2022 Mid Year Market Stats - Chase International

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

CRYSTALPOINTETAHOE.COM

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

Lake Tahoe 2022 Mid-Year Statistics | January 1st - June 30th

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

$143,430,000 46 $1,750,000 $3,118,043 6 40

$218,825,400 90 $1,527,500 $2,431,393 19 71

% -34% -49% 15% 28% -68% -44%

CONDOS

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

2022

2021

$50,187,500 56 $702,500 $896,205 15 41

$50,131,000 64 $657,500 $783,296 18 46

% 0% -13% 7% 14% -17% -11%

2022

2021

%

CONDOS

2022

2021

$288,717,768

$346,679,735

-17%

Volume

$27,551,025

$26,936,450

2%

302 $775,000 $956,019 217 85

379 $729,000 $914,722 277 102

-20% 6% 5% -22% -17%

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

43 $500,000 $640,722 21 22

55 $410,000 $489,754 39 16

-22% 22% 31% -46% 38%

2022

2021

$238,418,866 75 $2,450,000 $3,178,918 8 67

$414,429,503 125 $2,100,000 $3,315,436 13 112

2022

2021

$177,504,500 100 $1,200,000 $1,775,045 36 64

$307,151,728 171 $1,118,000 $1,796,208 72 99

2022

2021

$848,071,134 523 $955,000 $9,028,025 267 256

$1,287,086,366 765 $1,000,000 $8,457,759 381 384

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/01/2022.

% -42% -40% 17% -4% -38% -40%

% -42% -42% 7% -1% -50% -35%

% -34% -32% -5% 7% -30% -33%

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

$88,610,300 76 $970,000 $1,165,925 4 72

$106,319,687 107 $785,000 $765,000 11 96

2022

2021

$29,707,750 32 $762,500 $928,367 10 22

$33,429,093 39 $650,000 $857,156 11 28

2022

2021

$196,056,575 207 $765,000 $3,631,219 50 157

$216,816,230 265 $700,000 $2,895,206 79 186

%

% -17% -29% 24% 52% -64% -25%

% -11% -18% 17% 8% -9% -21%

% -10% -22% 9% 25% -37% -16%

Lake Tahoe 2022 Mid-Year Statistics | January 1st - June 30th

2022 vs 2021 SALES VOLUME

UNITS SOLD 800

1200

640

900

480 $ IN MILLIONS

600

-34% DECREASE

-32% DECREASE -10% DECREASE

300

-22% DECREASE

320

160

$0

0 $848,071,134 2022

$1,287,366 2021

SINGLE FAMILY

$196,056,575 2022

523 2022

$216,816,230 2021

207 2022

765 2021

CONDOS

SINGLE FAMILY

CONDOS

MEDIAN & AVERAGE PRICE

$9

$ IN MILLIONS

7% INCREASE

$6 25% INCREASE -5% INCREASE

$3 9% INCREASE

$0 $955,000

$1,000,000

$9,028,025

$8,457,759

$765,000

$700,000

$3,631,219

$2,895,206

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 07/01/2022.

265 2021

CONDOS

East Shore 2022 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$143,430,000

$218,825,400

-34%

Units

46

90

-49%

Median Price

$1,750,000

$1,527,500

15%

Average Price

$3,118,043

$2,431,393

28%

Units Under $1M

6

19

-68%

Units Over $1M

40

71

-44%

CONDOS

2022

2021

% Change

Volume

$50,187,500

$50,131,000

0%

Units

56

64

-13%

Median Price

$702,500

$657,500

7%

Average Price

$896,205

$783,296

14%

Units Under $500K

15

18

-17%

Units Over $500K

41

46

-11%

775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/01/2022.

East Shore 2022 Mid-Year Statistics | January 1st - June 30th

15

46 Units Sold

12

9

6

3

0

0

2

4

14

10

6

4

6

$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 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$288,717,768

$346,679,735

-17%

Units

302

379

-20%

Median Price

$775,000

$729,000

6%

Average Price

$956,019

$914,722

5%

Units Under $1M

217

277

-22%

Units Over $1M

85

102

-17%

CONDOS

2022

2021

% Change

Volume

$27,551,025

$26,936,450

2%

Units

43

55

-22%

Median Price

$500,000

$410,000

22%

Average Price

$640,722

$489,754

31%

Units Under $500K

21

39

-46%

Units Over $500K

22

16

38%

530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/01/2022.

