Luxury Trends Mid-Year 2021 Luxury Report from the Market Leader
Mid-Year 2021 DicksonLuxury.com
Welcome to our Mid-Year Luxury Trends
COVER PROPERTY:
2550 Old Waverly Ct We are continuing to see the effects of low interest rates, high stock market Sparks, NV 89436 returns, low inventory and high buyer demand through the end of June. From $2,370,000 MLS# 210009497 January to June 2021, our luxury market sales increased from 98 homes sold
in 2020 to 266 homes sold in 2021, for a 171% increase. The average sold price has increased by 10.4%. It was interesting to see that only 17 homes out of the 266 homes sold (through MLS) were new construction. Dickson’s Vice President of Luxury, Rebecca Dickson, notes with the cost of new construction approaching $700 per square foot, most buyers are focusing on resales. Of the balance of homes sold that were resales, it does not appear age is a factor with 45% of sales 21 years or older and 54%, 20 years or younger. While we are not forecasting a significant change in our luxury market through the year end, we are beginning to see slight changes that may signal some emerging trends for the future. The most obvious change is an increase in luxury homes available for sale. With more homes being available to purchase, we have a decrease in what is referred to as the “desperation of buyers”. In the past 30 to 45 days buyers are being more conservative in what they are willing to pay. “As employees go back to work and children go back to school, buyers may not be feeling the urgent need for larger homes that we have witnessed in the past year. We also need to be aware that some companies in our area that offer higher paying jobs are also implementing hiring freezes. This may reduce the frantic purchase efforts in our market” says VP of Luxury, Rebecca Dickson. This trend was validated on a recent call with 10 other luxury companies around the country who have noticed the same change in their markets. Luxury buyers are not having the same “sky is the limit” attitude as in the past. My point is even in this robust sellers market, it is still important to price your house correctly in order not to limit your home’s potential. Asking a high price doesn’t mean you are going to sell your home. The appreciation of our average luxury sales price of 10.4% is already a big number and by adding an unrealistic higher price on top of that may deter buyers, causing your home to sit on the market longer or require a price drop that can raise questions among prospective buyers. We would like to offer this advice; if you are thinking of putting your luxury home on the market, be strategic in your pricing. You will get a remarkable price for your home in this market, but there is a fine line between receiving top dollar and asking an unrealistic price. Pricing is a fine art, especially in today’s market. We hope that you consider working with one of the many fine luxury experts at Dickson Realty who can guide you in the value of your home and help you set a price that’s both realistic and attainable. Have a lovely summer and stay cool! Sincerely,
— CEO, Dickson Realty
Jan-Jun
2021 vs. Jan-Jun
2020 Reno/Sparks Sales Over $1 Million*
+171%
+10.4%
+17%
-45%
TOTAL HOMES SOLD
AVERAGE SOLD PRICE
AVERAGE PRICE PER SF
AVERAGE DAYS ON MARKET
2021: 266 2020: 98
2021: $1,640,468 2020: $1,485,710
2021: $394.97 2020: $337.20
2021: 97 2020: 176
*Source: Northern Nevada Multiple Listing Service (NNRMLS) residential volume for transactions over $1 million in all Reno/Sparks areas (Area 100), January 1 - June 30, 2021, as of 7/7/2021
Top 5 Luxury Real Estate Companies 2021 Market Share for Reno/Sparks Homes Sold Over $1 Million*
31.24%
DICKSON REALTY 10.44% chase 5.52% keller williams group one 4.74% re/max gold 3.66% coldwell banker select
Dickson Realty market share for Reno/Sparks homes sold over $2 million in 2021 =
41.81%
Dickson Realty market share for Reno/Sparks homes sold over $3 million in 2021 =
45.88%
Luxury Home Sales By Month Over $1 Million* 2021 vs. 2020
# OF UNITS SOLD
2021 2020
*Source: Northern Nevada Multiple Listing Service (NNRMLS) residential volume for transactions over $1 million in all Reno/Sparks areas (Area 100), January 1 - June 30, 2021, as of 7/7/2021
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ACTIVE as of 7/1/2021
Over $1 Million* In Reno/Sparks
SOLD Jan - Jun 2021
# OF ACTIVE & SOLD
Luxury Homes By Price Range
MILLIONS OF $
Months of Inventory
17 Days
20 Days
2021 2020
16 Days
MONTHS OF INVENTORY
Over $1 Million* In Reno/Sparks
MILLIONS OF $ *Source: Northern Nevada Multiple Listing Service (NNRMLS) residential volume for transactions over $1 million in all Reno/Sparks areas (Area 100), January 1 - June 30, 2021, as of 7/7/2021
RETHINKING
GREIGE
IN THE NEW DECADE As we enter a new decade, it may be time to reconsider arguably the hottest neutral of the 2010s — greige.
