2023 Mid-Year Tahoe Reno Market Stats

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2023 MID-YEAR MARKET STATS

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LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY | LAKE ALMANOR

Lake Tahoe

2023 Mid-Year Statistics 2023 vs 2022

NORTH & WEST SHORE EAST SHORE SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $80,961,000 34 $1,885,000 $2,381,205 5 29 $143,430,000 46 $1,750,000 $3,118,043 6 40 -44% -26% 8% -24% -17% -28% Volume Units Median Price Average Price Units Under $500K Units Over $500K $21,895,000 24 $638,750 $912,312 7 17 $50,854,200 56 $702,500 $896,205 15 41 -57% -57% -9% 2% -53% -59% SOUTH SHORE SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $123,217,330 139 $680,000 $886,456 105 34 $292,597,768 304 $781,444 $962,493 217 87 -58% -54% -13% -8% -52% -61% Volume Units Median Price Average Price Units Under $500K Units Over $500K $13,720,000 24 $445,000 $571,667 13 11 $27,876,025 44 $497,500 $633,546 22 22 -51% -45% -11% -10% -41% -50% SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $89,368,650 65 $1,200,000 $1,374,902 26 39 $225,488,900 103 $1,200,000 $2,189,212 37 66 -60% -37% 0% -37% -30% -41% Volume Units Median Price Average Price Units Under $500K Units Over $500K $37,047,300 45 $657,000 $823,273 11 34 $29,707,750 32 $762,500 $928,367 10 22 25% 41% -14% -11% 10% 55% INCLINE VILLAGE SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $142,268,000 39 $2,375,000 $3,647,897 4 35 $240,418,866 76 $2,439,000 $3,163,406 8 68 -41% -49% -3% 15% -50% -49% Volume Units Median Price Average Price Units Under $500K Units Over $500K $46,291,323 40 $870,000 $1,157,283 0 40 $89,425,300 77 $950,000 $1,161,368 4 73 -48% -48% -8% 0% -100% -45% LAKE TOTALS SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $435,814,980 277 $996,500 $1,573,339 140 137 $901,935,534 529 $955,000 $1,704,982 268 261 -52% -48% 4% -8% -48% -48% Volume Units Median Price Average Price Units Under $500K Units Over $500K $118,953,623 133 $690,000 $894,388 31 102 $197,863,275 209 $765,000 $946,714 51 158 -40% -36% -10% -6% -39% -35%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023.

Lake Tahoe

2023 Mid-Year Statistics 2023 vs 2022

MEDIAN & AVERAGE PRICE $955,000 Median 2022 $996,500 Median 2023 $1,704,982 Average 2022 $1,573,339 Average 2023 SINGLE FAMILY CONDOS $2 $1.5 $1 $0 $765,000 Median 2022 $690,000 Median 2023 $946,714 Average 2022 $894,388 Average 2023 SALES VOLUME UNITS SOLD $435,814,980 2023 $901,935,534 2022 SINGLE FAMILY $118,953,623 2023 $197,863,275 2022 CONDOS 277 2023 529 2022 SINGLE FAMILY 133 2023 209 2022 CONDOS -52% DECREASE -40% DECREASE -36% DECREASE -48% DECREASE -6% DECREASE -10% DECREASE 4% INCREASE -8% DECREASE $ IN MILLIONS 1200 900 600 300 $0 $ IN MILLIONS 1000 750 500 250 100 0
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023.

SINGLE FAMILY

East Shore

2023 Mid-Year Statistics 775.588.6130 | CHASEINTERNATIONAL.COM
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $80,961,000 34 $1,885,000 $2,381,205 5 29 2022 $143,430,000 46 $1,750,000 $3,118,043 6 40 % Change -44% -26% 8% -24% -17% -28%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023.
Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $21,895,000 24 $638,750 $912,312 7 17 2022 $50,854,200 56 $702,500 $896,205 15 41 % Change -57% -57% -9% 2% -53% -59% CONDOS