South Shore 2022 Mid-Year Statistics | January 1st - June 30th

100

302 Units Sold

80

60

40

20

0

30

111

76

50

20

15

$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 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$238,418,866

$414,429,503

-42%

Units

75

125

-40%

Median Price

$2,450,000

$2,100,000

17%

Average Price

$3,178,918

$3,315,436

-4%

Units Under $1M

8

13

-38%

Units Over $1M

67

112

-40%

CONDOS

2022

2021

% Change

Volume

$88,610,300

$106,319,687

-17%

Units

76

107

-29%

Median Price

$970,000

$785,000

24%

Average Price

$1,165,925

$765,000

52%

Units Under $500K

4

11

-64%

Units Over $500K

72

96

-25%

775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/01/2022.

Incline Village 2022 Mid-Year Statistics | January 1st - June 30th

25

75 Units Sold

20

15

10

5

0

1

7

6

13

22

15

11

$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 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$177,504,500

$307,151,728

-42%

Units

100

171

-42%

Median Price

$1,200,000

$1,118,000

7%

Average Price

$1,775,045

$1,796,208

-1%

Units Under $1M

36

72

-50%

Units Over $1M

64

99

-35%

CONDOS

2022

2021

% Change

Volume

$29,707,750

$33,429,093

-11%

Units

32

39

-18%

Median Price

$762,500

$650,000

17%

Average Price

$928,367

$857,156

8%

Units Under $500K

10

11

-9%

Units Over $500K

22

28

-21%

530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/01/2022.

North & West Shore 2022 Mid-Year Statistics | January 1st - June 30th

30

100 Units Sold 20

10

0

0

11

25

27

18

16

$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

3

Truckee 2022 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$675,733,086

$622,628,766

9%

Units

322

356

-10%

Median Price

$1,357,500

$1,200,050

13%

Average Price

$2,098,549

$1,753,883

20%

Units Under $1M

84

144

-42%

Units Over $1M

238

212

12%

CONDOS

2022

2021

% Change

Volume

$106,615,697

$162,608,816

-34%

Units

115

204

-44%

Median Price

$775,000

$635,500

22%

Average Price

$927,093

$797,102

16%

Units Under $500K

21

60

-65%

Units Over $500K

94

144

-35%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/01/2022.

Truckee 2022 Mid-Year Statistics | January 1st - June 30th

90

322 Units Sold

60

30

0

6

17

61

94

45

$0$449,999

$500,000$749,999

$750,000$999,999

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

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

78

21

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

Tahoe Donner 2022 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$161,440,799

$142,479,483

13%

Units

114

126

-10%

Median Price

$1,300,000

$1,037,500

25%

Average Price

$1,416,147

$1,130,789

25%

Units Under $1M

22

56

-61%

Units Over $1M

92

70

31%

CONDOS

2022

2021

% Change

Volume

$14,384,200

$15,622,000

-8%

Units

26

31

-16%

Median Price

$608,500

$522,000

17%

Average Price

$553,238

$503,935

10%

Units Under $500K

10

13

-23%

Units Over $500K

16

18

-11%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/01/2022.

Tahoe Donner 2022 Mid-Year Statistics | January 1st - June 30th

50

114 Units Sold

40

30

20

10

0

0

3

19

53

25

14

$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 Mid-Year Statistics | January 1st - June 30th

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 $1,461,629,386 1,929 $615,000 $757,713 1,622 307

2021 $1,383,607,880 2,103 $515,000 $657,921 1,848 255

2022 $466,036,468 812 $549,000 $573,936 792 20

2021 $446,635,320 912 $450,500 $489,731 901 11

2022 $1,927,665,854 2,741 $585,000 $703,271 2,414 327

2021 $1,830,243,200 3,015 $488,000 $607,045 2,749 266

2022 $205,874,807 365 $490,000 $564,040 353 12

2021 $186,665,377 369 $443,398 $505,868 352 17

% 6% -8% 19% 15% -12% 20%

% 4% -11% 22% 17% -12% 82%

% 5% -9% 20% 16% -12% 23%

% 10% -1% 11% 11% 0% -29%

2022

2021

%

$280,712,667 378 $605,000 $742,626 325 53

$286,699,706 412 $555,000 $695,873 368 44

-2% -8% 9% 7% -12% 20%

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/01/2022.

