2023 Q3 Tahoe Reno Carson Market Stats

Page 1

2023 Q3 MARKET STATS
LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY | LAKE ALMANOR
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PINE HAVEN | CLEAR CREEK TAHOE

Lake Tahoe

2023 Q3 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 $159,732,484 70 $1,600,000 $2,281,892 13 57 $182,269,000 70 $1,532,500 $2,603,842 13 57 -12% 0% 4% -12% 0% 0% Volume Units Median Price Average Price Units Under $500K Units Over $500K $37,576,900 40 $647,500 $939,422 9 31 $70,688,000 72 $687,500 $981,777 20 52 -47% -44% -6% -4% -55% -40% SOUTH SHORE SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $252,158,357 299 $680,000 $843,339 236 63 $433,815,878 469 $720,000 $924,981 353 116 -42% -36% -6% -9% -33% -46% Volume Units Median Price Average Price Units Under $500K Units Over $500K $23,602,000 38 $510,000 $621,105 18 20 $41,263,413 67 $500,000 $615,872 33 34 -43% -43% 2% 1% -45% -41% SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $258,377,400 162 $1,221,000 $1,594,922 59 103 $336,231,675 186 $1,112,500 $1,807,697 75 111 -23% -13% 10% -12% -21% -7% Volume Units Median Price Average Price Units Under $500K Units Over $500K $60,839,600 66 $662,500 $921,812 16 50 $41,087,850 43 $760,000 $955,531 13 30 48% 53% -13% -4% 23% 67% INCLINE VILLAGE SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $330,128,000 99 $2,250,000 $3,334,626 8 91 $361,817,888 115 $2,500,000 $2,595,000 12 103 -9% -14% -10% 29% -33% -12% Volume Units Median Price Average Price Units Under $500K Units Over $500K $102,954,211 83 $900,000 $1,240,412 0 83 $124,133,050 107 $998,000 $990,000 6 101 -17% -22% -10% 25% -100% -18% LAKE TOTALS SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $1,000,396,241 630 $1,000,000 $1,587,931 316 314 $1,314,134,441 840 $950,500 $1,564,446 453 387 -24% -25% 5% 2% -30% -19% Volume Units Median Price Average Price Units Under $500K Units Over $500K $224,972,711 227 $740,000 $991,069 43 184 $277,172,313 289 $768,000 $959,074 72 217 -19% -21% -4% 3% -40% -15%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 9/30/2023.
Lake Tahoe 2023 Q3 Statistics 2023 vs 2022
9/30/2023. MEDIAN & AVERAGE PRICE $950,500 Median 2022 $1,000,000 Median 2023 $1,564,446 Average 2022 $1,587,931 Average 2023 SINGLE FAMILY CONDOS $1.5 $1 $0.5 $0 $768,000 Median 2022 $740,000 Median 2023 $959,074 Average 2022 $991,069 Average 2023 SALES VOLUME UNITS SOLD $1,000,396,241 2023 $1,314,134,441 2022 SINGLE FAMILY $224,972,711 2023 $277,172,313 2022 CONDOS 630 2023 840 2022 SINGLE FAMILY 227 2023 289 2022 CONDOS -24% DECREASE -19 % DECREASE -21% DECREASE -25% DECREASE 3% INCREASE -4% DECREASE 5% INCREASE 2% INCREASE $ IN MILLIONS 1400 1050 700 350 $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

SINGLE FAMILY

East Shore

Q3
CHASEINTERNATIONAL.COM
2023
Statistics 775.588.6130 |
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $159,732,484 70 $1,600,000 $2,381,892 13 57 2022 $182,269,000 70 $1,532,500 $2,603,842 13 57 % Change -12% 0% 4% -12% 0% 0%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 9/30/2023.
Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $37,576,900 40 $647,500 $939,422 9 31 2022 $70,688,000 72 $687,500 $981,777 20 52 % Change -47% -44% -6% -4% -55% -40% CONDOS

