Greetings from Reno-Tahoe!

To our friends, clients, and colleagues in 2024 - we wish you a wonderful start to the New Year! We have been the recipient of much-anticipated snow in the mountains this month and all the skiers have been busy shredding the slopes. Here in the Reno area, we've had a little bit of rain, a little bit of snow, a little bit of sunshine.

On the real estate side, 2023 was a solid year for the luxury market in Northern Nevada. In the Reno-Sparks area, sales from January to December 2023 matched the number of luxury homes sold in 2022. (At Dickson Realty, we consider $2,000,000 as the starting price for a luxury home in our region.)

In both 2022 and 2023, 98 homes were sold. Comparing the two years, sales price in 2023 saw

Photo courtesy of Montreux Golf & Country Club

The 3rd Quarter Luxury Trends Report just dropped! We saw positive momentum in all categories, with the "Total Homes Sold" down by literally just one transaction year-over-year. To read the report in its entirety, please click here. 

"It's an exciting time to live in Northern Nevada and witness the economic growth and prosperity that is occurring."

The stats below represent all Montrêux real estate sales activity from January 1, 2019 to-date.

HOME

Home Sales: 36

Average Price: $1,992,646

Average Price-Per-Square-Foot: $428.37

Highest Home Sale: $4,750,000

Current "Pending" Homes: 12

LOTS

Lot Sales: 11

Average Price: $370,909

Highest Lot Sale: $550,000