East Shore

2023 Mid-Year Statistics

0 $0$499,999 1 $500,000$749,999 4 $750,000$999,999 9 $1,000,000$1,499,999 6 $1,500,000$1,999,999 9 $2,000,000$2,999,999 2 $3,000,000$4,999,999 10 8 6 4 2 0 34 Units Sold 3 Over $5,000,000

South Shore

530.544.2121 | CHASEINTERNATIONAL.COM
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $123,217,330 139 $680,000 $886,456 105 34 2022 $292,597,768 304 $781,444 $962,493 217 87 % Change -58% -54% -13% -8% -52% -61% SINGLE FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $13,720,000 24 $445,000 $571,667 13 11 2022 $27,876,025 44 $497,500 $633,546 22 22 % Change -51% -45% -11% -10% -41% -50% CONDOS
2023 Mid-Year Statistics
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023.

South Shore

2023 Mid-Year Statistics

25 $0$499,999 54 $500,000$749,999 26 $750,000$999,999 21 $1,000,000$1,499,999 6 $1,500,000$1,999,999 7 Over $2,000,000 50 40 30 20 10 0
Units Sold
139

SINGLE FAMILY

Incline Village

2023 Mid-Year Statistics

775.831.7300 | CHASEINTERNATIONAL.COM
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $142,268,000 39 $2,375,000 $3,647,897 4 35 2022 $240,418,866 76 $2,439,000 $3,163,406 8 68 % Change -41% -49% -3% 15% -50% -49%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023.
Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $46,291,323 40 $870,000 $1,157,283 0 40 2022 $89,425,300 77 $950,000 $1,161,368 4 73 % Change -48% -48% -8% 0% -100% -45% CONDOS

Incline Village

2023 Mid-Year Statistics

PUD’s 1 $0$749,999 3 $750,000$999,999 6 $1,000,000$1,499,999 6 $1,500,000$1,999,999 9 $2,000,000$2,999,999 8 $3,000,000$4,999,999 6 Over $5,000,000 8 6 4 2 0
Units Sold
*Includes
39

North & West Shore

2023 Mid-Year Statistics

SINGLE FAMILY

530.581.0722 | CHASEINTERNATIONAL.COM
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $89,368,650 65 $1,200,000 $1,374,902 26 39 2022 $225,488,900 103 $1,200,000 $2,189,212 37 66 % Change -60% -37% 0% -37% -30% -41%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023.
Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $37,047,300 45 $657,000 $823,273 11 34 2022 $29,707,750 32 $762,500 $928,367 10 22 % Change 25% 41% -14% -11% 10% 55% CONDOS

North & West Shore

2023 Mid-Year Statistics

0 $0$499,999 10 $500,000$749,999 16 $750,000$999,999 16 $1,000,000$1,499,999 14 $1,500,000$1,999,999 8 $2,000,000$4,999,999 10 Over $5,000,000 15 10 5 0 74 Units Sold

2023 Mid-Year Statistics

SINGLE FAMILY

Truckee
530.550.2464 | CHASEINTERNATIONAL.COM
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $340,488,051 172 $1,147,000 $1,979,581 60 112 2022 $680,305,086 325 $1,350,000 $2,093,246 85 240 % Change -50% -47% -15% -5% -29% -53%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023.
Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $81,377,828 71 $787,500 $1,146,166 17 54 2022 $108,210,559 115 $780,000 $940,961 21 94 % Change -25% -38% 1% 22% -19% -43% CONDOS

2023 Mid-Year Statistics

Truckee
2 $0$449,999 20 $500,000$749,999 38 $750,000$999,999 53 $1,000,000$1,499,999 16 $1,500,000$1,999,999 27 $2,000,000$4,999,999 17 Over $5,000,000 50 40 30 20 10 0
Units Sold
173

SINGLE FAMILY

Tahoe Donner

2023 Mid-Year Statistics

| CHASEINTERNATIONAL.COM
530.550.2464
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $56,501,000 47 $1,100,000 $1,202,148 15 32 2022 $162,255,799 115 $1,300,000 $1,410,919 23 92 % Change -65% -59% -15% -15% -35% -65%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023.
Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $6,495,000 11 $655,000 $590,454 4 7 2022 $14,384,200 26 $608,500 $553,238 10 16 % Change -55% -58% 8% 7% -60% -56% CONDOS

