2021 Q3 Market Stats - Chase International

2021 Q3 MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY

ALPINEACRESESTATETAHOE.COM

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

Lake Tahoe 2021 Statistics Through Third Quarter | January 1st - September 30th

2021 vs 2020 EAST SHORE

SINGLE FAMILY

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

NORTH & WEST 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

2021 $338,713,500 130 $1,527,500 $2,605,488 28 102

2020 $295,749,629 128 $1,130,000 $2,310,543 55 73

2021

2020

% 15% 2% 35% 13% -49% 40%

CONDOS

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

%

CONDOS

$488,453,282

$425,215,274

15%

Volume

554 $725,000 $881,685 419 135

612 $570,000 $694,796 540 72

-9% 27% 27% -22% 88%

2021 $574,109,003 183 $2,000,000 $3,137,208 23 160

2020 $567,771,416 250 $1,425,000 $2,271,086 66 184

2021 $494,694,228 273 $1,150,000 $1,812,066 115 158

2020 $389,707,772 337 $800,000 $1,156,402 236 101

2021 $1,895,970,013 1,140 $985,000 $1,663,132 585 555

2020 $1,678,444,091 1,327 $759,000 $1,264,841 897 430

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/06/2021.

% 1% -27% 40% 38% -65% -13%

% 27% -19% 44% 57% -51% 56%

% 13% -14% 30% 31% -35% 29%

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

2021 $74,560,655 83 $690,000 $898,321 20 63

2021

2020 $58,318,464 89 $460,000 $655,263 49 40

2020

% 28% -7% 50% 37% -59% 58%

%

$45,918,950

$30,991,312

48%

83 $425,000 $553,240 53 30

104 $398,000 $501,384 62 42

-20% 7% 10% -15% -29%

2021 $159,890,087 159 $785,000 $1,005,598 17 142

2020 $50,626,193 59 $650,000 $858,071 14 45

2021 $330,995,885 384 $700,000 $861,968 104 280

2020 $139,960,688 176 $620,000 $799,775 62 114

2019 $61,701,304 89 $429,000 $693,273 64 25

2020 $290,971,768 458 $480,000 $636,700 237 221

% 14% -10% 27% 26% -73% 25%

% -18% -34% 52% 24% -78% 80%

% 14% -16% 46% 35% -56% 27%

Lake Tahoe 2021 Statistics Through Third Quarter | January 1st - September 30th

2021 vs 2020 SALES VOLUME

UNITS SOLD

$1800

1200

$1600

900 -14% DECREASE

$ IN MILLIONS

$1400

600

-16% DECREASE

13% INCREASE

$1200

300

14% INCREASE

0

$0 $1,895,970,013 2021

$1,678,444,091 2020

$330,995,885 2021

$290,971,768 2020

384 2021

1,327 2020

458 2020

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

1,140 2021

MEDIAN & AVERAGE PRICE

$1,200,000

$1,000,000 31% INCREASE

$800,000 30% INCREASE

$400,000 46% INCREASE

35% INCREASE

$200,000

$0 $985,000

$759,000

$1,663,132

$1,264,841

$700,000

$480,000

$861,968

$636,700

Median 2021

Median 2020

Average 2021

Average 2020

Median 2021

Median 2020

Average 2021

Average 2020

SINGLE FAMILY

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/06/2021.

CONDOS

East Shore 2021 Statistics Through Third Quarter | January 1st - September 30th

SINGLE FAMILY

2021

2020

% Change

Volume

$338,713,500

$295,749,629

15%

Units

130

128

2%

Median Price

$1,527,500

$1,130,000

35%

Average Price

$2,605,488

$2,310,543

13%

Units Under $1M

28

55

-49%

Units Over $1M

102

73

40%

CONDOS

2021

2020

% Change

Volume

$74,560,655

$58,318,464

28%

Units

83

89

-7%

Median Price

$690,000

$460,000

50%

Average Price

$898,321

$655,263

37%

Units Under $500K

20

49

-59%

Units Over $500K

63

40

58%

775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/06/2021.

