2022 Tahoe Reno Q3 Market Stats

Page 1

2022 Q3 MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY

PENNINGTON MANSION

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


Lake Tahoe 2022 Q3 Statistics | January 1st - September 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

$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%

CONDOS

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

2022

2021

$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%

2022

2021

%

CONDOS

2022

2021

$430,231,878

$490,709,782

-12%

Volume

$41,263,413

$46,368,950

-11%

467 $720,000 $921,267 353 114

557 $725,000 $880,987 422 135

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

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

67 $500,000 $615,872 33 34

84 $425,000 $552,011 54 30

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

2022

2021

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

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

2022

2021

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

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

2022

2021

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

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

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

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

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

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

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

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

2022

2021

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

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

2022

2021

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

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

%

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

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

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


Lake Tahoe 2022 Q3 Statistics | January 1st - September 30th

2022 vs 2021 SALES VOLUME

UNITS SOLD 1500

2000

1200

1500

900 $ IN MILLIONS

1000

-34% DECREASE

-27% DECREASE -17% DECREASE

500

-17% DECREASE

600

300

$0

0 $1,266,793,041 2022

$1,908,687,513 2021

SINGLE FAMILY

$275,922,313 2022

834 2022

$332,235,885 2021

288 2022

1,147 2021

CONDOS

SINGLE FAMILY

CONDOS

MEDIAN & AVERAGE PRICE

$9

$ IN MILLIONS

-2% DECREASE

$6 12% INCREASE -5% DECREASE

$3 9% INCREASE

$0 $930,000

$975,000

$8,296,277

$8,438,076

$760,000

$700,000

$3,712,454

$3,312,711

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.

386 2021

CONDOS


East Shore 2022 Q3 Statistics | January 1st - September 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$182,269,000

$339,713,500

-46%

Units

70

131

-47%

Median Price

$1,532,000

$1,495,000

2%

Average Price

$2,603,842

$2,593,232

0%

Units Under $1M

13

28

-54%

Units Over $1M

57

103

-45%

CONDOS

2022

2021

% Change

Volume

$70,688,000

$75,350,655

-6%

Units

72

84

-14%

Median Price

$687,500

$694,500

-1%

Average Price

$981,777

$897,031

9%

Units Under $500K

20

10

100%

Units Over $500K

52

64

-19%

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 Q3 Statistics | January 1st - September 30th

20

70 Units Sold

16

12

8

4

0

1

2

10

19

14

12

6

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 Q3 Statistics | January 1st - September 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$430,231,878

$490,709,782

-12%

Units

467

557

-16%

Median Price

$720,000

$725,000

-1%

Average Price

$921,267

$880,987

5%

Units Under $1M

353

422

-16%

Units Over $1M

114

135

-16%

CONDOS

2022

2021

% Change

Volume

$41,263,413

$46,368,950

-11%

Units

67

84

-20%

Median Price

$500,000

$425,000

18%

Average Price

$615,872

$552,011

12%

Units Under $500K

33

54

-39%

Units Over $500K

34

30

13%

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 Q3 Statistics | January 1st - September 30th

200

467 Units Sold

160

120

80

40

0

51

196

106

68

25

21

$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 Q3 Statistics | January 1st - September 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$361,547,888

$574,109,003

-37%

Units

114

183

-38%

Median Price

$2,520,000

$2,000,000

26%

Average Price

$3,171,473

$3,137,208

1%

Units Under $1M

11

23

-52%

Units Over $1M

103

160

-36%

CONDOS

2022

2021

% Change

Volume

$122,883,050

$159,890,087

-23%

Units

106

159

-33%

Median Price

$994,000

$785,000

27%

Average Price

$1,159,274

$1,005,598

15%

Units Under $500K

6

17

-65%

Units Over $500K

100

142

-30%

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 Q3 Statistics | January 1st - September 30th

35

111 Units Sold

28

21

14

7

0

1

9

9

20

34

24

14

$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 Q3 Statistics | January 1st - September 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$292,744,275

$504,155,228

-42%

Units

183

276

-34%

Median Price

$1,100,000

$1,134,000

-3%

Average Price

$1,599,695

$1,826,649

-12%

Units Under $1M

74

117

-37%

Units Over $1M

109

159

-31%

CONDOS

2022

2021

% Change

Volume

$41,087,850

$50,626,193

-19%

Units

43

59

-27%

Median Price

$760,000

$650,000

17%

Average Price

$955,531

$858,071

11%

Units Under $500K

13

14

-7%

Units Over $500K

30

45

-33%

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 Q3 Statistics | January 1st - September 30th

60

183 Units Sold 40

20

0

1

27

46

51

27

25

$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

6


Truckee 2022 Q3 Statistics | January 1st - September 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$1,024,312,539

$1,149,889,020

-11%

Units

533

657

-19%

Median Price

$1,265,000

$1,200,000

5%

Average Price

$1,921,787

$1,752,879

10%

Units Under $1M

161

266

-39%

Units Over $1M

372

391

-5%

CONDOS

2022

2021

% Change

Volume

$149,886,275

$235,379,475

-36%

Units

163

294

-45%

Median Price

$735,000

$643,000

14%

Average Price

$919,547

$800,610

15%

Units Under $500K

33

85

-61%

Units Over $500K

130

209

-38%

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

150

533 Units Sold

100

50

0

7

41

113

160

73

$0$449,999

$500,000$749,999

$750,000$999,999

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

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

108

31

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


Tahoe Donner 2022 Q3 Statistics | January 1st - September 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$266,225,041

