:

  1. Get a pricing consultation. We’ll provide a realistic range based on current data.

  2. Understand what repairs or updates might boost your value. Not every upgrade is worth doing—we’ll help you prioritize.

  3. Explore the Chase Ready program. This seller service includes pre-market inspections, full disclosures, and a home warranty that can set your listing apart and reduce surprises.

And most importantly: Ask questions. Let us walk through the possibilities with you.

Final Thought: Selling With Confidence, Not Pressure

You deserve honest, experienced guidance—not pressure. Whether you decide to list now or wait, we’re here to offer straightforward advice rooted in real market knowledge.

Selling your home is more than a transaction. It’s a transition. Our job is to make sure that transition is as informed, thoughtful, and smooth as possible.

Want to explore your options without obligation? Visit us at https://kinneyandrenwickteam.com/ or connect with us on Instagram https://www.instagram.com/kinneyandrenwickrealestate/.

You can also reach us directly at [email protected] or (775) 391-8402.

We’re not just real estate agents. We’re advisors. And we’re here when you need us.

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About the Author
kevin@kevinjkinney.com
Kevin was born and raised in Reno and graduated from UNR. He started his career as a lawyer in Oregon in 1995. He returned to Reno and transitioned to real estate in 2020.
Kevin has a unique skillset that provides unparalleled skills in all levels of negotiations and positive results driven solutions. He understands what it means to have a client trust his skills and strives each day to exceed those expectations.
He is passionate about helping people achieve their real estate goals. He believes that everyone deserves to have a safe and comfortable place to live and is committed to providing clients with the best possible service.