How did greige come to be a go-to trend in the first place? Two popular colors preluded this pick — beige and grey. “Beige had been a long-time, go-to neutral which started to grow tired, so grey became a refreshing palette,” says Dee Frazier, CEO and Principal Designer of the award-winning Dee Frazier Interiors in Plano, Texas. Frazier states that grey, too, has been popular for a long time, recalling that she has incorporated it in her designs as far back as the 1980s. “The problem with grey, however, is that it tends to be cold,” she says, and while people tend to enjoy warm colors, like beige, it needed to be made contemporary. “That’s where greige came along. It’s the best of the both worlds. It’s a fresh take on the grey family, but it has a warmer feel to it.” Homeowners enjoy greige because it acts as a blank canvas, complementing whatever color schemes it is paired with, whereas non-neutrals act as a statement that has to be thoughtfully planned around. The idea of the blank canvas also makes sense when someone is looking to sell a home — risky colors may put off a buyer, whereas a contemporary neutral like greige is non-distracting and instead provides buyers the opportunity to envision themselves living there. As a result, it’s no wonder that greige has taken over — it offers all the benefits of a neutral palette that is both contemporary and stylish. That being said, its long-reigning popularity means the shade is everywhere and, with that, is bound to come some fatigue.
“Some people are growing tired of [greige], but that happened with beige, too,” notes Frazier. The hue’s overexposure has also notably meant that perspective properties have taken on similar color schemes and, while beautiful, can appear too similar. As a result, those with greige walls may fail to stand out.
Article and images used with permission from Luxury Portfolio International®
Alternatives to Greige Those looking to make a memorable impression may want to consider incorporating bolder, non-neutral colors on the wall — blue, for example, is what Frazier recommends for those looking to sell.
Green is a great pick, especially emerald green, but be wary of greens that are “too yellow, too bright, or too 1980s.”
“Blue is timeless — people love blue,” describes Frazier, noting that it’s a popular pick among her clients in Texas. In fact, “Classic Blue” was named Pantone’s Color of the Year in 2020. Pantone described it as “instilling calm, confidence, and connection,” and that it “highlights our desire for a dependable and stable foundation on which to build as we cross the threshold into a new era.” These words, written in late 2019, feel particularly poignant with the uncertainty brought on by COVID-19, making “Classic Blue” an even more desirable pick when preparing your home for market.
Greige walls should act as a backdrop to the other design elements of the room.
The beauty of blue, too, is there is a shade for anyone, according to Frazier — one could lean towards the indigos and dark blues, or instead opt for a blue-green hue, like teal or turquoise. She continues that green, in and of itself, also makes for a great pick, particularly an emerald green. Alternatively, olive green works exceptionally for those still looking for warmer undertones. Frazier cautions, however, to be wary of greens that are “too yellow, too bright, or too 1980s.” Homeowners may also consider looking into trending and upcoming colors, however, it’s necessary to avoid colors that frighten people, Frazier notes, recalling a home she previously worked on that didn’t sell for three years due to its color scheme. After changing the palette, the home sold within two weeks.
The beauty of blue is there is a shade for anyone.
“Your house has to be personable in a way that buyers can envision themselves living there.” For those who prefer to stick with neutrals, it’s important to remember the two types of neutrals — browns, which includes beige, and the shades between white and black, which would include greige and grey, says Frazier. If you’re looking for warmth in your neutrals, consider the “new beiges,” which are less yellow than those previously popular, or perhaps a cream with warmer undertones.
Article and images used with permission from Luxury Portfolio International®
Neutrals can even be bold. Striking contrasts of black and white make just as much of a statement as non-neutral colors. Frazier describes an exceptional dining room she did with black wallpaper and a matte black ceiling, which was then contrasted with white woodwork and white crown molding. She completed the design by adorning the room with splashes of fuchsia, orange and purple.
Make a Greige Room Stand Out If you’re still committed to greige, find other ways to make your rooms stand out. Essentially, greige walls should act as a backdrop for the other design elements of the room. Frazier says in this case, “the house is greige, but what you see is everything around it, pulling the design together.” To accomplish this, she advises incorporating color in the artwork, décor, wallpaper and other accents.
When working with color, it’s important to ask yourself, “What’s our neutral base? What’s the first color we’d like to add in after that?” Frazier then expands that once you’ve established the neutral base and the non-neutral you’re looking to bring in, it’s time to determine the palette’s remaining complementary colors. Colors that are opposites on the color wheel are very strong together, whereas neighboring colors quietly balance each other out. For example, a striking match with blue is rust, because of rust’s orange tones, whereas blue with violet or green will create a calmer mood. Ultimately, the direction you’ll go with your design will depend on preference. Greige is understandably a popular color choice, however, the momentum is waning. Love greige? Go for it, but play with color and texture to make the room pop. Looking for something refreshing? Consider a “new beige” or classic colors. Whatever the pick, make sure it feels right for you.
