2021 Q1 Market Stats by Chase International

Page 1

2021 Q1 MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY

INCLINE VILLAGE, NEVADA SOLD BY THE DONOVAN GROUP

Check current market value for your home at chaseinternational.com/value


Lake Tahoe 2021 Q1 Statistics | January 1st - March 31st

2021 vs 2020 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

2021 $117,930,000 49 $1,410,000 $2,406,734 10 39

2020 $29,713,000 24 $995,000 $1,238,041 14 10

2021

2020

% 297% 104% 48% 94% -29% 290%

CONDOS

Volume Units Median Price Average Price Units Under $500K Units Over $500K

%

CONDOS

$138,874,499

$54,945,995

153%

Volume

170 $717,500 $816,909 132 38

98 $440,500 $560,673 93 5

73% 61% 46% 42% 660%

2021 $210,502,700 63 $2,150,000 $3,341,313 8 55

2020 $54,341,440 36 $1,175,000 $1,509,484 15 21

2021 $135,246,400 80 $999,500 $1,690,580 40 40

2020 $53,094,500 48 $675,000 $1,106,135 38 10

2021 $602,553,599 362 $972,500 $1,664,513 190 172

2020 $192,094,935 206 $652,500 $932,500 160 46

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/05/2021.

% 287% 75% 83% 121% -47% 162%

% 155% 67% 48% 53% 5% 300%

% 214% 76% 49% 79% 19% 274%

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

2021 $26,615,000 31 $625,000 $858,548 10 21

2021

2020 $8,888,000 17 $465,000 $522,823 10 7

2020

% 199% 82% 34% 64% 0% 200%

%

$15,949,550

$13,570,900

18%

29 $410,000 $549,984 17 12

29 $352,000 $467,962 18 11

0% 16% 18% -6% 9%

2021 $40,991,300 45 $765,000 $910,918 5 40

2021 $9,819,000 12 $577,000 $818,250 5 7

2021 $93,374,850 117 $645,000 $798,076 37 80

2020 $29,562,800 39 $492,000 $758,021 21 18

2020 $10,768,000 21 $384,000 $512,761 15 6

2020 $62,789,700 106 $441,500 $592,356 64 42

% 39% 15% 55% 20% -76% 122%

% -9% -43% 50% 60% -67% 17%

% 49% 10% 46% 35% -42% 90%


Lake Tahoe 2021 Q1 Statistics | January 1st - March 31st

2021 vs 2020 SALES VOLUME

UNITS SOLD 350

600

300

214% INCREASE

400

250

76% INCREASE

$ IN MILLIONS

200 200

10% INCREASE

49% INCREASE

100

100

$0

0 $602,553,599 2021

$192,094,935 2020

$93,374,850 2021

$62,789,700 2020

117 2021

206 2020

106 2020

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

362 2021

MEDIAN & AVERAGE PRICE

$1,000,000

$800,000

49% INCREASE

$600,000

79% INCREASE

35% INCREASE

$400,000 46% INCREASE

$200,000

$0 $972,500

$652,500

$1,664,513

$932,500

$645,000

$441,500

$798,076

$592,356

Median 2021

Median 2020

Average 2021

Average 2020

Median 2021

Median 2020

Average 2021

Average 2020

SINGLE FAMILY

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/05/2021.

CONDOS


East Shore 2021 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2021

2020

% Change

Volume

$117,930,000

$29,713,000

297%

Units

49

24

104%

Median Price

$1,410,000

$955,000

48%

Average Price

$2,406,734

$1,238,041

94%

Units Under $1M

10

14

-29%

Units Over $1M

39

10

290%

CONDOS

2021

2020

% Change

Volume

$26,615,000

$8,888,000

199%

Units

31

17

82%

Median Price

$625,000

$465,000

34%

Average Price

$858,548

$522,823

64%

Units Under $500K

10

10

0%

Units Over $500K

21

7

200%

775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/05/2021.


East Shore 2021 Q1 Statistics | Single Family | January 1st - March 31st

18

49 Units Sold

14

10

6

2

0

2

0

8

16

6

7

6

4

$0-

$500,000-

$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

$499,999


South Shore 2021 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2021

2020

% Change

Volume

$138,874,499

$54,945,995

153%

Units

170

98

73%

Median Price

$717,500

$444,500

61%

Average Price

$816,909

$560,673

46%

Units Under $1M

132

93

42%

Units Over $1M

38

5

660%

CONDOS

2021

2020

% Change

Volume

$15,949,550

$13,570,900

18%

Units

29

29

0%

Median Price

$410,000

$352,000

16%

Average Price

$549,984

$467,962

18%

Units Under $500K

17

18

-6%

Units Over $500K

12

11

9%

530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/05/2021.


