How will luxury sales trends change this year?

The 2021 Luxury Trends report has arrived and what a year it was. The luxury real estate buying boom, which started in 2020, grew frantic in 2021. In both years, luxury buyers headed to less populated areas to escape pandemic fears and restrictions and gain some much needed space while spending a lot of their time at home. 

Read on for all of the latest details!

What's Ahead for Luxury Sales:

• Low standing inventory which will continue to increase (or maintain) prices
• New construction for luxury homes will be hampered by supply chain issues, rising cost of materials, and labor shortages
• Most, but not all, luxury buyers will want a move-in ready home with little to no remodeling or updating

We are incredibly excited to share that we will be a sponsor for Montrêux Golf and Country Club’s very own Concert on the Green again for the 20th year! The Concert first kicked off in 2001 and has run every year since, with the exception of 2020 due to the COVID-19 pandemic. Dickson Realty has sponsored the event every year that it has taken place and we couldn’t be more honored to continue with the tradition. The concert returns this year on Sunday, September 19, with the picnic at 3:30pm and performance from 4pm – 6pm. We will be inviting all of our clients, colleagues, and friends to join us on the Patty Sheehan Practice Hole in the heart of Montreux’s beautiful gated and treed community.

 Be sure to bring your low-back chairs to join us for

The real estate market in Incline Village-Crystal Bay is red hot! This spring, the region closed the season by tripling its median home price as more people relocate to the area. The median sales price for a home in Incline Village and Crystal Bay was $2.53 million in April, nearly triple the number from just a year ago according to the data from Multiple Listing Service (MLS).

An increase in demand means that more and more properties are being snapped up quickly. The typical property spent a mere 58 days on market in average in April, down significantly from 200 days in April last year. The Bay Area has brought an influx of cash buyers, leaving their mark on the Tahoe real estate market. Between the appeal of wanting to live in Nevada for the

The founders of Dickson Realty envisioned a symbiotic relationship with the community. As our region has grown, Dickson Realty has been a proud partner in the challenge to improve the overall quality of life for everyone. Our passionate commitment to our community is reflected in service.

Over 325 owners, agents and employees are dedicated to giving back to the neighborhoods we helped to build. We support communities that serve you, plain and simple.

In the coming months, there will be additional phases and opportunities rolling out with the Dickson Community Fund, including:

•          a page on the website with great statistics and information about the Fund and its purpose
•          a form for the public and our clients to contribute

We hope that you and your family are staying safe and healthy as we have closed out 2020 and its tremendous challenges. We are looking forward to what 2021 has to bring and feeling hopeful for the future!

Last year we saw some big changes in luxury real estate trends. First, the Luxury Market in 2020 in Northern Nevada has been completely redefined due to the influx of Californians leaving the state and staking their claim in Reno-Tahoe. This means that we saw the number of properties priced and sold at $1,000,000 and up increase by a large margin. Many buyers are also offering anywhere from $5,000 to $100,000 over listing price, making the market a dream for sellers. Inventory has been at an all-time low and now’s an incredible time to sell your home

Where in the world can you soak up phenomenal alpine views and enjoy renowned outdoor recreation in all four seasons? Why, Incline Village of course!

Snow enthusiasts know that we are in the best part of winter and this has spurred an interest in the Incline Village real estate market. With the changes from the pandemic at top of mind, people are looking to switch from urban living to the expansiveness of the Sierra Nevada landscape.

An influx of buyers coupled with quickly moving inventory makes Incline Village real estate a hot market for both sellers and buyers alike—even when temperatures drop. In December 2020, 92 single-family homes and condos were available on the market—a 48.6% decrease year over year. So, it’s no surprise that the available

Nestled in an exclusive cul-de-sac in Northern Nevada’s premier Montrêux Golf & Country Club, this distinctive brick home at 5610 Mont Blanc Court offers eight lavish garage bays, including turn-key RV storage large enough for a 45-ft Marathon Motor Coach. The sheer size of the garage is extraordinary, but the garage amenities inside are just as impressive: hydronic heating, epoxy floors with a drain system, two Reznor unit heaters, a full bathroom with washer and dryer, and complete RV hookups. 

The multi-generational apartment over the garage has separate access, is pre-plumbed for a kitchen, offers a full bath, washer and dryer, TV, its own heating system, and a large cedar closet. Below the garage is a brand new 750+ bottle Wine Cellar that

The fantastic single-story at 16925 Delacroix in Montreux, Reno offers exceptional curb appeal. The extensive paver entrance leads you to a private front courtyard, welcoming you home. The architecture is French-inspired and blends beautifully with the alpine setting. 

This home offers the ultimate floor plan – a luxurious Master Suite on one end and a Bonus Room bookended by two Bedroom Suites on the other. There are plentiful windows throughout, which provide an abundance of natural sunlight. The elegant arched hallways and vaulted ceilings add to the open-concept space. 

Upscale finishes include gorgeous Brazilian Cherry hardwood floors and quality window shutters throughout. The Gourmet Kitchen features a Monogram convection microwave,

Ready to upgrade to maintenance-free living? Here’s your chance to own a luxury home in the Cottages at Montrêux. Nestled in a lovely cul-de-sac, this charmer greets you with beautiful curb appeal. The extensive stonework, stunning architectural lines, and paver driveway welcome you home. 

With the vaulted ceilings and plentiful windows, the home is bathed in natural sunlight. The formal living and dining rooms have direct access to the backyard patio, where you can enjoy the peaceful treed setting.

 The Great Room features one of the home's three fireplaces. With the built-in entertainment center and Wet Bar, it's the perfect casual gathering place. There is gorgeous Travertine tile throughout the first level, with hardwood flooring

By Dickson Realty Guest Blog Writer Chris Galli

If you’re looking for March things to do in Reno and Sparks, then you’ve found the right post! No matter if you want to race against a leprechaun, plan the perfect wedding, or support a nonprofit, you can do it all at one of the many March events in Reno/Sparks. For our top picks, keep reading!

Free Wedding Faire

• When: Sunday, March 1, 2020
• Where: My Wedding Library, 13945 S Virginia St, Ste 618, Reno
• More Information

Join Reno/Tahoe area event professionals for this free wedding fair, presented by My Wedding Library. My Wedding Library connects engaged couples with local Reno/Lake Tahoe wedding vendors, and helps couples to compare local vendors, read other brides’ reviews