2022 Tahoe Reno Q3 Market Stats

Page 1

Check current market value for your home at chaseinternational.com/value PENNINGTON MANSION 2022 Q3 MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY

Lake Tahoe

2022 vs 2021

EAST SHORE

SINGLE FAMILY 2022 2021 % CONDOS 2022 2021 %

Volume Units

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

SOUTH SHORE

VILLAGE

INCLINE

NORTH & WEST SHORE

LAKE TOTALS

$182,269,000 70 $1,532,000 $2,603,842 13 57

$339,713,500 131 $1,495,000 $2,593,232 28 103

-46% -47% 2% 0% -54% -45%

Volume Units

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

$70,688,000 72 $687,500 $981,777 20 52

$75,350,655 84 $694,500 $897,031 10 64

-6% -14% -1% 9% 100% -19%

SINGLE FAMILY 2022 2021 % CONDOS 2022 2021 %

Volume Units

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

$430,231,878 467 $720,000 $921,267 353 114

$490,709,782 557 $725,000 $880,987 422 135

-12% -16% -1% 5% -16% -16%

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

$41,263,413 67 $500,000 $615,872 33 34

$46,368,950 84 $425,000 $552,011 54 30

-11% -20% 18% 12% -39% 13%

SINGLE FAMILY 2022 2021 % CONDOS 2022 2021 %

Volume Units

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

$361,547,888 114 $2,520,000 $3,171,473 11 103

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

-37% -38% 26% 1% -52% -36%

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

$122,883,050 106 $994,000 $1,159,274 6 100

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

-23% -33% 27% 15% -65% -30%

SINGLE FAMILY 2022 2021 % CONDOS 2022 2021 % Volume Units

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

$292,744,275 183 $1,100,000 $1,599,695 74 109

$504,155,228 276 $1,134,000 $1,826,649 117 159

-42% -34% -3% -12% -37% -31%

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

$41,087,850 43 $760,000 $955,531 13 30

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

-19% -27% 17% 11% -7% -33%

SINGLE FAMILY 2022 2021 % CONDOS 2022 2021 % Volume Units

Median Price

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

$1,266,793,041 834 $930,000 $8,296,277 451 383

$1,908,687,513 1147 $975,000 $8,438,076 590 557

-34% -27% -5% -2% -24% -31%

Volume Units

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

$275,922,313 288 $760,000 $3,712,454 72 216

$332,235,885 386 $700,000 $3,312,711 95 281

-17% -25% 9% 12% -24% -23%

Information gathered from Incline

South Lake

Board

MLS 07/01/2022.

2022 Q3 Statistics | January 1st - September 30th
Village, Tahoe Sierra, Sierra Nevada, NNRMLS and
Tahoe
of Realtors
Lake Tahoe 2022 Q3 Statistics | January 1st - September 30th 2022 vs 2021 Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/01/2022. MEDIAN & AVERAGE PRICE $975,000 Median 2021 $930,000 Median 2022 $8,438,076 Average 2021 $8,296,277 Average 2022 SINGLE FAMILY CONDOS $9 $6 $3 $0 $700,000 Median 2021 $760,000 Median 2022 $3,312,711 Average 2021 $3,712,454 Average 2022 SALES VOLUME UNITS SOLD $1,266,793,041 2022 $1,908,687,513 2021 SINGLE FAMILY $275,922,313 2022 $332,235,885 2021 CONDOS 834 2022 1,147 2021 SINGLE FAMILY 288 2022 386 2021 CONDOS -34% DECREASE -17% DECREASE -17% DECREASE -27% DECREASE 12% INCREASE 9% INCREASE -5% DECREASE -2% DECREASE $ IN MILLIONS 2000 1500 1000 500 $0 $ IN MILLIONS 1500 1200 900 600 300 0