South Shore 2021 Q1 Statistics | Single Family | January 1st - March 31st

60

170 Units Sold

50

40

30

20

0

34

58

40

29

6

3

$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 2021 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2021

2020

% Change

Volume

$210,502,700

$54,341,440

287%

Units

63

36

75%

Median Price

$2,150,000

$1,175,000

83%

Average Price

$3,341,313

$1,509,484

121%

Units Under $1M

8

15

-47%

Units Over $1M

55

21

162%

CONDOS

2021

2020

% Change

Volume

$40,991,300

$29,562,800

39%

Units

45

39

15%

Median Price

$765,000

$492,000

55%

Average Price

$910,918

$758,021

20%

Units Under $500K

5

21

-76%

Units Over $500K

40

775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/05/2021.

18

122%


Incline Village 2021 Q1 Statistics | Single Family | January 1st - March 31st

20

63 Units Sold

15

10

5

3

0 *Includes PUD’s

3

5

12

7

18

8

10

$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


North & West Shore 2021 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2021

2020

% Change

Volume

$135,246,400

$53,094,500

155%

Units

80

48

67%

Median Price

$999,500

$675,000

48%

Average Price

$1,690,580

$1,106,135

53%

Units Under $1M

40

38

5%

Units Over $1M

40

10

300%

CONDOS

2021

2020

% Change

Volume

$9,819,000

$10,768,000

-9%

Units

12

21

-43%

Median Price

$577,000

$384,000

50%

Average Price

$818,250

$512,761

60%

Units Under $500K

5

15

-67%

Units Over $500K

7

6

17%

530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/05/2021.


North & West Shore 2021 Q1 Statistics | Single Family | January 1st - March 31st

20

80 Units Sold 10

5

0

5

12

23

16

12

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

2


Truckee 2021 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2021

2020

% Change

Volume

$316,948,331

$151,336,277

109%

Units

160

127

26%

Median Price

$1,225,050

$740,000

66%

Average Price

$1,993,385

$1,191,624

67%

Units Under $1M

69

86

-20%

Units Over $1M

91

41

122%

CONDOS

2021

2020

% Change

Volume

$64,716,979

$36,910,392

75%

Units

82

55

49%

Median Price

$633,000

$525,000

21%

Average Price

$789,231

$671,098

18%

Units Under $500K

20

26

-23%

Units Over $500K

62

29

114%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/05/2021.


Truckee 2021 Q1 Statistics | Single Family | January 1st - March 31st

50

160 Units Sold

40

30

20

0

5

16

48

30

21

$0$449,999

$500,000$749,999

$750,000$999,999

$1,000,000$1,499,999

$1,500,000$1,999,999

27

13

$2,000,000Over $4,999,999 $5,000,000


Tahoe Donner 2021 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2021

2020

% Change

Volume

$50,592,931

$33,670,775

50%

Units

48

47

2%

Median Price

$960,000

$650,000

48%

Average Price

$1,054,019

$716,399

47%

Units Under $1M

26

41

-37%

Units Over $1M

22

6

267%

CONDOS

2021

2020

% Change

Volume

$7,258,000

$2,538,000

186%

Units

15

7

114%

Median Price

$522,000

$382,000

37%

Average Price

$483,866

$362,571

33%

Units Under $500K

6

7

-14%

Units Over $500K

9

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 04/05/2021.


Tahoe Donner 2021 Q1 Statistics | Single Family | January 1st - March 31st

25

48 Units Sold

20

15

10

5

0

0

6

20

18

4

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 2021 Q1 Statistics | January 1st - March 31st

2021 vs 2020

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

2021 $526,650,653 830 $488,081 $634,518 737 93

2020 $475,810,075 951 $420,000 $500,326 905 46

2021 $181,741,560 389 $428,000 $467,201 386 3

2020 $167,995,159 422 $377,168 $398,092 421 1

2021 $708,392,213 1,219 $464,000 $581,125 1,123 96

2020 $643,805,234 1,373 $403,206 $468,904 1,326 47

2021 $76,562,780 154 $427,000 $497,160 144 10

2020 $50,068,768 128 $357,625 $391,162 128 0

2021 $116,834,329 167 $550,000 $699,606 151 16

2020 $97,248,342 187 $457,000 $520,044 176 11

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/05/2021.

