Chase International 2020 Mid-Year Real Estate Market Stats

2020 MID-YEAR MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY

20CRYSTALDRIVETAHOE.COM

Check current market value for your home at chaseinternational.com/value

Lake Tahoe 2020 Mid-Year Statistics | January 1st - June 30th

2020 vs 2019 EAST SHORE

SINGLE FAMILY

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

N. AND W. SHORE

INCLINE VILLAGE

SOUTH SHORE

SINGLE FAMILY

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

SINGLE FAMILY

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

SINGLE FAMILY

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

LAKE TOTALS

SINGLE FAMILY

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

2020 $64,954,000 42 $970,000 $1,546,523 23 19

2019 $80,354,350 60 $922,500 $1,339,239 33 27

2020

2019

% -19% -30% 5% 15% -30% -30%

CONDOS

Volume Units Median Price Average Price Units Under $500K Units Over $500K

%

CONDOS

$129,966,147

$142,114,232

-9%

Volume

214 $492,250 $607,318 198 16

232 $513,500 $612,561 212 20

-8% -4% -1% -7% -20%

2020 $150,892,440 80 $1,322,500 $1,886,155 27 53

2019 $155,399,457 99 $1,310,000 $1,569,691 30 69

2020 $112,992,375 119 $720,000 $949,515 94 25

2019 $163,470,860 111 $728,975 $1,472,710 81 30

2020 $458,804,962 455 $713,750 $1,035,185 342 113

2019 $541,338,899 502 $625,000 $843,913 356 146

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.

% -3% -19% 1% 20% -10% -23%

% -31% 7% -1% -36% 16% -17%

% -15% -9% 14% 23% -4% -23%

Units Median Price Average Price Units Under $500K Units Over $500K

CONDOS

Volume Units Median Price Average Price Units Under $500K Units Over $500K

CONDOS

Volume Units Median Price Average Price Units Under $500K Units Over $500K

CONDOS

Volume Units Median Price Average Price Units Under $500K Units Over $500K

2020 $17,772,464 37 $435,000 $480,336 23 14

2020

2019 $23,032,250 44 $451,000 $523,460 30 14

2019

% -23% -16% -4% -8% -23% 0%

%

$20,477,800

$18,507,200

11%

42 $374,500 $487,567 26 16

44 $351,950 $420,618 31 13

-5% 6% 16% -16% 23%

2020 $53,492,300 74 $597,000 $722,869 30 44

2020 $18,850,000 31 $400,000 $608,064 23 8

2020 $110,592,564 184 $470,000 $605,658 102 82

2019 $41,688,200 69 $604,177 $560,000 32 37

2019 $15,373,000 39 $375,000 $394,179 35 4

2019 $98,600,650 196 $501,000 $735,485 128 68

% 28% 7% -1% 29% -6% 19%

% 23% -21% 7% 54% -34% 100%

% 12% -6% -6% -18% -20% 21%

Lake Tahoe 2020 Mid-Year Statistics | January 1st - June 30th

2020 vs 2019 SALES VOLUME

UNITS SOLD

$600

600

$500

500

$400

400

-15% DECREASE

$ IN MILLIONS

$300

-9% DECREASE

300

$200

12% INCREASE

-6% DECREASE

200

$100

100

0

0 $458,804,962 2020

$541,338,899 2019

$110,592,564 2020

$98,600,650 2019

184 2020

502 2019

196 2019

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

455 2020

MEDIAN & AVERAGE PRICE

$1,000,000

$800,000

14% INCREASE 23% INCREASE

$600,000

-6% DECREASE -18% DECREASE

$400,000

$200,000

$0 $713,750

$625,000

$1,035,185

$843,913

$470,000

$501,000

$605,658

$735,485

Median 2020

Median 2019

Average 2020

Average 2019

Median 2020

Median 2019

Average 2020

Average 2019

SINGLE FAMILY

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.

CONDOS

East Shore 2020 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2020

2019

% Change

Volume

$64,954,000

$80,354,350

-19%

Units

42

60

-30%

Median Price

$970,000

$922,500

5%

Average Price

$1,546,523

$1,339,239

15%

Units Under $1M

23

33

-30%

Units Over $1M

19

27

-30%

CONDOS

2020

2019

% Change

Volume

$17,772,464

$23,032,250

-23%

Units

37

44

-16%

Median Price

$435,000

$451,000

-4%

Average Price

$480,336

$523,460

-8%

Units Under $500K

23

30

-23%

Units Over $500K

14

14

0%

775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.