East Shore

2023 Q3 Single Family Statistics

0 $0$499,999 5 $500,000$749,999 9 $750,000$999,999 18 $1,000,000$1,499,999 13 $1,500,000$1,999,999 14 $2,000,000$2,999,999 6 $3,000,000$4,999,999 20 15 10 5 0 70 Units Sold 6 Over $5,000,000

South Shore

2023 Q3 Statistics 530.544.2121 | CHASEINTERNATIONAL.COM Information
Incline
NNRMLS and South Lake Tahoe Board of Realtors MLS 9/30/2023. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $252,158,357 299 $680,000 $843,399 236 63 2022 $433,815,878 469 $720,000 $924,981 353 116 % Change -42% -36% -6% -9% -33% -46% SINGLE FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $23,602,000 38 $510,000 $621,105 18 20 2022 $41,263,413 67 $500,000 $615,872 33 34 % Change -43% -43% 2% 1% -45% -41% CONDOS
gathered from
Village, Tahoe Sierra, Sierra Nevada,

South Shore

Q3 Single Family Statistics 48 $0$499,999 128 $500,000$749,999 60 $750,000$999,999 39 $1,000,000$1,499,999 14 $1,500,000$1,999,999 10 Over $2,000,000 150 125 100 75 50 25 0 299 Units Sold
2023

SINGLE FAMILY

Incline Village

2023 Q3 Statistics

775.831.7300 | CHASEINTERNATIONAL.COM
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $330,128,000 99 $2,250,000 $3,334,626 8 91 2022 $361,817,888 115 $2,500,000 $2,595,000 12 103 % Change -9% -14% -10% 29% -33% -12%
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 $102,954,211 83 $900,000 $1,240,412 0 83 2022 $124,133,050 107 $998,000 $1,161,368 6 101 % Change -17% -22% -10% 25% -100% -18%
CONDOS

Incline Village

2023 Q3 Single Family Statistics

1 $0$749,999 7 $750,000$999,999 17 $1,000,000$1,499,999 18 $1,500,000$1,999,999 26 $2,000,000$2,999,999 16 $3,000,000$4,999,999 14 Over $5,000,000 30 20 10 0 99 Units Sold

North & West Shore

SINGLE FAMILY

| CHASEINTERNATIONAL.COM
2023 Q3 Statistics 530.581.0722
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $258,377,400 162 $1,221,000 $1,594,922 59 103 2022 $336,231,675 186 $1,112,500 $1,807,697 75 111 % Change -23% -13% 10% -12% -21% -7%
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 $60,839,600 66 $662,500 $921,812 16 50 2022 $41,087,850 43 $760,000 $955,531 13 30 % Change 48% 53% -13% -4% 23% 67% CONDOS

North & West Shore

2023 Q3 Single Family Statistics

0 $0$499,999 24 $500,000$749,999 35 $750,000$999,999 49 $1,000,000$1,499,999 29 $1,500,000$1,999,999 19 $2,000,000$4,999,999 6 Over $5,000,000 50 40 30 20 10 0 162 Units Sold

2023

Statistics

SINGLE FAMILY

CONDOS

Truckee
Q3
530.550.2464 | CHASEINTERNATIONAL.COM
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $712,555,377 375 $1,195,000 $1,900,147 127 248 2022 $988,183,698 507 $1,300,000 $1,949,080 151 356 % Change -28% -26% -8% -3% -16% -30%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 9/30/2023.
Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $141,365,284 140 $735,000 $1,009,752 29 111 2022 $146,561,137 160 $752,500 $916,007 33 127 % Change -4% -13% -2% 10% -12% -13%

2023 Q3 Single Family Statistics

Truckee
4 $0$449,999 37 $500,000$749,999 86 $750,000$999,999 116 $1,000,000$1,499,999 44 $1,500,000$1,999,999 59 $2,000,000$4,999,999 30 Over $5,000,000 120 90 60 30 0 375 Units Sold