SINGLE FAMILY

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

$182,269,000 70 $1,532,000 $2,603,842 13 57

2021 $339,713,500 131 $1,495,000 $2,593,232 28 103

Change -46% -47%

0% -54% -45%

CONDOS

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

2022 $70,688,000 72 $687,500 $981,777 20 52

2021 $75,350,655 84 $694,500 $897,031 10 64

Change -6% -14% -1% 9% 100% -19%

East Shore 2022 Q3 Statistics | January 1st - September 30th 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.
2022
%
2%
%
East Shore 2022 Q3 Statistics | January 1st - September 30th 1 $0$499,999 2 $500,000$749,999 10 $750,000$999,999 19 $1,000,000$1,499,999 14 $1,500,000$1,999,999 12 $2,000,000$2,999,999 6 $3,000,000$4,999,999 20 16 12 8 4 0 70 Units Sold 6 Over $5,000,000

SINGLE FAMILY

Volume Units

Price

Price

Under $1M

Over $1M

Volume Units Median Price Average Price

Under $500K

Over $500K

$46,368,950

$425,000 $552,011

Change -11% -20%

-39%

South Shore 2022 Q3 Statistics | January 1st - September 30th 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.
Median
Average
Units
Units
2022 $430,231,878 467 $720,000 $921,267 353 114 2021 $490,709,782 557 $725,000 $880,987 422 135 % Change -12% -16% -1% 5% -16% -16%
Units
Units
2022 $41,263,413 67 $500,000 $615,872 33 34 2021
84
54 30 %
18% 12%
13% CONDOS
South Shore 2022 Q3 Statistics | January 1st - September 30th 51 $0$499,999 196 $500,000$749,999 106 $750,000$999,999 68 $1,000,000$1,499,999 25 $1,500,000$1,999,999 21 Over $2,000,000 200 160 120 80 40 0 467 Units Sold

SINGLE FAMILY

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

Incline

CONDOS

Volume Units

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

2022 $361,547,888 114 $2,520,000 $3,171,473

103

2022 $122,883,050 106 $994,000 $1,159,274 6 100

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

% Change -37% -38% 26% 1% -52% -36%

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

Change -23% -33% 27% 15% -65% -30%

Village 2022 Q3 Statistics | January 1st - September 30th 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.
11
%
Incline Village 2022 Q3 Statistics | January 1st - September 30th *Includes PUD’s 1 $0$749,999 9 $750,000$999,999 9 $1,000,000$1,499,999 20 $1,500,000$1,999,999 34 $2,000,000$2,999,999 24 $3,000,000$4,999,999 14 Over $5,000,000 35 28 21 14 7 0 111 Units Sold

North & West Shore

SINGLE FAMILY

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

CONDOS

Volume Units

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

$41,087,850

$760,000 $955,531

$504,155,228

$1,826,649

Change -42% -34% -3% -12% -37% -31%

$50,626,193

$650,000 $858,071

Change -19% -27% 17% 11% -7% -33%

2022 Q3 Statistics | January 1st - September 30th 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.
2022 $292,744,275 183 $1,100,000 $1,599,695 74 109 2021
276 $1,134,000
117 159 %
2022
43
13 30 2021
59
14 45 %
North & West Shore 2022 Q3 Statistics | January 1st - September 30th 1 $0$499,999 27 $500,000$749,999 46 $750,000$999,999 51 $1,000,000$1,499,999 27 $1,500,000$1,999,999 25 $2,000,000$4,999,999 6 Over $5,000,000 60 40 20 0 183 Units Sold

SINGLE FAMILY

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

2022

$1,024,312,539 533 $1,265,000 $1,921,787 161 372

2021

$1,149,889,020 657 $1,200,000 $1,752,879 266 391

% Change -11% -19% 5% 10% -39% -5%

CONDOS

Volume Units

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

2022 $149,886,275 163 $735,000 $919,547 33 130

2021 $235,379,475 294 $643,000 $800,610 85 209

% Change -36% -45% 14% 15% -61% -38%

Truckee 2022 Q3 Statistics | January 1st - September 30th 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 Q3 Statistics | January 1st - September 30th 7 $0$449,999 41 $500,000$749,999 113 $750,000$999,999 160 $1,000,000$1,499,999 73 $1,500,000$1,999,999 108 $2,000,000$4,999,999 31 Over $5,000,000 150 100 50 0 533 Units Sold