East Shore 2020 Mid-Year Statistics | January 1st - June 30th

10

42 Units Sold

8

6

4

2

0

2

10

11

8

4

3

1

$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

3

South Shore 2020 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2020

2019

% Change

Volume

$129,966,147

$142,114,232

-9%

Units

214

Median Price

$492,250

$513,500

-4%

Average Price

$607,318

$612,561

-1%

Units Under $1M

198

212

-7%

Units Over $1M

16

20

-20%

CONDOS

2020

2019

% Change

Volume

$20,477,800

$18,507,200

Units

42

44

Median Price

$374,500

$351,950

6%

Average Price

$487,567

$420,618

16%

Units Under $500K

26

31

-16%

Units Over $500K

16

13

23%

232

-8%

530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.

11% -5%

South Shore 2020 Mid-Year Statistics | January 1st - June 30th

100

214 Units Sold

80

60

40

20

0

111

57

30

11

1

4

$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

Incline Village 2020 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2020

2019

% Change

Volume

$150,892,440

$155,399,457

-3%

Units

80

99

-19%

Median Price

$1,322,500

$1,310,000

1%

Average Price

$1,886,155

$1,569,691

20%

Units Under $1M

27

30

-10%

Units Over $1M

53

69

-23%

% Change

CONDOS

2020

2019

Volume

$53,492,300

$41,688,200

28%

Units

74

69

7%

Median Price

$597,000

$604,177

Average Price

$722,869

$560,000

Units Under $500K

30

32

Units Over $500K

44

775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.

37

-1% 29% -6%

19%

Incline Village 2020 Mid-Year Statistics | January 1st - June 30th

20

80 Units Sold

16

12

8

4

0

11

16

20

16

7

5

5

$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

*Includes PUD’s

North & West Shore 2020 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2020

2019

% Change

Volume

$112,992,375

$163,470,860

-31%

Units

119

111

Median Price

$720,000

$728,975

-1%

Average Price

$949,515

$1,472,710

-36%

Units Under $1M

94

81

Units Over $1M

25

30

-17%

CONDOS

2020

2019

% Change

Volume

$18,850,000

$15,373,000

Units

31

39

Median Price

$400,000

$375,000

7%

Average Price

$608,064

$394,179

54%

Units Under $500K

23

35

Units Over $500K

8

7%

16%

530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.

4

23% -21%

-34% 100%

North & West Shore 2020 Mid-Year Statistics | January 1st - June 30th

40 35

119 Units Sold

30 25 20 15 10 5 0

25

38

31

14

4

5

$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

2

Truckee 2020 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2020

2019

Volume

$362,731,003

$308,722,714

17%

Units

320

272

18%

Median Price

$728,750

$765,000

-5%

Average Price

$1,133,534

$1,135,009

0%

Units Under $1M

225

190

18%

Units Over $1M

95

82

16%

CONDOS

2020

2019

% Change

Volume

$54,234,392

$66,340,559

-18%

Units

85

109

-22%

Median Price

$475,000

$452,500

5%

Average Price

$638,051

$608,628

5%

Units Under $500K

48

65

-26%

Units Over $500K

37

44

-16%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.

% Change

Truckee 2020 Mid-Year Statistics | January 1st - June 30th

100

320 Units Sold

80

60

40

20

0

44

125

56

36

20

$0$449,999

$500,000$749,999

$750,000$999,999

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

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

32

7

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

Tahoe Donner 2020 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2020

2019

% Change

Volume

$78,170,407

$84,475,935

-7%

Units

103

105

-2%

Median Price

$715,000

$739,000

-3%

Average Price

$758,935

$804,532

-6%

Units Under $1M

88

88

0%

Units Over $1M

15

17

-12%

CONDOS

2020

2019

% Change

Volume

$5,814,000

$9,331,359

-38%

Units

17

27

-37%

Median Price

$329,000

$368,000

-11%

Average Price

$342,000

$345,605

-1%

Units Under $500K

15

27

-44%

Units Over $500K

2

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 07/03/2020.

