2019 Q2 Reno Market Report

19440 ANNIE LANE LISTED BY SUSIE HADDOCK

2019 Q2 Reno Market Report 65 F O OT H I L L R D. #2, R E N O, N V

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O L I V E R LU X.CO M

| 775.236.1500

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8 80

Sparks

Reno

80

80

Reno Neighborhoods

2

1 Reno International Airport

1 3

West Southwest Caughlin Ranch, Juniper Hills, Juniper Ridge, W. Mayberry

2

680

Old Southwest Old Southwest, California, Newlands, Midtown

3 Southwest Lakeridge, Skyline, Bartley Ranch , Chardonnay, Evans Creek, East Ridge

4

4

Old South Suburban Lakeside, Holcomb, Windy Hill

5

5

South Meadows Double Diamond, Damonte Ranch, Curti Ranch

6 South Suburban 9

ArrowCreek, Fieldcreek, Wolf Run, Saddlehorn

6

7

Southwest Suburban Montreux, Galena Forest, St. James Village

Mt. Rose Highway

8

Northwest / Sommersett / Verdi

9 Hidden Valley

7

2

E XC E P T I O N AL P R O P E R TI ES. E X T R AO RD I N ARY L I V ING. Oliver Luxury Real Estate is a boutique real estate firm specializing in luxury properties. We connect extraordinary people with some of the finest homes in the world by using our extensive knowledge, powerful global affiliate network, and sincere approach to give them the insider treatment they deserve.

O LIVERLUX . COM

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West Southwest: Single Family Caughlin Ranch, Juniper Hills, Juniper Ridge, W. Mayberry

RENO

2018 Q2

2019 Q2

Median Price

$563,500

$735,000

Average Sold Price

$721,236

$878,103

Average Days on Market

83

120

Highest Sold Price

$2,700,000

$2,300,000

Lowest Sold Price

$420,000

$425,000

% Sold Price to Average List Price

99.00%

99.28%

Total Dollar Volume Sold

$27,406,975

$41,270,855

Total Properties Sold

38

47

OLIVERLUX.COM 775.236.1500

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Old Southwest: Single Family Old Southwest, California, Newlands, Midtown

RENO

2018 Q2

2019 Q2

Median Price

$412,500

$452,500

Average Sold Price

$468,381

$534,103

Average Days on Market

64

75

Highest Sold Price

$1,300,000

$1,450,000

Lowest Sold Price

$279,000

$320,000

% Sold Price to Average List Price

98.0%

98.54%

Total Dollar Volume Sold

$18,735,275

$29,909,800

Total Properties Sold

40

56

OLIVERLUX.COM 775.236.1500

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Southwest: Single Family Lakeridge, Skyline, Bartley Ranch , Chardonnay, Evans Creek, East Ridge

RENO

2018 Q2

2019 Q2

Median Price

$475,000

$530,500

Average Sold Price

$581,126

$598,316

Average Days on Market

76

82

Highest Sold Price

$2,465,000

$1,175,000

Lowest Sold Price

$320,000

$160,000

% Sold Price to Average List Price

99.00%

97.36%

Total Dollar Volume Sold

$43,584,500

$54,585,096

Total Properties Sold

75

92

OLIVERLUX.COM 775.236.1500

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Old South Suburban: Single Family Lakeside, Holcomb, Windy Hill

RENO

2018 Q2

2019 Q2

Median Price

$689,500

$722,000

Average Sold Price

$953,759

$857,432

Average Days on Market

210

88

Highest Sold Price

$3,500,000

$2,350,000

Lowest Sold Price

$320,500

$319,900

% Sold Price to Average List Price

98.00%

97.10%

Total Dollar Volume Sold

$20,982,715

$22,293,250

Total Properties Sold

22

26

OLIVERLUX.COM 775.236.1500

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South Meadows: Single Family Double Diamond, Damonte Ranch, Curti Ranch

RENO

2018 Q2

2019 Q2

Median Price

$449,000

$466,750

Average Sold Price

$461,169

$493,987

Average Days on Market

62

100

Highest Sold Price

$795,000

$1,400,000

Lowest Sold Price

$320,000

$318,500

% Sold Price to Average List Price

99.00%

98.51%

Total Dollar Volume Sold

$73,326,028

$90,893,693

Total Properties Sold

159

184

OLIVERLUX.COM 775.236.1500

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South Suburban: Single Family South Suburban: ArrowCreek, Fieldcreek, Wolf Run

RENO

2018 Q2

2019 Q2

Median Price

$799,950

$783,000

Average Sold Price

$868,264

$879,420

Average Days on Market

84

98

Highest Sold Price

$1,750,000

$2,150,000

Lowest Sold Price

$439,000

$395,000

% Sold Price to Average List Price

98.00%

98.65%

Total Dollar Volume Sold

$62,515,011

$62,438,864

Total Properties Sold

72

71

OLIVERLUX.COM 775.236.1500

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Southwest Suburban: Single Family Southwest Suburban: Montreux, Galena Forest, St. James Village

RENO

2018 Q2

2019 Q2

Median Price

$953,000

$1,264,000

Average Sold Price

$1,068,715

$1,385,291

Average Days on Market

154

120

Highest Sold Price

$2,695,000

$4,500,000

Lowest Sold Price

$508,500

$385,995

% Sold Price to Average List Price

98.00%

97.23%

Total Dollar Volume Sold

$40,611,161

$36,017,575

Total Properties Sold

38

26

OLIVERLUX.COM 775.236.1500

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Northwest / Somersett: Single Family

RENO

2018 Q2

2019 Q2

Median Price

$474,500

$491,950

Average Sold Price

$516,781

$581,384

Average Days on Market

77

91

Highest Sold Price

$1,360,000

$1,698,000

Lowest Sold Price

$320,000

$305,000

% Sold Price to Average List Price

99.00%

98.54%

Total Dollar Volume Sold

$51,678,147

$44,185,200

Total Properties Sold

100

76

OLIVERLUX.COM 775.236.1500

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Verdi: Single Family

RENO

2018 Q2

2019 Q2

Median Price

$600,000

$549,805

Average Sold Price

$620,770

$656,295

Average Days on Market

45

138

Highest Sold Price

$921,852

$2,060,000

Lowest Sold Price

$310,000

$270,000

% Sold Price to Average List Price

99.00%

98.75%

Total Dollar Volume Sold

$3,103,852

$11,813,312

Total Properties Sold

5

18

OLIVERLUX.COM 775.236.1500

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Hidden Valley: Single Family

RENO

2018 Q2

2019 Q2

Median Price

$455,000

$410,000

Average Sold Price

$462,913

$436,794

Average Days on Market

47

58

Highest Sold Price

$740,000

$739,000

Lowest Sold Price

$275,000

$292,500

% Sold Price to Average List Price

98.00%

98.92%

Total Dollar Volume Sold

$10,647,000

$12,667,052

Total Properties Sold

23

29

OLIVERLUX.COM 775.236.1500

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65 FOOTHILL ROAD #2, RENO, NV

|

OLIVERLUX.COM

|

775.236.1500

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65 FOOTHILL ROAD #2, RENO, NV

|

OLIVERLUX.COM

|

775.236.1500

INCLINE VILLAGE | TAHOE CIT Y | HOMEWOOD | ZEPHYR COVE | TRUCKEE | RENO

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