SINGLE FAMILY

Tahoe Donner

2023 Q3 Statistics

| CHASEINTERNATIONAL.COM
530.550.2464
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $144,952,249 120 $1,107,500 $1,207,935 41 79 2022 $269,025,041 200 $1,250,000 $1,345,125 52 148 % Change -46% -40% -11% -10% -21% -47%
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 $17,289,500 32 $559,500 $540,296 13 19 2022 $18,609,200 35 $550,000 $531,691 15 20 % Change -7% -9% 2% 2% -13% -5% CONDOS

Tahoe Donner

2023 Q3 Single Family Statistics

0 $0$499,999 7 $500,000$749,999 34 $750,000$999,999 56 $1,000,000$1,499,999 17 $1,500,000$1,999,999 6 Over $2,000,000 50 40 30 20 10 0 120 Units Sold

Reno-Sparks-Carson

2023

Q3 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 $595,441,483 $523,938 $546,778 1,071 18 $703,767,543 1,237 $540,000 $568,930 1,207 30 -15% -12% -3% -4% -11% -40% Volume Units Median Price Average Price Units Under $500K Units Over $500K $45,264,190 141 $315,000 $321,022 140 1 $56,085,215 175 $305,000 $320,486 171 4 -19% -19% 3% 0% -18% 0% SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $2,275,972,593 3,386 $550,000 $672,171 3,030 356 $2,825,756,921 4,144 $575,000 $686,863 3,664 450 -19% -18% -4% -2% -17% -21% Volume Units Median Price Average Price Units Under $500K Units Over $500K $252,178,047 707 $327,000 $356,687 632 75 $282,050,549 805 $330,000 $350,373 714 91 -11% -12% -1% 2% -11% -18% SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $216,706,715 388 $490,000 $558,522 374 14 $302,597,810 528 $499,500 $573,101 509 19 -28% -27% -2% -3% -27% -26% Volume Units Median Price Average Price Units Under $500K Units Over $500K $20,109,255 65 $315,000 $309,373 65 0 $28,151,547 89 $305,000 $316,309 89 0 -29% -27% 3% -2% -27% 0% SINGLE FAMILY 2022 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $377,836,875 464 $600,000 $814,303 385 79 $429,079,948 550 $623,000 $780,145 471 79 -12% -16% -4% 4% -18% 0% SINGLE FAMILY 2023 2022 % CONDOS 2023 2022 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $1,680,531,110 2,297 $575,000 $731,619 1,959 338 $2,121,989,387 2,877 $600,000 $737,570 2,457 420 -21% -20% -4% -1% -20% -20% Volume Units Median Price Average Price Units Under $500K Units Over $500K $206,913,857 566 $331,450 $365,572 492 74 $225,965,334 630 $345,000 $358,675 543 87 -8% -10% -4% 2% -9% -15%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 9/30/2023

Reno-Sparks

2023 Q3 Statistics 2023 vs 2022

MEDIAN &

PRICE

9/30/2023.
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS
$575,000 Median 2022 $550,000 Median 2023 $686,863 Average 2022 $672,171 Average 2023 SINGLE FAMILY CONDOS $700,000 $650,000 $600,000 $550,000 $500,000 $450,000 $400,000 $350,000 $300,000 $0 $330,000 Median 2022 $327,000 Median 2023 $350,373 Average 2022 $356,687 Average 2023 SALES VOLUME UNITS SOLD $2,275,972,593 2023 $2,825,756,921 2022 SINGLE FAMILY $252,178,047 2023 $282,050,549 2022 CONDOS 3,386 2023 4,114 2022 SINGLE FAMILY 707 2023 805 2022 CONDOS -11% DECREASE 2% INCREASE -1% DECREASE -4% DECREASE -2% DECREASE -12% DECREASE -18% DECREASE -19% DECREASE $3 $2.5 $2 $1,5 $0.5 $0 $ IN BILLIONS 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0
AVERAGE

