Chase International Real Estate 2018 Year-End Market Stats

Page 1

Lake Tahoe 2018 Year-End Statistic January 1st - December 31st

INCLINE VILLAGE

2018 vs 2017 SINGLE FAMILY

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

EAST SHORE

SINGLE FAMILY

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

SOUTH SHORE

SINGLE FAMILY

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

TAHOE CITY

SINGLE FAMILY

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

LAKE TOTALS

SINGLE FAMILY

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

2018 $431,672,402 243 $1,269,000 $1,776,430 86 157

2017 $369,146,174 226 $1,062,000 $1,633,390 102 124

2018 $201,889,750 128 $815,000 $1,577,263 78 50

2017 $150,065,075 104 $892,500 $1,442,933 59 45

2018 $344,413,487 620 $466,500 $555,506 583 37

2017 $361,927,517 682 $439,000 $530,686 645 37

2018 $473,374,297 333 $685,000 $1,421,544 244 89

2017 $350,295,761 346 $650,000 $1,012,415 273 73

2018 $1,451,349,936 1,324 652,750 1,096,186 991 333

2017 $1,231,434,527 1,358 585,000 906,800 1079 279

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2019.

% 17% 8% 19% 9% -16% 27%

% 35% 23% -9% 9% 32% 11%

% -5% -9% 6% 5% -10% 0%

% 35% -4% 5% 40% -11% 22%

% 18% -3% 12% 21% -8% 19%

CONDOS

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

CONDOS

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

CONDOS

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

CONDOS

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

CONDOS

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

2018 $117,673,786 190 $545,000 $619,336 78 112

2018 $49,459,620 100 $437,000 $494,596 66 34

2018 $54,932,926 108 $390,000 $508,638 76 31

2018 $64,628,110 102 $409,500 $633,608 67 35

2018 $286,694,442 500 455,000 573,612 287 213

2017 $119,081,406 210 $452,500 $567,054 120 90

2017 $43,746,550 108 $375,000 $405,060 87 21

2017 $43,577,452 97 $300,000 $449,252 78 19

2017 $81,090,375 130 $399,500 $623,772 50 80

2017 $287,495,783 545 394,500 527,515 305 240

% -1% -10% 20% 9% -35% 24%

% 13% -7% 17% 22% -24% 62%

% 26% 11% 30% 13% -3% 63%

% -20% -22% 3% 2% 34% -56%

% 0% -8% 15% 9% -6% -11%


Lake Tahoe 2018 Year-End Statistic January 1st - December 31st

2018 vs 2017

$ IN MILLIONS

$ IN BILLIONS

SALES VOLUME

UNITS SOLD

$1.4

1,400

$1.2

1,200

$1

18% INCREASE

1,000

$800

800

$600

600

$400

0% INCREASE

3% DECREASE 8% DECREASE

400

$200

200

$0

0 $1,451,349,936 2018

$1,231,434,527 2017

$286,694,442 2018

$287,495,783 2017

500 2018

1,358 2017

545 2017

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

1,324 2018

MEDIAN & AVERAGE PRICE

21% INCREASE

$1,000,000

$800,000

12% INCREASE 9% INCREASE

$600,000

15% INCREASE

$400,000

$200,000

$0 $652,750

585,000

$1,096,186

$906,800

$455,000

$394,500

$573,612

$527,515

Median 2018

Median 2017

Average 2018

Average 2017

Median 2018

Median 2017

Average 2018

Average 2017

SINGLE FAMILY

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2019.

CONDOS


Tahoe City 2018 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2018

2017

% Change

Volume

$473,374,297

$350,295,761

35%

Units

333

346

-4%

Median Price

$685,000

$650,000

5%

Average Price

$1,421,544

$1,012,415

40%

Units Under $1M

244

273

-11%

Units Over $1M

89

73

22%

CONDOS

2018

2017

% Change

Volume

$64,628,110

$81,090,375

-20%

Units

102

130

-22%

Median Price

$409,500

$399,500

3%

Average Price

$633,608

$623,772

2%

Units Under $1M

67

50

34%

Units Over $1M

35

80

-56%

530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2018.


Tahoe City 2018 Year-End Statistics | January 1st - December 31st

160

333 Units Sold

120

80

40

0

44

149

51

35

16

26

$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

530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2018.

12


Truckee 2018 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2018

2017

% Change

Volume

$867,392,016

$817,534,115

-8%

Units

750

814

-8%

Median Price

$733,000

$673,500

9%

Average Price

$1,156,522

$1,005,577

15%

Units Under $1M

530

610

-13%

Units Over $1M

220

204

8%

CONDOS

2018

2017

% Change

Volume

$132,162,484

$139,589,386

-5%

Units

225

276

-18%

Median Price

$458,200

$427,000

7%

Average Price

$587,388

$505,758

16%

Units Under $1M

133

180

-26%

Units Over $1M

92

96

-4%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2018.


Truckee 2018 Year-End Statistics | January 1st - December 31st

300

750 Units Sold

225

150

75

0

120

271

139

97

37

$0$449,999

$500,000$749,999

$750,000$999,999

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

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

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2018.

