2024 Q1 Tahoe Reno Carson Market Stats

Page 1

Check current market value for your home at chaseinternational.com/value 11255BOULDERGLEN.COM 2024 Q1 MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY

Lake Tahoe 2024 Q1 Statistics | January 1st - March 31st

2024 vs 2023

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 03/1/2024

NORTH & WEST SHORE EAST SHORE SINGLE FAMILY 2024 2023 % CONDOS 2024 2023 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $34,959,100 19 $1,550,000 $1,839,952 1 18 $29,257,000 14 $1,762,500 $2,089,785 2 12 19% 36% -12% -12% -50% 50% Volume Units Median Price Average Price Units Under $500K Units Over $500K $26,549,900 15 $1,050,000 $1,769,993 2 13 $12,677,000 11 $530,000 $1,152,454 4 7 109% 36% 98% 54% -50% 86% SOUTH SHORE SINGLE FAMILY 2024 2023 % CONDOS 2024 2023 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $77,379,400 93 $700,000 $832,037 75 18 $59,611,680 68 $657,500 $876,642 53 15 30% 37% 6% -5% 42% 20% Volume Units Median Price Average Price Units Under $500K Units Over $500K $8,856,000 17 $510,000 $520,941 8 9 $4,610,000 10 $405,000 $461,000 6 4 92% 70% 26% 13% 33% 125% SINGLE FAMILY 2024 2023 % CONDOS 2024 2023 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $45,879,000 33 $1,150,000 $1,390,272 12 21 $29,934,000 23 $1,300,000 $1,301,478 9 14 53% 43% -12% 7% 33% 50% Volume Units Median Price Average Price Units Under $500K Units Over $500K $12,883,000 19 $625,000 $678,052 6 13 $18,156,300 18 $663,650 $1,008,683 5 13 -29% 6% -6% -33% 20% 0% INCLINE VILLAGE SINGLE FAMILY 2024 2023 % CONDOS 2024 2023 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $91,508,750 30 $2,507,500 $3,050,292 2 28 $27,386,000 13 $1,725,000 $2,106,615 0 13 234% 131% 45% 45% 200% 115% Volume Units Median Price Average Price Units Under $500K Units Over $500K $18,774,000 19 $815,000 $988,195 0 19 $21,466,000 15 $885,000 $1,431,067 0 15 -13% 27% -8% -31% 0% 27% LAKE TOTALS SINGLE FAMILY 2024 2023 % CONDOS 2024 2023 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $249,726,250 175 $960,000 $1,427,007 90 85 $146,188,680 118 $885,000 $1,238,887 64 54 71% 48% 8% 15% 41% 57% Volume Units Median Price Average Price Units Under $500K Units Over $500K $67,062,900 70 $695,000 $958,041 16 54 $56,909,300 54 $660,000 $1,053,876 15 39 18% 30% 5% -9% 7% 38%

2024 vs 2023

MEDIAN & AVERAGE PRICE

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 03/29/2024.

Lake Tahoe 2024 Q1 Statistics | January 1st - March 31st
$885,00 Median 2023 $960,000 Median 2024 $1,238,887 Average 2023 $1,427,007 Average 2024 SINGLE FAMILY CONDOS $1.5 $1 $.5 $0 $660,000 Median 2023 $695,000 Median 2024 $1,053,876 Average 2023 $958,041 Average 2024 SALES VOLUME UNITS SOLD $249,726,250 2024 $146,188,680 2023 SINGLE FAMILY $67,062,900 2024 $56,909,300 2023 CONDOS 175 2024 118 2023 SINGLE FAMILY 70 2024 54 2023 CONDOS 71% INCREASE 18% INCREASE 30% INCREASE 48% INCREASE -9% DECREASE 5% INCREASE 8% INCREASE 15% INCREASE $ IN MILLIONS 300 250 200 150 100 50 $0 $ IN MILLIONS 200 150 100 50 0
| chaseinternational.com
gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 03/1/2024 Volume Units Median Price Average Price Units Under $1M Units Over $1M 2024 $34,959,100 19 $1,550,000 $1,839,952 1 18 2023 $29,257,000 14 $1,762,500 $2,089,785 2 12 % Change 19% 36% -12% -12% -50% 50% SINGLE FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2024 $26,549,900 15 $1,050,000 $1,769,993 2 13 2023 $12,677,000 11 $530,000 $1,152,454 4 7 % Change 109% 36% 98% 54% -50% 86% CONDOS
East Shore 2024 Q1 Statistics | January 1st - March 31st 775.588.6130
Information
1 $0$499,999 0 $500,000$749,999 0 $750,000$999,999 8 $1,000,000$1,499,999 5 $1,500,000$1,999,999 4 $2,000,000$2,999,999 0 $3,000,000$4,999,999 8 6 4 2 0 19 Units Sold 1 Over $5,000,000
East Shore 2024 Single Family Q1 Statistics | January 1st - March 31st

