2024 Year-End Market Stats - Lake Tahoe, Truckee, Reno, Carson Valley

2024 YEAR-END MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY

MATHEWSONRIVERESTATE.COM

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

Lake Tahoe 2024 Year-End Statistics | January 1st - December 31st

2024 vs 2023

EAST SHORE, NV

SINGLE FAMILY

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

NORTH & WEST SHORE

INCLINE & CRYSTAL BAY

SOUTH SHORE, CA

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

2024

2023

%

$199,491,099 89 $1,425,000 $2,241,473 12 77

$188,984,984 89 $1,550,000 $2,123,426 15 74

6% 0% -8% 6% -20% 4%

CONDOS

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

2024

2023

%

$84,153,943 63 $710,000 $1,335,824 15 48

$58,268,899 63 $670,000 $924,903 12 51

44% 0% 6% 44% 25% -6%

2024

2023

%

CONDOS

2024

2023

%

$407,984,320

$350,687,758

16%

Volume

$57,036,000

$34,854,828

64%

465 $689,000 $877,386 370 95

411 $700,000 $853,255 326 85

13% -2% 3% 13% 12%

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

64 $612,500 $891,188 20 44

48 $581,500 $726,142 20 28

33% 5% 23% 0% 57%

2024

2023

%

CONDOS

$575,993,500 156 $2,299,000 $3,692,266 13 143

$436,458,557 136 $2,250,000 $3,209,254 13 123

32% 15% 2% 15% 0% 16%

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

2024

2023

%

CONDOS

$427,590,739 234 $1,150,000 $1,827,310 85 149

$357,862,058 231 $1,150,000 $1,549,186 89 142

19% 1% 0% 18% -4% 5%

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

2024

2023

%

CONDOS

$1,611,059,658 944 $989,000 $1,706,631 480 464

$1,333,993,357 867 $975,000 $1,538,631 443 424

21% 9% 1% 11% 8% 9%

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

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 1/2/25.

2024

2023

%

$131,409,662 117 $915,000 $1,123,160 5 112

$136,752,211 109 $900,000 $1,254,607 1 108

-4% 7% 2% -10% 400% 4%

2024

2023

%

$77,522,375 80 $677,500 $969,029 13 67

$72,392,100 77 $670,000 $940,157 17 60

7% 4% 1% 3% -24% 12%

2024

2023

%

$350,121,980 324 $755,000 $1,080,623 53 271

$302,268,038 297 $750,000 $1,017,738 50 247

16% 9% 1% 6% 6% 10%

Lake Tahoe 2024 Year-End Statistics | January 1st - December 31st

2024 vs 2023 SALES VOLUME

UNITS SOLD 1500

$2000 21% INCREASE

9% INCREASE

$ IN MILLIONS

$1500 1000 $1000

9% INCREASE 16% INCREASE

500

$500

0

$0 $1,611,059,658 2024

$1,333,993,357 2023

SINGLE FAMILY

$350,121,980 2024

944 2024

$302,268,038 2023

324 2024

867 2023

CONDOS

SINGLE FAMILY

CONDOS

MEDIAN & AVERAGE PRICE $2

$ IN MILLIONS

11% INCREASE

$1.5

1% INCREASE

6% INCREASE

1% INCREASE

$1

$0 $989,000

$975,000

$1,706,631

$1,538,631

$755,000

$750,000

$1,080,623

$1,017,738

Median 2024

Median 2023

Average 2024

Average 2023

Median 2024

Median 2023

Average 2024

Average 2023

SINGLE FAMILY

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 1/2/25.

297 2023

CONDOS

East Shore, NV 2024 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2024

2023

% Change

Volume

$199,491,099

$188,984,984

6%

Units

89

89

0%

Median Price

$1,425,000

$1,550,000

-8%

Average Price

$2,241,473

$2,123,426

6%

Units Under $1M

12

15

-20%

Units Over $1M

77

74

4%

CONDOS

2024

2023

% Change

Volume

$84,153,943

$58,268,899

44%

Units

63

63

0%

Median Price

$710,000

$670,000

6%

Average Price

$1,335,824

$924,903

44%

Units Under $500K

15

12

25%

Units Over $500K

48

51

-6%

775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 1/2/25.

