Incline Village Real Estate | Q3 Market Report 2022 by insideincline

MARKET REPORT Q3 MARKET REPORT 2022 INCLINE VILLAGE WWW.REMAXGOLD.COM

$3,295,000 MEDIAN SALES PRICE 91 AVERAGE DAYS ON MARKET $120,560,022 TOTAL VOLUME SOLD 2 UNITS UNDER 1M 38 TOTAL UNITS SOLD (SINGLE FAMILY HOMES) 94.6% % LIST TO SALE 100 UNITS OVER 1M INCLINE VILLAGE REAL ESTATE Q3 OVERALL MARKET BREAKDOWN

MARKET AREAS

MARKET REPORT | JAN. - SEPT. 2022 MEDIAN SALES PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $25,370,954 $23,734,119 607 $32,500,000 $7,300,000 5 95% $118,670,594 $11,400,000 $11,400,000 276 $11,400,000 $11,400,000 1 88% $11,400,000 -55% -52% -55% -65% 56% -80% -8% -90% JANUARY - SEPTEMBER 2021 2022 % CHANGE MEDIAN SALES PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $2,975,000 $3,194,444 71 $7,100,000 $1,800,000 9 96% $28,750,000 $3,087,500 $3,144,167 54 $3,690,000 $2,700,000 6 95% $18,865,000 4% -2% -24% -48% 50% -33% -1% -34% JANUARY - SEPTEMBER 2021 2022 % CHANGELAKEFRONT CONDOMINIUMS AVERAGE SOLD PRICE -2% LAKEFRONT SINGLE FAMILY HOME AVERAGE SOLD PRICE -52%

MARKET REPORT | JAN. - SEPT. 2022 LIVE LOCALLY. SELL LOCALLY. MEDIAN SALES PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $2,000,000 $2,558,643 71 $14,350,000 $550,000 178 99% $455,438,409 $2,500,000 $3,098,654 87 $17,500,000 $650,000 113 97% $350,147,888 25% 21% 23% 22% 18% -37% -2% -23% JANUARY - SEPTEMBER 2021 2022 % CHANGE NON-LAKEFRONT SINGLE FAMILY HOME AVERAGE SOLD PRICE +21% MEDIAN SALES PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $765,500 $874,267 60 $2,625,000 $360,000 150 101% $131,140,087 $950,000 $1,042,258 76 $2,950,000 $360,000 101 99% $105,268,050 24% 19% 27% 12% 0% -33% -2% -20% JANUARY - SEPTEMBER 2021 2022 % CHANGE NON-LAKEFRONT CONDOMINIUMS AVERAGE SOLD PRICE +19% WWW.REMAXGOLD.COM

MEDIAN SALES

SALES

MARKET REPORT | JAN. - SEPT. 2022

PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $5,543,855 $5,698,671 118 $11,500,000 $2,650,000 10 96% $56,986,709 $3,050,000 $3,946,052 152 $7,497,366 $2,607,000 7 97% $27,622,366 -45% -31% 29% -35% -2% -30% 1% -52% JANUARY - SEPTEMBER 2021 2022 % CHANGE MEDIAN

PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $2,600,000 $4,000,667 67 $14,350,000 $1,400,000 15 98% $60,010,000 $2,850,000 $3,950,727 63 $6,900,000 $2,000,000 11 95% $43,458,000 10% -1% -6% -52% 43% -27% -3% -28% JANUARY - SEPTEMBER 2021 2022 % CHANGEMILL CREEK ALL PROPERTIES AVERAGE SOLD PRICE -1% LAKEVIEW ALL PROPERTIES AVERAGE SOLD PRICE -31%

SALES

MARKET REPORT | JAN. - SEPT. 2022 LIVE LOCALLY. SELL LOCALLY. MEDIAN

PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $2,362,500 $2,482,321 74 $5,200,000 $1,155,000 14 98% $34,752,500 $3,000,000 $4,057,143 130 $11,500,000 $1,800,000 7 93% $28,400,000 27% 63% 76% 121% 56% -50% -5% -18% JANUARY - SEPTEMBER 2021 2022 % CHANGE PONDEROSA ALL PROPERTIES AVERAGE SOLD PRICE +63% MEDIAN SALES PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $2,250,000 $10,636,766 354 $31,500,000 $1,090,000 6 99% $63,820,594 $5,000,000 $3,866,667 36 $5,900,000 $700,000 3 99% $11,600,000 122% -64% -90% -81% -36% -50% 0% -82% JANUARY - SEPTEMBER 2021 2022 % CHANGE CRYSTAL BAY ALL PROPERTIES AVERAGE SOLD PRICE -64% WWW.REMAXGOLD.COM

