Chase International 2019 Year-End Market Stats

2019 YEAR-END MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY

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

Lake Tahoe 2019 Year-End Statistic January 1st - December 31st

INCLINE VILLAGE

2019 vs 2018 SINGLE FAMILY

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

EAST SHORE

SINGLE FAMILY

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

N. AND W. SHORE

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

LAKE TOTALS

SINGLE FAMILY

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

2019 $407,089,338 223 $1,295,000 $1,825,000 72 151

2018 $435,330,359 246 $1,272,000 $1,769,636 86 160

2019 $179,638,075 136 $934,250 $1,320,868 76 60

2018 $201,889,750 128 $815,000 $1,577,263 78 50

2019 $389,376,182 625 $480,000 $623,002 570 54

2018 $344,413,487 620 $466,500 $555,506 583 37

2019 $351,443,798 310 $726,987 $1,137,358 237 73

2018 $473,374,297 333 $685,000 $1,421,409 244 89

2019 $1,327,547,393 1,294 $660,000 $1,025,469 955 338

2018 $1,455,007,893 1,327 $655,000 $1,096,430 991 336

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/03/2020.

% -6% -9% 2% 3% -16% -6%

% -11% 6% 15% -16% -3% 20%

% 13% 1% 3% 12% -2% 46%

% -26% -7% 6% -20% -3% -18%

% -9% -2% 1% -6% -4% 1%

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

CONDOS

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

2019 $111,670,088 167 $560,000 $668,306 74 93

2019 $45,011,270 85 $444,000 $529,544 56 29

2019 $43,487,685 99 $349,000 $439,720 65 34

2019 51,466,590 97 $400,000 $530,583 73 24

2019 $251,635,633 448 $444,500 $561,546 268 180

2018 $117,673,786 190 $545,000 $619,336 78 112

2018 $49,459,620 100 $437,000 $494,596 66 341

2018 $55,620,926 116 $365,000 $479,491 84 32

2018 $64,903,110 103 $409,000 $630,127 68 35

2018 $287,657,442 509 $450,000 $565,156 296 213

% -5% -12% 3% 8% -5% -17%

% -9% -15% 2% 7% -15% -15%

% -22% -15% -4% -8% -23% 6%

% -21% -6% -2% -16% 7% -31%

% -13% -12% -1% -1% -9% -15%

Lake Tahoe 2019 Year-End Statistic January 1st - December 31st

2019 vs 2018

$ IN MILLIONS

$ IN BILLIONS

SALES VOLUME

UNITS SOLD

$1.4

1,400

$1.2

1,200

$1

-9% DECREASE

1,000

$800

800

$600

600

$400

-13% DECREASE

-2% DECREASE -12% DECREASE

400

$200

200

$0

0 $1,327,547,393 2019

$1,451,349,936 2018

$251,635,633 2019

$286,694,442 2018

448 2019

1,327 2018

509 2018

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

1294 2019

MEDIAN & AVERAGE PRICE

-6% DECREASE

$1,000,000

$800,000

1% INCREASE -1% DECREASE

$600,000

-1% DECREASE

$400,000

$200,000

$0 $660,000

$655,000

$1,025,469

$1,096,430

$444,500

$450,000

$561,546

$565,156

Median 2019

Median 2018

Average 2019

Average 2018

Median 2019

Median 2018

Average 2019

Average 2018

SINGLE FAMILY

CONDOS

East Shore 2019 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$179,638,075

$201,889,750

-11%

Units

136

Median Price

$934,250

$815,000

15%

Average Price

$1,320,868

$1,577,263

-16%

Units Under $1M

76

78

-3%

Units Over $1M

60

50

20%

CONDOS

2019

2018

% Change

Volume

$45,011,270

$49,459,620

-9%

Units

85

100

-15%

Median Price

$444,000

$437,000

2%

Average Price

$529,544

$494,596

7%

Units Under $500

56

66

-15%

Units Over $500

29

34

-15%

128

6%

775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/02/2020.

East Shore 2019 Year-End Statistics | January 1st - December 31st

40

137 Units Sold

30

20

10

0

14

38

25

27

8

16

5

4

$0-

$500,000-

$750,000-

$1,000,000-

$1,500,000-

$2,000,000-

$3,000,000-

Over

$499,999

$749,999

$999,999

$1,499,999

$1,999,999

$2,999,999

$4,999,999

$5,000,000

South Shore 2019 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$389,376,182

$344,413,487

13%

Units

625

620

1%

Median Price

$480,000

$466,500

3%

Average Price

$623,002

$555,506

12%

Units Under $1M

570

583

-2%

Units Over $1M

54

37

46%

CONDOS

2019

2018

% Change

Volume

$43,487,685

$55,620,926

-22%

Units

99

116

-15%

Median Price

$349,000

$365,000

-4%

Average Price

$439,720

$479,491

-8%

Units Under $500

65

84

-23%

Units Over $500

34

32

6%

530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/02/2020.

