2022 Q1 Market Stats

2022 Q1 MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY

FREEDOMRANCHNV.COM

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

Lake Tahoe 2022 Q1 Statistics | January 1st - March 31st

2022 vs 2021 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

2022

2021

$89,132,000 28 $1,562,000 $3,183,285 4 24

$117,930,000 49 $1,410,000 $2,406,734 10 39

% -24% -43% 11% 32% -60% -38%

CONDOS

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

2022

2021

$29,680,000 32 $677,500 $927,500 9 23

$26,615,000 31 $625,000 $858,548 10 21

% 12% 3% 8% 8% -10% 10%

2022

2021

%

CONDOS

2022

2021

$115,645,816

$138,874,499

-17%

Volume

$16,215,525

$15,949,550

2%

130 $747,000 $889,583 96 34

170 $717,500 $816,909 132 38

-24% 4% 9% -27% -11%

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

22 $506,250 $737,069 10 12

29 $410,000 $549,984 17 12

-24% 23% 34% -41% 0%

2022

2021

$112,764,500 36 $2,495,000 $3,132,347 3 33

$211,997,700 64 $2,125,000 $3,312,464 8 56

2022

2021

$89,927,500 47 $1,155,000 $1,913,351 19 28

$135,246,400 80 $999,500 $1,690,580 40 40

2022

2021

$407,469,816 241 $978,500 $2,279,641 122 119

$604,048,599 363 $970,000 $2,056,671 190 173

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/04/2022.

% -47% -44% 17% -5% -63% -41%

% -34% -41% 16% 13% -53% -30%

% -33% -34% 1% 11% -36% -31%

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

2022

2021

$42,154,000 40 $852,000 $1,053,850 2 38

$40,991,300 45 $765,000 $910,918 5 40

2022

2021

$11,844,500 15 $675,000 $789,633 7 8

$9,819,000 12 $577,000 $818,250 5 7

2022

2021

$99,894,025 109 $725,000 $876,513 28 81

$93,374,850 117 $640,000 $784,446 37 80

%

% 3% -11% 11% 16% -60% -5%

% 21% 25% 17% -3% 40% 14%

% 7% -7% 13% 12% -24% 1%

Lake Tahoe 2022 Q1 Statistics | January 1st - March 31st

2022 vs 2021 SALES VOLUME

UNITS SOLD 350

600

300

400

250 $ IN MILLIONS

200

-33% DECREASE

-34% DECREASE 7% INCREASE

100

-7% DECREASE

200

100

$0

0 $407,469,816 2022

$604,048,599 2021

SINGLE FAMILY

$99,894,025 2022

241 2022

$93,374,850 2021

109 2022

363 2021

CONDOS

SINGLE FAMILY

CONDOS

MEDIAN & AVERAGE PRICE

$2

$ IN MILLIONS

11% INCREASE

$1.5

1% INCREASE

12% INCREASE

$1

13% INCREASE

$0 $978,500

$970,000

$2,279,641

$2,056,671

$725,000

$640,000

$876,513

$784,446

Median 2022

Median 2021

Average 2022

Average 2021

Median 2022

Median 2021

Average 2022

Average 2021

SINGLE FAMILY

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/04/2022.

117 2021

CONDOS

East Shore 2022 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2022

2021

% Change

Volume

$89,132,000

$117,930,000

-24%

Units

28

49

-43%

Median Price

$1,562,000

$1,410,000

11%

Average Price

$3,183,285

$2,406,734

32%

Units Under $1M

4

10

-60%

Units Over $1M

24

39

-38%

CONDOS

2022

2021

% Change

Volume

$29,680,000

$26,615,000

12%

Units

32

31

3%

Median Price

$677,500

$625,000

8%

Average Price

$927,500

$858,548

8%

Units Under $500K

9

10

-10%

Units Over $500K

23

21

10%

775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/04/2022.

East Shore 2022 Q1 Statistics | January 1st - March 31st

10

28 Units Sold

8

6

4

2

0

0

1

3

8

8

3

2

3

$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 2022 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2022

2021

% Change

Volume

$115,645,816

$138,874,499

-17%

Units

130

170

-24%

Median Price

$747,000

$717,500

4%

Average Price

$889,583

$816,909

9%

Units Under $1M

96

132

-27%

Units Over $1M

34

38

-11%

CONDOS

2022

2021

% Change

Volume

$16,215,525

$15,949,550

2%

Units

22

29

-24%

Median Price

$506,250

$410,000

23%

Average Price

$737,069

$549,984

34%

Units Under $500K

10

17

-41%

Units Over $500K

12

12

0%

530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/04/2022.