Article and images used with permission from Luxury Portfolio International®
Incline Village Market at-a-glance 2ndQuarter Quarter 2021 2021 vs. vs. 2nd 2nd 2nd Quarter Quarter2020 2020 Incline Village/Crystal Bay - Single Family Homes Units Sold
2021
2020
(Luxury $1,000,000+) UNITS SOLD
51
75.9%
29
FROM LAST YEAR
Median Price MEDIAN PRICE
$2,175,000
20.8%
$1,800,000
FROM LAST YEAR
Average Sold Price/SQft. SOLD PRICE/SQFT
$845
22.8%
$688 Percent of List Price Received
FROM LAST YEAR
100﹪
100.3% 94.8%
*Source: Incline Village REALTORS® (IVR) residential volume for transactions over $1 million in Incline Village & Crystal Bay areas, January 1 - June 30, 2021
% OF LIST RECEIVED
5.8%
FROM LAST YEAR
Incline Village Market at-a-glance 2nd Quarter2021 2021vs. vs.2nd 2ndQuarter Quarter2020 2020 2nd Quarter Incline Village/Crystal Bay - Condos Units Sold
2021
2020
(Luxury $1,000,000+) UNITS SOLD
18
500%
3
FROM LAST YEAR
Median Price MEDIAN PRICE
$1,431,000
-11.3%
$1,612,500
FROM LAST YEAR
Average Sold Price/SQft. SOLD PRICE/SQFT
$738
-16.3%
$882 Percent of List Price Received
FROM LAST YEAR
100﹪
101.5% 96.3%
*Source: Incline Village REALTORS® (IVR) residential volume for transactions over $1 million in Incline Village & Crystal Bay areas, January 1 - June 30, 2021
% OF LIST RECEIVED
5.4%
FROM LAST YEAR
Available 5630 Alpinista Circle Reno, NV 89511 $2,795,000 Joseph Wieczorek 775-335-5962 MLS# 210010198
Current Dickson Luxury Listings Click on the MLS number to view each listing online.
PE
G
G
N
N
DI
DI
N
N
PE
$11,700,000 1030 Skyland
210008137
Debra Massie, 916-768-3030
$6,200,000 17 Beach Club
210003394
Debra Massie, 916-768-3030
PE N DI N G
$4,295,000
5875 Lausanne Drive
210002208
Sullivan, Neal & Gore, 775-849-9444
$4,000,000
6038 Breithorn Circle
210007985
Rob Wonhof, 775-750-2210
PE
PE
N
N
DI
DI
N
N
40 Lonepine Court
210008340
Rebecca Dickson, 775-742-2120
G
G
$2,885,000
$2,850,000
305 Timberlake Court
210008417
Troy Browning, 775-232-4509
C
N
e ov
PE
r
DI
H
N
om
G
e
$2,550,000
20845 Parc Foret Court
210002412
Sullivan, Neal & Gore, 775-849-9444
$2,370,000
2550 Old Waverly Court
210009497
Lori Welsh, 775-771-6574
Current Dickson Luxury Listings Click on the MLS number to view each listing online.
PE N DI N G
$2,298,000
2460 Mountain Spirit Trail
210006527
Lori Welsh, 775-771-6574
$2,260,000
200015329
20780 Parc Foret
Sullivan, Neal & Gore, 775-849-9444
PE
G
G
N
N
DI
DI
N
N
PE
$2,225,000
6736 Rabbit Brush Court
210008143
Joseph Wieczorek, 775-335-5962
$2,175,000 4415 Starwood
210008709
J. Cassinelli, 742-2846 & A. Gunter, 525-1528
PE
G
G
N
N
DI
DI
N
N
PE
$2,170,000
20820 Parc Foret Court
200016213
Sullivan, Neal & Gore, 775-849-9444
$2,150,000
20800 Parc Foret
PE
G
G
N
N
DI
DI
N
N
PE
$2,130,000
20825 Parc Foret Court
200015391
Sullivan, Neal & Gore, 775-849-9444
210002413
Sullivan, Neal & Gore, 775-849-9444
$2,000,000
6584 Champetre Court
210006039
Sullivan, Neal & Gore, 775-849-9444
Current Dickson Luxury Listings Click on the MLS number to view each listing online.
PE N DI N G
$1,995,000
305 Blue Spruce Road
210005436
Darlene Sharpe, 775-338-4102
$1,895,000
4145 Bunker Point Court
210010114
John Arnold, 775-742-1156
PE N DI N G
$1,890,000
2605 W Lakeridge Shores
210006318
Chris Hieke, 775-287-7169
$1,886,000
20805 Parc Foret Court
PE
G
G
N
N
DI
DI
N
N
PE
$1,885,000
20745 Parc Foret Court
200014498
Sullivan, Neal & Gore, 775-849-9444
200014496
Sullivan, Neal & Gore, 775-849-9444
$1,875,000
7225 Masters Drive
210006323
Sullivan, Neal & Gore, 775-849-9444
PE N DI N G
$1,850,000
4215 Palomino Circle
210008142
Joseph Wieczorek, 775-335-5962
$1,850,000
2485 Mountain Spirit Court
210009869
Rory Hickok, 775-742-7255
Current Dickson Luxury Listings Click on the MLS number to view each listing online.
