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    Market Updates

    July 9, 2021
    During June 2021, the report showed Reno/Sparks had 633 sales of existing single-family homes: an increase of 17.2
    percent from May 2021 and a 12 percent increase from June 2020. The report listed the median sales price for an existing
    single-family residence in Reno/Sparks in June 2021 at $530,000; an increase of 5.7 percent from last month and a 30.2
    percent increase from the previous year. All sales numbers are for existing “stick built, single-family dwellings” only and do
    not include condominiums, townhomes, manufactured, modular or newly constructed homes.

    The median sales price of an existing condominium/townhome in Reno/Sparks in June 2021 was $276,000; an increase of 17.4 percent from last year.
    Reno (including North Valleys)

    June 2021

    Reno (including North Valleys) had 459 sales of existing single-family homes: an increase of 20.8 percent from
    last year and an increase of 24.7 percent from May 2021. The median sales price in Reno for an existing single-family
    residence in June 2021 was $550,000; no change from the previous month and an increase of 32.5 percent from 2020. All
    sales numbers are for existing “stick built, single-family dwellings” only and do not include condominiums, townhomes,
    manufactured, modular or newly constructed homes. The existing condominium/townhome median sales price for June
    2021 in Reno was $278,000; an increase of 5.9 percent from the prior year.

    Sparks (including Spanish Springs)


    Sparks (including Spanish Springs) had 174 sales of existing single-family homes in June 2021: a decrease of 5.9 percent
    from last year and a 1.2 percent increase from the previous month. The Sparks median sales price for an existing single-family residence in June 2021 was $481,750; an increase of 22 percent from last year and an increase of 6.1 percent from
    May 2021. All sales numbers are for existing “stick built, single-family dwellings” only and do not include condominiums,
    townhomes, manufactured, modular or newly constructed homes. The existing condominium/townhome median sales
    price for June 2021 in Sparks was $260,000; an increase of 28.1 percent from last year.

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