Chase International 2019 Q1 Tahoe-Reno Market Stats

East Shore 2019 First Quarter Statistics | January 1st - March 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$41,813,850

$ 57,293,650

-27%

Units

33

37

-11%

Median Price

$900,000

$825,000

9%

Average Price

$1,267,086

$1,548,477

-18%

Units Under $1M

18

23

-22%

Units Over $1M

15

14

7%

CONDOS

2019

2018

% Change

Volume

$7,137,250

$10,797,375

-34%

Units

18

24

-25%

Median Price

$420,250

$398,000

6%

Average Price

$396,513

$449,890

-12%

Units Under $1M

13

20

-35%

Units Over $1M

5

775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/12/19.

4

25%

East Shore 2019 First Quarter Statistics | January 1st - March 31st 10

8

33 Units Sold

6

4

2

0

4

9

5

9

2

1

3

$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 04/12/19.

0

South Shore 2019 1st Quarter Statistics | January 1st - March 31

SINGLE FAMILY

2019

2018

% Change

Volume

$64,104,265

$68,177,675

-6%

Units

101

123

-18%

Median Price

$550,000

$480,000

15%

Average Price

$634,696

$554,290

15%

Units Under $1M

94

117

-20%

Units Over $1M

7

6

17%

CONDOS

2019

2018

% Change

Volume

$3,775,000

$11,734,500

-68%

Units

11

20

-45%

Median Price

$317,000

$436,500

-27%

Average Price

$343,182

$586,725

-42%

Units Under $1M

10

12

-17%

Units Over $1M

1

8

-88%

530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/12/19.

South Shore 2019 1st Quarter Statistics | January 1st - March 31

50

101 Units Sold

40

30

20

10

0

46

35

13

4

2

1

$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.

Incline Village 2019 First Quarter Statistics | January 1st - March 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$60,853,457

$63,198,308

-4%

Units

35

49

-29%

Median Price

$1,430,000

$1,120,000

28%

Average Price

$1,738,670

$1,289,761

35%

Units Under $1M

11

18

-39%

Units Over $1M

24

31

-23%

CONDOS

2018

2017

% Change

Volume

$19,727,200

$18,705,948

5%

Units

35

38

-8%

Median Price

$492,000

$500,500

-2%

Average Price

$563,634

$492,262

14%

Units Under $1M

18

19

-5%

Units Over $1M

17

775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/12/19.

19

-11%

Incline Village 2019 First Quarter Statistics | January 1st - March 31st

10

8

35 Units Sold

6

4

2

0 *Includes PUD’s

6

5

8

7

5

2

2

$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 04/12/19.

Tahoe City 2019 First Quarter Statistics | January 1st - March 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$72,978,962

$57,966,493

26%

Units

41

53

-23%

Median Price

$650,000

$620,000

5%

Average Price

$1,779,974

$1,093,707

63%

Units Under $1M

33

40

-18%

Units Over $1M

8

13

-38%

CONDOS

2019

2018

% Change

Volume

$6,488,000

$14,327,750

-55%

Units

17

20

-15%

Median Price

$340,000

$452,000

-25%

Average Price

$381,647

$716,387

-47%

Units Under $1M

15

12

25%

Units Over $1M

2

8

-75%

530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/12/19.

Tahoe City 2019 First Quarter Statistics | January 1st - March 31st

20

41 Units Sold

15

10

5

0

6

20

7

3

1

3

$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 04/12/19.

1

Truckee 2019 First Quarter Statistics | January 1st - March 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$149,859,265

$178,019,921

-16%

Units

114

144

-21%

Median Price

$767,500

$709,000

8%

Average Price

$1,314,554

$1,236,249

6%

Units Under $1M

79

91

-13%

Units Over $1M

35

53

-34%

CONDOS

2019

2018

% Change

Volume

$29,131,000

$32,055,300

-9%

Units

50

53

-6%

Median Price

$447,500

$440,000

2%

Average Price

$582,620

$604,816

-4%

Units Under $1M

31

29

7%

Units Over $1M

19

24

-21%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/12/19.