SINGLE FAMILY

Volume Units Median Price Average Price

Under $1M

Over $1M

Tahoe

$24,415,000

Units

Median Price Average Price Units Under $500K

Over $500K

Change -24% -26%

$525,000 $519,468

-25% -26%

Donner 2022 Q3 Statistics | January 1st - September 30th 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.
Units
Units
2022 $266,225,041 198 $1,250,000 $1,344,570 51 147 2021 $279,993,783 238 $1,100,000 $1,176,444 100 138 % Change -5% -17% 14% 14% -49% 7%
Volume
Units
2022 $18,609,200 35 $550,000 $531,691 15 20 2021
47
20 27 %
5% 2%
CONDOS
Tahoe Donner 2022 Q3 Statistics | January 1st - September 30th 0 $0$499,999 6 $500,000$749,999 45 $750,000$999,999 92 $1,000,000$1,499,999 35 $1,500,000$1,999,999 21 Over $2,000,000 100 80 60 40 20 0 199 Units Sold

Reno-Sparks-Carson

vs

SINGLE FAMILY 2022 2021 % CONDOS 2022 2021 %

Volume Units

Median Price

Average Price

Units Under $1M Units Over $1M

$2,113,382,238 2,862 $600,000 $738,428 2,443 419

$2,238,220,206 3,350 $529,900 $668,125 2,939 411

-6% -15% 13% 11% -17% 2%

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

$223,877,344 625 $345,000 $358,203 539 86

$267,766,868 832 $300,000 $321,835 746 86

-16% -25% 15% 11% -28% 0%

SINGLE FAMILY 2022 2021 % CONDOS 2022 2021 %

Volume Units

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

$699,722,655 1,229 $540,000 $569,343 1,199 30

$744,520,924 1,466 $470,000 $507,858 1,443 23

-6% -16% 15% 12% -17% 30%

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

$55,820,215 174 $305,000 $320,805 170 4

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

33% 10% 17% 20% 8% 0%

SINGLE FAMILY 2022 2021 % CONDOS 2022 2021 %

Volume Units

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

$2,813,104,893 4,091 $575,000 $687,632 3,642 449

$2,982,741,130 4,816 $502,250 $619,339 4,382 434

-6% -15% 14% 11% -17% 3%

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

$279,697,559 799 $330,000 $350,059 709 90

$309,871,469 990 $289,000 $313,001 904 86

-10% -19% 14% 12% -22% 5%

SINGLE FAMILY 2022 2021 % CONDOS 2022 2021 % Volume Units

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

$300,117,810 525 $499,000 $571,652 506 19

$299,063,744 578 $450,000 $517,411 553 25

0% -9% 11% 10% -8% -24%

SINGLE FAMILY 2022 2021 %

Volume Units

Median Price

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

$428,447,948 548 $625,000 $781,639 469 79

$441,201,759 613 $558,000 $719,741 538 75

-3% -11% 12% 9% -13% 5%

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

$28,151,547 89 $305,000 $316,309 89 0

7 $28,526,257 101 $266,000 $282,438 101 0

-1% -12% 15% 12% -12% 0%

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

2022 Q3 Statistics | January 1st - September 30th 2022
2021
RENO SPARKS RENO/SPARKS CARSON VALLEY CARSON CITY
Reno-Sparks 2022 Q3 Statistics | January 1st - September 30th 2022 vs 2021 Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 07/01/2022. MEDIAN & AVERAGE PRICE $502,250 Median 2021 $575,000 Median 2022 $619,339 Average 2021 $687,632 Average 2022 SINGLE FAMILY CONDOS $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 $289,000 Median 2021 $330,000 Median 2022 $313,001 Average 2021 $350,059 Average 2022 SALES VOLUME UNITS SOLD $2,813,104,893 2022 $2,982,741,130 2021 SINGLE FAMILY $279,697,559 2022 $309,871,469 2021 CONDOS 4,091 2022 4,816 2021 SINGLE FAMILY 799 2022 990 2021 CONDOS -10% DECREASE 12% INCREASE 14% INCREASE 14% INCREASE 11% INCREASE -19% DECREASE -15% DECREASE -6% DECREASE $3000 $2000 $1000 $500 $300 $200 $100 $0 $ IN MILLIONS 3,000 2,500 2,000 1,500 1,000 500 250 0