East Shore, NV 2024 Single Family Year-End Statistics | January 1st - December 31st

30

25

89 Units Sold

20

15

10

5

0

1

4

7

36

14

15

5

7

$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, CA 2024 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2024

2023

% Change

Volume

$407,984,320

$350,687,758

16%

Units

465

411

13%

Median Price

$689,000

$700,000

-2%

Average Price

$877,386

$853,255

3%

Units Under $1M

370

326

13%

Units Over $1M

95

85

12%

CONDOS

2024

2023

% Change

Volume

$57,036,000

$34,854,828

64%

Units

64

48

33%

Median Price

$612,500

$581,500

5%

Average Price

$891,188

$726,142

23%

Units Under $500K

20

20

0%

Units Over $500K

44

28

57%

530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 1/2/25.

South Shore, CA 2024 Single Family Year-End Statistics | January 1st - December 31st

200

465 Units Sold

160

120

80

40

0

65

206

99

48

22

25

$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, NV 2024 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2024

2023

% Change

Volume

$575,993,500

$436,458,557

32%

Units

156

136

15%

Median Price

$2,299,000

$2,250,000

2%

Average Price

$3,692,266

$3,209,254

15%

Units Under $1M

13

13

0%

Units Over $1M

143

123

16%

CONDOS

2024

2023

% Change

Volume

$131,409,662

$136,752,211

-4%

Units

117

109

7%

Median Price

$915,000

$900,000

2%

Average Price

$1,123,160

$1,254,607

-10%

Units Under $500K

5

1

400%

Units Over $500K

112

108

4%

775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 1/2/25.

Incline Village, NV 2024 Single Family Year-End Statistics | January 1st - December 31st

156 Units Sold

40

30

20

10

0

2

11

17

28

43

32

23

$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

West Shore, CA 2024 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2024

2023

% Change

Volume

$241,374,690

$167,929,558

44%

Units

116

119

-3%

Median Price

$1,150,000

$1,095,000

5%

Average Price

$2,080,816

$1,411,172

47%

Units Under $1M

42

50

-16%

Units Over $1M

74

69

7%

CONDOS

2024

2023

% Change

Volume

$15,874,000

$22,842,000

-31%

Units

8

11

-27%

Median Price

$1,792,500

$1,650,000

9%

Average Price

$1,984,250

$2,076,545

-4%

Units Under $500K

0

1

-100%

Units Over $500K

8

10

-20%

530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 1/2/25.

West Shore, CA 2024 Single Family Year-End Statistics | January 1st - December 31st

116 Units Sold

40

30

20

10

0

2

16

24

35

13

18

$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

8

North Shore, CA 2024 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2024

2023

% Change

Volume

$186,216,049

$189,932,500

-2%

Units

118

112

5%

Median Price

$1,152,500

$1,200,000

-4%

Average Price

$1,578,102

$1,695,825

-7%

Units Under $1M

43

39

10%

Units Over $1M

75

73

3%

CONDOS

2024

2023

% Change

Volume

$61,648,375

$49,550,100

24%

Units

72

66

9%

Median Price

$661,500

$653,500

1%

Average Price

$856,227

$750,759

14%

Units Under $500K

13

16

-19%

Units Over $500K

59

50

18%

530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 1/2/25.

North Shore, CA 2024 Single Family Year-End Statistics | January 1st - December 31st

118 Units Sold

60

40

20

0

0

10

33

46

15

10

$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

4

Truckee, CA 2024 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2024

2023

% Change

Volume

$1,046,816,714

$957,451,052

9%

Units

576

524

10%

Median Price

$1,250,000

$1,195,000

5%

Average Price

$1,817,390

$1,827,196

-1%

Units Under $1M

203

183

11%

Units Over $1M

373

341

9%

CONDOS

2024

2023

% Change

Volume

$159,744,377

$206,293,930

-23%

Units

160

202

-21%

Median Price

$744,500

$747,500

0%

Average Price

$998,402

$1,021,257

-2%

Units Under $500K

19

37

-49%

Units Over $500K

141

165

-15%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 1/2/25.