PE N DI N G
$1,800,000
4690 Canyon Drive
210005574
Joe Leonis, 775-233-4946
$1,795,000
20765 Parc Foret Court
200014495
Sullivan, Neal & Gore, 775-849-9444
PE
G
G
N
N
DI
DI
N
N
PE
$1,795,000
210005398
$1,775,000
210010153
$1,765,000
2913 Miramis Court J. Wieczorek, 335-5962 & G. MacDonald 848-6687
4336 Beaujolais
200012274
Sullivan, Neal & Gore, 775-849-9444
PE N DI N G
$1,774,999
1895 Champion Hills
Maruf Akhter, 775-412-2000
20520 Margaux
PE
G
G
N
N
DI
DI
N
N
PE
$1,675,000 4312 Beaujolais
200013322
Sullivan, Neal & Gore, 775-849-9444
200013894
Sullivan, Neal & Gore, 775-849-9444
$1,665,000
5036 Bordeaux Court
180016453
Sullivan, Neal & Gore, 775-849-9444
Current Dickson Luxury Listings Click on the MLS number to view each listing online.
PE
G
G
N
N
DI
DI
N
N
PE
$1,650,000
4300 Beaujolais Street
200012936
Sullivan, Neal & Gore, 775-849-9444
$1,649,000 5090 Bella Court
210007454
T. King, 250-1306 & M. Wonhof, 750-5098
PE N DI N G
$1,599,000
8115 Twin Eagles Court
210003469
David Hughes, 775-771-1783
$1,589,000
3511 Cheechako Circle
210010028
Marilyn Minor, 775-742-1280
PE
G
G
N
N
DI
DI
N
N
PE
$1,580,000
20600 Chanson Way
200004494
Sullivan, Neal & Gore, 775-849-9444
$1,560,000
20785 Parc Foret Court
PE
G
G
N
N
DI
DI
N
N
PE
$1,500,000
6435 Dubrou Court
200014499
Sullivan, Neal & Gore, 775-849-9444
210009442
Sullivan, Neal & Gore, 775-849-9444
$1,495,000
210006844
2565 Painted River Trail C. Barrett, 848-5587 & P. Fletcher, 240-7970
Current Dickson Luxury Listings Click on the MLS number to view each listing online.
PE N DI N G
$1,460,000
4324 Beaujolais Street
200011416
Sullivan, Neal & Gore, 775-849-9444
$1,450,000
1240 Antelope Valley Road
210007409
Tess Best, 775-400-0343
PE
G
G
N
N
DI
DI
N
N
PE
$1,450,000
250 Black Pine Drive
210008969
Carol Bond, 775-690-1870
$1,400,905
905 Peace Pipe Loop
PE
G
G
N
N
DI
DI
N
N
PE
$1,300,000
11660 Eagle Peak Drive
$1,279,995
210009543
Tess Best, 775-400-0343
210008545
$1,295,000
210007198
$1,250,000
Savannah Beauchemin, 775-291-2202
280 Mystic Mountain Drive Felisa Cusimano-Martin, 775-250-8033
14542 Grey Rock Court
6102 S Pleasant Oak Trail
210005222
C. Alder, 745-5708 & D. Amos, 762-1732
210009958
Troy Browning, 775-232-4509
Current Dickson Luxury Listings Click on the MLS number to view each listing online.
PE
G
G
N
N
DI
DI
N
N
PE
$1,245,000
4410 Juniper Trail
$1,200,000
1027 Spencer Street
210006620
$1,200,000
210005705
$1,200,000
Carol Bond, 775-690-1870
G. Borst, 230-5376 & A. Johnson, 409-5611
1845 Dove Mountain
242 Courtney Lane
210009853
David Hughes, 775-771-1783
200017016
Jonathan Wornardt, 775-771-8800
PE
G
G
N
N
DI
DI
N
N
PE
$1,150,000
55 Desert Willow Way
210007614
Chris Johnson, 775-247-8772
$1,100,000
895 Peacepipe Loop
PE
G
G
N
N
DI
DI
N
N
PE
$1,075,000 2000 Dant
210007768
K. Leggett, 287-8620 & D. Sharpe 338-4102
210006583
Lisa Harrison, 775-530-0214
$959,000
50 Chinchilla Lane
210008791
Troy Browning, 775-232-4509
Trends for 2021 — Five Pillars
Freedom of Movement How interested are you in having a passport from another country? Global Affluent
Luxury Buyers
11%
13% 9%
30%
13%
Luxury Buyers Likely to Buy International Property
g
23%
NOT AT ALL INTERESTED
g CURIOUS TO LEARN MORE g INTERESTED IN DOING g
THIS IS A TOP INTEREST FOR ME
g
HAVE ALREADY DONE THIS
2%
18%
24%
22% 23%
22%
26%
33%
32%
For Luxury Buyers likely to move internationally, non-financial factors are a higher priority when choosing to move abroad, top among them: education, COVID-19 response, culture/history, pathway to dual citizenship, better healthcare, and lower rates of crime. Financial incentives are certainly part of the desire to move internationally, but are lower priority (e.g., business-friendly environment, favorable taxes, and a strong economy).
