Truckee/Tahoe Luxury Snapshot

LUXURY SNAPSHOT A Year in Review, 2023 Tahoe/Truckee

15659 Sherwood Drive Rolling Hills Ranchos $2,250,000

DicksonLuxury.com

LUXURY SNAPSHOT Welcome to Our Luxury Home Market Report Luxury Home Sales over $1.5 Million Truckee 322

NUMBER OF SALES

19

MEDIAN SALES $

$3,296,588

MEDIAN SALES $

$2,537,263

HIGHEST SALE $

$13,000,000

HIGHEST SALE $

$6,850,000

North Shore, Lake Tahoe NUMBER OF SALES

West Shore, Lake Tahoe

45

NUMBER OF SALES

37

MEDIAN SALES $

$2,908,800

MEDIAN SALES $

$2,758,695

HIGHEST SALE $

$16,500,000

HIGHEST SALE $

$10,000,000

Sold Listings Over $1.5 Million $5,000,001– $10,000,000

11%

$10,000,001 and higher

$1,500,000– 181 Sold Listings $2,500,000 51 Average Days On Market

2%

$2,500,001– 83 Sold Listings $5,000,000 85 Average Days On Market $2,500,001– $5,000,000

$1,500,000– $2,500,000

28%

59%

$5,000,001– 35 Sold Listings $10,000,000 72 Average Days On Market $10,000,001 6 Sold Listings and higher 86 Average Days On Market

Active Listings Over $1.5 Million $10,000,001 and higher $5,000,001– $10,000,000

5%

11%

$2,500,001– $5,000,000

38%

$1,500,000– $2,500,000

46%

$1,500,000– 63 Active Listings $2,500,000 108 Average Days On Market $2,500,001– 52 Active Listings $5,000,000 169 Average Days On Market $5,000,001– 16 Active Listings $10,000,000 172 Average Days On Market $10,000,001 7 Active Listings and higher 196 Average Days On Market

Data Source: Tahoe Sierra Multiple Listing Service (TSMLS), areas 001-009,for the periods Jan. - Dec. 2022 and Jan. - Dec. 2023