Truckee 2019 First Quarter Statistics | January 1st - March 31st

40

114 Units Sold

30

20

10

0

21

34

24

10

8

$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 04/12/19.

13

4

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

Tahoe Donner 2019 First Quarter Statistics | January 1st - March 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$31,496,080

$43,646,388

-28%

Units

40

53

-25%

Median Price

$742,290

$715,000

4%

Average Price

$787,402

$823,516

-4%

Units Under $1M

34

36

-6%

Units Over $1M

6

17

-65%

CONDOS

2019

2018

% Change

Volume

$4,562,000

$3,444,000

32%

Units

12

10

20%

Median Price

$394,500

$388,000

2%

Average Price

$380,166

$344,400

10%

Units Under $1M

12

10

20%

Units Over $1M

0

0

0%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/12/19.

Tahoe Donner 2019 First Quarter Statistics | January 1st - March 31st

20

40 Units Sold

15

10

5

0

5

15

14

5

1

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 04/12/19.

Lake Tahoe 2019 First Quarter Statistics | January 1st - March 31st

INCLINE VILLAGE

2019 vs 2018 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

2019 $60,853,457 35 $1,430,000 $1,738,670 11 24

2018 $63,198,308 49 $1,120,000 $1,289,761 18 31

2019 $41,813,850 33 $900,000 $1,267,086 18 15

2018 $57,293,650 37 $825,000 $1,548,477 23 14

2019

2018

$64,104,265 101 $550,000 $634,696 94 7

$68,177,675 123 $480,00 $554,290 117 6

2019 $72,978,962 41 $650,000 $1,779,974 33 8

-4% -29% 28% 35% -39% -23%

% -27% -11% 9% -18% -22% 7%

% -6% -18% 15% 15% -20% 17%

2018 $57,966,493 53 $620,000 $1,093,707 40 13

2019 $239,750,534 210 $675,000 $1,141,669 156 54

%

% 26% -23% 5% 63% -18% -38%

2018 $246,636,126 262 $665,000 $941,359 198 64

% -3% -20% 2% 21% -21% -16%

* Includes PUD’s. Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/12/19.

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

2019 $19,727,200 35 $545,000 $492,000 18 17

2019 $7,137,250 18 $420,250 $396,513 13 5

2019 $3,775,000 11 $317,000 $343,182 10 1

2019 $6,488,000 17 $340,000 $381,647 15 2

2019 $37,127,450 81 $410,000 $458,364 56 25

2018 $19,727,200 38 $500,500 $492,262 19 19

2018 $10,797,375 24 $398,000 $449,890 20 4

2018 $11,734,500 20 $463,500 $568,725 12 8

2018 $14,327,750 20 $452,000 $716,387 12 8

2018 $55,565,573 545 $434,500 $544,761 63 39

% 5% -8% -2% 14% -5% -11%

% -34% -25% 6% -12% -35% 25%

% -68% -45% -27% -42% -17% -88%

% -55% -15% -25% -47% 25% -75%

% -33% -21% -6% -16% -11% -36%

Reno 2019 First Quarter Statistics | January 1st - March 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$355,515,894

$458,788,008

-23%

Units

766

975

-21%

Median Price

$385,000

$383,990

0%

Average Price

$464,119

$470,551

-1%

Units Under $1M

733

924

-21%

Units Over $1M

33

51

-35%

CONDOS

2019

2018

% Change

Volume

$46,098,284

$43,212,503

7%

Units

196

194

1%

Median Price

$232,250

$211,000

10%

Average Price

$235,195

$222,744

6%

Units Under $1M

193

192

1%

Units Over $1M

3

2

50%

775.850.5900 | chaseinternational.com Information gathered from NRMLS 04/12/19.

Reno 2019 First Quarter Statistics | January 1st - March 31st 250

200

766 Units Sold

150

100

50

0

8

158

247

166

107

47

33

$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 04/12/19.