Truckee, CA 2024 Single Family Year-End Statistics | January 1st - December 31st

150

576 Units Sold

100

50

0

11

52

140

141

95

$0$449,999

$500,000$749,999

$750,000$999,999

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

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

110

27

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

Tahoe Donner, CA 2024 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2024

2023

% Change

Volume

$264,765,808

$216,627,299

22%

Units

210

181

16%

Median Price

$1,175,000

$1,115,000

5%

Average Price

$1,260,789

$1,196,835

5%

Units Under $1M

77

67

15%

Units Over $1M

133

114

17%

CONDOS

2024

2023

% Change

Volume

$14,038,000

$20,691,700

-32%

Units

25

37

-32%

Median Price

$575,000

$560,000

3%

Average Price

$561,520

$559,235

0%

Units Under $500K

8

14

-43%

Units Over $500K

17

23

-26%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 1/2/25.

Tahoe Donner, CA 2024 Single Family Year-End Statistics | January 1st - December 31st

80

210 Units Sold

60

40

20

0

0

16

61

76

42

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

Reno-Sparks-Carson 2024 Year-End Statistics | January 1st - December 31st

2024 vs 2023

RENO, NV

SINGLE FAMILY

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

SPARKS, NV

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, NV

CARSON CITY, NV

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

2024

2023

%

CONDOS

$2,407,261,453 3,048 $625,000 $789,783 2,499 549

$2,206,579,892 2,989 $580,000 $738,233 2,552 437

9% 2% 8% 7% -2% 26%

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

2024

2023

%

$823,899,361 1,456 $545,000 $565,864 1,435 21

$752,046,591 1375 $522,500 $546,942 1349 26

10% 6% 4% 3% 6% -19%

CONDOS

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

2024

2023

%

CONDOS

$3,231,160,804 4,504 $585,000 $717,398 3934 570

$2,958,626,483 4,364 $555,000 $677,962 3,901 463

9% 3% 5% 6% 1% 23%

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

2024

2023

%

CONDOS

$368,697,399 630 $530,000 $585,233 605 25

$286,506,725 514 $505,000 $557,406 499 15

29% 23% 5% 5% 21% 67%

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

2024

2023

%

$571,570,638 613 $669,400 $932,415 486 127

$479,854,357 585 $612,224 $820,263 487 98

19% 5% 9% 14% 0% 30%

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 1/2/25.

2024

2023

%

$273,754,096 718 $355,000 $381,273 613 105

$269,635,537 717 $335,000 $376,060 619 98

2% 0% 6% 1% -1% 7%

2024

2023

%

$72,969,924 213 $329,900 $342,581 205 8

$60,441,013 187 $317,000 $323,213 185 2

21% 14% 4% 6% 11% 300%

2024

2023

%

$346,724,020 931 $350,000 $372,421 818 113

$330,076,550 904 $330,000 $365,128 804 100

5% 3% 6% 2% 2% 13%

2024

2023

%

$24,878,082 76 $324,000 $327,343 76 0

$29,062,555 90 $325,000 $322,917 90 0

-14% -16% 0% 1% -16% 0%

Reno-Sparks 2024 Year-End Statistics | January 1st - December 31st

2024 vs 2023 SALES VOLUME

UNITS SOLD 6,000

$4000

3% INCREASE

9% INCREASE

$ IN MILLIONS

$3000 4,000 $2000 2,000 $1000

3% INCREASE

5% INCREASE

0

$0 $3,231,160,804 $2,958,626,483 2024 2023

$346,724,020 2024

$330,076,550 2023

931 2024

4,364 2023

904 2023

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

4,504 2024

MEDIAN & AVERAGE PRICE $700,000 6% INCREASE

$600,000 $500,000

5% INCREASE 2% INCREASE

$400,000

6% INCREASE

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

$555,000

$717,398

$677,962

$350,000

$330,000

$372,421

$365,128

Median 2024

Median 2023

Average 2024

Average 2023

Median 2024

Median 2023

Average 2024

Average 2023

SINGLE FAMILY

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2024.