South Shore 2022 Q1 Statistics | January 1st - March 31st

50

130 Units Sold

40

30

20

10

0

17

49

30

22

6

6

$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 2022 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2022

2021

% Change

Volume

$112,764,500

$211,997,700

-47%

Units

36

64

-44%

Median Price

$2,495,000

$2,125,000

17%

Average Price

$3,132,347

$3,312,464

-5%

Units Under $1M

3

8

-63%

Units Over $1M

33

56

-41%

CONDOS

2022

2021

% Change

Volume

$42,154,000

$40,991,300

3%

Units

40

45

-11%

Median Price

$852,000

$765,000

11%

Average Price

$1,053,850

$910,918

16%

Units Under $500K

2

5

-60%

Units Over $500K

38

40

-5%

775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/04/2022.

Incline Village 2022 Q1 Statistics | January 1st - March 31st

15

36 Units Sold

12

10

5

3

0

0

3

2

6

13

8

4

$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 2022 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2022

2021

% Change

Volume

$89,927,500

$135,246,400

-34%

Units

47

80

-41%

Median Price

$1,155,000

$999,500

16%

Average Price

$1,913,351

$1,690,580

13%

Units Under $1M

19

40

-53%

Units Over $1M

28

40

-30%

CONDOS

2022

2021

% Change

Volume

$11,844,500

$9,819,000

21%

Units

15

12

25%

Median Price

$675,000

$577,000

17%

Average Price

$789,633

$818,250

-3%

Units Under $500K

7

5

40%

Units Over $500K

8

7

14%

530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/04/2022.

North & West Shore 2022 Q1 Statistics | January 1st - March 31st

15

47 Units Sold 10

5

0

0

6

13

11

11

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

1

Truckee 2022 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2022

2021

% Change

Volume

$344,252,403

$316,948,331

9%

Units

136

160

-15%

Median Price

$1,475,000

$1,225,050

20%

Average Price

$2,531,267

$1,993,385

27%

Units Under $1M

35

69

-49%

Units Over $1M

101

91

11%

CONDOS

2022

2021

% Change

Volume

$49,899,578

$65,266,979

-24%

Units

58

83

-30%

Median Price

$775,000

$630,000

23%

Average Price

$860,337

$786,349

9%

Units Under $500K

10

20

-50%

Units Over $500K

48

60

-24%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/04/2022.

Truckee 2022 Q1 Statistics | January 1st - March 31st

30

136 Units Sold

20

10

0

2

11

22

33

18

$0$449,999

$500,000$749,999

$750,000$999,999

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

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

34

16

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

Tahoe Donner 2022 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2022

2021

% Change

Volume

$56,477,725

$50,592,931

12%

Units

40

48

-17%

Median Price

$1,300,000

$960,000

35%

Average Price

$1,411,943

$1,054,019

34%

Units Under $1M

9

26

-65%

Units Over $1M

31

22

41%

CONDOS

2022

2021

% Change

Volume

$6,978,700

$7,258,000

-4%

Units

13

15

-13%

Median Price

$607,000

$522,000

16%

Average Price

$536,823

$483,866

11%

Units Under $500K

4

6

-33%

Units Over $500K

9

9

0%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/04/2022.

Tahoe Donner 2022 Q1 Statistics | January 1st - March 31st

20

40 Units Sold

15

10

5

3

0

0

2

7

18

8

5

$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 2022 Q1 Statistics | January 1st - March 31st

2022 vs 2021

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

2022 $633,893,646 877 $590,000 $722,797 750 127

2021 $535,251,609 847 $485,000 $631,938 753 94

2022 $218,468,638 389 $533,000 $561,616 379 10

2021 $186,305,701 398 $428,962 $468,104 395 3

2022 $852,362,284 1,266 $570,000 $673,271 1,129 137

2021 $721,557,310 1,245 $461,500 $579,564 1148 97

2022 $90,124,093 160 $490,000 $563,275 156 4

2021 $77,317,730 156 $427,000 $495,626 146 10

% 18% 4% 22% 14% 0% 35%

% 17% -2% 24% 20% -4% 233%

% 18% 2% 24% 16% -2% 41%

% 17% 3% 15% 14% 7% -60%

2022

2021

%

$137,597,636 180 $600,000 $764,431 151 29

$118,463,329 170 $552,500 $696,843 154 16

16% 6% 9% 10% -2% 81%

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/04/2022.

