Oliver Luxury 2019 Q3 Market Report Reno

2375 KINNEY LANE LISTED BY DAPHINE MACLEAN

2019 Q3 Reno Market Report 65 FOOTHILL RD. #2, RENO, NV

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OLIVERLUX.COM

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775.236.1500

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Reno Neighborhoods

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1 West Southwest 9

Reno International Airport

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Caughlin Ranch, Juniper Hills, Juniper Ridge, W. Mayberry

2 Old Southwest

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Old Southwest, California, Newlands, Midtown

3 Southwest Lakeridge, Skyline, Bartley Ranch, Chardonnay, Evans Creek, East Ridge

4 Old South Suburban Lakeside, Holcomb, Windy Hill

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5 South Meadows Double Diamond, Damonte Ranch, Curti Ranch

6 South Suburban ArrowCreek, Fieldcreek, Wolf Run, Saddlehorn

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7 Southwest Suburban Montreux, Galena Forest, St. James Village

Mt. Rose Highway

8 Northwest / Sommersett 9 Hidden Valley

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EXCEPTIONAL PROPERTIES. EXTRAORDINARY LIVING. Oliver Luxury Real Estate is a boutique real estate firm specializing in luxury properties. We connect extraordinary people with some of the finest homes in the world by using our extensive knowledge, powerful global affiliate network, and sincere approach to give them the insider treatment they deserve.

OLIVERLUX.COM

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West Southwest: Single Family Caughlin Ranch, Juniper Hills, Juniper Ridge, W. Mayberry

RENO

Q3 2018

Q3 2019

Median Price

$625,000

$625,000

Average Sold Price

$836,826

$736,987

Average Days on Market

97

110

Highest Sold Price

$2,250,000

$2,089,000

Lowest Sold Price

$430,000

$350,000

% Sold Price to Average List Price

99%

98.88%

Total Dollar Volume Sold

$22,594,321

$27,268,529

Total Properties Sold

27

37

OLIVERLUX.COM 775.236.1500

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Old Southwest: Single Family Old Southwest, California, Newlands, Midtown

RENO

Q3 2018

Q3 2019

Median Price

$465,000

$494,000

Average Sold Price

$495,872

$513,948

Average Days on Market

66

77

Highest Sold Price

$1,100,000

$920,000

Lowest Sold Price

$265,000

$259,000

% Sold Price to Average List Price

98%

98.73%

Total Dollar Volume Sold

$23,306,000

$27,239,290

Total Properties Sold

47

53

OLIVERLUX.COM 775.236.1500

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Southwest: Single Family Lakeridge, Skyline, Bartley Ranch, Chardonnay, Evans Creek, East Ridge

RENO

Q3 2018

Q3 2019

Median Price

$585,000

$540,000

Average Sold Price

$628,863

$566,620

Average Days on Market

91

77

Highest Sold Price

$1,500,000

$1,300,000

Lowest Sold Price

$300,000

$242,900

% Sold Price to Average List Price

98%

97.45%

Total Dollar Volume Sold

$45,907,070

$45,896,242

Total Properties Sold

73

81

OLIVERLUX.COM 775.236.1500

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Old South Suburban: Single Family Lakeside, Holcomb, Windy Hill

RENO

Q3 2018

Q3 2019

Median Price

$455,000

$555,250

Average Sold Price

$695,402

$904,843

Average Days on Market

99

76

Highest Sold Price

$2,500,000

$3,000,000

Lowest Sold Price

$240,000

$290,000

% Sold Price to Average List Price

94%

90.45%

Total Dollar Volume Sold

$16,689,650

$14,477,500

Total Properties Sold

24

16

OLIVERLUX.COM 775.236.1500

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South Meadows: Single Family Double Diamond, Damonte Ranch, Curti Ranch

RENO

Q3 2018

Q3 2019

Median Price

$447,750

$465,750

Average Sold Price

$473,831

$488,921

Average Days on Market

67

90

Highest Sold Price

$1,050,000

$1,050,000

Lowest Sold Price

$322,000

$320,000

% Sold Price to Average List Price

99%

98.43%

Total Dollar Volume Sold

$75,812,966

$96,806,459

Total Properties Sold

160

198

OLIVERLUX.COM 775.236.1500

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South Suburban: Single Family ArrowCreek, Fieldcreek, Wolf Run, Saddlehorn

RENO

Q3 2018

Q3 2019

Median Price

$810,000

$810,000

Average Sold Price

$907,619

$930,203

Average Days on Market

85

94

Highest Sold Price

$2,900,000

$2,245,000

Lowest Sold Price

$435,000

$425,000

% Sold Price to Average List Price

98%

98.82%

Total Dollar Volume Sold

$60,810,474

$56,742,418

Total Properties Sold

67

61

OLIVERLUX.COM 775.236.1500

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Southwest Suburban: Single Family Montreux, Galena Forest, St. James Village

RENO

Q3 2018

Q3 2019

Median Price

$975,000

$1,207,500

Average Sold Price

$1,460,010

$1,257,211

Average Days on Market

130

218

Highest Sold Price

$4,900,000

$2,981,250

Lowest Sold Price

$275,000

$412,500

% Sold Price to Average List Price

97%

97.48%

Total Dollar Volume Sold

$45,260,339

$42,745,179

Total Properties Sold

31

34

OLIVERLUX.COM 775.236.1500

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Northwest / Sommersett: Single Family

RENO

Q3 2018

Q3 2019

Median Price

$534,855

$479,000

Average Sold Price

$540,576

$522,722

Average Days on Market

74

87

Highest Sold Price

$924,000

$990,000

Lowest Sold Price

$335,000

$316,000

% Sold Price to Average List Price

99%

98.04%

Total Dollar Volume Sold

$33,515,746

$48,090,485

Total Properties Sold

62

92

OLIVERLUX.COM 775.236.1500

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Verdi: Single Family

RENO

Q3 2018

Q3 2019

Median Price

$399,900

$503,997

Average Sold Price

$467,793

$624,594

Average Days on Market

5

102

Highest Sold Price

$675,000

$2,300,000

Lowest Sold Price

$300,000

$435,500

% Sold Price to Average List Price

99%

97.85%

Total Dollar Volume Sold

$2,338,966

$18,737,846

Total Properties Sold

5

30

OLIVERLUX.COM 775.236.1500

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Hidden Valley: Single Family

RENO

Q3 2018

Q3 2019

Median Price

$400,000

$487,000

Average Sold Price

$442,365

$493,222

Average Days on Market

67

86

Highest Sold Price

$685,000

$750,000

Lowest Sold Price

$317,500

$248,000

% Sold Price to Average List Price

99%

98.08%

Total Dollar Volume Sold

$10,174,400

$17,756,000

Total Properties Sold

23

36

OLIVERLUX.COM 775.236.1500

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65 FOOTHILL ROAD #2, RENO, NV

|

OLIVERLUX.COM

|

775.236.1500

14

65 FOOTHILL ROAD #2, RENO, NV

|

OLIVERLUX.COM

|

775.236.1500

INCLINE VILLAGE | TAHOE CITY | HOMEWOOD | ZEPHYR COVE | TRUCKEE | RENO

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