SINGLE FAMILY

Volume Units

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

$2,113,382,2386 2862 $600,000 $738,428 2,443 419

2021

$2,238,220,206 3,350 $529,900 $668,125 2,939 411

% Change -6% -15% 13% 11% -17% 2%

CONDOS

Volume Units

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

2022 $223,877,344 625 $345,000 $358,203 539 86

2021 $267,766,868 832 $300,000 $321,835 746 86

% Change -16% -25% 15% 11% -28% 0%

Reno 2022 Q3 Statistics | January 1st - September 30th 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.
2022
Reno 2022 Q3 Statistics | January 1st - September 30th 26 $0$299,999 180 $300,000$399,999 623 $400,000$499,999 1,185 $500,000$749,999 429 $750,000$999,999 419 Over $1,000,000 1000 850 700 550 400 200 0 2,862 Units Sold

SINGLE FAMILY

Volume Units Median Price Average Price Units Under $1M

Over $1M

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

$55,820,215

$744,520,924

$470,000 $507,858

Change

-16% 15% 12% -17% 30%

$42,104,601

$260,000 $266,484

Change 33% 10% 17% 20%

Sparks 2022 Q3 Statistics | January 1st - September 30th 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.
Units
2022 $699,722,655 1,229 $540,000 $569,343 1,199 30 2021
1,466
1,443 23
2022
174 $305,000 $320,805 170 4 2021
158
158 0 %
8% 0% CONDOS %
-6%
Sparks 2022 Q3 Statistics | January 1st - September 30th 10 $0$299,999 79 $300,000$399,999 361 $400,000$499,999 640 $500,000$749,999 105 $750,000$999,999 30 Over $1,000,000 800 600 400 200 0 1,225 Units Sold

SINGLE FAMILY

Carson

Valley 2022 Q3 Statistics | January 1st - September 30th 775.782.2777 | chaseinternational.com Information gathered from NNRMLS 07/01/2022. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2022 $428,447,948 548 $625,000 $781,639 469 79 2021 $441,201,759 613 $558,000 $719,741 538 75 % Change -3% -11% 12% 9% -13% 5%
Carson Valley 2022 Q3 Statistics | January 1st - September 30th 2 $0$299,999 23 $300,000$399,999 133 $400,000$499,999 215 $500,000$749,999 96 $750,000$999,999 150 120 90 60 30 0 79 Over$1,000,000 548 Units Sold

SINGLE FAMILY

Volume Units

Median Price Average Price

Under $1M

Over $1M

Carson

$499,000

$299,063,744

$450,000 $517,411

Change

-9%

CONDOS

Volume Units Median Price Average Price

Under $500K

Over $500K

$28,151,547

$305,000 $316,309

$28,526,257

$266,000 $282,438

-8% -24%

Change -1% -12% 15% 12% -12%

City 2022 Q3 Statistics | January 1st - September 30th 775.782.2777 | chaseinternational.com Information gathered from NNRMLS 07/01/2022.
Units
Units
2022 $300,117,810 525
$571,652 506 19 2021
578
553 25 %
0%
11% 10%
Units
Units
2022
89
89 0 2021
101
101 0 %
0%
Carson City 2022 Q3 Statistics | January 1st - September 30th 3 $0$299,999 78 $300,000$399,999 183 $400,000$499,999 173 $500,000$749,999 19 Over$1,000,000 200 150 100 50 0 525 Units Sold 69 $750,000$999,999

FAMILY

Fernley

2022 Q3 Statistics | January 1st - September 30th 775.782.2777 | chaseinternational.com Information gathered from NNRMLS 07/01/2022. Volume Units Median Price Average Price Units Under $1M Units Over $1M 2022 $165,166,678 407 $387,000 $405,814 407 0 2021 $184,528,717 518 $349,514 $356,233 518 0 % Change -10% -21% 11% 14% -21% 0% SINGLE
Fernley 2022 Q3 Statistics | January 1st - September 30th 12 $0$299,999 220 $300,000$399,999 138 $400,000$499,999 37 Over $500,000 200 150 100 50 0 407 Units Sold

COMPANY. ONE HEART. ONE PHILOSOPHY.

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

Zephyr

ONE
$2.6
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