Chase International Q1 2020 Market Stats

2020 Q1 MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY

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

Lake Tahoe 2020 Q1 Statistics | January 1st - March 31st

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 $29,713,000 24 $995,000 $1,238,041 14 10

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

2020

2019

% -29% -27% 11% -2% -22% -33%

CONDOS

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

%

CONDOS

$54,320,995

$63,284,265

-14%

Volume

97 $440,000 $560,010 92 5

100 $549,500 $632,843 93 7

-3% -20% -12% -1% -29%

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

2020 $54,341,440 36 $1,175,000 $1,509,484 14 22

2019 $62,053,457 36 $1,395,000 $1,723,707 11 25

2020 $53,679,500 49 $670,000 $1,095,500 39 10

2019 $72,028,962 40 $645,000 $1,800,724 32 8

2020 $192,054,935 206 $645,000 $932,306 159 47

2019 $239,180,534 209 $663,000 $1,144,404 154 55

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.

% -12% 0% -16% -12% 27% -12%

% -25% 23% 4% -39% 22% 25%

% -20% -1% -3% -19% 3% -15%

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 $8,888,000 17 $465,000 $522,823 10 7

2020

2019 $7,137,250 18 $420,250 $396,513 14 4

2019

% 25% -6% 11% 32% -29% 75%

%

$13,570,900

$7,019,850

93%

29 $352,000 $467,962 18 11

18 $318,000 $389,992 14 4

61% 11% 20% 29% 175%

2020 $29,562,800 39 $492,000 $758,021 20 19

2020 $10,183,000 20 $382,000 $509,150 15 5

2020 $62,204,700 105 $435,000 $592,426 63 42

2019 $19,727,200 35 $492,000 $563,634 18 17

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

2019 $40,372,300 88 $410,000 $458,776 61 27

% 50% 11% 0% 34% 11% 12%

% 57% 18% 12% 33% 0% 150%

% 54% 19% 6% 29% 3% 56%

Lake Tahoe 2020 Q1 Statistics | January 1st - March 31st

2020 vs 2019 SALES VOLUME

UNITS SOLD 250

$200

200

-20% DECREASE

150

-1% DECREASE

150 $ IN MILLIONS

100

19% INCREASE

54% INCREASE

100 50

50

$0

0 $192,054,935 2020

$239,180,534 2019

$62,204,700 2020

$40,372,300 2019

105 2020

209 2019

88 2019

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

206 2020

MEDIAN & AVERAGE PRICE

-19% DECREASE

$1,000,000

$800,000

-3% DECREASE 29% INCREASE

$600,000

6% INCREASE

$400,000

$200,000

$0 $645,000

$663,000

$932,306

$1,144,404

$435,000

$410,000

$592,426

$458,776

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 04/03/2020.

CONDOS

East Shore 2020 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2020

2019

% Change

Volume

$29,713,000

$41,813,850

-29%

Units

24

33

-27%

Median Price

$995,000

$900,000

11%

Average Price

$1,238,041

$1,267,086

-2%

Units Under $1M

14

18

-22%

Units Over $1M

10

15

-33%

CONDOS

2020

2019

% Change

Volume

$8,888,000

$7,137,250

25%

Units

17

18

-6%

Median Price

$465,000

$420,250

11%

Average Price

$522,823

$396,513

32%

Units Under $500K

10

14

-29%

Units Over $500K

7

4

75%

775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.

East Shore 2020 Q1 Statistics | January 1st - March 31st

10

24 Units Sold

8

6

4

2

0

0

4

10

6

3

0

0

1

$0-

$500,000-

$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

$499,999

South Shore 2020 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2020

2019

% Change

Volume

$54,320,995

$63,284,265

-14%

Units

97

100

-3%

Median Price

$440,000

$549,500

-20%

Average Price

$560,010

$632,843

-12%

Units Under $1M

92

93

-1%

Units Over $1M

5

7

-29%

CONDOS

2020

2019

% Change

Volume

$13,570,900

$7,019,850

93%

Units

29

18

61%

Median Price

$352,000

$318,000

11%

Average Price

$467,962

$389,992

20%

Units Under $500K

18

14

29%

Units Over $500K

11

4

175%

530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.