Tahoe Donner

2023 Mid-Year Statistics

0 $0$499,999 3 $500,000$749,999 12 $750,000$999,999 24 $1,000,000$1,499,999 5 $1,500,000$1,999,999 3 Over $2,000,000 20 15 10 5 3 0 47 Units Sold

Reno-Sparks-Carson

2023 Mid-Year Statistics 2023 vs 2022

RENO SPARKS RENO/SPARKS CARSON VALLEY CARSON CITY SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $371,204,214 688 $515,000 $539,541 679 9 $471,570,868 820 $549,000 $575,086 799 21 -21% -16% -6% -6% -15% -57% Volume Units Median Price Average Price Units Under $500K Units Over $500K $29,221,805 91 $315,000 $321,118 90 1 $38,420,087 122 $300,000 $314,918 120 2 -24% -25% 5% 2% -25% -50% SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $1,371,768,771 2,095 $540,000 $654,782 1,901 194 $1,940,620,256 2758 $585,000 $703,633 2429 329 -29% -24% -8% -7% -22% -41% Volume Units Median Price Average Price Units Under $500K Units Over $500K $148,830,731 425 $322,000 $350,189 384 41 $192,296,482 551 $325,000 $348,995 483 68 -23% -23% -1% 0% -20% -40% SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $121,407,184 224 $479,000 $541,996 217 7 $208,526,586 369 $490,000 $565,112 357 12 -42% -39% -2% -4% -39% -42% Volume Units Median Price Average Price Units Under $500K Units Over $500K $10,975,841 37 $285,000 $296,644 37 0 $19,419,782 61 $301,000 $318,357 61 0 -43% -39% -5% -7% -39% 0% SINGLE FAMILY 2022 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $189,297,870 275 $536,750 $688,355 242 33 $281,280,430 379 $605,000 $742,164 326 53 -33% -27% -11% -7% -26% -38% SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $1,000,564,557 1407 $560,000 $711,133 1222 185 $1,469,049,388 1938 $615,000 $758,023 1630 308 -32% -27% -9% -6% -25% -40% Volume Units Median Price Average Price Units Under $500K Units Over $500K $119,608,926 334 $325,000 $358,110 294 40 $153,786,395 429 $339,500 $358,686 363 66 -22% -22% -4% 0% -19% -39%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023

Reno-Sparks

2023 Mid-Year Statistics 2023 vs 2022

MEDIAN &

PRICE

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023.
$585,000 Median 2022 $540,000 Median 2023 $703,633 Average 2022 $654,782 Average 2023 SINGLE FAMILY CONDOS $750,000 $700,000 $650,000 $600,000 $550,000 $500,000 $450,000 $400,000 $350,000 $300,000 $0 $325,000 Median 2022 $322,000 Median 2023 $348,995 Average 2022 $350,189 Average 2023 SALES VOLUME UNITS SOLD $1,371,768,771 2023 $1,940,620,256 2022 SINGLE FAMILY $148,830,731 2023 $192,296,482 2022 CONDOS 2,095 2023 2,758 2022 SINGLE FAMILY 425 2023 551 2022 CONDOS -23% DECREASE 0% INCREASE -1% DECREASE -8% DECREASE -7% DECREASE -23% DECREASE -24% DECREASE -29% DECREASE $2,500 $2,250 $2,000 $1,750 $1,500 $1,250 $1,000 $0 $ IN BILLIONS 2,500 2,250 2,000 1,750 1,500 1,250 1,000 0
AVERAGE

SINGLE FAMILY

Reno

2023 Mid-Year Statistics

775.737.5900 | CHASEINTERNATIONAL.COM Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $1,000,564,557 1407 $560,000 $711,133 1222 185 2022 $1,469,049,388 1938 $615,000 $758,023 1630 308 % Change -32% -27% -9% -6% -25% -40%
Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $119,608,926 334 $325,000 $358,110 294 40 2022 $153,786,395 429 $339,500 $358,686 363 66 % Change -22% -22% -4% 0% -19% -39%
CONDOS

