Wondering where the Northern Nevada real estate market stands mid-year? The numbers for June 2025 show movement across the board — with some areas heating up and others balancing out. Whether you're watching the Reno/Sparks core or keeping tabs on areas like Fernley, Carson City, and Minden/Gardnerville, this report delivers insights that help buyers and sellers make confident decisions.
🔍 Reno Market Overview
Median Sales Price: $670,000 (⬆ 5.0% from last month)
Active Inventory: 770 (⬆ 8.8%)
Closed Sales: 289 (⬆ 6.6%)
Median Days to Contract: 19 (⬆ 5.6%)
Reno continues to show strength in price growth and buyer activity. More homes are hitting the market, and they're still moving — although median days to contract have inched up slightly. It’s a good time to list if you’ve been waiting for the right conditions.
💡 Sparks Market Overview
Median Sales Price: $559,000 (⬆ 0.7%)
Active Inventory: 356 (⬆ 11.3%)
Closed Sales: 143 (⬇ 7.0%)
Median Days to Contract: 26 (⬆ 62.5%)
Sparks saw a jump in listings but fewer closings in June, which could suggest a shift in buyer pace or price sensitivity. Homes here are still attracting attention, but timing and presentation are critical right now.
🏡 Fernley Market Snapshot
Median Sales Price: $415,000
Inventory and closed sales declined slightly, but prices remain solid.
A more affordable option with room for growth, Fernley is a smart watchlist area for those priced out of Reno/Sparks.
🌲 Carson City & Minden/Gardnerville
Carson City: Median price nearly $600K with a big rise in days to contract — sellers may need to be more strategic.
Minden/Gardnerville: Strong pricing and high inventory growth paired with fewer days to contract signal a highly active and competitive market.
Why This Matters
The numbers show a mix of rising opportunities and signals to stay sharp. In today's market, having the right real estate partner matters more than ever. The Kinney and Renwick Team helps you break down trends, stay ahead of local shifts, and make confident moves in Reno, Sparks, and beyond.
🔚 Final Takeaway
The market in Reno, Sparks, and the surrounding areas continues to shift — with pricing strength, rising inventory, and regional variation that makes a strategic approach more important than ever. Whether you're planning to sell, exploring opportunities, or just watching the trends, having the right insights makes all the difference.
When you’re ready to make your move, reach out to the Kinney and Renwick Team. With deep local expertise and proven marketing strategies, we help sellers stay one step ahead and buyers make smarter decisions.
Robin, Kevin and Sophie
Kinney and Renwick Team
License #'s: S067935 | BS0141620 | S197254
📧 [email protected]
📞 (775) 391-8402
🌐 https://kinneyandrenwickteam.com/
