2020 MID-YEAR MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY
20CRYSTALDRIVETAHOE.COM
Check current market value for your home at chaseinternational.com/value
Lake Tahoe 2020 Mid-Year Statistics | January 1st - June 30th
2020 vs 2019 EAST SHORE
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1M Units Over $1M
N. AND W. SHORE
INCLINE VILLAGE
SOUTH SHORE
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1M Units Over $1M
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1M Units Over $1M
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1M Units Over $1M
LAKE TOTALS
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1M Units Over $1M
2020 $64,954,000 42 $970,000 $1,546,523 23 19
2019 $80,354,350 60 $922,500 $1,339,239 33 27
2020
2019
% -19% -30% 5% 15% -30% -30%
CONDOS
Volume Units Median Price Average Price Units Under $500K Units Over $500K
%
CONDOS
$129,966,147
$142,114,232
-9%
Volume
214 $492,250 $607,318 198 16
232 $513,500 $612,561 212 20
-8% -4% -1% -7% -20%
2020 $150,892,440 80 $1,322,500 $1,886,155 27 53
2019 $155,399,457 99 $1,310,000 $1,569,691 30 69
2020 $112,992,375 119 $720,000 $949,515 94 25
2019 $163,470,860 111 $728,975 $1,472,710 81 30
2020 $458,804,962 455 $713,750 $1,035,185 342 113
2019 $541,338,899 502 $625,000 $843,913 356 146
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.
% -3% -19% 1% 20% -10% -23%
% -31% 7% -1% -36% 16% -17%
% -15% -9% 14% 23% -4% -23%
Units Median Price Average Price Units Under $500K Units Over $500K
CONDOS
Volume Units Median Price Average Price Units Under $500K Units Over $500K
CONDOS
Volume Units Median Price Average Price Units Under $500K Units Over $500K
CONDOS
Volume Units Median Price Average Price Units Under $500K Units Over $500K
2020 $17,772,464 37 $435,000 $480,336 23 14
2020
2019 $23,032,250 44 $451,000 $523,460 30 14
2019
% -23% -16% -4% -8% -23% 0%
%
$20,477,800
$18,507,200
11%
42 $374,500 $487,567 26 16
44 $351,950 $420,618 31 13
-5% 6% 16% -16% 23%
2020 $53,492,300 74 $597,000 $722,869 30 44
2020 $18,850,000 31 $400,000 $608,064 23 8
2020 $110,592,564 184 $470,000 $605,658 102 82
2019 $41,688,200 69 $604,177 $560,000 32 37
2019 $15,373,000 39 $375,000 $394,179 35 4
2019 $98,600,650 196 $501,000 $735,485 128 68
% 28% 7% -1% 29% -6% 19%
% 23% -21% 7% 54% -34% 100%
% 12% -6% -6% -18% -20% 21%
Lake Tahoe 2020 Mid-Year Statistics | January 1st - June 30th
2020 vs 2019 SALES VOLUME
UNITS SOLD
$600
600
$500
500
$400
400
-15% DECREASE
$ IN MILLIONS
$300
-9% DECREASE
300
$200
12% INCREASE
-6% DECREASE
200
$100
100
0
0 $458,804,962 2020
$541,338,899 2019
$110,592,564 2020
$98,600,650 2019
184 2020
502 2019
196 2019
CONDOS
SINGLE FAMILY
CONDOS
SINGLE FAMILY
455 2020
MEDIAN & AVERAGE PRICE
$1,000,000
$800,000
14% INCREASE 23% INCREASE
$600,000
-6% DECREASE -18% DECREASE
$400,000
$200,000
$0 $713,750
$625,000
$1,035,185
$843,913
$470,000
$501,000
$605,658
$735,485
Median 2020
Median 2019
Average 2020
Average 2019
Median 2020
Median 2019
Average 2020
Average 2019
SINGLE FAMILY
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.
CONDOS
East Shore 2020 Mid-Year Statistics | January 1st - June 30th
SINGLE FAMILY
2020
2019
% Change
Volume
$64,954,000
$80,354,350
-19%
Units
42
60
-30%
Median Price
$970,000
$922,500
5%
Average Price
$1,546,523
$1,339,239
15%
Units Under $1M
23
33
-30%
Units Over $1M
19
27
-30%
CONDOS
2020
2019
% Change
Volume
$17,772,464
$23,032,250
-23%
Units
37
44
-16%
Median Price
$435,000
$451,000
-4%
Average Price
$480,336
$523,460
-8%
Units Under $500K
23
30
-23%
Units Over $500K
14
14
0%
775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.