Implications: The implication is that lifestyle will not be sacrificed for the move. For many this means building a strong social network in a new country. The most desirable features are ones that facilitate socializing and networking for the entire family. High scores on the Freedom of Movement index relate to interest in the following nexthome features and amenities.
Neighborhood
Residence
Co-working spaces
Resort community
Golf course
New development
Bikeable
Medical facilities
Airport
Gated community
Schools
©2021 Luxury Portfolio International.® All rights reserved. Unauthorized use of this members-only document is prohibited
Sailing/yachting club
Concierge or valet services
Game room
On-property guest house
STATE OF LUXURY REAL ESTATE 2021 | 25
Trends for 2021 — Five Pillars
Self-Reliance Luxury Buyers stand out on the Self-Reliance index compared to the total affluent population. In fact, as wealth and next-home value rise so too does the index score. At the Ultra-Luxury price point (USD $10 million or more) the index rises to 73 signaling this trend as being very important for high-wealth buyers. As with financial security, personal security is a major issue in the pandemic era, as the gap between the haves and the have nots widens. A counterbalance to the widening gap, improving home security gives the Luxury Buyer a sense of control and comfort in otherwise unsteady times.
Global Affluent in Total How interested are you in… g
NOT AT ALL INTERESTED
g CURIOUS TO LEARN MORE g INTERESTED IN DOING THIS g
THIS IS A TOP INTEREST FOR ME
g
HAVE ALREADY DONE THIS
Improving Home Security
INDEX
SELF-RELIANCE
57 65 GLOBAL AFFLUENT
LUXURY BUYERS
14%
10% 21%
21% 33%
AGREE:
MY NEED FOR PERSONAL SECURITY IS INCREASING (TOP 2 BOX)
58% 79% GLOBAL AFFLUENT
Residence Rooms for live-in help
Shopping centers nearby
10% 7%
LUXURY BUYERS
Beyond the attitude of feeling more at risk, the Luxury Buyer is also more likely to have taken a greater interest in improving home security and controlling their physical environment. This is clearest with those responding “top interest” to these items, with Luxury Buyers at 32% for both compared to the Global Affluent at 21% and 25%, respectively. Luxury Buyers are somewhat more likely to have already taken these steps, however the difference is minimal (16% and 13% have already done this, respectively). This means there remains a great deal of interest in the subject, yet action has not yet taken place. Neighborhood
Having Control Over Your Physical Environment
Great internet connection
18%
25% 41%
Implications: High scores on the Self-Reliance index relate to interest in the next-home features and amenities to the left.
Game room
26 | LUXURY PORTFOLIO INTERNATIONAL ®
©2021 Luxury Portfolio International.® All rights reserved. Unauthorized use of this members-only document is prohibited
Trends for 2021 — Five Pillars
Embracing Spontaneity Embracing Spontaneity is borne out of the global lockdowns and subsequent need to work, learn, live, and play at home. At its essence, the need for spontaneity is in response to the home having to take on new responsibilities in normal living. Consumers emphasize the importance of delightful surprise and having fun at home — that is to say, breaking out of the rut. From a lifestyle perspective, it is associated with passions for physical activity (playing sports, being outdoors), being well entertained (video games, streaming media), entertaining others at home, and aesthetics with art and luxury-living with both brands and experiences.
INDEX
EMBRACING SPONTANEITY
50 51 GLOBAL AFFLUENT
% AGREE:
I DO NOT LIKE SURPRISES (TOP 2 BOX)
LUXURY BUYERS
37% 41% GLOBAL AFFLUENT
LUXURY BUYERS
Implications: High scores on the Embracing Spontaneity index relate to interest in the following nexthome features and amenities. Developers take note that consumers crave the best of both worlds: bucolic settings with modern convenience nearby. Clearly at-home entertainment is among the top interests for this consumer as well as new construction in modern neighborhoods. Neighborhood Suburban/town Nature setting Newly developed Residence Game room Home theatre Security system
% AGREE:
I WANT MORE FUN THINGS TO DO AT HOME
71% 84% GLOBAL AFFLUENT
©2021 Luxury Portfolio International.® All rights reserved. Unauthorized use of this members-only document is prohibited
LUXURY BUYERS
Bathtub, hot tub or spa Single family home New construction
STATE OF LUXURY REAL ESTATE 2021 | 27
Trends for 2021 — Five Pillars
Financial Confidence Financial strategy plays a central role in many affluent households, with nearly all seeking ways to reduce their tax burdens. For some this is careful planning with a professional; for others it is about shifting their base of operation to more tax-friendly nations (see the trend Freedom of Movement). The Luxury Buyer is different from the average Global Affluent consumer in their interest in retiring early from work. Sixty-four percent express more than simply curious to learn more, while 30% say it is a top interest and just 11% are not interested in it at all. Global Affluent in Total | How interested are you in… Reducing Tax Burden
11% 4%
Retiring Early From Work
13%
16%
33% 36%
17% 27%
Neighborhood Short commute to work/office building
17%
26%
Implications: The Financial Confidence index is a predictor of overall consumption but the home falls outside that definition. High scores on the Financial Confidence index relates making more additional purchases for the home, as well as interest in the following features and amenities.