67

19

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


Tahoe Donner 2018 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2018

2017

% Change

Volume

$213,748,633

$202,930,440

5%

Units

277

278

0%

Median Price

$719,000

$675,750

6%

Average Price

$771,655

$729,965

6%

Units Under $1M

228

241

-5%

Units Over $1M

49

37

32%

CONDOS

2018

2017

% Change

Volume

$18,445,800

$26,757,822

-31%

Units

56

81

-31%

Median Price

$362,450

$345,000

5%

Average Price

$329,389

$330,343

0%

Units Under $1M

55

79

-30%

Units Over $1M

1

2

-50%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2018.


Tahoe Donner 2018 Year-End Statistics | January 1st - December 31st

140

277 Units Sold

105

70

35

0

27

130

71

43

6

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

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2018.


Incline Village 2018 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2018

2017

% Change

Volume

$431,672,402

$369,146,174

17%

Units

243

226

8%

Median Price

$1,269,000

$1,062,000

19%

Average Price

$1,776,430

$1,633,390

9%

Units Under $1M

86

102

-16%

Units Over $1M

157

124

27%

CONDOS

2018

2017

% Change

Volume

$117,673,786

$119,081,406

-1%

Units

190

210

-10%

Median Price

$545,000

$452,500

20%

Average Price

$619,336

$567,054

9%

Units Under $1M

78

120

-35%

Units Over $1M

112

775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2018.

90

24%


Incline Village 2018 Year-End Statistics | January 1st - December 31st

70

243 Units Sold

53

35

18

0 *Includes PUD’s

44

42

67

39

27

18

6

$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

775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2018.


East Shore 2018 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2018

2017

% Change

Volume

$201,889,750

$150,065,075

35%

Units

128

104

23%

Median Price

$815,000

$892,500

-9%

Average Price

$1,577,263

$1,442,933

9%

Units Under $1M

78

59

32%

Units Over $1M

50

45

11%

CONDOS

2018

2017

% Change

Volume

$49,459,620

$43,746,550

13%

Units

100

108

-7%

Median Price

$437,000

$375,000

17%

Average Price

$494,596

$405,060

22%

Units Under $1M

66

87

-24%

Units Over $1M

34

775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2018.

21

62%


East Shore 2018 Year-End Statistics | January 1st - December 31st

40

128 Units Sold

30

20

10

0

13

35

30

17

13

5

5

$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

775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2018.

10


South Shore 2018 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2018

2017

% Change

Volume

$344,413,487

$361,927,517

-5%

Units

620

682

-9%

Median Price

$466,500

$439,000

6%

Average Price

$555,506

$530,686

5%

Units Under $1M

583

645

-10%

Units Over $1M

37

37

0%

CONDOS

2018

2017

% Change

Volume

$54,932,926

$43,577,452

26%

Units

108

97

11%

Median Price

$390,000

$300,000

30%

Average Price

$508,638

$449,252

13%

Units Under $1M

76

78

-3%

Units Over $1M

31

19

63%

530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2019.


South Shore 2018 Year-End Statistics | January 1st - December 31st

400

620 Units Sold

300

200

100

0

350

171

62

26

6

5

$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

530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2019.


Reno-Sparks-Carson 2018 Year-End Statistic January 1st - December 31st

2018 vs 2017 2018

RENO

SINGLE FAMILY

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

$1,982,725,022 4,143 $393,000 $478,572 3,928 215

2018

SPARKS

SINGLE FAMILY

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

$670,935,226 1,812 $353,250 $370,273 1,810 2

2018

RENO/SPARKS

SINGLE FAMILY

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

$2,653,660,248 5,955 $375,000 $445,618 5,738 217

2018

CARSON VALLEY

CARSON CITY

SINGLE FAMILY

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

$222,307,391 606 $328,487 $366,843 603 3

2018

SINGLE FAMILY

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

$379,953,127 807 $418,000 $470,821 785 22

Information gathered from NRMLS 01/03/2018.