East Shore 2020 Mid-Year Statistics | January 1st - June 30th
10
42 Units Sold
8
6
4
2
0
2
10
11
8
4
3
1
$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
3
South Shore 2020 Mid-Year Statistics | January 1st - June 30th
SINGLE FAMILY
2020
2019
% Change
Volume
$129,966,147
$142,114,232
-9%
Units
214
Median Price
$492,250
$513,500
-4%
Average Price
$607,318
$612,561
-1%
Units Under $1M
198
212
-7%
Units Over $1M
16
20
-20%
CONDOS
2020
2019
% Change
Volume
$20,477,800
$18,507,200
Units
42
44
Median Price
$374,500
$351,950
6%
Average Price
$487,567
$420,618
16%
Units Under $500K
26
31
-16%
Units Over $500K
16
13
23%
232
-8%
530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.
11% -5%
South Shore 2020 Mid-Year Statistics | January 1st - June 30th
100
214 Units Sold
80
60
40
20
0
111
57
30
11
1
4
$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
Incline Village 2020 Mid-Year Statistics | January 1st - June 30th
SINGLE FAMILY
2020
2019
% Change
Volume
$150,892,440
$155,399,457
-3%
Units
80
99
-19%
Median Price
$1,322,500
$1,310,000
1%
Average Price
$1,886,155
$1,569,691
20%
Units Under $1M
27
30
-10%
Units Over $1M
53
69
-23%
% Change
CONDOS
2020
2019
Volume
$53,492,300
$41,688,200
28%
Units
74
69
7%
Median Price
$597,000
$604,177
Average Price
$722,869
$560,000
Units Under $500K
30
32
Units Over $500K
44
775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.
37
-1% 29% -6%
19%
Incline Village 2020 Mid-Year Statistics | January 1st - June 30th
20
80 Units Sold
16
12
8
4
0
11
16
20
16
7
5
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
North & West Shore 2020 Mid-Year Statistics | January 1st - June 30th
SINGLE FAMILY
2020
2019
% Change
Volume
$112,992,375
$163,470,860
-31%
Units
119
111
Median Price
$720,000
$728,975
-1%
Average Price
$949,515
$1,472,710
-36%
Units Under $1M
94
81
Units Over $1M
25
30
-17%
CONDOS
2020
2019
% Change
Volume
$18,850,000
$15,373,000
Units
31
39
Median Price
$400,000
$375,000
7%
Average Price
$608,064
$394,179
54%
Units Under $500K
23
35
Units Over $500K
8
7%
16%
530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.
4
23% -21%
-34% 100%
North & West Shore 2020 Mid-Year Statistics | January 1st - June 30th
40 35
119 Units Sold
30 25 20 15 10 5 0
25
38
31
14
4
5
$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
2
Truckee 2020 Mid-Year Statistics | January 1st - June 30th
SINGLE FAMILY
2020
2019
Volume
$362,731,003
$308,722,714
17%
Units
320
272
18%
Median Price
$728,750
$765,000
-5%
Average Price
$1,133,534
$1,135,009
0%
Units Under $1M
225
190
18%
Units Over $1M
95
82
16%
CONDOS
2020
2019
% Change
Volume
$54,234,392
$66,340,559
-18%
Units
85
109
-22%
Median Price
$475,000
$452,500
5%
Average Price
$638,051
$608,628
5%
Units Under $500K
48
65
-26%
Units Over $500K
37
44
-16%
530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.
% Change
Truckee 2020 Mid-Year Statistics | January 1st - June 30th
100
320 Units Sold
80
60
40
20
0
44
125
56
36
20
$0$449,999
$500,000$749,999
$750,000$999,999
$1,000,000$1,499,999
$1,500,000$1,999,999
32
7
$2,000,000Over $4,999,999 $5,000,000
Tahoe Donner 2020 Mid-Year Statistics | January 1st - June 30th
SINGLE FAMILY
2020
2019
% Change
Volume
$78,170,407
$84,475,935
-7%
Units
103
105
-2%
Median Price
$715,000
$739,000
-3%
Average Price
$758,935
$804,532
-6%
Units Under $1M
88
88
0%
Units Over $1M
15
17
-12%
CONDOS
2020
2019
% Change
Volume
$5,814,000
$9,331,359
-38%
Units
17
27
-37%
Median Price
$329,000
$368,000
-11%
Average Price
$342,000
$345,605
-1%
Units Under $500K
15
27
-44%
Units Over $500K
2
0
0%
530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.