East Shore 2021 Statistics Through Third Quarter | January 1st - September 30th

130 Units Sold

25

20

15

10

5

0

5

3

20

37

17

18

16

14

$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

South Shore 2021 Statistics Through Third Quarter | January 1st - September 30th

SINGLE FAMILY

2021

2020

% Change

Volume

$488,453,282

$425,215,274

15%

Units

554

612

-9%

Median Price

$725,000

$570,000

27%

Average Price

$881,685

$694,796

27%

Units Under $1M

419

540

-22%

Units Over $1M

135

72

88%

CONDOS

2021

2020

% Change

Volume

$45,918,950

$30,991,312

48%

Units

83

104

-20%

Median Price

$425,000

$398,000

7%

Average Price

$553,240

$501,384

10%

Units Under $500K

53

62

-15%

Units Over $500K

30

42

-29%

530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/06/2021.

South Shore 2021 Statistics Through Third Quarter | January 1st - September 30th

200

554 Units Sold

150

100

50

20

0

87

211

121

89

28

18

$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 2021 Statistics Through Third Quarter | January 1st - September 30th

SINGLE FAMILY

2021

2020

% Change

Volume

$574,109,003

$567,771,416

1%

Units

183

250

-27%

Median Price

$2,000,000

$1,425,000

40%

Average Price

$3,137,208

$2,271,086

38%

Units Under $1M

23

66

-65%

Units Over $1M

160

184

-13%

CONDOS

2021

2020

% Change

Volume

$159,890,087

$139,960,688

14%

Units

159

176

-10%

Median Price

$785,000

$620,000

27%

Average Price

$1,005,598

$799,775

26%

Units Under $500K

17

62

-73%

Units Over $500K

142

114

25%

775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/06/2021.

Incline Village 2021 Statistics Through Third Quarter | January 1st - September 30th

50

183 Units Sold

40

30

20

10

0

8

15

33

32

50

20

25

$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 2021 Statistics Through Third Quarter | January 1st - September 30th

SINGLE FAMILY

2021

2020

% Change

Volume

$494,694,228

$389,707,772

27%

Units

273

337

-19%

Median Price

$1,150,000

$800,000

44%

Average Price

$1,812,066

$1,156,402

57%

Units Under $1M

115

236

-51%

Units Over $1M

158

101

56%

CONDOS

2021

2020

% Change

Volume

$50,626,193

$61,701,304

-18%

Units

59

89

-34%

Median Price

$650,000

$429,000

52%

Average Price

$858,071

$693,273

24%

Units Under $500K

14

64

-78%

Units Over $500K

45

25

80%

530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/06/2021.

North & West Shore 2021 Statistics Through Third Quarter | January 1st - September 30th

80

70

273 Units Sold

60

50

40

30

20

0

7

36

72

71

37

33

17

$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

Truckee 2021 Statistics Through Third Quarter | January 1st - September 30th

SINGLE FAMILY

2021

2020

% Change

Volume

$1,144,253,890

$988,218,111

16%

Units

652

767

-15%

Median Price

$1,200,000

$830,000

45%

Average Price

$1,757,686

$1,288,419

36%

Units Under $1M

263

482

-45%

Units Over $1M

389

285

36%

CONDOS

2021

2020

% Change

Volume

$231,851,116

$156,685,269

48%

Units

292

222

32%

Median Price

$640,750

$533,750

20%

Average Price

$794,010

$705,789

12%

Units Under $500K

85

95

-11%

Units Over $500K

207

127

63%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/06/2021.