South Shore

2024 Q1 Statistics | January 1st - March 31st

530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 03/1/2024 Volume Units Median Price Average Price Units Under $1M Units Over $1M 2024 $77,379,400 93 $700,000 $832,037 75 18 2023 $59,611,680 68 $657,500 $876,642 53 15 % Change 30% 37% 6% -5% 42% 20% SINGLE FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2024 $8,856,000 17 $510,000 $520,941 8 9 2023 $4,610,000 10 $405,000 $461,000 6 4 % Change 92% 70% 26% 13% 33% 125% CONDOS
2024
Q1
| January
14 $0$499,999 40 $500,000$749,999 21 $750,000$999,999 8 $1,000,000$1,499,999 7 $1,500,000$1,999,999 4 Over $2,000,000 50 40 30 20 10 0 93 Units Sold
South Shore
Single Family
Statistics
1st - March 31st
| chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 03/1/2024 Volume Units Median Price Average Price Units Under $1M Units Over $1M 2024 $91,508,750 30 $2,507,500 $3,050,292 2 28 2023 $27,386,000 13 $1,725,000 $2,106,615 0 13 % Change 234% 131% 45% 45% 200% 115% SINGLE FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2024 $18,774,000 19 $815,000 $988,195 0 19 2023 $21,466,000 15 $885,000 $1,431,067 0 15 % Change -13% 27% -8% -31% 0% 27% CONDOS
Incline Village 2024 Q1 Statistics | January 1st - March 31st 775.831.7300
*Includes PUD’s
0 $0$749,999 2 $750,000$999,999 5 $1,000,000$1,499,999 4 $1,500,000$1,999,999 7 $2,000,000$2,999,999 8 $3,000,000$4,999,999 4 Over $5,000,000 10 8 6 4 2 0 30 Units Sold
Incline Village 2024 Single Family Q1 Statistics | January 1st - March 31st
Q1
| chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 03/1/2024 Volume Units Median Price Average Price Units Under $1M Units Over $1M 2024 $45,879,000 33 $1,150,000 $1,390,272 12 21 2023 $29,934,000 23 $1,300,000 $1,301,478 9 14 % Change 53% 43% -12% 7% 33% 50% SINGLE FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2024 $12,883,000 19 $625,000 $678,052 6 13 2023 $18,156,300 18 $663,650 $1,008,683 5 13 % Change -29% 6% -6% -33% 20% 0% CONDOS
North & West Shore 2024
Statistics | January 1st - March 31st 530.581.0722
2024 Single Family Q1 Statistics | January 1st - March
0 $0$499,999 5 $500,000$749,999 7 $750,000$999,999 14 $1,000,000$1,499,999 5 $1,500,000$1,999,999 1 $2,000,000$4,999,999 1 Over $5,000,000 15 10 5 0 33 Units Sold
North & West Shore
31st
| chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 03/1/2024 Volume Units Median Price Average Price Units Under $1M Units Over $1M 2024 $182,224,032 96 $1,377,500 $1,898,167 30 66 2023 $160,858,150 79 $1,137,500 $2,036,179 33 46 % Change 13% 22% 21% -7% -9% 43% SINGLE FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2024 $35,920,999 37 $679,000 $970,837 4 33 2023 $42,972,553 35 $950,000 $1,227,787 8 27 % Change -16% 6% -29% -21% -50% 22% CONDOS
Truckee 2024 Q1 Statistics | January 1st - March 31st 530.550.2464
3 $0$449,999 8 $500,000$749,999 19 $750,000$999,999 21 $1,000,000$1,499,999 15 $1,500,000$1,999,999 25 $2,000,000$4,999,999 5 Over $5,000,000 30 20 10 0 96 Units Sold
Truckee 2024 Single Family Q1 Statistics | January 1st - March 31st
530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 03/1/2024 Volume Units Median Price Average Price Units Under $1M Units Over $1M 2024 $40,576,242 30 $1,265,000 $1,352,541 20 10 2023 $25,568,000 23 $1,100,000 $1,111,652 9 14 % Change 59% 30% 15% 22% 122% -29% SINGLE FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2024 $3,413,000 6 $575,000 $568,833 1 5 2023 $1,928,000 4 $471,500 $482,000 2 2 % Change 77% 50% 22% 18% -50% 150% CONDOS
Tahoe Donner 2024 Q1 Statistics | January 1st - March 31st
2024 Single Family Q1 Statistics | January 1st - March 31st 0 $0$499,999 2 $500,000$749,999 8 $750,000$999,999 9 $1,000,000$1,499,999 7 $1,500,000$1,999,999 4 Over $2,000,000 10 5 0 30 Units Sold
Tahoe Donner