CONDOS

Reno, NV 2024 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2024

2023

% Change

Volume

$2,407,261,453

$2,206,579,892

9%

Units

3,048

2,989

2%

Median Price

$625,000

$580,000

8%

Average Price

$789,783

$738,233

7%

Units Under $1M

2,499

2,552

-2%

Units Over $1M

549

437

26%

CONDOS

2024

2023

% Change

Volume

$273,754,096

$269,635,537

2%

Units

718

717

0%

Median Price

$355,000

$335,000

6%

Average Price

$381,273

$376,060

1%

Units Under $500K

613

619

-1%

Units Over $500K

105

98

0%

775.850.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 1/2/25.

Reno, NV 2024 Single Family Year-End Statistics | January 1st - December 31st

1,000

3,048 Units Sold

800

600

400

200

0

31

158

661

1,150

499

549

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over $1,000,000

Sparks, NV 2024 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2024

2023

% Change

Volume

$823,899,361

$752,046,591

10%

Units

1,456

1375

6%

Median Price

$545,000

$522,500

4%

Average Price

$565,864

$546,942

3%

Units Under $1M

1,435

1349

6%

Units Over $1M

21

26

-19%

CONDOS

2024

2023

% Change

Volume

$72,969,924

$60,441,013

21%

Units

213

187

14%

Median Price

$329,900

$317,000

4%

Average Price

$342,581

$323,213

6%

Units Under $500K

205

185

11%

Units Over $500K

8

2

300%

775.737.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 1/2/25.

Sparks, NV 2024 Single Family Year-End Statistics | January 1st - December 31st

800

1,456 Units Sold

600

400

200

0

8

90

399

817

121

21

$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, NV 2024 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2024

2023

% Change

Volume

$571,570,638

$479,854,357

19%

Units

613

585

5%

Median Price

$669,400

$612,224

9%

Average Price

$932,415

$820,263

14%

Units Under $1M

486

487

0%

Units Over $1M

127

98

30%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 1/2/25.

Carson Valley, NV 2024 Single Family Year-End Statistics | January 1st - December 31st

250

613 Units Sold

200

150

100

50

0

1

14

108

254

109

127

$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, NV 2024 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2024

2023

% Change

Volume

$368,697,399

$286,506,725

29%

Units

630

514

23%

Median Price

$530,000

$505,000

5%

Average Price

$585,233

$557,406

5%

Units Under $1M

605

499

21%

Units Over $1M

25

15

67%

CONDOS

2024

2023

% Change

Volume

$24,878,082

$29,062,555

-14%

Units

76

90

-16%

Median Price

$324,000

$325,000

0%

Average Price

$327,343

$322,917

1%

Units Under $500K

76

90

-16%

Units Over $500K

0

0

0%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 1/2/25.

Carson City, NV 2024 Single Family Year-End Statistics | January 1st - December 31st

200

630 Units Sold

150

100

50

0

11

66

164

297

67

25

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over$1,000,000

Fernley, NV 2024 Single Family Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2024

2023

% Change

Volume

$188,678,929

$184,286,454

2%

Units

466

470

-1%

Median Price

$389,740

$375,000

4%

Average Price

$404,890

$392,098

3%

Units Under $1M

465

469

-1%

Units Over $1M

1

1

0%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 1/2/25.

Fernley, NV 2024 Single Family Year-End Statistics | January 1st - December 31st

300

466 Units Sold

250

200

150

100

50

0

15

257

145

49

$0$299,999

$300,000$399,999

$400,000$499,999

Over $500,000

ONE COMPANY | ONE HEART | ONE PHILOSOPHY Chase International is one of the nation’s most successful independent real estate firms specializing in unique and distinctive luxury properties in the Tahoe/Reno/Sacramento/Vegas regions. We are proud to have sold nearly $9 billion in 4 Years and served 10,000+ families. With more than 360 highly qualified professional REALTORS® and 15 real estate locations, we are committed to our clients’ success. Chase has the most knowledgeable agents with the experience and connections to serve your needs.

THE LEADER IN LUXURY REAL ESTATE

|

CHASEINTERNATIONAL.COM

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