% 11% -13% 16% 27% -19% 102%

% 8% -8% 13% 17% -8% 200%

% 10% -11% 15% 24% -15% 104%

% 53% 20% 19% 27% 13% 0%

% 20% -11% 20% 35% -14% 45%

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

2021 $71,034,225 242 $267,500 $293,529 222 20

2020 $52,633,475 205 $255,000 $256,748 202 3

2021 $10,364,000 44 $231,500 $235,545 44 0

2020 $10,750,681 47 $225,000 $228,737 47 0

2021 $81,398,225 286 $249,700 $284,609 266 20

2020 $63,384,156 252 $243,000 $251,524 249 3

2021 $6,693,100 24 $267,500 $278,879 24 0

2020 $10,168,031 28 $199,950 $363,143 27 1

% 35% 18% 5% 14% 10% 567%

% -4% -6% 3% 3% -6% 0%

% 28% 13% 3% 13% 7% 567%

% -34% -14% 34% -23% -11% 100%


Reno-Sparks 2021 Q1 Statistics | January 1st - March 31st

2021 vs 2020 SALES VOLUME $700

1,400

$600

1,200

$500

$ IN MILLIONS

UNITS SOLD

10% INCREASE

1,000

$400

800

$300

600

$200

-11% DECREASE

400

13% INCREASE

28% INCREASE

$100

200

$0

0 $708,392,213 2021

$643,805,234 2020

$81,398,225 2021

$63,384,156 2020

286 2021

1,373 2020

252 2020

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

1,219 2021

MEDIAN & AVERAGE PRICE $500,000 $450,000 24% INCREASE

$400,000 $350,000

15% INCREASE

$300,000

3% INCREASE

$250,000 $200,000

13% INCREASE

$150,000 $100,000 $0 $464,000

$403,206

$581,125

$468,904

$249,700

$243,000

$284,609

$251,524

Median 2021

Median 2020

Average 2021

Average 2020

Median 2021

Median 2020

Average 2021

Average 2020

SINGLE FAMILY

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/05/2021.

CONDOS


Reno 2021 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2021

2020

% Change

Volume

$526,650,653

$475,810,075

11%

Units

830

951

-13%

Median Price

$488,081

$420,000

16%

Average Price

$634,518

$500,326

27%

Units Under $1M

737

905

-19%

Units Over $1M

93

46

102%

CONDOS

2021

2020

% Change

Volume

$71,034,225

$52,633,475

35%

Units

242

205

18%

Median Price

$267,500

$255,000

5%

Average Price

$293,529

$256,748

14%

Units Under $500K

222

202

10%

Units Over $500K

20

3

567%

775.737.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/05/2021.


Reno 2021 Q1 Statistics | Single Family | January 1st - March 31st

300

250

830 Units Sold

200

150

100

50

0

31

199

202

232

73

93

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over $1,000,000


Sparks 2021 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2021

2020

% Change

Volume

$181,741,560

$167,995,159

8%

Units

389

422

-8%

Median Price

$428,000

$377,168

13%

Average Price

$467,201

$398,092

17%

Units Under $1M

386

421

-8%

Units Over $1M

3

1

200%

CONDOS

2021

2020

% Change

Volume

$10,364,000

$10,750,681

-4%

Units

44

47

-6%

Median Price

$231,500

$225,000

3%

Average Price

$235,545

$228,737

3%

Units Under $500K

44

47

-6%

Units Over $500K

0

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 04/05/2021.


Sparks 2021 Q1 Statistics | Single Family | January 1st - March 31st

150

389 Units Sold

100

75

50

0

21

120

139

89

17

3

$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 2021 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2021

2020

% Change

Volume

$76,562,780

$50,068,768

53%

Units

154

128

20%

Median Price

$427,000

$357,625

19%

Average Price

$497,160

$391,162

27%

Units Under $1M

144

128

13%

Units Over $1M

10

0

0%

CONDOS

2021

2020

% Change

Volume

$6,693,100

$10,168,031

-34%

Units

24

28

-14%

Median Price

$267,500

$199,950

34%

Average Price

$278,879

$363,143

-23%

Units Under $500K

24

27

-11%

Units Over $500K

0

1

100%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/05/2021.


Carson City 2021 Q1 Statistics | Single Family | January 1st - March 31st

50

154 Units Sold

40

30

20

0

19

46

39

35

5

10

$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 2021 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2021

2020

% Change

Volume

$116,834,329

$97,248,342

20%

Units

167

187

-11%

Median Price

$550,000

$457,000

20%

Average Price

$699,606

$520,044

35%

Units Under $500K

151

176

-14%

Units Over $500K

16

11

45%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/05/2021.


Carson Valley 2021 Q1 Statistics | Single Family | January 1st - March 31st

60

167 Units Sold

50

40

30

20

0

3

31

35

54

28

16

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over$1,000,000


Fernley 2021 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2021

2020

% Change

Volume

$49,817,265

$37,774,594

32%

Units

150

128

-100%

Median Price

$315,305

$275,500

14%

Average Price

$332,115

$295,114

13%

Units Under $1M

150

128

17%

Units Over $1M

0

0

0%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/05/2021.


Fernley 2021 Q1 Statistics | Single Family | January 1st - March 31st

80

150 Units Sold

60

40

20

0

52

84

9

5

$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.

$2.5 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 380 compassionate and determined REALTORS® in 12 locations, we are committed to our clients’ success. We have more qualified luxury professionals and top lakefront specialists with the experience and connections to serve all your needs. THE LEADER IN LUXURY REAL ESTATE

|

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© 2021 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.


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