A market can feel competitive for one buyer and slow for another at the same time. That is why Melissa looks beyond a single median or citywide percentage.

Inventory tells only part of the story

Active listings show choice, but they do not reveal condition, location or seller motivation. Compare new listings, pending activity and recent closings within the part of South Reno and price range that actually match your goal.

Days on market need context

A well-prepared home can move differently from one that launched high or needs work. For buyers, time on market may create negotiating room—but the listing history and comparable sales still matter.

Make the report personal

  • Sellers: compare your condition, updates, lot and competing listings.
  • Buyers: separate list price from likely market value and monthly ownership cost.
  • Both: use current neighborhood-level MLS data before making a decision.
Need current numbers? Monthly figures age quickly. Ask Melissa for a current MLS snapshot tailored to your neighborhood and property type.