The Reno real estate market is entering spring with a few twists. Inventory remains relatively tight, but well-prepared homes are moving quickly—especially those priced strategically and presented with transparency.
For Buyers:
While competition has eased slightly compared to peak market seasons, attractive properties still move fast. Mortgage rates are fluctuating week to week, so it’s important to stay pre-approved and ready to act. The good news? There are more potential opportunities for negotiation, particularly on homes that have been sitting for a few weeks or more.
For Sellers:
Spring is typically one of the most active times of year, and 2025 is shaping up to be no different. Buyers are looking for move-in ready homes with disclosures in place—this is where the Chase Ready program makes a difference. Sellers who handle prep work upfront may see fewer days on market and fewer surprises during escrow.
Overall Market Pulse:
Reno’s growth continues to attract both local movers and out-of-area buyers, and pricing is holding steady in most neighborhoods. While we’re not in a frenzy like years past, this season offers a balanced window of opportunity for both sides of the deal.
Thinking about a spring purchase or getting your home market-ready?
Let’s talk about what updates make the most impact in today’s Reno market. We’re here to guide you every step of the way.
Robin, Kevin and Sophie
Kinney and Renwick Team
License #’s: S067935 | BS0141620 | S197254
[email protected]
(775) 391-8402
kinneyandrenwickteam.com