Gated community Shared amenities for the neighborhood (e.g., pool, clubhouse, playgrounds) New development
g
NOT AT ALL INTERESTED
g CURIOUS TO LEARN MORE g INTERESTED IN DOING THIS g
THIS IS A TOP INTEREST FOR ME
g
HAVE ALREADY DONE THIS
Residence Quiet spaces for each family member On-property guest house Self-sufficient (can stay at home for longer periods of time)
©2021 Luxury Portfolio International.® All rights reserved. Unauthorized use of this members-only document is prohibited
STATE OF LUXURY REAL ESTATE 2021 | 29
Significant Dickson Realty Sales in 2021
SOLD $6,350,000
Montrêux
SOLD $3,850,000
Montrêux
SOLD $3,500,000
Montrêux
SOLD $3,185,000
ArrowCreek
Seller & Buyer Representation Sullivan, Neal & Gore, 775-849-9444
Seller Representation Rob Wonhof, 775-750-2210, Sullivan & Neal & Gore, 775-849-9444
Seller Representation Sullivan, Neal & Gore, 775-849-9444
Seller Representation Joseph Wieczorek, 775-335-5962
SOLD $5,250,000
Montrêux
Seller & Buyer Representation Rob Wonhof, 775-750-2210, Sullivan & Neal & Gore, 775-849-9444
SOLD $3,550,000
Pleasant Valley
SOLD $3,233,300
Galena Canyon
Seller Representation Rebecca Dickson, 775-742-2120 Buyer Representation Carol Bond, 775-690,1870
Seller Representation Teri Shields, 775-771-4694
SOLD $3,000,000
Seller Representation Sullivan, Neal & Gore, 775-849-9444
Montrêux
Significant Dickson Realty Sales in 2021
SOLD $2,982,061
Montrêux
SOLD $2,750,000
Rancharrah
SOLD $2,500,000
Montrêux
SOLD $2,325,611
Montrêux
Seller Representation Sullivan, Neal & Gore, 775-849-9444
Seller Representation Kellen Flanigan, 310-710-4016 Buyer Representation Shelby Manley, 775-300-9137
Seller & Buyer Representation Sullivan, Neal & Gore, 775-849-9444
Seller & Buyer Representation Sullivan, Neal & Gore, 775-849-9444
SOLD $2,800,000
Montrêux
SOLD $2,600,000
Montrêux
SOLD $2,336,113
Montrêux
SOLD $2,300,000
Old South Suburban
Seller Representation Rob Wonhof, 775-750-2210
Seller Representation Kellen Flanigan, 310-710-4016
Seller & Buyer Representation Sullivan, Neal & Gore, 775-849-9444
Seller & Buyer Representation M.C. Pierson, 775-742-9442
Significant Dickson Realty Sales in 2021
SOLD $2,300,000
West Southwest Reno
Seller Representation Jay Kenny, 775-848-6549 Buyer Representation Joseph Wieczorek, 775-335-5962
SOLD $2,075,000
South Suburban
SOLD $2,000,000
ArrowCreek
SOLD $2,000,000
Caughlin Ranch
Seller Representation Carol Bond, 775-690-1870 Buyer Representation Chris Whitney, 775-772-2253
Seller & Buyer Representation Joseph Wieczorek, 775-335-5962
Seller Representation Joseph Wieczorek, 775-335-5962
SOLD $2,100,000
Seller & Buyer Representation Sullivan, Neal & Gore, 775-849-9444
SOLD $2,000,000
Montrêux
Old South Suburban
Seller Representation Rebecca Dickson, 775-742-2120 Buyer Representation Joseph Wieczorek, 775-335-5962
SOLD $2,000,000
Montrêux
SOLD $2,000,000
Washoe Valley
Seller & Buyer Representation Sullivan, Neal & Gore, 775-849-9444
Seller Representation David Hughes, 775-771-1783 & Sarah Hughes, 775-741-4011
Significant Dickson Realty Sales in 2021
SOLD $2,000,000
Verdi
Seller Representation Amanda Gunter, 775-525-1528
SOLD $1,950,000
ArrowCreek
Seller Representation David Hughes, 775-771-1783 & Sarah Hughes, 775-741-4011
SOLD $1,925,000
Seller Representation Rebecca Dickson, 775-742-2120
SOLD $1,865,000
Seller Representation Marilyn Minor, 775-742-1280
Juniper Trails
Saddlehorn
SOLD $1,965,000
Caughlin Ranch
SOLD $1,950,000
Southwest Reno
SOLD $1,901,000
Montrêux
SOLD $1,850,000
Juniper Trails
Seller Representation Rebecca Dickson, 775-742-2120 Buyer Representation Diana Renfroe, 775-843-0777
Seller Representation Rebecca Dickson, 775-742-2120 Buyer Representation Joseph Wieczorek, 775-335-5962
Seller Representation Sullivan, Neal & Gore, 775-849-9444