South Shore 2020 Q1 Statistics | January 1st - March 31st

60

97 Units Sold

50

40

30

20

0

58

24

10

4

0

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

Incline Village 2020 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2020

2019

% Change

Volume

$54,341,440

$62,053,457

-12%

Units

36

36

0%

Median Price

$1,175,000

$1,395,000

-16%

Average Price

$1,509,484

$1,723,707

-12%

Units Under $1M

14

11

27%

Units Over $1M

22

25

-12%

CONDOS

2020

2019

% Change

Volume

$29,562,800

$19,727,200

50%

Units

39

35

11%

Median Price

$492,000

$492,000

0%

Average Price

$758,021

$563,634

34%

Units Under $500K

20

18

11%

Units Over $500K

19

775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.

17

12%

Incline Village 2020 Q1 Statistics | January 1st - March 31st

10

36 Units Sold

8

6

4

2

0 *Includes PUD’s

5

9

10

8

1

2

1

$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

North & West Shore 2020 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2020

2019

% Change

Volume

$53,679,500

$72,028,962

-25%

Units

49

40

23%

Median Price

$670,000

$645,000

4%

Average Price

$1,095,500

$1,800,724

-39%

Units Under $1M

39

32

22%

Units Over $1M

10

8

25%

CONDOS

2020

2019

% Change

Volume

$10,183,000

$6,488,000

57%

Units

20

17

18%

Median Price

$382,000

$340,000

12%

Average Price

$509,150

$381,647

33%

Units Under $500K

15

15

0%

Units Over $500K

5

2

150%

530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.

North & West Shore 2020 Q1 Statistics | January 1st - March 31st

15

49 Units Sold

10

5

0

14

14

11

4

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

2

Truckee 2020 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2020

2019

% Change

Volume

$149,236,277

$150,684,265

-1%

Units

126

115

10%

Median Price

$737,500

$770,000

-4%

Average Price

$1,184,414

$1,310,297

-10%

Units Under $1M

86

80

8%

Units Over $1M

40

35

14%

CONDOS

2020

2019

% Change

Volume

$32,949,392

$33,550,000

-2%

Units

50

53

-6%

Median Price

$493,946

$452,500

9%

Average Price

$658,987

$633,018

4%

Units Under $500K

26

31

-16%

Units Over $500K

24

22

9%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.

Truckee 2020 Q1 Statistics | January 1st - March 31st

50

126 Units Sold

40

30

20

0

15

50

21

16

8

$0$449,999

$500,000$749,999

$750,000$999,999

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

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

14

2

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

Tahoe Donner 2020 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2020

2019

% Change

Volume

$33,670,775

$31,496,080

7%

Units

47

40

18%

Median Price

$650,000

$742,290

-12%

Average Price

$716,399

$787,402

-9%

Units Under $1M

41

34

21%

Units Over $1M

6

6

0%

CONDOS

2020

2019

% Change

Volume

$2,538,000

$4,562,000

-44%

Units

7

12

-42%

Median Price

$382,000

$394,500

-3%

Average Price

$362,571

$380,166

-5%

Units Under $500K

7

12

-42%

Units Over $500K

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 04/03/2020.

Tahoe Donner 2020 Q1 Statistics | January 1st - March 31st

25

47 Units Sold

20

15

10

5

0

7

24

10

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

Reno-Sparks-Carson 2020 Q1 Statistics | January 1st - March 31st

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 $460,282,402 922 $420,000 $499,221 878 44

2019 $359,567,378 774 $385,000 $464,557 741 33

2020 $163,286,034 411 $375,000 $397,289 410 1

2019 $135,461,962 373 $349,900 $363,168 373 0

2020 $623,568,436 1,333 $401,000 $467,793 1,288 45

2019 $495,029,340 1,147 $368,000 $431,586 1,114 33

2020 $49,848,818 127 $360,000 $392,510 127 0

2019 $45,037,778 119 $330,000 $378,468 118 1

2020 $96,602,342 185 $459,000 $522,174 174 11

2019 $74,595,864 154 $421,500 $484,388 148 6

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.

% 28% 19% 9% 7% 18% 33%

% 21% 10% 7% 9% 10% 0%

% 26% 16% 9% 8% 16% 36%

% 11% 7% 9% 4% 8% -100%

% 30% 20% 9% 8% 18% 83%

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 $51,715,975 200 $255,500 $258,579 197 3

