3Q 2024 Reno-Sparks Residential Activity Report Now Available
- 3Q updates saw four projects added to the residential pipeline, two multifamily, one senior, and one townhome project. Another project, the old Lakeridge tennis courts is now applying for multifamily units after obtaining approvals for townhomes.
- 3Q updates also eliminated 8 single-family developments that sold out in the second quarter.
- New single-family home sales experienced a nice uptick in 3Q 2024, hitting a 13% higher sales volume than 2Q 2024, and 26% higher than 3Q 2023 sales.
- New home sales in Spanish Springs led the way with 221 (65%) of the total 340 new home sales in Reno-Sparks.
- Single-family home permits increased 3.1% in 3Q 2024 compared to 3Q 2023, but multifamily permits remained flat.
- However, we are still tracking just shy of 6,000 multifamily units that are under construction. This total includes senior and affordable housing developments.
As always, feel free to contact me with spot data/questions, or any other information needs.
Brian Bonnenfant
Project Manager
Center for Regional Studies
University of Nevada, Reno
(775) 784-1771
View report by subregions CLICK HERE
Filters Sort results
Reset Apply
Image | Name | Price | Add to cart |
|---|---|---|---|
 | $375.00 | ||
| $175.00 | ||
| $175.00 | ||
| $175.00 | ||
| $175.00 | ||
| $175.00 | ||
| $175.00 | ||
| $175.00 | ||
| $175.00 | ||
| $175.00 |