Categories > New Construction Condos in the Reno Area

Currently, there are 7 ACTIVE Condo Listings at this time for the New Construction Condos in the Reno Area category. Asking Prices range from $285,000 to $469,990 with an average price of $385,627 and an average price per square foot of $255.

Most of the new condo building in the Reno area is happening outside of downtown, and it's townhomes that are the rage. Communities like DR Horton's Sterling Ridge in Sparks give buyers the opportunity to buy at a price point under most homes. But new construction is coming back to downtown Reno as well, with the West Second Street development project. The newest addition to West 2nd is the Residences at 235 Ralston, a shiny new midrise condo development.

Watch this page for other new condo or townhome developments in the Reno area if the idea of buying something brand-spanking new appeals to you.

Over the last 90 days, 3 condos have sold in New Construction Condos in the Reno Area. Final sale price ranged from $340,000 up to $469,990 pending possible revisions. The median sale price was $456,000 with a median Price Per Square Foot of $338.

With currently 7 active listings, the absorption rate for this category is approximately 7 months of inventory. More than four months supply of condos for sale means it's a buyers market and some sellers may be motivated.

Condo Mania Agent:
Tim Koskinen

Reno-Tahoe Realty Group
Broker Associate #BS.0144954
Phone: 775-303-2614

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