Reno-Sparks-Carson 2024 Q1 Statistics | January 1st - March 31st

2024 vs 2023

RENO SPARKS RENO/SPARKS CARSON VALLEY CARSON CITY SINGLE FAMILY 2024 2023 % CONDOS 2024 2023 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $167,552,342 304 $529,950 $551,159 301 3 $165,330,645 313 $500,000 $528,212 311 2 1% -3% 6% 4% -3% 50% Volume Units Median Price Average Price Units Under $500K Units Over $500K $17,420,369 51 $372,000 $341,575 49 2 $12,439,730 42 $301,500 $296,184 42 0 40% 21% 23% 15% 17% 200% SINGLE FAMILY 2024 2023 % CONDOS 2024 2023 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $601,408,224 892 $555,000 $674,224 789 103 $569,819,529 920 $520,000 $619,369 850 70 6% -3% 7% 9% -7% 47% Volume Units Median Price Average Price Units Under $500K Units Over $500K $74,314,590 206 $345,000 $360,750 181 25 $62,671,255 187 $315,000 $335,140 171 16 19% 10% 10% 8% 6% 56% SINGLE FAMILY 2024 2023 % CONDOS 2024 2023 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $73,803,287 127 $530,000 $581,128 122 5 $48,786,431 91 $498,500 $536,114 87 4 51% 40% 6% 8% 40% 25% Volume Units Median Price Average Price Units Under $500K Units Over $500K $3,802,445 13 $273,145 $292,495 13 0 $5,031,941 17 $278,000 $295,996 17 0 -24% -24% -2% -1% -24% 0% SINGLE FAMILY 2023 2023 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $118,645,778 128 $675,000 $926,920 102 26 $64,275,146 91 $537,500 $706,320 79 12 85% 41% 26% 31% 29% 117% SINGLE FAMILY 2024 2023 % CONDOS 2024 2023 % Volume Units Median Price Average Price Units Under $1M Units Over $1M $433,855,882 588 $583,950 $737,850 488 100 $404,488,884 607 $540,000 $666,373 539 68 7% -3% 8% 11% -9% 47% Volume Units Median Price Average Price Units Under $500K Units Over $500K $56,894,221 155 $340,000 $367,059 132 23 $50,231,525 145 $320,000 $346,424 129 16 13% 7% 6% 6% 2% 44%
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 03/1/2024