$279,993,783

-5%

Units

198

238

-17%

Median Price

$1,250,000

$1,100,000

14%

Average Price

$1,344,570

$1,176,444

14%

Units Under $1M

51

100

-49%

Units Over $1M

147

138

7%

CONDOS

2022

2021

% Change

Volume

$18,609,200

$24,415,000

-24%

Units

35

47

-26%

Median Price

$550,000

$525,000

5%

Average Price

$531,691

$519,468

2%

Units Under $500K

15

20

-25%

Units Over $500K

20

27

-26%

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 Q3 Statistics | January 1st - September 30th

100

199 Units Sold

80

60

40

20

0

0

6

45

92

35

21

$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 Q3 Statistics | January 1st - September 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 $2,113,382,238 2,862 $600,000 $738,428 2,443 419

2021 $2,238,220,206 3,350 $529,900 $668,125 2,939 411

2022 $699,722,655 1,229 $540,000 $569,343 1,199 30

2021 $744,520,924 1,466 $470,000 $507,858 1,443 23

2022 $2,813,104,893 4,091 $575,000 $687,632 3,642 449

2021 $2,982,741,130 4,816 $502,250 $619,339 4,382 434

2022 $300,117,810 525 $499,000 $571,652 506 19

2021 $299,063,744 578 $450,000 $517,411 553 25

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

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

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

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

2022

2021

%

$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%

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

2022 $55,820,215 174 $305,000 $320,805 170 4

2022 $279,697,559 799 $330,000 $350,059 709 90

2022 $28,151,547 89 $305,000 $316,309 89 0

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

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

2021 $309,871,469 990 $289,000 $313,001 904 86

2021 7 $28,526,257 101 $266,000 $282,438 101 0

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

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

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

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


Reno-Sparks 2022 Q3 Statistics | January 1st - September 30th

2022 vs 2021 SALES VOLUME

UNITS SOLD

$3000

3,000

$2000

2,500

$1000

-6% DECREASE

2,000

$500

1,500

$300

1,000

$ IN MILLIONS

-15% DECREASE -10% DECREASE

$200

500

$100

250

$0

-19% DECREASE

0 $2,813,104,893 $2,982,741,130 2022 2021

$279,697,559 2022

$309,871,469 2021

799 2022

4,816 2021

990 2021

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

4,091 2022

MEDIAN & AVERAGE PRICE $1,000,000 $900,000 $800,000 $700,000

11% INCREASE 14% INCREASE

$600,000 $500,000 12% INCREASE

$400,000

14% INCREASE

$300,000 $200,000 $100,000 $0 $575,000

$502,250

$687,632

$619,339

$330,000

$289,000

$350,059

$313,001

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 Q3 Statistics | January 1st - September 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$2,113,382,2386

$2,238,220,206

-6%

Units

2862

3,350

-15%

Median Price

$600,000

$529,900

13%

Average Price

$738,428

$668,125

11%

Units Under $1M

2,443

2,939

-17%

Units Over $1M

419

411

2%

CONDOS

2022

2021

% Change

Volume

$223,877,344

$267,766,868

-16%

Units

625

832

-25%

Median Price

$345,000

$300,000

15%

Average Price

$358,203

$321,835

11%

Units Under $500K

539

746

-28%

Units Over $500K

86

86

0%

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 Q3 Statistics | January 1st - September 30th

1000

850

2,862 Units Sold

700

550

400

200

0

26

180

623

1,185

429

419

$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 Q3 Statistics | January 1st - September 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$699,722,655

$744,520,924

-6%

Units

1,229

1,466

-16%

Median Price

$540,000

$470,000

15%

Average Price

$569,343

$507,858

12%

Units Under $1M

1,199

1,443

-17%

Units Over $1M

30

23

30%

CONDOS

2022

2021

% Change

Volume

$55,820,215

$42,104,601

33%

Units

174

158

10%

Median Price

$305,000

$260,000

17%

Average Price

$320,805

$266,484

20%

Units Under $500K

170

158

8%

Units Over $500K

4

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 Q3 Statistics | January 1st - September 30th

800

1,225 Units Sold

600

400

200

0

10

79

361

640

105

30

$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 Q3 Statistics | January 1st - September 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$428,447,948

$441,201,759

-3%

Units

548

613

-11%

Median Price

$625,000

$558,000

12%

Average Price

$781,639

$719,741

9%

Units Under $1M

469

538

-13%

Units Over $1M

79

75

5%

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


Carson Valley 2022 Q3 Statistics | January 1st - September 30th

150

548 Units Sold

120

90

60

30

0

2

23

133

215

96

79

$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 Q3 Statistics | January 1st - September 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$300,117,810

$299,063,744

0%

Units

525

578

-9%

Median Price

$499,000

$450,000

11%

Average Price

$571,652

$517,411

10%

Units Under $1M

506

553

-8%

Units Over $1M

19

25

-24%

CONDOS

2022

2021

% Change

Volume

$28,151,547

$28,526,257

-1%

Units

89

101

-12%

Median Price

$305,000

$266,000

15%

Average Price

$316,309

$282,438

12%

Units Under $500K

89

101

-12%

Units Over $500K

0

0

0%

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


Carson City 2022 Q3 Statistics | January 1st - September 30th

200

525 Units Sold

150

100

50

0

3

78

183

173

69

19

$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 Q3 Statistics | January 1st - September 30th

SINGLE FAMILY

2022

2021

% Change

Volume

$165,166,678

$184,528,717

-10%

Units

407

518

-21%

Median Price

$387,000

$349,514

11%

Average Price

$405,814

$356,233

14%

Units Under $1M

407

518

-21%

Units Over $1M

0

0

0%

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


Fernley 2022 Q3 Statistics | January 1st - September 30th

200

407 Units Sold

150

100

50

0

12

220

138

37

$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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