Truckee 2021 Statistics Through Third Quarter | January 1st - September 30th

200

652 Units Sold

150

100

50

20

0

8

67

188

166

91

$0$449,999

$500,000$749,999

$750,000$999,999

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

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

95

37

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

Tahoe Donner 2021 Statistics Through Third Quarter | January 1st - September 30th

SINGLE FAMILY

2021

2020

% Change

Volume

$277,766,783

$223,533,699

24%

Units

236

256

-8%

Median Price

$1,100,000

$769,000

43%

Average Price

$1,176,977

$873,178

35%

Units Under $1M

99

371

-73%

Units Over $1M

137

60

128%

CONDOS

2021

2020

% Change

Volume

$24,415,000

$15,294,715

60%

Units

47

42

12%

Median Price

$525,000

$369,250

42%

Average Price

$519,468

$354,250

47%

Units Under $500K

20

36

-44%

Units Over $500K

27

6

350%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/06/2021.

Tahoe Donner 2021 Statistics Through Third Quarter | January 1st - September 30th

100

236 Units Sold

75

50

25

0

0

18

81

97

31

9

$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 2021 Statistics Through Third Quarter | January 1st - September 30th

2021 vs 2020

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

2021 $2,229,983,198 3,336 $527,997 $668,460 2,925 411

2020 $1,743,817,087 3,311 $435,000 $526,673 3,105 206

2021 $738,751,727 1,452 $470,000 $508,082 1,431 23

2020 $641,142,298 1,531 $399,000 $418,773 1,528 3

2021 $2,968,734,925 4,790 $502,500 $619,777 4,356 434

2020 $2,384,959,385 4,842 $420,000 $492,556 4,633 209

2021 $297,440,815 576 $450,000 $516,390 552 24

2020 $194,585,591 469 $365,000 $414,894 467 2

2021 $440,481,259 612 $557,512 $719,740 537 75

2020 $376,531,736 657 $470,000 $573,107 622 35

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/06/2021.

% 28% 1% 21% 27% -6% 100%

% 15% -5% 18% 21% -6% 667%

% 24% -1% 20% 26% -6% 108%

% 53% 23% 23% 24% 18% 1100%

% 17% -7% 19% 26% -14% 114%

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

2021 $267,422,868 831 $300,000 $321,808 745 86

2020 $187,393,431 712 $264,400 $263,193 692 20

2021 $42,104,601 158 $260,000 $266,484 158 0

2020 $30,721,681 132 $225,500 $232,740 132 0

2021 $309,527,469 989 $289,000 $312,970 903 86

2020 $218,115,112 844 $253,750 $258,430 824 20

2021 $28,526,257 101 $266,000 $282,438 101 0

2020 $22,036,953 75 $265,000 $293,826 74 1

% 43% 17% 13% 22% 8% 330%

% 37% 20% 15% 14% 20% 0%

% 42% 17% 14% 21% 10% 330%

% 29% 35% 0% -4% 36% 100%

Reno-Sparks 2021 Statistics Through Third Quarter | January 1st - September 30th

2021 vs 2020 SALES VOLUME

UNITS SOLD

$2.5M

5,000

$2.0M

4,000 24% INCREASE

$1.5M

3,000 -1% DECREASE

$1M

2,000 -17% DECREASE 42% INCREASE

$.5M

1,000

0

0 $2,968,734,925 $2,384,959,385 2021 2020

$309,527,469 2021

$218,115,112 2020

989 2021

4,842 2020

844 2020

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

4,790 2021

MEDIAN & AVERAGE PRICE $600,000 $550,000 $500,000 $450,000 26% INCREASE

$400,000 20% INCREASE

$350,000

21% INCREASE 14% INCREASE

$300,000 $250,000 $200,000 $150,000 $0 $502,500

$420,000

$619,777

$492,556

$289,000

$253,750

$312,970

$258,430

Median 2021

Median 2020

Average 2021

Average 2020

Median 2021

Median 2020

Average 2021

Average 2020

SINGLE FAMILY

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/06/2021.