Tahoe Donner 2020 Mid-Year Statistics | January 1st - June 30th

40

103 Units Sold

30

20

10

0

10

51

27

13

2

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

Reno-Sparks-Carson 2020 Mid-Year Statistics | January 1st - June 30th

2020 vs 2019

RENO

SINGLE FAMILY

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

SPARKS

SINGLE FAMILY

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

RENO/SPARKS

SINGLE FAMILY

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

CARSON VALLEY

CARSON CITY

SINGLE FAMILY

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

SINGLE FAMILY

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

2020 $929,968,559 1,855 $420,000 $501,330 1,760 95

2019 $981,753,746 2,013 $400,000 $487,706 1,906 107

2020 $339,733,797 842 $381,500 $403,484 841 1

2019 $344,257,190 920 $354,000 $374,192 917 3

2020 $1,269,702,356 2,697 $405,000 $470,783 2,601 96

2019 $1,326,125,936 2,934 $380,972 $451,985 2,824 110

2020 $106,025,592 268 $356,870 $395,617 268 0

2019 $117,856,995 303 $349,000 $388,966 300 3

2020 $185,196,454 356 $444,665 $520,214 338 18

2019 $186,558,781 378 $430,000 $493,541 369 9

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.

% -5% -8% 5% 3% -8% -11%

% -1% -8% 8% 8% -8% -67%

% -4% -8% 6% 4% -8% -13%

% -10% -12% 2% 2% -11% -300%

% -1% -6% 3% 5% -8% 100%

CONDOS

Volume Units Median Price Average Price Units Under $500K Units Over $500K

CONDOS

Volume Units Median Price Average Price Units Under $500K Units Over $500K

CONDOS

Volume Units Median Price Average Price Units Under $500K Units Over $500K

CONDOS

Volume Units Median Price Average Price Units Under $500K Units Over $500K

2020 $98,409,303 385 $250,750 $255,608 377 8

2019 $125,375,441 515 $240,000 $243,447 504 11

2020 $17,896,081 78 $222,500 $229,436 78 0

2019 $24,020,125 114 $200,000 $210,702 114 0

2020 $116,305,384 463 $243,000 $251,199 455 8

2019 $149,395,566 629 $230,000 $237,512 618 11

2020 $15,055,609 48 $215,500 $313,658 47 1

2019 $11,396,223 52 $199,450 $219,158 52 0

% -22% -25% 4% 5% -25% -27%

% -25% -32% 11% 9% -32% 0%

% -22% -26% 6% 6% -26% -27%

% 32% -8% 8% 43% -10% 100%

Reno-Sparks 2020 Mid-Year Statistics | January 1st - June 30th

2020 vs 2019 SALES VOLUME

UNITS SOLD

$1.4M

4,000

$1.2M $1M

3,000

-4% DECREASE

$800 2,000

$600 $400

-22% DECREASE

-8% DECREASE

1,000

-26% DECREASE

$200 0

0 $1,269,702,356 2020

$1,326,125,936 2019

$116,305,384 2020

$149,395,566 2019

463 2020

2,934 2019

629 2019

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

2,697 2020

MEDIAN & AVERAGE PRICE $450,000 $400,000 $350,000

4% INCREASE 6% INCREASE

$300,000

6% INCREASE 6% INCREASE

$250,000 $200,000 $150,000 $100,000 $50,000 $0 $405,000

$380,972

$470,783

$451,985

$243,000

$230,000

$251,199

$237,512

Median 2020

Median 2019

Average 2020

Average 2019

Median 2020

Median 2019

Average 2020

Average 2019

SINGLE FAMILY

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.

CONDOS

Reno 2020 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2020

2019

% Change

Volume

$929,968,559

$981,753,746

-5%

Units

1,855

2,013

-8%

Median Price

$420,000

$400,000

5%

Average Price

$501,330

$487,706

3%

Units Under $1M

1,760

1,906

-8%

Units Over $1M

95

107

-11%

CONDOS

2020

2019

% Change

Volume

$98,409,303

$125,375,441

-22%

Units

385

515

-25%

Median Price

$250,750

$240,000

4%

Average Price

$255,608

$243,447

5%

Units Under $500K

377

504

-25%

Units Over $500K

8

11

-27%

775.737.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.