Tahoe Donner 2020 Mid-Year Statistics | January 1st - June 30th
40
103 Units Sold
30
20
10
0
10
51
27
13
2
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
Reno-Sparks-Carson 2020 Mid-Year Statistics | January 1st - June 30th
2020 vs 2019
RENO
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1M Units Over $1M
SPARKS
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1M Units Over $1M
RENO/SPARKS
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1M Units Over $1M
CARSON VALLEY
CARSON CITY
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1M Units Over $1M
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1M Units Over $1M
2020 $929,968,559 1,855 $420,000 $501,330 1,760 95
2019 $981,753,746 2,013 $400,000 $487,706 1,906 107
2020 $339,733,797 842 $381,500 $403,484 841 1
2019 $344,257,190 920 $354,000 $374,192 917 3
2020 $1,269,702,356 2,697 $405,000 $470,783 2,601 96
2019 $1,326,125,936 2,934 $380,972 $451,985 2,824 110
2020 $106,025,592 268 $356,870 $395,617 268 0
2019 $117,856,995 303 $349,000 $388,966 300 3
2020 $185,196,454 356 $444,665 $520,214 338 18
2019 $186,558,781 378 $430,000 $493,541 369 9
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.
% -5% -8% 5% 3% -8% -11%
% -1% -8% 8% 8% -8% -67%
% -4% -8% 6% 4% -8% -13%
% -10% -12% 2% 2% -11% -300%
% -1% -6% 3% 5% -8% 100%
CONDOS
Volume Units Median Price Average Price Units Under $500K Units Over $500K
CONDOS
Volume Units Median Price Average Price Units Under $500K Units Over $500K
CONDOS
Volume Units Median Price Average Price Units Under $500K Units Over $500K
CONDOS
Volume Units Median Price Average Price Units Under $500K Units Over $500K
2020 $98,409,303 385 $250,750 $255,608 377 8
2019 $125,375,441 515 $240,000 $243,447 504 11
2020 $17,896,081 78 $222,500 $229,436 78 0
2019 $24,020,125 114 $200,000 $210,702 114 0
2020 $116,305,384 463 $243,000 $251,199 455 8
2019 $149,395,566 629 $230,000 $237,512 618 11
2020 $15,055,609 48 $215,500 $313,658 47 1
2019 $11,396,223 52 $199,450 $219,158 52 0
% -22% -25% 4% 5% -25% -27%
% -25% -32% 11% 9% -32% 0%
% -22% -26% 6% 6% -26% -27%
% 32% -8% 8% 43% -10% 100%
Reno-Sparks 2020 Mid-Year Statistics | January 1st - June 30th
2020 vs 2019 SALES VOLUME
UNITS SOLD
$1.4M
4,000
$1.2M $1M
3,000
-4% DECREASE
$800 2,000
$600 $400
-22% DECREASE
-8% DECREASE
1,000
-26% DECREASE
$200 0
0 $1,269,702,356 2020
$1,326,125,936 2019
$116,305,384 2020
$149,395,566 2019
463 2020
2,934 2019
629 2019
CONDOS
SINGLE FAMILY
CONDOS
SINGLE FAMILY
2,697 2020
MEDIAN & AVERAGE PRICE $450,000 $400,000 $350,000
4% INCREASE 6% INCREASE
$300,000
6% INCREASE 6% INCREASE
$250,000 $200,000 $150,000 $100,000 $50,000 $0 $405,000
$380,972
$470,783
$451,985
$243,000
$230,000
$251,199
$237,512
Median 2020
Median 2019
Average 2020
Average 2019
Median 2020
Median 2019
Average 2020
Average 2019
SINGLE FAMILY
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.
CONDOS
Reno 2020 Mid-Year Statistics | January 1st - June 30th
SINGLE FAMILY
2020
2019
% Change
Volume
$929,968,559
$981,753,746
-5%
Units
1,855
2,013
-8%
Median Price
$420,000
$400,000
5%
Average Price
$501,330
$487,706
3%
Units Under $1M
1,760
1,906
-8%
Units Over $1M
95
107
-11%
CONDOS
2020
2019
% Change
Volume
$98,409,303
$125,375,441
-22%
Units
385
515
-25%
Median Price
$250,750
$240,000
4%
Average Price
$255,608
$243,447
5%
Units Under $500K
377
504
-25%
Units Over $500K
8
11
-27%
775.737.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.
Reno 2020 Mid-Year Statistics | January 1st - June 30th
600
500
1,855 Units Sold
400
300
200
100
0
207
601
447
407
98
95
$0$299,999
$300,000$399,999
$400,000$499,999
$500,000$749,999
$750,000$999,999
Over $1,000,000
Sparks 2020 Mid-Year Statistics | January 1st - June 30th
SINGLE FAMILY
2020
2019
% Change
Volume
$339,733,797
$344,257,190
-1%
Units
842
920
-8%
Median Price
$381,500
$354,000
8%
Average Price
$403,484
$374,192
8%
Units Under $1M
841
917
-8%
Units Over $1M
1
3
-67%
CONDOS
2020
2019
% Change
Volume
$17,896,081
$24,020,125
-25%
Units
78
114
-32%
Median Price
$222,500
$200,000
11%
Average Price
$229,436
$210,702
9%
Units Under $500K
78
114
Units Over $500K
0
0
775.850.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.