CONDOS

Reno 2021 Statistics Through Third Quarter | January 1st - September 30th

SINGLE FAMILY

2021

2020

% Change

Volume

$2,229,983,198

$1,743,817,087

28%

Units

3,336

3,311

1%

Median Price

$527,997

$435,000

21%

Average Price

$668,460

$526,673

27%

Units Under $1M

2,925

3,105

-6%

Units Over $1M

411

206

100%

CONDOS

2021

2020

% Change

Volume

$267,422,868

$187,393,431

43%

Units

831

712

17%

Median Price

$300,000

$264,400

13%

Average Price

$321,808

$263,193

22%

Units Under $500K

745

692

8%

Units Over $500K

86

20

330%

775.737.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 10/06/2021.

Reno 2021 Statistics Through Third Quarter | January 1st - September 30th

1,000

3,336 Units Sold

800

600

400

200

0

82

537

869

1,100

337

411

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over $1,000,000

Sparks 2021 Statistics Through Third Quarter | January 1st - September 30th

SINGLE FAMILY

2021

2020

% Change

Volume

$738,751,727

$641,142,298

15%

Units

1,454

1,531

-5%

Median Price

$470,000

$399,000

18%

Average Price

$508,082

$418,773

21%

Units Under $1M

1,431

1,528

-6%

Units Over $1M

23

3

667%

CONDOS

2021

2020

% Change

Volume

$42,104,601

$30,721,681

37%

Units

158

132

20%

Median Price

$260,000

$225,500

15%

Average Price

$266,484

$232,740

14%

Units Under $500K

158

132

20%

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 10/06/2021.

Sparks 2021 Statistics Through Third Quarter | January 1st - September 30th

600

1,454 Units Sold

500

400

300

200

100

0

35

299

514

493

88

23

$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 2021 Statistics Through Third Quarter | January 1st - September 30th

SINGLE FAMILY

2021

2020

% Change

Volume

$440,481,259

$376,531,736

17%

Units

612

657

-7%

Median Price

$557,512

$470,000

19%

Average Price

$719,740

$573,107

26%

Units Under $1M

537

622

-14%

Units Over $1M

75

35

114%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 10/06/2021.

Carson Valley 2021 Statistics Through Third Quarter | January 1st - September 30th

200

612 Units Sold

160

120

80

40

0

6

98

134

220

79

75

$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 2021 Statistics Through Third Quarter | January 1st - September 30th

SINGLE FAMILY

2021

2020

% Change

Volume

$297,440,815

$194,585,591

53%

Units

576

469

23%

Median Price

$450,000

$365,000

23%

Average Price

$516,390

$414,894

24%

Units Under $1M

552

467

18%

Units Over $1M

24

2

1100%

CONDOS

2021

2020

% Change

Volume

$28,526,257

$22,036,953

29%

Units

101

75

35%

Median Price

$266,000

$265,000

0%

Average Price

$282,438

$293,826

-4%

Units Under $500K

101

74

36%

Units Over $500K

0

1

100%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 10/06/2020.

Carson City 2021 Statistics Through Third Quarter | January 1st - September 30th

200

576 Units Sold

160

120

80

40

0

32

154

162

169

35

24

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over $1,000,000

Fernley 2021 Statistics Through Third Quarter | January 1st - September 30th

SINGLE FAMILY

2021

2020

% Change

Volume

$184,778,717

$124,389,563

49%

Units

518

419

24%

Median Price

$349,950

$280,000

25%

Average Price

$356,715

$296,872

20%

Units Under $1M

518

419

24%

Units Over $1M

0

0

0%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 10/06/2021.

Fernley 2021 Statistics Through Third Quarter | January 1st - September 30th

300

518 Units Sold

250

200

150

100

50

0

82

328

89

19

$0$299,999

$300,000$399,999

$400,000$499,999

Over $500,000

ONE COMPANY.

ONE HEART. ONE PHILOSOPHY.

$2.5 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 region. With more than 380 compassionate and determined REALTORS® in 12 locations, we are committed to our clients’ 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

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