NUMBER OF SALES

Ski Areas

Current Dickson Luxury Listings Active

$2,775,000

1759 Grouse Ridge

Active

20231615 Northstar

Active

$1,999,000 351 Skidder Trail

16014 Old Highway Drive

20231961 Northstar

10835 Mougle Lane

20232061

Rolling Hills Ranchos

$1,800,000

Glenshire Drive Acreage

20220005

Allison Arevalo , 775-378-8482

Pending

20240067

Donner Lake

Pending

$1,400,000

15659 Sherwood Drive

Active

Active

$1,499,500

$2,250,000

20230869

Tahoe Donner

$1,495,000

12095 Rainbow Drive

20231999

Prosser Lakeview Estates

N O R T H S TA R

MARKET SNAPSHOT

Northstar

2023

Single Family Homes - 4th Quarter 2023 vs. 4th Quarter 2022

2022

Average Price $2,511,479 $2,237,346

AVERAGE PRICE

+12.3% FROM LAST YEAR

Median Price $2,066,826 $1,988,522

Days On Market 94 50

MEDIAN PRICE

+3.9% FROM LAST YEAR

DAYS ON MARKET

+88%

FROM LAST YEAR

Units Sold 36 43

UNITS SOLD

-16%

FROM LAST YEAR

TA H O E D O N N E R MARKET SNAPSHOT

Tahoe Donner

2023

Single Family Homes - 4th Quarter 2023 vs. 4th Quarter 2022

2022

Average Price $1,871,583 $1,700,533

AVERAGE PRICE

+10.1% FROM LAST YEAR

Median Price $1,812,500 $1,550,000

Days On Market 31 28

MEDIAN PRICE

+16.9% FROM LAST YEAR

DAYS ON MARKET

+11%

FROM LAST YEAR

Units Sold 36 119

UNITS SOLD

-70%

FROM LAST YEAR

MARTIS CAMP MARKET SNAPSHOT

Martis Camp

2023

Single Family Homes - 4th Quarter 2023 vs. 4th Quarter 2022

2022

Average Price $7,851,293 $8,557,031

AVERAGE PRICE

-8.2% FROM LAST YEAR

Median Price $7,350,000 $8,137,500

Days On Market 91 44

MEDIAN PRICE

-9.7% FROM LAST YEAR

DAYS ON MARKET

+107% FROM LAST YEAR

Units Sold 29 32

UNITS SOLD

-9%

FROM LAST YEAR

L A H O N TA N

MARKET SNAPSHOT

Lahontan

2023

Single Family Homes - 4th Quarter 2023 vs. 4th Quarter 2022

2022

Average Price $4,031,365 $3,814,614

AVERAGE PRICE

+5.7% FROM LAST YEAR

Median Price $3,900,000 $3,712,500

Days On Market 102 59

MEDIAN PRICE

+5.1% FROM LAST YEAR

DAYS ON MARKET

+73%

FROM LAST YEAR

Units Sold 13 22

UNITS SOLD

-41%

FROM LAST YEAR

SCHAFFERS MILL MARKET SNAPSHOT

Schaffers Mill

2023

Single Family Homes - 4th Quarter 2023 vs. 4th Quarter 2022

2022

Average Price $2,994,501 $2,696,657

AVERAGE PRICE

+11%

FROM LAST YEAR

Median Price $2,620,000 $2,300,000

Days On Market 69 45

MEDIAN PRICE

+13.9% FROM LAST YEAR

DAYS ON MARKET

+53%

FROM LAST YEAR

Units Sold 19 19

UNITS SOLD

0%

FROM LAST YEAR

G R AY ' S C R O S S I N G MARKET SNAPSHOT

Gray's Crossing

2023

Single Family Homes - 4th Quarter 2023 vs. 4th Quarter 2022

2022

Average Price $2,679,729 $2,673,878

AVERAGE PRICE

+.2%

FROM LAST YEAR

Median Price $2,650,000 $2,700,000

Days On Market 72 18

MEDIAN PRICE

-1.9%

FROM LAST YEAR DAYS ON MARKET

+300% FROM LAST YEAR

Units Sold 23 19

UNITS SOLD

+21%

FROM LAST YEAR

O L D G R E E N WO O D MARKET SNAPSHOT

Old Greenwood

2023

Single Family Homes - 4th Quarter 2023 vs. 4th Quarter 2022

2022

Average Price $2,383,800 $1,985,517

AVERAGE PRICE

+20.1% FROM LAST YEAR

Median Price $2,800,000 $1,534,654

Days On Market 81 20

MEDIAN PRICE

+82.5% FROM LAST YEAR

DAYS ON MARKET

+305% FROM LAST YEAR

Units Sold 5 9

UNITS SOLD

-44%

FROM LAST YEAR

PA L I S A D E S TA H O E MARKET SNAPSHOT

Palisades Tahoe

2023

Single Family Homes - 4th Quarter 2023 vs. 4th Quarter 2022

2022

Average Price $2,537,263 $2,319,749

AVERAGE PRICE

+9.4% FROM LAST YEAR

Median Price $1,949,000 $2,178,750

Days On Market 68 64

MEDIAN PRICE

-10.5% FROM LAST YEAR

DAYS ON MARKET

+6%

FROM LAST YEAR

Units Sold 19 44

UNITS SOLD

-57%

FROM LAST YEAR

L A K E TA H O E NORTH SHORE MARKET SNAPSHOT

Lake Tahoe, North Shore

2023

Single Family Homes - 4th Quarter 2023 vs. 4th Quarter 2022

2022

Average Price $2,908,800 $2,466,720

AVERAGE PRICE

+17.9% FROM LAST YEAR

Median Price $1,900,000 $1,767,000

Days On Market 46 44

MEDIAN PRICE

+7.5% FROM LAST YEAR

DAYS ON MARKET

+5%

FROM LAST YEAR

Units Sold 45 63

UNITS SOLD

-29%

FROM LAST YEAR

L A K E TA H O E WEST SHORE MARKET SNAPSHOT

Lake Tahoe, West Shore

2023

Single Family Homes - 4th Quarter 2023 vs. 4th Quarter 2022

2022

Average Price $2,758,695 $3,314,540

AVERAGE PRICE

-16.8% FROM LAST YEAR

Median Price $2,200,000 $1,870,000

Days On Market 45 51

MEDIAN PRICE

+17.6% FROM LAST YEAR

DAYS ON MARKET

-12%

FROM LAST YEAR

Units Sold 37 49

UNITS SOLD

-24%

FROM LAST YEAR

Where You Need Us - When You Need Us 12 Office Locations - Over 300 Expert REALTORS®

D Portola Sparks D

Somersett D

Downtown Reno D Caughlin Ranch D D Damonte Ranch Montrêux D

Truckee D

D Northstar D Incline Village Carson City D LAKE TAHOE

N

Gardnerville D

11836 Donner Pass Road, Truckee 100 Northstar Drive, Truckee 289 Commercial Street, Portola

the power of

connection DicksonRealty.com

Downtown Reno 775-324-7000

Caughlin Ranch 775-746-7000

Carson City 775-882-6300

Gardnerville 775-882-6300

Damonte Ranch 775-850-7000 Incline Village 775-831-6600

Somersett 775-746-7222 Truckee 530-587-7444

Montrêux 775-849-9444 Portola 530-832-1700

Sparks 775-685-8800 Northstar 530-562-1140

Like us on Facebook | Follow us on Instagram | Follow us on LinkedIn

info@dicksonrealty.com | CA Lic#: 01417710

© 2023 Dickson Realty. All rights reserved. Although the information above is deemed reliable, Dickson Realty does not guarantee its accuracy. Some rights reserved.