After a prolonged bull market, the Reno real estate market is slowly creeping back toward equilibrium. Supply, tightly constrained for a period of years, is slowly tilting away from the dramatic favor of sellers increasing by nearly 23% from the same period last year. Often the last to understand a changing market, sellers continue…
The first signs of a market cooling may be revealing themselves as transactions lag and inventory accumulates in the greater Reno area. The total number of transactions has been declining for much of 2018 which was easily blamed on an inventory shortage that could be described as extreme. However, new listings have jumped 10% month…
The local real estate market had spent much of 2018 in a latent state with high demand constrained by unusually tight supply. As is often the case, spring brought a wave of new inventory allowing the market to show kinetic energy in the form of increased deal flow. With inventory up nearly 10% from previous…
3810 Ranch Crest Drive CAUGHLIN RANCH3 bed | 2.5 bath | 2,405 sq.ft.$488,000 This new listing in Vista Pointe at Caughlin Ranch is an ideal family home with a wonderland backyard perfect for summer BBQ’s and playing games. Ample natural light throughout the 3 bedrooms, 2.5 bathrooms plus a bonus loft space. Community pool, tennis courts, and walking…
Conditions defining the performance of real estate in the Reno-Sparks region during the first half of 2018 are satisfyingly linear. Reduced supply combined with surging demand have resulted in slightly fewer sales at substantially higher prices. The region made headlines in the second quarter by exceeding a median sale price of $400,000 for the first…
Thursday, July 12 at the Arrowcreek Clubhouse 2905 Arrowcreek Pkwy, Reno, NV 89511 4 – 7pm Professional childcare is available during the event. Benna Mountain Luxury invites you to the kick-off of our summer event series. Come enjoy an evening at the Arrowcreek Clubhouse, meet our team of Reno market experts, enjoy light…
115 Cliffrose Circle GALENA FOREST 4 bed | 4 bath | 2,790 sq.ft. $729,000 Ideal Galena Forest Estates Home. Fantastic floor plan with all bedrooms on main level and bonus room/loft upstairs. Immaculate landscaping with large deck among the big pines. High end Jenn Air kitchen appliances, granite countertops, new pellet stove, central vacuum, wine…
Join us this Sunday for the Reno – Tahoe Luxury Home Preview Tour. Available to tour is a premiere ArrowCreek estate and an exceptional Galena Forest home. Sunday, May 27thFrom 1:00 – 3:00PM ARROWCREEK – 5764 Indigo RunGALENA FOREST – 115 Cliffrose Circle 5764 Indigo RunARROW CREEK5 bed | 5.5 bath | 5,836 sq.ft.$1,699,000 Property Details > 115…
JUST LISTED 916 Howard Ave GILROY, CA 95020 3 bed | 2 bath | 1,890 sq.ft.s $765,000 Gorgeous turnkey home only one block from Rod Kelley primary school. Boasting a spacious 3 bedroom and 2 bath floor plan on a single level. A stunning new kitchen and backyard built for entertaining or family fun makes…
5764 Indigo Run ARROW CREEK 5 bed | 5.5 bath | 5,836 sq.ft. $1,699,000 Spectacular custom estate located in the desired Arrowcreek community with 5 bedrooms, 5.5 bathrooms, 5,836 square feet of living space, and a 4-car heated garage. This luxury estate with high-end finishes and amenities is situated on a 1.04 acre corner…