Seller Representation Marilyn Minor, 775-742-1280
Significant Dickson Realty Sales in 2021
SOLD $1,800,000
Seller & Buyer Representation Sullivan, Neal & Gore, 775-849-9444
Montrêux
SOLD $1,795,000
Old South Suburban
SOLD $1,751,750
Montrêux
Seller Representation Cathy Hamel, 775-224-1957 Buyer Representation Claudia Byrne, 775-351-6004
Seller & Buyer Representation John Arnold, 775-742-1156
SOLD $1,732,000
ArrowCreek
Seller Representation Sullivan, Neal & Gore, 775-849-9444 Buyer Representation Diana Renfroe, 775-843-0777
SOLD $1,800,000
West Southwest Reno
Seller Representation Carol Bond, 775-690-1870 Buyer Representation Jay Kenny, 775-848-6549
SOLD $1,775,000
South Suburban
SOLD $1,740,000
West Southwest Reno
SOLD $1,725,000
ArrowCreek
Seller Representation Joseph Wieczorek, 775-335-5962
Seller Representation Carol Bond, 775-690-1870
Seller Representation Colleen Barrett, 775-848-5587
Significant Dickson Realty Sales in 2021
SOLD $1,700,000
Old Southwest
Seller Representation Cindy Perez, 775-544-0506 Buyer Representation Nancy Risley, 775-843-5938
SOLD $1,675,000
Seller Representation Joseph Wieczorek, 775-335-5962
SOLD $1,575,000
Seller Representation M.C. Pierson, 775-742-9442
SOLD $1,550,000
ArrowCreek
Southwest Reno
Seller Representation Diana Renfroe, 775-843-0777 Buyer Representation Rory Hickok, 775-742-7255
Somersett
SOLD $1,700,000
ArrowCreek
SOLD $1,635,000
ArrowCreek
SOLD $1,575,000
Old South Suburban
SOLD $1,450,000
Somersett
Seller Representation Colleen Barrett, 775-848-5587 Buyer Representation Patrick Fletcher, 775-240-7970
Seller Representation Jay Kenny, 775-848-6549
Seller Representation Carol Bond, 775-690-1870
Seller & Buyer Representation Jeff Sallan, 775-750-4175
Significant Dickson Realty Sales in 2021
SOLD $1,450,000
Southwest Suburban
SOLD $1,450,000
Seller Representation Lisa Moffitt, 775-530-5092 & Kathy Leggett, 775-287-8620
SOLD $1,425,000
S outhwest Reno
Seller Representation Beth Cooney, 775-544-6026 Buyer Representation Kaitie Fountain, 775-291-3963
SOLD $1,375,000
Seller Representation M.C. Pierson, 775-742-9442
SOLD $1,350,000
Seller Representation Carol Bond, 775-690-1870
Old South Suburban
Verdi
Seller Representation Annette Mansfield, 775-771-8093 & Felisa Cusimano-Martin, 775-250-8033
Southwest Reno
SOLD $1,400,000
Somersett
SOLD $1,364,442
Caughlin Ranch
SOLD $1,350,000
Montrêux
Seller Representation David Hughes, 775-771-1783
Seller Representation Larissa Osborn, 775-848-6579
Seller Representation Sullivan, Neal & Gore, 775-849-9444 Buyer Representation The Hertz Team, 775-223-7555
Significant Dickson Realty Sales in 2021
SOLD $1,350,000
South Suburban
Seller Representation Marilyn Minor, 775-742-1280 & Colleen Capurro, 775-813-2433
SOLD $1,300,000
Southwest Suburban
Seller Representation Kathy Leggett, 775-287-8620 & Lisa Moffitt, 775-530-5092
SOLD $1,250,000
Seller Representation Donna Fuller, 775-815-7250
SOLD $1,195,000
Seller Representation Jay Kenny, 775-848-6549
West Southwest Reno
Callahan Ranch
SOLD $1,305,000
South Suburban
SOLD $1,255,000
Southwest Reno
SOLD $1,201,266
Wingfield Springs
SOLD $1,195,000
Southwest Reno
Seller Representation Ana Nadimi, 775-622-7078
Seller Representation The Keenan Group, 775-846-9726
Seller Representation Wayne Marken, 775-722-7763
Seller Representation Trudy Brussard, 775-772-3014 & Janice Peck, 775-846-2100
Significant Dickson Realty Sales in 2021
SOLD $1,175,000
Caughlin Ranch
SOLD $1,150,000
S outh Suburban
Seller Representation Wendy McPhail, 775-338-4463 & Diana Renfroe Buyer Representation Michael Gay, 775-741-3303
Seller Representation Kaitie Fountain, 775-291-3963
SOLD $1,100,000
Seller Representation Jay Kenny, 775-848-6549
SOLD $1,090,000
Seller Representation Sheila Campbell, 775-691-1707
ArrowCreek
Caughlin Ranch
SOLD $1,175,000
ArrowCreek
SOLD $1,125,000
Rancharrah
SOLD $1,100,000
Spanish Springs
SOLD $1,075,000
ArrowCreek
Seller Representation Kathy Leggett, 775-287-8620
Seller Representation Margie Wonhof, 775-750-5098 & Tori King Buyer Representation Cathy Lancaster, 775-830-6565
Seller Representation Amy Phillips, 775-232-6266
Seller Representation Chris Johnson, 775-247-8772
Significant Dickson Realty Sales in 2021
SOLD $1,074,806
Seller Representation Larissa Osborn, 775-848-6579
Caughlin Ranch
SOLD $1,059,000
SOLD $1,040,800
Old Southwest
SOLD $1,025,000
Caughlin Ranch
Seller Representation Jay Kenny, 775-848-6549 Buyer Representation Lucas Coger, 775-544-1678
Seller Representation Jenna White, 775-815-6171
Saddlehorn
Seller Representation J.P. Menante, 775-691-9831 Buyer Representation The Risley Team, 775-843-5938
SOLD $1,060,000
Caughlin Ranch
SOLD $1,050,000
Southwest Reno
SOLD $1,030,000
Somersett
SOLD $1,010,000
Southwest Reno
Seller Representation Sheila Campbell, 775-691-1707 Buyer Representation Beth Nitz, 775-772-5616
Seller Representation Joseph Wieczorek, 775-335-5962 Buyer Representation Devin Scruggs, 775-843-1801
Seller Representation David Hughes, 775-771-1783
Seller Representation Gerry Martin, 775-338-4786 Buyer Representation J.P. Menante, 775-691-9831
Significant Dickson Realty Sales in 2021
I’M LOCAL I’M GLOBAL
®
SOLD $1,010,000
Saddlehorn
Seller Representation Jay Kenny, 775-848-6549
INDUSTRYLEADING SALES. WORLD-CLASS SERVICE.
SOLD $1,000,000
ArrowCreek
Seller Representation Dan Smith, 775-313-3598 & Kendall Smith, 775-379-7766
MORE U.S. HOME SALES VOLUME
THAN ANY OTHER REAL ESTATE NETWORK, FRANCHISE OR BROKERAGE BRAND. $296 BILLION IN U.S. HOME SALES VOLUME. As an affiliate of Leading Real Estate Companies of the World,® Dickson Realty is a local and global market leader working on your behalf. LeadingRE’s world-class marketing resources and connections allow us to provide you with a truly exceptional real estate experience. ®
$296 Leading Real Estate Companies of the World
1.3 MILLION
$260
GLOBAL TRANSACTIONS
$207
550
$152
Leading Real Estate Companies of the World®
COMPANIES $110
4,600
Keller Williams
OFFICES
$97
150,000
$96
Compass
$72
Berkshire Hathaway HomeServices
SALES ASSOCIATES
70
Coldwell Banker
Sotheby’s International Realty
$37
COUNTRIES
RE/MAX eXp Realty
$29
Redfin
$29
Century 21 Douglas Elliman
$23
Homesmart
$20
Corcoran Better Homes and Gardens
$11
ERA $11 $0 © 2021 Leading Real Estate Companies of the World.® All Rights Reserved. C–Sales Volume. 05.21
Equal Housing Opportunity.
$50
$100
$150
$200
Volume shown in billions of dollars. This bar chart is sourced from REAL Trends 500 for 2020, realtrends.com.
$250
$300
WHETHER YOU ARE MINUTES OR MILES AWAY, MONTRÊUX IS A WORLD APART. Montrêux Golf & Country Club, a private golf course community located between Reno and Lake Tahoe. This gated community of luxury custom homes surrounds the 18-hole, Jack Nicklaus Signature Championship Course (Par 72), a world-class Clubhouse, walking trails, tennis, pool, Fitness Center and much more. Dickson Realty agents have helped more buyers and sellers in Montrêux than any other real estate company.
PHOTO COURTESY MONTRÊUX GOLF & COUNTRY CLUB
CAUGHLIN RANCH 775.746.7000
DAMONTE RANCH 775.850.7000 TRUCKEE 530.587.7444
SOMERSETT 775.746.7222 NORTHSTAR 530.562.1140
MONTRÊUX 775.849.9444
SPARKS 775.685.8800
DOWNTOWN 775.324.7000
PORTOLA 530.832.1700
DicksonLuxury.com | luxury@dicksonrealty.com
© 2021 Dickson Realty. NV Lic #B.0019733. All rights reserved. Although the information above is deemed reliable, Dickson Realty does not guarantee its accuracy. If your property is currently listed for sale, this is not intended to be a solicitation.