2017 $1,977,811,349 4,748 $350,000 $416,556 4,606 142

2017 $693,000,728 2078 $315,000 $333,494 2,077 1

2017 $2,670,812,077 6,826 $336,950 $391,270 6,683 143

2017 $256,092,207 781 $287,000 $327,902 779 2

2018 $385,532,695 916 $369,950 $420,887 897 19

% 0% -13% 12% 15% -15% 51%

% -3% -13% 12% 11% -13% 100%

% -1% -13% 11% 14% -14% 52%

% -13% -22% 14% 12% -23% 50%

% -1% -12% 13% 12% -12% 16%

CONDOS

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

CONDOS

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

CONDOS

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

CONDOS

Volume Units Median Price Average Price Units Under $1 Mil Units Over $1 Mil

2018 $192,098,478 851 $212,000 $225,732 834 17

2017 $183,715,594 926 $184,000 $198,396 911 15

2018 $50,848,799 248 $190,750 $205,035 248 0

2017 $35,439,413 215 $155,000 $164,834 215 0

2018 $242,947,277 1099 $200,000 $221,062 1081 18

2017 $219,155,007 1141 $170,000 $192,072 1128 13

2018 $20,335,654 109 $188,000 $186,749 109 0

2017 $12,494,047 83 $145,000 $150,530 83 0

% 5% -8% 15% 14% -8% 13%

% 43% 15% 23% 24% 15% 0%

% 11% -4% 18% 15% -4% 38%

% 63% 31% 30% 24% 31% 0%


Reno-Sparks 2018 Year-End Statistic January 1st - December 31st

2018 vs 2017

$ IN MILLIONS

$ IN BILLIONS

SALES VOLUME $2.8

UNITS SOLD

1% DECREASE

7,000

$2.4

6,000

$2

5,000

$1.6

4,000

$1.2

3,000

$800

2,000

$400

11% INCREASE

13% DECREASE

4% DECREASE

1,000

$0

0 $2,653,660,248 $2,670,812,077 2018 2017

$242,947,277 2018

$219,155,007 2017

1,099 2018

6,826 2017

1,141 2017

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

5,955 2018

MEDIAN & AVERAGE PRICE $450,000 $400,000

11% INCREASE

$350,000 $300,000 14% INCREASE 18% INCREASE

$250,000

15% INCREASE

$200,000 $150,000 $100,000 $50,000 $0 $375,000

$336,950

$445,618

$391,270

$200,000

$170,000

$221,062

$192,072

Median 2018

Median 2017

Average 2018

Average 2017

Median 2018

Median 2017

Average 2018

Average 2017

SINGLE FAMILY

Information gathered from NRMLS 01/03/2018.

CONDOS


Reno 2018 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2018

2017

% Change

Volume

$1,982,725,022

$1,977,811,349

0%

Units

4,143

4,748

-13%

Median Price

$393,000

$350,000

12%

Average Price

$478,572

$416,556

15%

Units Under $1M Units Over $1M

3,928

4,606

-15%

215

142

51%

CONDOS

2018

2017

% Change

Volume

$192,098,478

$183,715,594

5%

Units

851

926

-8%

Median Price

$212,000

$184,000

15%

Average Price

$225,732

$198,396

14%

Units Under $1M

834

911

-8%

Units Over $1M

17

15

13%

775.850.5900 | chaseinternational.com Information gathered from NRMLS 01/03/2018.


Reno 2018 Year-End Statistics | January 1st - December 31st

1400

4,147 Units Sold

1,050

700

350

0

51

798

1303

860

697

222

216

$0$199,999

$200,000$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over $1,000,000

775.850.5900 | chaseinternational.com Information gathered from NRMLS 01/03/2018.


Sparks 2018 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2018

2017

% Change

Volume

$670,935,226

$693,000,728

-3%

Units

1,812

2078

-13%

Median Price

$353,250

$315,000

12%

Average Price

$370,273

$333,494

11%

Units Under $1M

1,810

2,077

-13%

Units Over $1M

2

1

100%

CONDOS

2018

2017

% Change

Volume

$50,848,799

$35,439,413

43%

Units

248

215

15%

Median Price

$190,750

$155,000

23%

Average Price

$205,035

$164,834

24%

Units Under $1M

248

215

15%

Units Over $1M

0

0

0%

775.737.5900 | chaseinternational.com Information gathered from NNRMLS 01/03/2019.


Sparks 2018 Year-End Statistics | January 1st - December 31st

900

1,813 Units Sold

675

450

225

0

21

394

863

351

165

17

2

$0$199,999

$200,000$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over $1,000,000

775.737.5900 | chaseinternational.com Information gathered from NNRMLS 01/03/2019.


Carson Valley 2018 Year-End Statistics | January 1st - December 31st

400

808 Units Sold

300

200

100

0

21

228

308

181

48

22

$0$249,999

$250,000$349,999

$350,000$499,999

$500,000$749,999

$750,000$999,999

Over$1,000,000

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 01/03/2018.


Carson City 2018 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2018

2017

% Change

Volume

$222,307,391

$256,092,207

-13%

Units

606

781

-22%

Median Price

$328,487

$287,000

14%

Average Price

$366,843

$327,902

12%

Units Under $1M

603

779

-23%

Units Over $1M

3

2

50%

CONDOS

2018

2017

% Change

Volume

$20,335,654

$12,494,047

63%

Units

109

83

31%

Median Price

$188,000

$145,000

30%

Average Price

$186,749

$150,530

24%

Units Under $1M

109

83

31%

Units Over $1M

0

0

0%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 01/03/2018.


Carson City 2018 Year-End Statistics | January 1st - December 31st

300

609 Units Sold

225

150

75

0

81

262

170

93

3

$0$249,999

$250,000$349,999

$350,000$499,999

$500,000$999,999

Over$1,000,000

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 01/03/2018.


Carson Valley 2018 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2018

2017

% Change

Volume

$379,953,127

$385,532,695

-1%

Units

807

916

-12%

Median Price

$418,000

$369,950

13%

Average Price

$470,821

$420,887

12%

Units Under $1M

785

897

-12%

Units Over $1M

22

19

16%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 01/03/2018.


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