South Shore 2019 Year-End Statistics | January 1st - December 31st

400

626 Units Sold

300

200

100

0

336

181

55

34

7

13

$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 2019 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$407,089,338

$435,330,359

-6%

Units

223

246

-9%

Median Price

$1,295,000

$1,272,000

2%

Average Price

$1,825,000

$1,769,636

3%

Units Under $1M

72

86

-16%

Units Over $1M

151

160

-6%

CONDOS

2019

2018

% Change

Volume

$111,670,088

$117,673,786

-5%

Units

167

190

-12%

Median Price

$560,000

$545,000

3%

Average Price

$668,306

$619,336

8%

Units Under $500

74

78

-5%

Units Over $500

93

775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/02/2020.

112

-17%

Incline Village 2019 Year-End Statistics | January 1st - December 31st

70

223 Units Sold

53

35

18

0 *Includes PUD’s

34

38

67

34

27

16

7

$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

North & West Shore 2019 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$351,443,798

$473,374,297

-26%

Units

310

333

-7%

Median Price

$726,987

$685,000

6%

Average Price

$1,137,358

$1,421,409

-20%

Units Under $1M

237

244

-3%

Units Over $1M

73

89

-18%

CONDOS

2019

2018

% Change

Volume

$51,466,590

$64,903,110

-21%

Units

97

103

-6%

Median Price

$400,000

$409,000

-2%

Average Price

$530,583

$630,127

-16%

Units Under $500

73

68

7%

Units Over $500

24

35

-31%

530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/02/2020.

North & West Shore 2019 Year-End Statistics | January 1st - December 31st

160

310 Units Sold

120

80

40

0

43

123

71

35

19

13

$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 2019 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$816,424,965

$867,392,016

-6%

Units

730

750

-3%

Median Price

$749,500

$733,000

2%

Average Price

$1,121,462

$1,156,522

-3%

Units Under $1M

508

530

-4%

Units Over $1M

222

220

1%

CONDOS

2019

2018

% Change

Volume

$146,009,509

$132,647,484

10%

Units

258

226

14%

Median Price

$443,500

$459,100

-3%

Average Price

$565,928

$586,935

-4%

Units Under $500

165

134

23%

Units Over $500

93

92

1%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/02/2020.

Truckee 2019 Year-End Statistics | January 1st - December 31st

300

730 Units Sold

225

150

75

0

103

264

141

93

64

$0$449,999

$500,000$749,999

$750,000$999,999

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

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

48

17

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

Tahoe Donner 2019 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$214,782,174

$213,748,633

0%

Units

271

277

-2%

Median Price

$720,000

$719,000

0%

Average Price

$792,554

$771,655

3%

Units Under $1M

226

228

-1%

Units Over $1M

45

49

-8%

CONDOS

2019

2018

% Change

Volume

$24,524,259

$18,445,800

33%

Units

66

56

18%

Median Price

$394,000

$362,450

9%

Average Price

$371,579

$329,389

13%

Units Under $500

65

55

18%

Units Over $500

1

1

0%

530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/02/2020.

Tahoe Donner 2019 Year-End Statistics | January 1st - December 31st

125

271 Units Sold

100

75

50

25

0

23

126

77

35

10

0

$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 2019 Year-End Statistic January 1st - December 31st

2019 vs 2018

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

2019 $2,146,411,856 4,367 $408,000 $491,507 4,143 224

2018 $1,999,386,391 4,173 $393,500 $479,124 3,956 217

2019 $727,794,764 1,880 $365,000 $387,124 1,877 3

2019 $257,733,664 668 $349,000 $385,828 664 4

%

2018

%

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/02/2020.