2023 Mid-Year Statistics

Reno
24 $0$299,999 142 $300,000$399,999 367 $400,000$499,999 497 $500,000$749,999 194 $750,000$999,999 185 Over $1,000,000 500 400 300 200 100 0 1,409 Units Sold

2023 Mid-Year Statistics

Sparks
| CHASEINTERNATIONAL.COM
775.850.5900
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $371,204,214 688 $515,000 $539,541 679 9 2022 $471,570,868 820 $549,000 $575,086 799 21
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023.
Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $29,221,805 91 $315,000 $321,118 90 1 2022 $38,420,087 122 $300,000 $314,918 120 2 % Change -24% -25% 5% 2% -25% -50% CONDOS % Change -21% -16% -6% -6% -15% -57%
SINGLE FAMILY
9 $0$299,999 59 $300,000$399,999 239 $400,000$499,999 340 $500,000$749,999 32 $750,000$999,999 9 Over $1,000,000 300 200 100 0 688 Units Sold
Sparks 2023 Mid-Year Statistics

Carson Valley 2023 Mid-Year Statistics

775.782.2777 | CHASEINTERNATIONAL.COM Information gathered from NNRMLS 6/30/2023. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $189,297,870 275 $536,750 $688,355 242 33 2022 $281,280,430 379 $605,000 $742,164 326 53 % Change -33% -27% -11% -7% -26% -38% SINGLE FAMILY

Carson Valley

2023 Mid-Year Statistics

3 $0$299,999 30 $300,000$399,999 77 $400,000$499,999 99 $500,000$749,999 33 $750,000$999,999 100 75 50 25 0 33 Over$1,000,000 275 Units
Sold

Carson City

2023 Mid-Year Statistics

775.782.2777 | CHASEINTERNATIONAL.COM Information gathered from NNRMLS 6/30/2023. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $121,407,184 224 $479,000 $541,996 217 7 2022 $208,526,586 369 $490,000 $565,112 357 12 % Change -42% -39% -2% -4% -39% -42%
FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $10,975,841 37 $285,000 $296,644 37 0 2022 $19,419,782 61 $301,000 $318,357 61 0 % Change -43% -39% -5% -7% -39% 0% CONDOS
SINGLE

Carson City

2023 Mid-Year Statistics

3 $0$299,999 43 $300,000$399,999 72 $400,000$499,999 81 $500,000$749,999 7 Over$1,000,000 80 60 40 20 0 226 Units Sold 20 $750,000$999,999

2023 Mid-Year Statistics

Fernley
775.782.2777 | CHASEINTERNATIONAL.COM Information gathered from NNRMLS 6/30/2023. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $88,386,693 230 $368,000 $384,289 229 1 2022 $122,426,779 305 $385,000 $401,399 305 0 % Change -28% -25% -4% -4% -26% 100% SINGLE FAMILY

2023 Mid-Year Statistics

Fernley
24 $0$299,999 141 $300,000$399,999 44 $400,000$499,999 21 Over $500,000 150 125 100 75 50 25 0
230 Units Sold

Lake Almanor

2023 Mid-Year Statistics

775.782.2777 | CHASEINTERNATIONAL.COM Information gathered from Plumas MLS 6/30/2023. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $31,655,497 62 $352,500 $510,572 57 5 2022 $50,478,147 113 $386,000 $446,709 108 5 % Change -37% -45% -9% 14% -47% 0% SINGLE FAMILY

Lake Almanor

2023 Mid-Year Statistics

16 $0$299,999 23 $300,000$399,999 7 $400,000$499,999 9 $500,000$749,999 6 Over$1,000,000 20 15 10 5 0
Units Sold 2 $750,000$999,999
63

ONE COMPANY. ONE HEART. ONE PHILOSOPHY. $7 BILLION IN 3 YEARS. THE

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 14 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.

LUXURY
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LEADER IN
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Reno |
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Zephyr Cove | Glenbrook | Incline Village | South Lake Tahoe | Tahoe City | Truckee
Sparks
Carson Valley
Henderson
Lake Almanor
Roseville
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