MEDIAN SALES PRICE

PRICE

MEDIAN SALES

MARKET REPORT | JAN. - SEPT. 2022

AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD

TO AVG LIST PRICE TOTAL DOLLAR VOLUME $2,050,000 $2,307,500 66 $5,725,000 $878,000 25 100% $57,687,500 $2,775,000 $2,936,000 98 $5,975,000 $1,350,000 10 95% $29,360,000 35% 27% 48% 4% 54% -60% -4% -49% JANUARY - SEPTEMBER 2021 2022 % CHANGE

PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $1,899,750 $2,061,500 59 $4,000,000 $1,080,000 8 104% $16,492,000 $2,375,000 $3,105,500 50 $8,625,000 $1,200,000 11 98% $31,055,000 25% 51% -15% 116% 11% 38% -5% 88% JANUARY - SEPTEMBER 2021 2022 % CHANGEUPPER TYNER ALL PROPERTIES AVERAGE SOLD PRICE +51% LOWER TYNER ALL PROPERTIES AVERAGE SOLD PRICE +27%

SALES

MARKET REPORT | JAN. - SEPT. 2022 LIVE LOCALLY. SELL LOCALLY. MEDIAN

PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $1,600,000 $2,316,412 80 $11,500,000 $1,100,000 17 99% $39,379,000 $1,875,000 $2,070,400 67 $3,500,000 $1,350,000 10 98% $20,704,000 17% -11% -16% -70% 23% -41% -1% -47% JANUARY - SEPTEMBER 2021 2022 % CHANGE JENNIFER ALL PROPERTIES AVERAGE SOLD PRICE -11% MEDIAN

PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $1,945,500 $1,855,250 46 $2,650,000 $880,000 4 98% $7,421,000 $1,937,500 $1,937,500 116 $2,450,000 $1,425,000 2 99% $3,875,000 0% 4% 152% -8% 62% -50% 2% -48% JANUARY - SEPTEMBER 2021 2022 % CHANGE APOLLO ALL PROPERTIES AVERAGE SOLD PRICE +4% WWW.REMAXGOLD.COM

MARKET REPORT | JAN. - SEPT. 2022 MEDIAN SALES PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $1,547,500 $1,522,500 51 $1,795,000 $1,200,000 4 97% $6,090,000 $2,385,000 $2,961,667 34 $4,400,000 $2,100,000 3 98% $8,885,000 54% 95% -33% 145% 75% -25% 1% 46% JANUARY - SEPTEMBER 2021 2022 % CHANGE MEDIAN SALES PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $1,920,000 $2,249,762 58 $5,985,000 $550,000 21 99% $47,245,000 $1,641,011 $1,762,073 86 $4,500,000 $750,000 14 98% $24,669,022 -15% -22% 48% -25% 36% -33% -1% -48% JANUARY - SEPTEMBER 2021 2022 % CHANGETHE WOODS ALL PROPERTIES AVERAGE SOLD PRICE -22% CENTRAL NORTH & SOUTH ALL PROPERTIES AVERAGE SOLD PRICE +95%

SALES

MARKET REPORT | JAN. - SEPT. 2022 LIVE LOCALLY. SELL LOCALLY. MEDIAN

PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $1,075,000 $1,866,210 67 $4,100,000 $675,000 20 99% $37,324,200 $1,337,500 $1,799,050 84 $3,450,000 $792,500 10 94% $17,900,500 24% -4% 25% -16% 17% -50% -5% -52% JANUARY - SEPTEMBER 2021 2022 % CHANGE CHAMPIONSHIP GOLF COURSE ALL PROPERTIES AVERAGE SOLD PRICE -4% MEDIAN SALES PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $1,475,000 $1,687,179 60 $3,300,000 $567,500 14 100% $23,620,500 $2,875,000 $2,817,143 131 $3,300,000 $2,400,000 7 97% $19,720,000 95% 67% 118% 0% 323% -50% -3% -17% JANUARY - SEPTEMBER 2021 2022 % CHANGE MOUNTAIN GOLF COURSE ALL PROPERTIES AVERAGE SOLD PRICE +67% WWW.REMAXGOLD.COM