% 8% 1% 3% 6% 1% 5%

CONDOS

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

15% 9% 7% 5% 9% 33%

2018 $380,775,023 809 $418,000 $470,673 787 22

CONDOS

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

8% 4% 4% 3% 4% 4%

$224,724,291 612 $327,500 $367,196 609 3

2019 $409,767,122 820 $430,000 $499,716 797 23

%

8% 4% 3% 4% 3% 50%

2018 $2,672,257,784 5,989 $375,000 $446,194 5,770 219

CONDOS

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

7% 5% 4% 3% 5% 3%

2018 $672,871,393 1,816 $353,500 $370,523 1,814 2

2019 $2,874,321,620 6,248 $390,000 $460,038 6,021 227

%

CONDOS

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

2019 $248,622,229 1,020 $238,750 $243,747 997 23

2018 $193,020,478 855 $212,000 $225,754 838 17

2019 $49,549,474 237 $200,000 $209,069 237 0

2019

2019

% 22% 14% 13% 7% 14% 35%

2018 $20,480,654 110 $185,750 $186,187 110 0

% -3% -4% 5% 2% -4% 0%

2018 $243,869,277 1,103 $200,000 $221,096 1,086 17

$25,452,331 111 $220,000 $229,300 111 0

29% 19% 13% 8% 19% 35%

2018 $50,848,799 248 $190,750 $205,035 248 0

$298,171,703 1,257 $225,000 $237,208 1,234 23

%

% 24% 1% 18% 23% 1% 0%

Reno-Sparks 2019 Year-End Statistic January 1st - December 31st

2019 vs 2018 SALES VOLUME

UNITS SOLD

$ IN BILLIONS

$2.8

7,000

$2.4

6,000 8% INCREASE

5,000

$1.6

4,000

$1.2

3,000

$ IN MILLIONS

$2

$800

4% INCREASE

2,000

14% INCREASE

22% INCREASE

$400

1,000

$0

0 $2,874,321,620 $2,672,257,784 2019 2018

$298,171,703 2019

$243,869,277 2018

1,257 2019

5,989 2018

1,103 2018

CONDOS

SINGLE FAMILY

CONDOS

SINGLE FAMILY

6,248 2019

MEDIAN & AVERAGE PRICE $450,000 4% INCREASE

$400,000 $350,000 $300,000 3% INCREASE 13% INCREASE

$250,000

7% INCREASE

$200,000 $150,000 $100,000 $50,000 $0 $390,000

$375,000

$460,038

$446,194

$225,000

$200,000

$237,208

$221,096

Median 2019

Median 2018

Average 2019

Average 2018

Median 2019

Median 2018

Average 2019

Average 2018

SINGLE FAMILY

CONDOS

Reno 2019 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$2,146,411,856

$1,999,386,391

7%

Units

4,367

4,173

5%

Median Price

$408,000

$393,500

4%

Average Price

$491,507

$479,124

3%

Units Under $1M

4,143

3,956

5%

Units Over $1M

224

217

3%

CONDOS

2019

2018

% Change

Volume

$248,622,229

$193,020,478

29%

Units

1,020

855

19%

Median Price

$238,750

$212,000

13%

Average Price

$243,747

$225,754

8%

Units Under $500

997

838

19%

Units Over $500

23

17

35%

775.850.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 01/02/2020.

Reno 2019 Year-End Statistics | January 1st - December 31st

1400

1200

4,370 Units Sold

1000

800

600

400

200

0

706

1391

968

834

247

224

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over $1,000,000

Sparks 2019 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$727,794,764

$672,871,393

8%

Units

1,880

1,816

4%

Median Price

$365,000

$353,500

3%

Average Price

$387,124

$370,523

4%

Units Under $1M

1,877

1,814

3%

Units Over $1M

3

2

50%

CONDOS

2019

2018

% Change

Volume

$49,549,474

$50,848,799

-3%

Units

237

248

-4%

Median Price

$200,000

$190,750

5%

Average Price

$209,069

$205,035

2%

Units Under $500

237

248

-4%

Units Over $500

0

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 01/02/2020.

Sparks 2019 Year-End Statistics | January 1st - December 31st

900

1,880 Units Sold

675

450

225

0

356

858

441

193

29

3

$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 2019 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$257,733,664

$224,724,291

15%

Units

668

612

9%

Median Price

$349,000

$327,500

7%

Average Price

$385,828

$367,196

5%

Units Under $1M

664

609

9%

Units Over $1M

4

3

33%

CONDOS

2019

2018

% Change

Volume

$25,452,331

$20,480,654

24%

Units

111

110

1%

Median Price

$220,000

$185,750

18%

Average Price

$229,300

$186,187

23%

Units Under $500K

111

110

1%

Units Over $500K

0

0

0%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 01/03/2020.

Carson City 2019 Year-End Statistics | January 1st - December 31st

250

668 Units Sold

200

150

100

50

0

178

273

112

89

12

4

$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 2019 Year-End Statistics | January 1st - December 31st

SINGLE FAMILY

2019

2018

% Change

Volume

$409,767,122

$380,775,023

8%

Units

820

809

1%

Median Price

$430,000

$418,000

3%

Average Price

$499,716

$470,673

6%

Units Under $500

797

787

1%

Units Over $500

23

22

5%

775.782.2777 | chaseinternational.com Information gathered from NNRMLS 01/03/2020.

Carson Valley 2019 Year-End Statistics | January 1st - December 31st

400

820 Units Sold

300

200

100

0

96

259

173

192

77

23

$0$299,999

$300,000$399,999

$400,000$499,999

$500,000$749,999

$750,000$999,999

Over$1,000,000

“

We empower people to think in terms of unlimited possibilities, make magical life decisions and bring peace and harmony into their lives. This is our secret power.

Put the Chase Power of Success to work for you.

Shari Chase President CIPS , CRS, CLHMS

ONE COMPANY.

ONE HEART. ONE PHILOSOPHY.

OVER $1.4 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 and Las Vegas regions. With more than 350 compassionate and determined REALTORS® in 11 locations, we are committed to our client success. We have more qualified luxury professionals and top lakefront specialists with the experience and connections to serve all your needs.

We empower people to achieve unlimited possibilities, make magical life decisions, and bring peace and harmony into their lives. This is our secret power. Put the Chase Power of Success to work for you.

THE LEADER IN LUXURY REAL ESTATE

|

CHASEINTERNATIONAL.COM

Zephyr Cove | Glenbrook | Incline Village | South Lake Tahoe | Tahoe City | Truckee Reno | Sparks | Carson Valley | Henderson | London

Georgia Chase RealtorÂŽ, CLHMS NV S.0171898 gchase@chaseinternational.com 775 636 3085 Cell 775 749 5663 Office

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