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 $151,561,529 424 $339,750 $357,456 360 64

2022 $38,140,087 121 $300,000 $315,207 119 2

2022 $189,701,616 545 $327,000 $348,076 479 66

2022 $19,419,782 61 $301,000 $318,357 61 0

2021 $170,892,208 553 $290,000 $309,027 502 51

2021 $23,735,400 94 $245,750 $252,504 94 0

2021 $194,627,608 647 $275,000 $300,815 596 51

2021 $18,429,364 68 $252,000 $271,020 68 0

% -11% -23% 17% 16% -28% 25%

% 61% 29% 22% 25% 27% 0%

% -3% -16% 19% 16% -20% 29%

% 5% -10% 19% 17% -10% 0%

Reno-Sparks 2022 Mid-Year Statistics | January 1st - June 30th

2022 vs 2021 SALES VOLUME

UNITS SOLD

$2000

3,000

$1500

2,500

$1000

5% INCREASE

2,000

$500

1,500

$300

1,000

$ IN MILLIONS

-9%DECREASE -3% DECREASE

$200

500

$100

250

$0

-3% DECREASE

0 $1,927,665,854$1,830,243,200 2022 2021

2,741 2022

$189,701,616 2022

647 2021

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

545 2022

3,015 2021

MEDIAN & AVERAGE PRICE $1,000,000 $900,000 $800,000

16% INCREASE

$700,000 $600,000

20% INCREASE

$500,000 16% INCREASE

$400,000

19% INCREASE

$300,000 $200,000 $100,000 $0 $585,000

$488,000

$703,271

$607,045

$327,000

$275,000

$348,076

$300,815

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 07/01/2022.

CONDOS

Reno 2022 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$1,461,629,386

$1,383,607,880

6%

Units

1,929

2,103

-8%

Median Price

$615,000

$515,000

19%

Average Price

$757,713

$657,921

15%

Units Under $1M

1,622

1,848

-12%

Units Over $1M

307

255

20%

CONDOS

2022

2021

% Change

Volume

$151,561,529

$170,892,208

-11%

Units

424

553

-23%

Median Price

$339,750

$290,000

17%

Average Price

$357,456

$309,027

16%

Units Under $500K

360

502

-28%

Units Over $500K

64

51

25%

775.850.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/01/2022.

Reno 2022 Mid-Year Statistics | January 1st - June 30th

1000

850

1,929 Units Sold

700

550

400

200

0

19

100

404

806

292

307

$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 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$466,036,468

$446,635,320

4%

Units

812

912

-11%

Median Price

$549,000

$450,500

22%

Average Price

$573,936

$489,731

17%

Units Under $1M

792

901

-12%

Units Over $1M

20

11

82%

CONDOS

2022

2021

% Change

Volume

$38,140,087

$23,735,400

61%

Units

121

94

29%

Median Price

$300,000

$245,750

22%

Average Price

$315,207

$252,504

25%

Units Under $500K

119

94

27%

Units Over $500K

2

0

0%

775.737.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/01/2022.

Sparks 2022 Mid-Year Statistics | January 1st - June 30th

400

812 Units Sold

300

200

100

0

7

48

225

434

78

20

$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 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$280,712,667

$286,699,706

-2%

Units

378

412

-8%

Median Price

$605,000

$555,000

9%

Average Price

$742,626

$695,873

7%

Units Under $1M

325

368

-12%

Units Over $1M

53

44

20%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 07/01/2022.

Carson Valley 2022 Mid-Year Statistics | January 1st - June 30th

150

378 Units Sold

120

90

60

30

0

2

12

102

147

62

53

$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 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$205,874,807

$168,665,377

10%

Units

365

369

-1%

Median Price

$490,000

$443,398

11%

Average Price

$564,040

$505,868

11%

Units Under $1M

353

352

0%

Units Over $1M

12

17

-29%

CONDOS

2022

2021

% Change

Volume

$19,419,782

$18,429,364

5%

Units

61

68

-10%

Median Price

$301,000

$252,000

19%

Average Price

$318,357

$271,020

17%

Units Under $500K

61

68

-10%

Units Over $500K

0

0

0%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 07/01/2022.

Carson City 2022 Mid-Year Statistics | January 1st - June 30th

150

365 Units Sold

100

50

25

0

2

53

138

114

46

12

$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 Mid-Year Statistics | January 1st - June 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$122,431,779

$113,510,573

8%

Units

305

328

-7%

Median Price

$385,000

$335,000

15%

Average Price

$401,415

$346,068

16%

Units Under $1M

305

328

-7%

Units Over $1M

0

0

0%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 07/01/2022.

Fernley 2022 Mid-Year Statistics | January 1st - June 30th

200

305 Units Sold

150

100

50

0

8

171

106

20

$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

|

CHASEINTERNATIONAL.COM

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