2019 $46,985,190 199 $235,000 $236,106 196 3

2020 $10,750,681 47 $225,000 $228,737 47 0

2019 $10,163,070 50 $190,000 $203,261 50 0

2020 $62,466,656 247 $246,000 $252,901 244 3

2019 $57,148,260 249 $215,600 $229,511 246 3

2020 $9,690,172 26 $199,950 $372,698 25 1

2019 $4,906,518 21 $240,000 $233,643 21 0

% 10% 1% 9% 10% 1% 0%

% 6% -6% 18% 13% -6% 0%

% 9% -1% 14% 10% -1% 0%

% 97% 24% -17% 60% 19% 0%

Reno-Sparks 2020 Q1 Statistics | January 1st - March 31st

2020 vs 2019 SALES VOLUME

$ IN MILLIONS

$700

UNITS SOLD

26% INCREASE

1,400

$600

1,200

$500

1,000

$400

800

$300

600

$200

400

$100

9% INCREASE

16% INCREASE

-1% DECREASE

200

$0

0 $623,568,436 2020

$495,029,340 2019

$62,466,656 2020

$57,148,260 2019

247 2020

1,147 2019

249 2019

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

1,333 2020

MEDIAN & AVERAGE PRICE $450,000

9% INCREASE

$400,000 8% INCREASE

$350,000 $300,000

10% INCREASE 14% INCREASE

$250,000 $200,000 $150,000 $100,000 $50,000 $0 $401,000

$368,000

$467,793

$431,586

$246,000

$215,600

$252,901

$229,511

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 04/03/2020.

CONDOS

Reno 2020 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2020

2019

% Change

Volume

$460,282,402

$359,567,378

28%

Units

922

774

19%

Median Price

$420,000

$385,000

9%

Average Price

$499,221

$464,557

7%

Units Under $1M

878

741

18%

Units Over $1M

44

33

33%

CONDOS

2020

2019

% Change

Volume

$51,715,975

$46,985,190

10%

Units

200

199

1%

Median Price

$255,500

$235,000

9%

Average Price

$258,579

$236,106

10%

Units Under $500K

197

196

1%

Units Over $500K

3

3

0%

775.737.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.

Reno 2020 Q1 Statistics | January 1st - March 31st

300

250

920 Units Sold

200

150

100

50

0

106

289

228

206

47

44

$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 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2020

2019

% Change

Volume

$163,286,034

$135,461,962

21%

Units

411

373

10%

Median Price

$375,000

$349,900

7%

Average Price

$397,289

$363,168

9%

Units Under $1M

410

373

10%

Units Over $1M

1

0

100%

CONDOS

2020

2019

% Change

Volume

$10,750,681

$10,163,070

6%

Units

47

50

-6%

Median Price

$225,000

$190,000

18%

Average Price

$228,737

$203,261

13%

Units Under $500K

47

50

-6%

Units Over $500K

0

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 04/03/2020.

Sparks 2020 Q1 Statistics | January 1st - March 31st

200

411 Units Sold

150

100

50

0

55

194

113

44

4

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 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2020

2019

% Change

Volume

$49,848,818

$45,037,778

11%

Units

127

119

7%

Median Price

$360,000

$330,000

9%

Average Price

$392,510

$378,468

4%

Units Under $1M

127

118

8%

Units Over $1M

0

1

-100%

CONDOS

2020

2019

% Change

Volume

$9,690,172

$4,906,518

97%

Units

26

21

24%

Median Price

$199,950

$240,000

-17%

Average Price

$372,698

$233,643

60%

Units Under $500K

25

21

19%

Units Over $500K

1

0

100%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/03/2020.

Carson City 2020 Q1 Statistics | January 1st - March 31st

50

127 Units Sold

40

30

20

0

31

51

19

25

1

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 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2020

2019

% Change

Volume

$96,602,342

$74,595,864

30%

Units

185

154

20%

Median Price

$459,000

$421,500

9%

Average Price

$522,174

$484,388

8%

Units Under $500K

174

148

18%

Units Over $500K

11

6

83%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/03/2020.

Carson Valley 2020 Q1 Statistics | January 1st - March 31st

60

185 Units Sold

50

40

30

20

0

16

57

36

52

13

11

$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 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2020

2019

% Change

Volume

$37,089,165

$31,776,327

17%

Units

126

116

9%

Median Price

$275,250

$260,250

6%

Average Price

$294,358

$273,933

7%

Units Under $1M

126

116

9%

Units Over $1M

0

0

0%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/03/2020.

Fernley 2020 Q1 Statistics | January 1st - March 31st

80

126 Units Sold

60

40

20

0

79

39

6

2

$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 properties in the Tahoe, Reno and Las Vegas regions. With more than 360 compassionate and determined REALTORS® in 11 locations, we are committed to our client success. We have more qualified luxury professionals and top lakefront specialists with the experience and connections to serve all your needs.

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

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.