Reno 2020 Mid-Year Statistics | January 1st - June 30th

600

500

1,855 Units Sold

400

300

200

100

0

207

601

447

407

98

95

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over $1,000,000

Sparks 2020 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2020

2019

% Change

Volume

$339,733,797

$344,257,190

-1%

Units

842

920

-8%

Median Price

$381,500

$354,000

8%

Average Price

$403,484

$374,192

8%

Units Under $1M

841

917

-8%

Units Over $1M

1

3

-67%

CONDOS

2020

2019

% Change

Volume

$17,896,081

$24,020,125

-25%

Units

78

114

-32%

Median Price

$222,500

$200,000

11%

Average Price

$229,436

$210,702

9%

Units Under $500K

78

114

Units Over $500K

0

0

775.850.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/03/2020.

-32% 0%

Sparks 2020 Mid-Year Statistics | January 1st - June 30th

400 350

842 Units Sold

300 250 200 150 100 50 0

97

384

244

103

13

1

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over $1,000,000

Carson City 2020 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2020

2019

% Change

Volume

$106,025,592

$117,856,995

-10%

Units

268

303

-12%

Median Price

$356,870

$349,000

2%

Average Price

$395,617

$388,966

2%

Units Under $1M

268

300

-11%

Units Over $1M

0

3

-100%

CONDOS

2020

2019

% Change

Volume

$15,055,609

$11,396,223

Units

48

52

Median Price

$215,500

$199,450

8%

Average Price

$313,658

$219,158

43%

Units Under $500K

47

52

Units Over $500K

1

0

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 07/03/2020.

32% -8%

-10% 100%

Carson City 2020 Mid-Year Statistics | January 1st - June 30th 120

100

268 Units Sold

80

60

40

20

0

53

128

34

51

2

0

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over $1,000,000

Carson Valley 2020 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2020

2019

% Change

Volume

$185,196,454

$186,558,781

-1%

Units

356

378

-6%

Median Price

$444,665

$430,000

3%

Average Price

$520,214

$493,541

5%

Units Under $1M

338

369

Units Over $1M

18

9

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 07/03/2020.

-8% 100%

Carson Valley 2020 Mid-Year Statistics | January 1st - June 30th

120

356 Units Sold

100

80

60

40

20

0

26

126

70

91

25

18

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over$1,000,000

Fernley 2020 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2020

2019

% Change

Volume

$75,626,802

$80,804,386

-6%

Units

256

291

-12%

Median Price

$275,000

$265,000

4%

Average Price

$295,417

$277,678

6%

Units Under $1M

256

291

Units Over $1M

0

0

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 07/03/2020.

-12% 0%

Fernley 2020 Mid-Year Statistics | January 1st - June 30th

200

256 Units Sold

150

100

50

0

166

73

13

4

$0$299,999

$300,000$399,999

$400,000$499,999

Over $500,000

“

We empower people to think in terms of unlimited possibilities, make magical life decisions and bring peace and harmony into their lives. This is our secret power.

Put the Chase Power of Success to work for you.

Shari Chase President CIPS , CRS, CLHMS

ONE COMPANY.

ONE HEART. ONE PHILOSOPHY.

NEARLY $1.5 BILLION IN ANNUAL SALES. Chase International is one of the nation’s most successful independent real estate firms specializing in unique and distinctive luxury properties in the Tahoe/Reno/Vegas regions. We are proud to have sold nearly $1.5 billion in annual sales, brokering 2,484 transaction sides. With more than 370 highly qualified professional REALTORS® and 11 real estate locations, we are committed to our clients’ success. Chase has the most knowledgeable agents with the experience and connections to serve your needs. One Company, One Heart is more than just a slogan. It is our credo, our way of life.

THE LEADER IN LUXURY REAL ESTATE

|

CHASEINTERNATIONAL.COM

Zephyr Cove | Glenbrook | Incline Village | South Lake Tahoe | Tahoe City | Truckee Reno | Sparks | Carson Valley | Henderson | London

Julie Kozich Chief Real Estate Officer CA DRE 01890055 jkozich@chaseinternational.com Julie Kozich 949 610Estate 5780 Cell Chief Real Officer 775 850 5994 Office CA DRE 01890055

jkozich@chaseinternational.com 949 610 5780 Cell 775 850 5994 Office

Š 2020 Chase International. All rights are reserved by Chase International, and content may not be reproduced, downloaded, disseminated, published, or transferred in any form or by any means, except with the prior written permission of Chase International. All information is deemed reliable but is not guaranteed accurate.

Š 2020 Chase International. All rights are reserved by Chase International, and content may not be reproduced, downloaded, disseminated, published, or transferred in any form or by any means, except with the prior written permission of Chase International. All information is deemed reliable but is not guaranteed accurate.