2024 vs 2023

Reno-Sparks 2024
| January
Q1 Statistics
1st - March 31st
gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 03/29/2024.
& AVERAGE PRICE $520,000 Median 2023 $555,000 Median 2024 $619,369 Average 2023 $674,224 Average 2024 SINGLE FAMILY CONDOS $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 $315,000 Median 2023 $345,000 Median 2024 $335,140 Average 2023 $360,750 Average 2024 SALES VOLUME UNITS SOLD $601,408,224 2024 $569,819,529 2023 SINGLE FAMILY $74,314,590 2024 $62,671,255 2023 CONDOS 892 2024 920 2023 SINGLE FAMILY 206 2024 187 2023 CONDOS 19% INCREASE 7% INCREASE 9% INCREASE 10% INCREASE -3% DECREASE 6% INCREASE $700 $600 $500 $400 $300 $200 $100 $0 $ IN MILLIONS 1,000 800 600 400 200 0 10% INCREASE 8% INCREASE
Information
MEDIAN
775.737.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 03/1/2024 Volume Units Median Price Average Price Units Under $1M Units Over $1M 2024 $433,855,882 588 $583,950 $737,850 488 100 2023 $404,488,884 607 $540,000 $666,373 539 68 % Change 7% -3% 8% 11% -9% 47% SINGLE FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2024 $56,894,221 155 $340,000 $367,059 132 23 2023 $50,231,525 145 $320,000 $346,424 129 16 % Change 13% 7% 6% 6% 2% 44% CONDOS
Reno 2024 Q1 Statistics | January 1st - March 31st
2024 Single Family Q1 Statistics | January 1st - March 31st 6 $0$299,999 39 $300,000$399,999 147 $400,000$499,999 225 $500,000$749,999 72 $750,000$999,999 100 Over $1,000,000 250 200 150 100 50 0 588 Units Sold
Reno

2024 Q1 Statistics | January 1st - March 31st

775.850.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 03/1/2024 Volume Units Median Price Average Price Units Under $1M Units Over $1M 2024 $167,552,342 304 $529,950 $551,159 301 3 2023 $165,330,645 313 $500,000 $528,212 311 2 SINGLE FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2024 $17,420,369 51 $372,000 $341,575 49 2 2023 $12,439,730 42 $301,500 $296,184 42 0 % Change 40% 21% 23% 15% 17% 200% CONDOS % Change 1% -3% 6% 4% -3% 50%
Sparks
3 $0$299,999 20 $300,000$399,999 85 $400,000$499,999 171 $500,000$749,999 22 $750,000$999,999 3 Over $1,000,000 200 150 100 50 0 304 Units Sold
Sparks 2024 Single Family Q1 Statistics | January 1st - March 31st
Carson Valley 2024 Q1 Statistics | January 1st - March 31st
chaseinternational.com
gathered
NNRMLS
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2024 $118,645,778 128 $675,000 $926,920 102 26 2023 $64,275,146 91 $537,500 $706,320 79 12 % Change 85% 41% 26% 31% 29% 117%
FAMILY
775.782.2777 |
Information
from
03/1/2024
SINGLE
2024 Single Family Q1 Statistics | January 1st - March 31st 0 $0$299,999 4 $300,000$399,999 27 $400,000$499,999 42 $500,000$749,999 29 $750,000$999,999 50 40 30 20 0 26 Over$1,000,000 128 Units Sold
Carson Valley
| chaseinternational.com
gathered from NNRMLS 03/1/2024 Volume Units Median Price Average Price Units Under $1M Units Over $1M 2024 $73,803,287 127 $530,000 $581,128 122 5 2023 $48,786,431 91 $498,500 $536,114 87 4 % Change 51% 40% 6% 8% 40% 25% SINGLE FAMILY Volume Units Median Price Average Price Units Under $500K Units Over $500K 2024 $3,802,445 13 $273,145 $292,495 13 0 2023 $5,031,941 17 $278,000 $295,996 17 0 % Change -24% -24% -2% -1% -24% 0% CONDOS
Carson City 2024 Q1 Statistics | January 1st - March 31st 775.782.2777
Information
2024 Single Family Q1 Statistics | January 1st - March 31st 3 $0$299,999 13 $300,000$399,999 31 $400,000$499,999 62 $500,000$749,999 5 Over$1,000,000 60 50 40 30 20 10 0 13 $750,000$999,999 127 Units Sold
Carson City

Fernley

2024 Single Family Q1 Statistics | January 1st - March 31st

chaseinternational.com
gathered
NNRMLS
Volume Units Median Price Average Price Units Under $1M Units Over $1M 2024 $41,934,615 106 $387,495 $395,609 106 0 2023 $39,743,383 105 $356,000 $378,508 105 1 % Change 6% 1% 9% 5% 1% -100% SINGLE FAMILY
775.782.2777 |
Information
from
03/1/2024
2024 Single Family Q1 Statistics | January 1st - March 31st 5 $0$299,999 57 $300,000$399,999 34 $400,000$499,999 10 Over $500,000 60 50 40 30 20 10 0 106 Units Sold
Fernley

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