-32% 0%
Sparks 2020 Mid-Year Statistics | January 1st - June 30th
400 350
842 Units Sold
300 250 200 150 100 50 0
97
384
244
103
13
1
$0$299,999
$300,000$399,999
$400,000$499,999
$500,000$749,999
$750,000$999,999
Over $1,000,000
Carson City 2020 Mid-Year Statistics | January 1st - June 30th
SINGLE FAMILY
2020
2019
% Change
Volume
$106,025,592
$117,856,995
-10%
Units
268
303
-12%
Median Price
$356,870
$349,000
2%
Average Price
$395,617
$388,966
2%
Units Under $1M
268
300
-11%
Units Over $1M
0
3
-100%
CONDOS
2020
2019
% Change
Volume
$15,055,609
$11,396,223
Units
48
52
Median Price
$215,500
$199,450
8%
Average Price
$313,658
$219,158
43%
Units Under $500K
47
52
Units Over $500K
1
0
775.782.2777 | chaseinternational.com Information gathered from NNRMLS 07/03/2020.
32% -8%
-10% 100%
Carson City 2020 Mid-Year Statistics | January 1st - June 30th 120
100
268 Units Sold
80
60
40
20
0
53
128
34
51
2
0
$0$299,999
$300,000$399,999
$400,000$499,999
$500,000$749,999
$750,000$999,999
Over $1,000,000
Carson Valley 2020 Mid-Year Statistics | January 1st - June 30th
SINGLE FAMILY
2020
2019
% Change
Volume
$185,196,454
$186,558,781
-1%
Units
356
378
-6%
Median Price
$444,665
$430,000
3%
Average Price
$520,214
$493,541
5%
Units Under $1M
338
369
Units Over $1M
18
9
775.782.2777 | chaseinternational.com Information gathered from NNRMLS 07/03/2020.
-8% 100%
Carson Valley 2020 Mid-Year Statistics | January 1st - June 30th
120
356 Units Sold
100
80
60
40
20
0
26
126
70
91
25
18
$0$299,999
$300,000$399,999
$400,000$499,999
$500,000$749,999
$750,000$999,999
Over$1,000,000
Fernley 2020 Mid-Year Statistics | January 1st - June 30th
SINGLE FAMILY
2020
2019
% Change
Volume
$75,626,802
$80,804,386
-6%
Units
256
291
-12%
Median Price
$275,000
$265,000
4%
Average Price
$295,417
$277,678
6%
Units Under $1M
256
291
Units Over $1M
0
0
775.782.2777 | chaseinternational.com Information gathered from NNRMLS 07/03/2020.
-12% 0%
Fernley 2020 Mid-Year Statistics | January 1st - June 30th
200
256 Units Sold
150
100
50
0
166
73
13
4
$0$299,999
$300,000$399,999
$400,000$499,999
Over $500,000
“
We empower people to think in terms of 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. Shari Chase President CIPS , CRS, CLHMS
ONE COMPANY.
ONE HEART. ONE PHILOSOPHY.
NEARLY $1.5 BILLION IN ANNUAL SALES. Chase International is one of the nation’s most successful independent real estate firms specializing in unique and distinctive luxury properties in the Tahoe/Reno/Vegas regions. We are proud to have sold nearly $1.5 billion in annual sales, brokering 2,484 transaction sides. With more than 370 highly qualified professional REALTORS® and 11 real estate locations, we are committed to our clients’ success. Chase has the most knowledgeable agents with the experience and connections to serve your needs. One Company, One Heart is more than just a slogan. It is our credo, our way of life.
THE LEADER IN LUXURY REAL ESTATE
|
CHASEINTERNATIONAL.COM
Zephyr Cove | Glenbrook | Incline Village | South Lake Tahoe | Tahoe City | Truckee Reno | Sparks | Carson Valley | Henderson | London
Julie Kozich Chief Real Estate Officer CA DRE 01890055 jkozich@chaseinternational.com Julie Kozich 949 610Estate 5780 Cell Chief Real Officer 775 850 5994 Office CA DRE 01890055
jkozich@chaseinternational.com 949 610 5780 Cell 775 850 5994 Office
Š 2020 Chase International. All rights are reserved by Chase International, and content may not be reproduced, downloaded, disseminated, published, or transferred in any form or by any means, except with the prior written permission of Chase International. All information is deemed reliable but is not guaranteed accurate.
Š 2020 Chase International. All rights are reserved by Chase International, and content may not be reproduced, downloaded, disseminated, published, or transferred in any form or by any means, except with the prior written permission of Chase International. All information is deemed reliable but is not guaranteed accurate.