Dickson Realty Luxury Trends Q2 2015 for Reno/Sparks

Page 1

Luxury Trends 2015 Market Report from the Market Leader

2nd Quarter 2015 DicksonLuxury.com


COVER PROPERTY FEATURED:

339 Anitra Dr Reno NV 89511 $5,480,000 MLS #150007415

Welcome

TO OUR 2ND QUARTER 2015, LUXURY MARKET REPORT. The first half of 2015 was positive for luxury home sales in the Reno area. In the second quarter alone, there were 30 home sales over $1 million, which is a 76.5% increase in sales compared to 17 in the first quarter. Sales were strong in most neighborhoods; however, two areas in particular had the most activity, with 5 sales in the Eaglesnest community of Caughlin Ranch and 7 sales in Montrêux. While sales have increased in 2015, the luxury home market remains oversupplied with approximately two years of inventory over $1 million. Correctly pricing your home to sell in this highly competitive market is key to a successful sale within a reasonable timeframe. Whether buying or selling, call one of the Luxury Specialist agents at Dickson Realty to help achieve your real estate goals. We look forward to the opportunity to work with you.

—CEO Dickson Realty

2015 vs. 2014 Luxury Home Averages over $1 million Comparing January 1 - June 30 2015 to same period 2014

+15

+.93%

-3.81%

+18.8%

TOTAL UNITS SOLD

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SF

AVERAGE DAYS ON MARKET

2015: 47 2014: 32

2015: $1,552,401 2014: $1,538,091

2015: $282.17 2014: $293.35

2015: 285 2014: 240


Top 5 Luxury Real Estate Companies 2015 Market Share for Reno/Sparks Homes Sold Over $1 Million*

45.04%

DICKSON REALTY Chase International 17.64% Coldwell Banker 7.94% Ferarri-Lund 6.69% Sierra Sotheby’s 4.10%

Active Listings Over $1 Million

Q2 Sold Listings Over $1 Million $1,000,000– $1,499,999

$1,000,000– $1,499,999

50.00% $2,500,000 and higher

60.0%

$2,500,000 and higher

3.33%

14.74%

$2,000,000– $2,499,999 $2,000,000– $2,499,999

$1,500,000– $1,999,999

16.67%

18.59%

16.67% $1,500,000– $1,999,999

20.0%

$1,000,000– 78 Active Listings $1,499,999 $1,231,444 Average Price

$1,000,000– 18 Sold Listings $1,499,999 $1,220,714 Average Price

$1,500,000– 29 Active Listings $1,999,999 $1,753,920 Average Price

$1,500,000– 6 Sold Listings $1,999,999 $1,664,000 Average Price

$2,000,000– 26 Active Listings $2,499,999 $2,330,957 Average Price

$2,000,000– 5 Sold Listings $2,499,999 $2,235,000 Average Price

155 Average Days On Market

242 Average Days On Market

206 Average Days On Market

$2,500,000 23 Active Listings and higher $4,114,621 Average Price

290 Average Days On Market

307 Average Days On Market

177 Average Days On Market

353 Average Days On Market

$2,500,000 1 Sold Listings and higher $8,000,000 Average Price

1031 Average Days On Market

*Source: Northern Nevada Multiple Listing Service (NNRMLS) transaction volume for sold transactions over $1 million for all Reno/Sparks areas (Area 100), January 1-June 30, as of July 6, 2015.


Significant Dickson Sales 2nd quarter 2015

SOLD $2,300,000

Seller Representation by Dickson Realty

SOLD $2,200,000

Seller & Buyer Representation by Dickson Realty

SOLD $1,585,000

Seller & Buyer Representation by Dickson Realty

Montrêux

Montrêux

Eagles Nest

SOLD $2,200,000

Seller & Buyer Representation by Dickson Realty

SOLD $2,180,000

Seller & Buyer Representation by Dickson Realty

SOLD $1,480,000

Seller & Buyer Representation by Dickson Realty

Southwest Reno

Montrêux

Eagles Nest


Current Dickson Luxury Listings Click on the MLS number to view each listing online.

$5,480,000

MLS #150007415

$4,800,000

MLS #150002576

$4,500,000

MLS #140015612

$3,199,000

MLS #140014759

$2,999,000

MLS #130013061

$2,995,000

MLS #150008073

$2,775,000

MLS #140010487

$2,765,000

MLS #140003232

$2,695,000

MLS #150005728

$2,595,000

MLS #140010060

$2,500,000

MLS #150002583

$2,495,000

MLS #150007996

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO


Current Dickson Luxury Listings Click on the MLS number to view each listing online.

$2,485,000

MLS #150008410

$2,475,000

MLS #140000142

$2,450,000

MLS #140008664

$2,395,000

MLS #130007672

$2,390,000

MLS #140010943

$2,388,000

MLS #150003878

$2,199,000

MLS #130008530

$2,188,000

MLS #150001093

$2,188,000

MLS #150003869

$2,125,000

MLS #140012423

$1,895,000

MLS #140011133

$1,985,000

MLS #130007872

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO


Current Dickson Luxury Listings Click on the MLS number to view each listing online.

$1,899,000

MLS #150007048

$1,795,000

MLS #140012641

$1,850,000

MLS #150009039

$1,790,000

MLS #120007781

$1,699,000

MLS #150001974

$1,669,700

MLS #140002121

$1,645,000

MLS #150000733

$1,599,000

MLS #150005814

$1,599,000

MLS #150004497

$1,595,000

MLS #150006311

$1,575,000

MLS #140004175

$1,450,000

MLS #150007597

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO

RENO


Current Dickson Luxury Listings Click on the MLS number to view each listing online.

$1,398,000

MLS #140007154

$1,350,000

MLS #150006260

$1,299,000

MLS #140009167

$1,294,000

MLS #150001581

$1,159,000

MLS #150001334

$1,245,000

MLS #150001077

$1,135,000

MLS #150002107

$1,200,000

MLS #150005807

$1,199,000

MLS #150004011

$1,199,000

MLS #150007075

RENO

RENO

RENO

RENO

RENO

RENO

RENO

VERDI

$1,300,000 RENO

$1,250,000

WASHOE VALLEY

RENO

RENO

MLS #150002255

MLS #150009037


Current Dickson Luxury Listings Click on the MLS number to view each listing online.

$1,190,000

MLS #150006483

$1,185,000

MLS #150005109

$1,175,000

MLS #130013962

$1,175,000

MLS #140016113

$1,174,900

MLS #150001744

$1,100,000

MLS #150008103

$1,099,000

MLS #150002445

$1,050,000

MLS #140015481

$1,050,000

MLS #150005087

RENO

RENO

RENO

RENO

RENO

RENO

$1,014,000 RENO

MLS #150007268

RENO

RENO

RENO


DOWNTOWN RENO 775.324.7000

CAUGHLIN RANCH 775.746.7000

DAMONTE RANCH 775.850.7000

SOMERSETT 775.746.7222

TRUCKEE 530.587.7444

GRAEAGLE 530.836.1700

DONNER LAKE 530.587.4811

MONTRÊUX 775.849.9444

DicksonLuxury.com | luxury@dicksonrealty.com

© 2015 Dickson Realty. All rights reserved. Although the information above is deemed reliable, Dickson Realty does not guarantee its accuracy.

SPARKS 775.685.8800


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.