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

2022 $68,020,229 193 $330,000 $353,436 163 30

2022 $17,516,500 58 $297,450 $302,008 58 0

2022 $85,536,729 251 $314,000 $340,783 221 30

2022 $7,256,384 24 $292,500 $302,349 24 0

2021 $71,679,605 244 $267,500 $293,768 224 20

2021 $10,364,000 44 $231,500 $235,545 44 0

2021 $82,043,605 288 $249,900 $284,873 268 20

2021 $6,897,918 25 $250,000 $276,916 25 0

% -5% -21% 23% 20% -27% 50%

% 69% 32% 28% 28% 32% 0%

% 4% -13% 26% 20% -18% 50%

% 5% -4% 17% 9% -4% 100%

Reno-Sparks 2022 Q1 Statistics | January 1st - March 31st

2022 vs 2021 SALES VOLUME

UNITS SOLD

$700

1,400

$600

1,200

$500

18% INCREASE

1,000

$400

800

$300

600

$200

400

$ IN MILLIONS

2% INCREASE

-13% DECREASE

4% INCREASE

$100

200

$0

0 $852,362,284 2022

$721,557,310 2021

$85,536,729 2022

$82,043,605 2021

251 2022

1,245 2021

288 2021

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

1,266 2022

MEDIAN & AVERAGE PRICE $500,000 $450,000 $400,000 $350,000 16% INCREASE

$300,000 24% INCREASE

$250,000 20% INCREASE

$200,000 26% INCREASE

$150,000 $100,000 $50,000 $0 $570,000

$461,500

$673,271

$579,564

$314,000

$249,900

$340,783

$284,873

Median 2022

Median 2021

Average 2022

Average 2021

Median 2022

Median 2021

Average 2022

Average 2021

SINGLE FAMILY

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/04/2022.

CONDOS

Reno 2022 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2022

2021

% Change

Volume

$633,893,646

$535,251,609

18%

Units

877

847

4%

Median Price

$590,000

$485,000

22%

Average Price

$722,797

$631,938

14%

Units Under $1M

750

753

0%

Units Over $1M

127

94

35%

CONDOS

2022

2021

% Change

Volume

$68,020,229

$71,679,605

-5%

Units

193

244

-21%

Median Price

$330,000

$267,500

23%

Average Price

$353,436

$293,768

20%

Units Under $500K

163

224

-27%

Units Over $500K

30

20

50%

775.737.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/04/2022.

Reno 2022 Q1 Statistics | January 1st - March 31st

300

250

877 Units Sold

200

150

100

50

0

11

52

206

361

120

127

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over $1,000,000

Sparks 2022 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2022

2021

% Change

Volume

$218,468,638

$186,305,701

17%

Units

389

398

-2%

Median Price

$533,000

$428,962

24%

Average Price

$561,616

$468,104

20%

Units Under $1M

379

395

-4%

Units Over $1M

10

3

233%

CONDOS

2022

2021

% Change

Volume

$17,516,500

$10,364,000

69%

Units

58

44

32%

Median Price

$297,450

$231,500

28%

Average Price

$302,008

$235,545

28%

Units Under $500K

58

44

32%

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 04/04/2022.

Sparks 2022 Q1 Statistics | January 1st - March 31st

180

390 Units Sold

120

60

10

0

3

31

124

188

34

10

$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 2022 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2022

2021

% Change

Volume

$137,597,636

$118,463,329

16%

Units

180

170

6%

Median Price

$600,000

$552,500

9%

Average Price

$764,431

$696,843

10%

Units Under $1M

151

154

-2%

Units Over $1M

29

16

81%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/04/2022.

Carson Valley 2022 Q1 Statistics | January 1st - March 31st

60

180 Units Sold

50

40

30

20

0

1

5

52

67

26

29

$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 2022 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2022

2021

% Change

Volume

$90,124,093

$77,317,730

17%

Units

160

156

3%

Median Price

$490,000

$427,000

15%

Average Price

$563,275

$495,626

14%

Units Under $1M

156

146

7%

Units Over $1M

4

10

-60%

CONDOS

2022

2021

% Change

Volume

$7,256,384

$6,897,918

5%

Units

24

25

-4%

Median Price

$292,500

$250,000

17%

Average Price

$302,349

$276,916

9%

Units Under $500K

24

25

-4%

Units Over $500K

0

0

100%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/04/2022.

Carson City 2022 Q1 Statistics | January 1st - March 31st

50

160 Units Sold

40

30

20

0

2

25

57

51

20

5

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over$1,000,000

Fernley 2022 Q1 Statistics | January 1st - March 31st

SINGLE FAMILY

2022

2021

% Change

Volume

$61,873,257

$49,765,765

24%

Units

157

150

5%

Median Price

$382,000

$315,305

21%

Average Price

$394,097

$331,771

19%

Units Under $1M

157

150

5%

Units Over $1M

0

0

0%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/04/2022.

Fernley 2022 Q1 Statistics | January 1st - March 31st

90

157 Units Sold

30

10

5

0

6

94

48

9

$0$299,999

$300,000$399,999

$400,000$499,999

Over $500,000

ONE COMPANY.

ONE HEART. ONE PHILOSOPHY.

$2.6 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 350 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

|

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