In the trailing 30 days of MLS closed-sale records, homes priced between $400k and $500k are selling fastest in Sparks, with a median DOM (days on market) of just 41 days.
1. $400k–$500k
Homes in the $400k to $500k price range have been moving quickly, with a median DOM of 41 days and 80% of sales closing at or over asking price. The median sale-to-list ratio is exactly 100%, indicating that homes are selling close to their list prices.
2. under $400k
Properties priced below $400k have a median DOM of 50 days and 59% of sales closing at or over asking price, with a median sale-to-list ratio of exactly 100%.
3. $600k–$750k
Homes in the $600k to $750k range have a median DOM of 51.5 days and 58% of sales closing at or over asking price, with a median sale-to-list ratio of exactly 100%.
4. $500k–$600k
Properties priced between $500k and $600k have a median DOM of 54 days and 71% of sales closing at or over asking price, with a median sale-to-list ratio of exactly 100%.
5. $750k–$1M
Homes priced between $750k and $1M have the longest median DOM at 68 days, but only 38% of sales close at or over asking price, with a median sale-to-list ratio of 99.1%.
What this data does and doesn't say
This ranking is computed from MLS closed-sale and active-listing records for residential properties in Sparks, covering the trailing 30 days. Single-month medians can be unreliable indicators for thinly traded segments. The figures come from the same dataset behind the Biggest Little Market Report.
Questions people ask
- Q: How long do homes typically stay on the market?
A: Homes priced between $400k and $500k have a median DOM of just 41 days, making them the fastest-selling segment.
- Q: What percentage of sales close at or over asking price?
A: In the $400k to $500k range, 80% of sales closed at or above their final list prices.
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