MARKET REPORT | JAN. - SEPT. 2022 MEDIAN SALES PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $1,071,500 $1,213,000 57 $2,100,000 $755,000 8 105% $9,704,000 $1,337,500 $1,481,250 78 $2,600,000 $650,000 4 92% $5,925,000 25% 22% 37% 24% -14% -50% -12% -39% JANUARY - SEPTEMBER 2021 2022 % CHANGE MEDIAN SALES PRICE AVERAGE SOLD PRICE AVERAGE DAYS ON MARKET HIGHEST SOLD PRICE LOWEST SOLD PRICE PROPERTIES SOLD % SOLD PRICE TO AVG LIST PRICE TOTAL DOLLAR VOLUME $2,188,000 $4,094,714 157 $10,000,000 $1,500,000 7 99% $28,663,000 $3,565,000 $5,383,400 97 $17,500,000 $1,634,000 10 101% $53,834,000 63% 31% -38% 75% 9% 43% 2% 88% JANUARY - SEPTEMBER 2021 2022 % CHANGE EASTERN SLOPE ALL PROPERTIES AVERAGE SOLD PRICE +86% SKI WAY ALL PROPERTIES AVERAGE SOLD PRICE +22%

MARKET REPORT | JAN. - SEPT. 2022 LIVE LOCALLY. SELL LOCALLY. 2018 2019 2020 2021 2022 193 170 250 183 114 WWW.REMAXGOLD.COM MEDIAN PRICE PROPERTIES SOLD $1,240,000 193 $1,300,000 170 $1,425,000 250 JANUARY - SEPTEMBER 2018 2019 2020 2021 2022 $2,000,000 183 $2,520,000 114 MEDIAN PRICE JAN - SEPT PROPERTIES SOLD JAN - SEPT INCLINE VILLAGE & CRYSTAL BAY | 5 YEAR COMPARISON 2018 2019 2020 2021 2022 $1,240,000 $1,300,000 $1,425,000 $2,000,000 $2,520,000

ABOUT INCLINE VILLAGE

Incline Village, located on the North Shore of Lake Tahoe, is a unique area boasting spectacular homes, exceptional amenities available to residents, and Nevada tax benefits.

The Incline Village General Improvement District, commonly referred to as IVGID, is a quasi-public agency and a fiscally responsible community partner which provides superior utility services and community-oriented recreation programs and facilities. As an Incline Village resident, you have access to two private gorgeous sandy beaches with park facilities, a state-of-the-art recreation center that includes an olympic-sized swimming pool, basketball courts, tennis courts, pickle ball, a pro-shop, and a cafe. Group fitness classes are offered year-round.

There are two distinct Robert Trent Jones Jr. designed golf courses including the award-winning Championship Golf Course. In the winter, ski Diamond Peak Ski Resort, in your back yard. Or, enjoy the nearby Mt. Rose - Ski Tahoe, Northstar California, Squaw Valley, Alpine Meadows, or Homewood Mountain Resort, all within 15 - 40 minutes drive.

We have a plethora of small mom and pop shops and resturants in town and plenty of local ac tivities to keep you busy all year!

We have three public schools: Incline Elementary, Incline Middle and Incline High School. Incline is also home to Nevada’s only four-year private university, Sierra Nevada University ( Go Eagles!) and the North Shore’s only private K-8th School, Lake Taheo School. Go Bobcats!

Nevada tax benefits include no personal income tax, no corporate income tax, no gross receipts tax, no franchise tax, no inventory tax, no tax on issuance of corporate shares, no requirements of shareholders & directors to live in Nevada, no tax on sale or transfer of shares, no succession or inheritance with IRS, no sharing of information with IRS, and low property taxes.

MARKET REPORT | JAN. - SEPT. 2022

ABOUT OUR TEAM

The Inside Incline Team has been working and playing in the Lake Tahoe region for 15 years, and thus, is recognized collectively as a go-to resource for its local expertise, cooperation with colleagues, and ability to get the most complicated deals across the finish line. Founding members Don Kanare and Sabrina Belleci have built a team of hard-working, industry-savvy agents and staff to help them deliver an exceptional level of service to their buyers and sellers, and those referred to them. With the ability to cover every mile of shoreline around Lake Tahoe, there is no market need they are unable to address. All team members leverage the latest in web technologies to market listings and serve clients yet remain dedicated to time-honored networking and local connections as effective sources of business.

RE/MAX FRANCHISE IN THE WORLD #1 INDEPENDENTLY OWNED RESIDENTIAL REAL ESTATE COM#1 NEARLY 200,000 CLOSED TRANSACTIONS, INCLUDES OVER 16,5000 FAMILIES SERVED IN 2019 107 OFFICES | 31 COUNTIES | 280 + AGENTS MARKET REPORT | JAN. - SEPT. 2022 LIVE LOCALLY. SELL LOCALLY.

* Each Of fi ce Inde p endent ly Owned and O p eratedServing California and Nevada. OFFICE: 775-831-2420 WWW.REMAXGOLD.COM @ INSIDEINCLINE 923 Tahoe Blvd. 101 | Incline Village, NV 89451 NV B.1001929 LTD | CalDre#01215931