Is Crystal Bay, NV 89402 a buyer’s or seller’s market?
Crystal Bay is a buyer’s market. With about 8.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Crystal Bay housing market right now
In the three months ending August 31, 2026, 0% of homes in Crystal Bay, NV 89402 sold above their list price, the typical home went under contract in 84 days and there were 8.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (90 days then) and the median sale price rose 51% to $10,645,394. Overall, Crystal Bay is about as competitive as it was a year ago.
Within Washoe County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Reno 89512 (32% sold over asking) and Reno 89519 (28% sold over asking) are even more competitive.
Run the numbers for 89402
Nearby markets
Incline Village 89450Seller’s market $753 /sq ftIncline Village 89451Balanced $763 /sq ftReno 89501Balanced $352 /sq ftReno 89502Seller’s market $310 /sq ft Browse all markets →Where Crystal Bay is
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Questions about Crystal Bay real estate
Is Crystal Bay a buyer’s or seller’s market?
A buyer’s market: there were 8.5 months of supply in Crystal Bay, NV 89402 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Crystal Bay?
The typical home went under contract in 84 days in the latest three months.
Do homes in Crystal Bay sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.9% of the list price.
What are property taxes in Crystal Bay?
About 0.44% of a home’s value a year in Washoe County, or roughly $1,760 on a $400,000 home.
What is the median home price in Crystal Bay?
The median sale price was $10,645,394 in the three months ending August 31, 2026, about $2,648 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology