2019 Q3 MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY
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Lake Tahoe 2019 Statistics Through Third Quarter | January 1st - September 30th
INCLINE VILLAGE
2019 vs 2018 SINGLE FAMILY*
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
EAST SHORE
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
SOUTH SHORE
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
TAHOE CITY
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
LAKE TOTALS
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
2019 $311,455,688 169 $1,300,000 $1,842,933 54 115
2018 $347,665,002 193 $1,240,000 $1,801,373 65 128
2019 $132,398,950 102 $921,750 $1,298,028 58 44
2018 $163,371,550 95 $888,000 $1,719,700 53 42
2019 $264,809,082 423 $489,000 $626,026 381 42
2018 $258,676,907 463 $475,000 $558,697 436 27
2019 $271,360,380 218 $725,000 $1,250,508 166 52
-10% -12% 5% 2% -17% -10%
% -19% 7% 4% -25% 9% 5%
% 2% -9% 3% 12% -13% 56%
2018 $373,509,795 259 $685,000 $1,442,122 190 69
2019 $980,024,100 912 $675,000 $1,074,588 659 253
%
% -27% -16% 6% -13% -13% -25%
2018 $1,143,223,254 1010 $665,000 $1,131,904 744 266
% -14% -10% 2% -5% -11% -5%
* Includes PUD’s. Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
CONDOS
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
CONDOS
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
CONDOS
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
CONDOS
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
CONDOS
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
2019 $83,344,588 126 $560,000 $661,465 58 68
2019 $32,363,770 62 $447,500 $521,996 41 21
2019 $34,190,975 77 $349,000 $444,039 49 28
2019 $36,125,890 72 $397,000 $501,748 57 15
2019 $186,025,223 337 $441,000 $552,004 205 132
2018 $90,147,786 145 $540,000 $621,709 60 85
2018 $32,961,875 69 $435,000 $477,708 49 20
2018 $43,380,426 94 $370,000 $461,494 69 25
2018 $49,005,750 79 $420,000 $620,325 54 25
2018 $215,495,837 387 $440,000 $556,837 232 155
% -8% -13% 4% 6% -3% -20%
% -2% -10% 3% 9% -16% 5%
% -21% -18% -6% -4% -29% 12%
% -26% -9% -5% -19% 6% -40%
% -14% -13% 0% -1% -12% -15%
Lake Tahoe 2019 Statistics Through Third Quarter | January 1st - September 30th
2019 vs 2018 SALES VOLUME
UNITS SOLD
$1000
1000
$800
800 -14% DECREASE
-10% DECREASE
$600
600
$ IN MILLIONS
-13% DECREASE
$400
400 -14% DECREASE
$200
200
0
$0 $980,024,100 2019
$1,143,223,254 2018
$186,025,223 2019
$215,495,837 2018
337 2019
1010 2018
387 2018
CONDOS
SINGLE FAMILY
CONDOS
SINGLE FAMILY
912 2019
MEDIAN & AVERAGE PRICE
$1,000,000
$800,000
2% INCREASE
-5% DECREASE -1% DECREASE
$600,000
0% INCREASE
$400,000
$200,000
$0 $675,500
$665,000
$1,074,588
$1,131,904
$441,000
$440,000
$552,004
$556,837
Median 2019
Median 2018
Average 2019
Average 2018
Median 2019
Median 2018
Average 2019
Average 2018
SINGLE FAMILY
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/2019.
CONDOS
East Shore 2019 Statistics Through Third Quarter | January 1st - September 30th
SINGLE FAMILY
2019
2018
% Change
Volume
$132,398,950
$163,371,550
-19%
Units
102
95
7%
Median Price
$921,750
$888,000
4%
Average Price
$1,298,028
$1,719,700
-25%
Units Under $1M
58
53
9%
Units Over $1M
44
42
5%
CONDOS
2019
2018
% Change
Volume
$32,363,770
$32,961,875
-2%
Units
62
69
-10%
Median Price
$447,500
$435,000
3%
Average Price
$521,996
$477,708
9%
Units Under $1M
41
49
-16%
Units Over $1M
21
20
5%
775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
East Shore 2019 Statistics Through Third Quarter | January 1st - September 30th
30
25
102 Units Sold
20
15
10
5
0
11
29
18
20
6
11
5
2
$0 -
$500,000-
$750,000-
$1,000,000-
$1,500,000-
$2,000,000-
$3,000,000-
Over
$499,999
$749,999
$999,999
$1,499,999
$1,999,999
$2,999,999
$4,999,999
$5,000,000
775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
South Shore 2019 Statistics Through Third Quarter | January 1st - September 30th
SINGLE FAMILY
2019
2018
% Change
Volume
$264,809,082
$258,676,907
2%
Units
423
463
-9%
Median Price
$489,000
$475,000
3%
Average Price
$626,026
$558,697
12%
Units Under $1M
381
436
-13%
Units Over $1M
42
27
56%
CONDOS
2019
2018
% Change
Volume
$34,190,975
$43,380,426
-21%
Units
77
94
-18%
Median Price
$349,000
$370,000
-6%
Average Price
$444,039
$461,494
-4%
Units Under $1M
49
69
-29%
Units Over $1M
28
25
12%
530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
South Shore 2019 Statistics Through Third Quarter | January 1st - September 30th
120
100
218 Units Sold
80
60
40
20
0
120
129
32
28
7
7
$0$499,999
$500,000$749,999
$750,000$999,999
$1,000,000$1,499,999
$1,500,000$1,999,999
Over $2,000,000
530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
Incline Village 2019 Statistics Through Third Quarter* | January 1st - September 30th
SINGLE FAMILY
2019
2018
% Change
Volume
$311,455,688
$347,665,002
-10%
Units
169
193
-12%
Median Price
$1,300,000
$1,240,000
5%
Average Price
$1,842,933
$1,801,373
2%
Units Under $1M
54
65
-17%
Units Over $1M
115
128
-10%
CONDOS
2019
2018
% Change
Volume
$83,344,588
$90,147,786
-8%
Units
126
145
-13%
Median Price
$560,000
$540,000
4%
Average Price
$661,465
$621,709
6%
Units Under $1M
58
60
-3%
Units Over $1M
68
85
-20%
*Includes PUD’s
775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
Incline Village 2019 Statistics Through Third Quarter* | January 1st - September 30th
50
169 Units Sold
40
30
20
10
0
27
27
50
24
24
12
5
$0-
$750,000-
$1,000,000-
$1,500,000-
$2,000,000-
$3,000,000-
Over
$749,999
$999,999
$1,499,999
$1,999,999
$2,999,999
$4,999,999
$5,000,000
*Includes PUD’s
775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
Tahoe City 2019 Statistics Through Third Quarter | January 1st - September 30th
SINGLE FAMILY
2019
2018
% Change
Volume
$271,360,380
$373,509,795
-27%
Units
218
259
-16%
Median Price
$725,000
$685,000
6%
Average Price
$1,250,508
$1,442,122
-13%
Units Under $1M
166
190
-13%
Units Over $1M
52
69
-25%
CONDOS
2019
2018
% Change
Volume
$36,125,890
$49,005,750
-26%
Units
72
79
-9%
Median Price
$397,000
$420,000
-5%
Average Price
$501,748
$620,325
-19%
Units Under $1M
57
54
6%
Units Over $1M
15
25
-40%
530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
Tahoe City 2019 Statistics Through Third Quarter | January 1st - September 30th
100
80
218 Units Sold
60
40
20
0
30
89
47
22
14
10
$0-
$500,000-
$750,000-
$1,000,000-
$1,500,000-
$2,000,000-
Over
$499,999
$749,999
$999,999
$1,499,999
$1,999,999
$4,999,999
$5,000,000
530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
6
Truckee 2019 Statistics Through Third Quarter | January 1st - September 30th
SINGLE FAMILY
2019
2018
% Change
Volume
$573,562,275
$625,455,148
-8%
Units
510
542
-6%
Median Price
$752,900
$729,000
3%
Average Price
$1,129,059
$1,153,976
-2%
Units Under $1M
355
381
-7%
Units Over $1M
155
161
-4%
CONDOS
2019
2018
% Change
Volume
$107,778,459
$95,199,484
13%
Units
185
160
16%
Median Price
$452,500
$467,500
-3%
Average Price
$582,586
$594,996
-2%
Units Under $1M
111
90
23%
Units Over $1M
74
70
6%
530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
Truckee 2019 Statistics Through Third Quarter | January 1st - September 30th
200
160
510 Units Sold
120
80
40
0
71
183
101
60
48
$0$449,999
$500,000$749,999
$750,000$999,999
$1,000,000$1,499,999
$1,500,000$1,999,999
530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
35
12
$2,000,000Over $4,999,999 $5,000,000
Tahoe Donner 2019 Statistics Through Third Quarter | January 1st - September 30th
SINGLE FAMILY
2019
2018
% Change
Volume
$140,163,680
$154,811,415
-9%
Units
178
200
-11%
Median Price
$718,790
$715,500
0%
Average Price
$787,548
$774,057
2%
Units Under $1M
151
162
-7%
Units Over $1M
27
38
-29%
CONDOS
2019
2018
% Change
Volume
$15,662,259
$12,664,800
24%
Units
43
38
13%
Median Price
$393,000
$376,500
4%
Average Price
$363,308
$333,284
9%
Units Under $1M
42
38
11%
Units Over $1M
1
0
100%
530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
Tahoe Donner 2019 Statistics Through Third Quarter | January 1st - September 30th
100
178 Units Sold
80
60
40
20
0
13
83
55
21
6
0
$0$499,999
$500,000$749,999
$750,000$999,999
$1,000,000$1,499,999
$1,500,000$1,999,999
Over $2,000,000
530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/03/19.
Reno, Sparks and Carson 2019 Statistics Through Third Quarter | January 1st - September 30th
2019 vs 2018 2019
RENO
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
$1,605,430,298 3,270 $405,000 $490,957 3,103 167
2019
SPARKS
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
$555,020,511 1,439 $364,000 $385,698 1,436 3
2019
RENO/SPARKS
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
$2,160,565,809 4,710 $389,000 $458,718 4,540 170
2019
CARSON VALLEY
CARSON CITY
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
$189,986,576 488 $349,000 $389,316 484 4
2019
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
$301,981,330 612 $430,000 $493,433 597 15
Information gathered from NRMLS 10/03/19.
2018
%
$1,560,606,058 3,258 $392,000 $479,007 3,088 170
3% 0% 3% 2% 0% -2%
2018
%
$523,369,597 1,409 $355,000 $371,447 1,407 2
6% 2% 3% 4% 2% 50%
2018 $2,083,975,655 4,667 $375,000 $446,534 4,458 172
2018 $173,351,568 473 $327,000 $366,493 471 2
2018 $287,190,054 609 $418,000 $471,576 589 20
% 4% 1% 4% 3% 2% -1%
% 10% 3% 7% 6% 3% 100%
% 5% 0% 3% 5% 1% -25%
CONDOS
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
CONDOS
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
CONDOS
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
CONDOS
Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil
2019 $194,011,582 802 $238,000 $241,909 786 16
2018 $147,702,024 648 $215,000 $227,935 634 14
2019 38,666,374 182 200,425 212,452 182 0
2018 $38,123,262 182 $192,500 $209,468 182 0
2019 $232,677,956 984 $225,000 $236,461 968 16
2018 $185,825,286 830 $205,450 $223,885 816 14
2019 $17,064,007 75 $217,000 $227,520 75 0
2018 $13,019,825 76 $169,750 $171,313 76 0
% 31% 24% 11% 6% 24% 14%
% 1% 0% 4% 1% 0% 0%
% 25% 19% 10% 6% 19% 14%
% 31% -1% 28% 33% -1% 0%
Reno and Sparks 2019 Statistics Through Third Quarter | January 1st - September 30th
2019 vs 2018 SALES VOLUME
UNITS SOLD
$2.3M
4,000
$2.2M 3,000 4% INCREASE
$2.1M
2,000
1% INCREASE
$2.0M 25% INCREASE
1,000
$1.9M
0
19% INCREASE
0 $2,160,565,809 $2,083,975,655 2019 2018
$232,677,956 2019
$185,825,286 2018
984 2019
4,667 2018
830 2018
CONDOS
SINGLE FAMILY
CONDOS
SINGLE FAMILY
4,710 2019
MEDIAN & AVERAGE PRICE $450,000 $400,000 $350,000 $300,000
6% INCREASE 10% INCREASE
$250,000 3% INCREASE
$200,000 4% INCREASE
$150,000 $100,000 $50,000 $0 $389,000
$375,000
$458,718
$446,534
$225,000
$205,450
$236,461
$223,885
Median 2019
Median 2018
Average 2019
Average 2018
Median 2019
Median 2018
Average 2019
Average 2018
SINGLE FAMILY
Information gathered from NRMLS 10/03/19.
CONDOS
Reno 2019 Statistics Through Third Quarter | January 1st - September 30th
SINGLE FAMILY
2019
2018
% Change
Volume
$1,605,430,298
$1,560,606,058
3%
Units
3,270
3,258
0%
Median Price
$405,000
$392,000
3%
Average Price
$490,957
$479,007
2%
Units Under $1M Units Over $1M
3,103
3,088
0%
167
170
-2%
CONDOS
2019
2018
% Change
Volume
$194,011,582
$147,702,024
31%
Units
802
648
24%
Median Price
$238,000
$215,000
11%
Average Price
$241,909
$227,935
6%
Units Under $1M
786
634
24%
Units Over $1M
16
14
14%
775.850.5900 | chaseinternational.com Information gathered from NRMLS 10/03/19.
Reno 2019 Statistics Through Third Quarter | January 1st - September 30th
1000
3270 Units Sold
800
600
400
200
0
537
1046
723
606
191
167
$0 $299,999
$300,000 $399,999
$400,000 $499,999
$500,000 $749,999
$750,000 $999,999
Over $1,000,000
775.850.5900 | chaseinternational.com Information gathered from NRMLS 10/03/19.
Sparks 2019 Statistics Through Third Quarter | January 1st - September 30th
SINGLE FAMILY
2019
2018
% Change
Volume
$555,020,511
$523,369,597
6%
Units
1,439
1,409
2%
Median Price
$364,000
$355,000
3%
Average Price
$385,698
$371,447
4%
Units Under $1M
1,436
1,407
2%
Units Over $1M
3
2
50%
CONDOS
2019
2018
% Change
Volume
38,666,374
$38,123,262
1%
Units
182
182
0%
Median Price
200,425
$192,500
4%
Average Price
212,452
$209,468
1%
Units Under $1M
182
182
0%
Units Over $1M
0
0
0%
775.737.5900 | chaseinternational.com Information gathered from NNRMLS 10/03/19.
Sparks 2019 Statistics Through Third Quarter | January 1st - September 30th
600
1439 Units Sold
500
400
300
200
100
0
274
671
326
147
18
$0 $299,999
$300,000 $399,999
$400,000 $499,999
$500,000 $749,999
$750,000 $999,999
775.737.5900 | chaseinternational.com Information gathered from NNRMLS 10/03/19.
3
Over $1,000,000
Fernley 2019 Statistics Through Third Quarter | January 1st - September 30th
SINGLE FAMILY
2019
2018
% Change
Volume
$121,000,722
$130,250,996
-7%
Units
436
503
-13%
Median Price
$265,000
$250,000
6%
Average Price
$277,524
$258,948
7%
Units Under $1M
435
503
-14%
Units Over $1M
0
0
0%
530.550.2464 | chaseinternational.com Information gathered from NRMLS 10/03/19.
Fernley 2019 Statistics Through Third Quarter | January 1st - September 30th
200
160
436 Units Sold
120
80
40
0
321
98
16
1
$0 $299,999
$300,000 $399,999
$400,000 $499,999
Over $500,000
530.550.2464 | chaseinternational.com Information gathered from NRMLS 10/03/19.
Carson City 2019 Statistics Through Third Quarter | January 1st - September 30th
SINGLE FAMILY
2019
2018
% Change
Volume
$189,986,576
$173,351,568
10%
Units
488
473
3%
Median Price
$349,000
$327,000
7%
Average Price
$389,316
$366,493
6%
Units Under $1M
484
471
3%
Units Over $1M
4
2
100%
CONDOS
2019
2018
% Change
Volume
$17,064,007
$13,019,825
31%
Units
75
76
-1%
Median Price
$217,000
$169,750
28%
Average Price
$227,520
$171,313
33%
Units Under $1M
75
76
-1%
Units Over $1M
0
0
0%
775.782.2777 | chaseinternational.com Information gathered from NNRMLS 10/03/19.
Carson City 2019 Statistics Through Third Quarter | January 1st - September 30th
200
160
488 Units Sold 120
80
40
0
131
197
79
68
9
4
$0 $299,999
$300,000 $399,999
400,000 $499,999
$500,000 $749,999
$750,000 $999,999
Over$1,000,000
775.782.2777 | chaseinternational.com Information gathered from NNRMLS 10/03/19.
Carson Valley 2019 Statistics Through Third Quarter | January 1st - September 30th
SINGLE FAMILY
2019
2018
% Change
Volume
$301,981,330
$287,190,054
5%
Units
612
609
0%
Median Price
$430,000
$418,000
3%
Average Price
$493,433
$471,576
5%
Units Under $1M
597
589
1%
Units Over $1M
15
20
-25%
775.782.2777 | chaseinternational.com Information gathered from NNRMLS 10/03/19.
Carson Valley 2019 Statistics Through Third Quarter | January 1st - September 30th 200
160
612 Units Sold 120
80
40
0
79
182
139
148
49
15
$0$299,999
$300,000 $399,999
$400,000 $499,999
$500,000$749,999
$750,000$999,999
Over$1,000,000
775.782.2777 | chaseinternational.com Information gathered from NNRMLS 10/03/19.
ONE COMPANY.
ONE HEART. ONE PHILOSOPHY.
NEARLY $1.4 BILLION IN ANNUAL SALES. Chase International is one of the nation’s most successful independent real estate firms specializing in unique and distinctive properties in the Tahoe/Reno region. With more than 350 compassionate and determined REALTORS® in 10 offices, we are committed to our client success. We have more qualified real estate specialists with the experience and connections to serve all your needs. We empower people to achieve unlimited possibilities, make magical life decisions, and bring peace and harmony into their lives. This is our secret power. Put the Chase Power of Success to work for you.
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