SINGLE FAMILY

Q3 Statistics 775.737.5900 | CHASEINTERNATIONAL.COM Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 9/30/2023. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $1,680,531,110 2,297 $575,000 $731,619 1,959 338 2022 $2,121,989,387 2,877 $600,000 $737,570 2,457 420 % Change -21% -20% -4% -1% -20% -20%
Reno 2023
Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $206,913,857 566 $331,450 $365,572 492 74 2022 $225,965,334 630 $345,000 $358,675 543 87 % Change -8% -10% -4% 2% -9% -15%
CONDOS
Q3 Single Family Statistics 32 $0$299,999 207 $300,000$399,999 575 $400,000$499,999 825 $500,000$749,999 324 $750,000$999,999 338 Over $1,000,000 1,000 800 600 400 200 0 2,297 Units Sold
Reno 2023
775.850.5900 | CHASEINTERNATIONAL.COM
Sparks 2023 Q3 Statistics
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $595,441,483 1,089 $523,938 $546,778 1,071 18 2022 $703,767,534 1,237 $540,000 $568,930 1207 30
FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $45,264,190 141 $315,000 $321,022 140 1 2022 $56,085,215 175 $305,000 $320,486 171 4 % Change -19% -19% 3% 0% -18% 0% CONDOS % Change -15% -12% -3% -4% -11% -40%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 6/30/2023.
SINGLE
Q3 Single Family Statistics 14 $0$299,999 87 $300,000$399,999 366 $400,000$499,999 545 $500,000$749,999 60 $750,000$999,999 18 Over $1,000,000 600 400 200 0 1,089 Units Sold
Sparks 2023
775.782.2777 | CHASEINTERNATIONAL.COM Information gathered from NNRMLS 9/30/2023. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $377,836,875 464 $600,000 $814,303 385 79 2022 $429,079,948 550 $623,000 $780,145 471 79 % Change -12% -16% -4% 4% -18% 0% SINGLE FAMILY
Carson Valley 2023 Q3 Statistics
4 $0$299,999 37 $300,000$399,999 100 $400,000$499,999 172 $500,000$749,999 72 $750,000$999,999 200 150 100 50 0 79 Over$1,000,000 464 Units Sold
Carson Valley 2023 Q3 Single Family Statistics
775.782.2777 | CHASEINTERNATIONAL.COM Information gathered from NNRMLS 9/30/2023. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $216,706,715 388 $490,000 $558,522 374 14 2022 $302,597,810 528 $499,500 $573,101 509 19 % Change -28% -27% -2% -3% -27% -26% SINGLE FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2023 $20,109,255 65 $315,000 $309,373 65 0 2022 $28,151,547 89 $305,000 $316,309 89 0 % Change -29% -27% 3% -2% -27% 0% CONDOS
Carson City 2023 Q3 Statistics
2023 Q3 Single Family Statistics 5 $0$299,999 69 $300,000$399,999 126 $400,000$499,999 132 $500,000$749,999 14 Over$1,000,000 140 105 70 35 0 388 Units Sold 42 $750,000$999,999
Carson City
775.782.2777 | CHASEINTERNATIONAL.COM Information gathered from NNRMLS 9/30/2023. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $141,804,769 368 $370,000 $385,339 367 1 2022 $165,161,678 407 $387,000 $405,802 407 0 % Change -14% -10% -4% -5% -10% 100% SINGLE FAMILY
Fernley 2023 Q3 Statistics
Fernley
30 $0$299,999 234 $300,000$399,999 72 $400,000$499,999 32 Over $500,000 250 200 150 100 50 0 368 Units Sold
2023 Q3 Single Family Statistics

Lake

775.782.2777 | chaseinternational.com Information gathered from Plumas MLS 09/30/2023. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2023 $71,277,505 142 $358,500 $501,954 131 11 2022 $101,637,646 205 $415,000 $495,793 191 14 % Change -30% -31% -14% 1% -31% 27% SINGLE FAMILY
Almanor 2023 Q3 Statistics

Lake Almanor

2023 Q3 Single Family Statistics

44 $0$299,999 38 $300,000$399,999 14 $400,000$499,999 29 $500,000$749,999 11 Over$1,000,000 50 40 30 20 10 0 142 Units Sold 6 $750,000$999,999

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

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.

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