Sparks 2019 First Quarter Statistics | January 1st - March 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$134,391,121

$151,956,330

-12%

Units

370

424

-13%

Median Price

$349,850

$345,000

1%

Average Price

$363,219

$358,387

1%

Units Under $1M

370

423

-13%

Units Over $1M

0

1

-100%

CONDOS

2019

2018

% Change

Volume

$9,853,070

$9,558,663

3%

Units

49

49

0%

Median Price

$190,000

$179,000

6%

Average Price

$201,083

$195,074

3%

Units Under $1M

49

49

0%

Units Over $1M

0

0

0%

775.737.5900 | chaseinternational.com Information gathered from NNRMLS 04/12/19..

Sparks 2019 First Quarter Statistics | January 1st - March 31st

200

370 Units Sold

150

100

50

0

1

92

178

71

26

2

0

$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 04/12/19..

Carson City 2019 First Quarter Statistics | January 1st - March 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$45,240,278

$43,756,267

3%

Units

120

125

-4%

Median Price

$330,000

$310,000

6%

Average Price

$377,002

$350,050

8%

Units Under $1M

119

125

-5%

Units Over $1M

1

1

0%

CONDOS

2019

2018

% Change

Volume

$4,666,518

$2,599,750

79%

Units

20

19

5%

Median Price

$254,900

$145,000

76%

Average Price

$233,325

$136,828

71%

Units Under $1M

20

19

5%

Units Over $1M

0

0

0%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/12/19.

Carson City 2019 First Quarter Statistics | January 1st - March 31st

50

40

117 Units Sold

30

20

10

0

13

54

31

18

1

$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 04/12/19.

Carson Valley 2019 First Quarter Statistics | January 1st - March 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$73,818,699

$76,575,736

-4%

Units

153

167

-8%

Median Price

$420,000

$400,000

5%

Average Price

$482,475

$458,537

5%

Units Under $1M

147

163

-10%

Units Over $1M

6

4

50%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/12/19.

Carson Valley 2019 First Quarter Statistics | January 1st - March 31st

50

40

153 Units Sold

30

20

10

0

9

40

50

40

8

6

$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 04/12/19.

Reno, Sparks and Carson 2019 First Quarter Statistics | January 1st - March 31st

2019 vs 2018 2019

RENO

SINGLE FAMILY

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

$355,515,894 766 $385,000 $464,119 733 33

2019

SPARKS

SINGLE FAMILY

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

$134,391,121 370 $349,850 $363,219 370 0

2019

RENO/SPARKS

SINGLE FAMILY

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

$489,907,015 1136 $367,750 $431,256 1103 33

2019

CARSON VALLEY

CARSON CITY

SINGLE FAMILY

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

$45,240,278 120 $330,000 $377,002 119 1

2019

SINGLE FAMILY

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

$73,818,699 153 $420,000 $482,475 147 6

Information gathered from NRMLS 04/12/19.

2018

%

$458,788,008 975 $383,990 $470,551 924 51

-23% -21% 0% -1% -21% -35%

2018

%

$151,956,330 -12% 424 -13% $345,000 1% $358,387 1% 423 -13% 1 -100%

2018 $610,744,338 1,399 $368,000 $436,557 1347 52

2018 $43,756,267 125 $310,000 $350,050 125 1

2018 $76,575,736 167 $400,000 $458,537 163 4

% -20% -19% 0% -1% -18% -37%

% 3% -4% 6% 8% -5% 0%

% -4% -8% 5% 5% -10% 50%

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

2019 $46,098,284 196 $232,250 $235,195 193 3

2018 $43,212,503 194 $211,000 $222,744 192 2

2019 $9,853,070 49 $190,000 $201,083 49 0

2018 $9,558,663 49 $179,000 $195,074 49 0

2019 $55,951,354 245 $215,000 $228,372 242 3

2018 $52,771,166 243 $194,500 $217,165 241 2

2019 $4,666,518 20 $254,900 $233,325 20 0

2018 $2,599,750 19 $145,000 $136,828 19 0

% 7% 1% 10% 6% 1% 50%

% 3% 0% 6% 3% 0% 0%

% 6% 1% 11% 5% 0% 50%

% 79% 5% 76% 71% 5% 0%