Reno–Sparks Real Estate Market: December 2025 Recap & What’s Ahead

Happy New Year and welcome to 2026! As we kick off the new year, it’s the perfect time to look back at how the Reno–Sparks and Washoe County real estate market finished 2025. And it is a perfect time to understand what homeowners and buyers should be thinking about as we head into the months ahead.

In my latest podcast, we break down the December 2025 housing numbers, recap the full 2025 real estate year, share an important Washoe County property tax assessment tip, and answer the most common questions South Reno homeowners asked us in 2025.

👉 Watch the full video here: 

How December 2025 Closed Out the Year

In the Reno-Sparks real estate market,  December wrapped up the year with steady, balanced market activity. In our video podcast, we examine how median sale prices and closed sales performed in the final month of 2025 and what those numbers reveal about buyer confidence heading into the new year.

While seasonal slowdowns are typical in winter, the data shows that motivated buyers are still active. This is especially true for well-priced, well-prepared homes.

The Big Picture: 2025 Housing Market Recap

Looking at the full year gives us important context. In the video, we recap:

• Overall home price trends throughout 2025

• Total sales volume compared to prior years

• How inventory levels shifted as interest rates fluctuated

Despite higher rates for much of the year, Reno–Sparks real estate remained resilient, supported by strong local demand and limited housing supply.

Why Low Inventory Still Favors Sellers

One of the biggest storylines heading into 2026 is inventory. With just a 1.8-month supply of homes, we’re still well below what’s considered a balanced market. 

Low inventory continues to support home values, limit buyer options, and reward sellers who price and prepare strategically. This is especially true in desirable South Reno neighborhoods.

Important Tip: Understanding Your Washoe County Assessment Notice

If you’re a homeowner, this part of the video is a must-watch. We walk through what to look for on your Washoe County property tax assessment notice, including:

• The difference between low cap vs. high cap properties

• Why this matters for your annual tax bill

• How Nevada’s property tax system differs from California’s reset-on-sale model

Many homeowners overlook this notice, but understanding it can help you better plan for future expenses. Homeowners are also encouraged to read our blog on this topic: Expert Insights: Your Washoe County Real Property Assessment Notice.

Should You Wait Until Spring to Sell?

This is one of the most common questions we hear from our sellers. In the video, we explain:

• When it makes sense to sell now versus waiting

• Why preparation often matters more than timing

• How starting early can position you ahead of spring competition

Even if you plan to sell later in 2026, beginning the conversation now can give you a significant advantage.

Downsizing in 2026: Timing Matters

Downsizing continues to be a popular topic.  Many homeowners choose to downsize to simplify their lifestyle and reduce ongoing expenses. It’s often a way to better match their home to their current needs while unlocking equity for travel, retirement, or new priorities. For those thinking of downsizing in 2026, we discuss some important aspects in our podcast, including:

• When downsizing makes financial and lifestyle sense

• Why does the process typically take 3–6 months of planning

• How taxes, inventory, and replacement housing all factor in

Early planning is essential to making a smooth transition.

Are Buyers Still Out There?

Yes! Buyers are absolutely still active. We also expect to see an increase in buyers in 2026. In the video, we also touch on:

• Current buyer demand

• How potential rate cuts in 2026 could impact affordability

• Why are some buyers positioning themselves now, ahead of increased competition

Which Upgrades Actually Matter for Resale?

Not all improvements offer the same return.  Kitchen and bathrooms are still top of the list! Fresh paint also makes a huge difference. In the video, we touch on a few tips for sellers to help get their homes ready for the market. 

Let’s Talk About Your 2026 Plans

If you have questions about the Reno–Sparks market, South Reno neighborhoods, or are thinking about buying or selling this year, we’re happy to help.

📞 Call or text:   (775) 525-0309 
📧 Email: Ken@livinginsouthreno.com

And don’t forget to watch the full video market update here: 

About Our Real Estate Team

The Angst Real Estate Team is the top real estate authority in Northern Nevada and is always available to answer your real estate questions. Send us an email or call/text at (775) 525-0309 for a free, no-obligation consultation. Be sure to also like and subscribe to our YouTube Channel. Our channel is the place to go when you're looking for the latest information about the dynamic and diverse Reno/Sparks Real Estate Market. We frequently post video podcasts about important topics that matter to our Reno/Sparks Real Estate Tribe. Let's embark on this real estate journey together!

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