2020 Q1 MARKET STATS LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON VALLEY | CARSON CITY
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Lake Tahoe 2020 Q1 Statistics | January 1st - March 31st
2020 vs 2019 EAST SHORE
SINGLE FAMILY
Volume Units Median Price Average Price Units Under $1M Units Over $1M
N. AND W. SHORE
INCLINE VILLAGE
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
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
2020 $29,713,000 24 $995,000 $1,238,041 14 10
2019 $41,813,850 33 $900,000 $1,267,086 18 15
2020
2019
% -29% -27% 11% -2% -22% -33%
CONDOS
Volume Units Median Price Average Price Units Under $500K Units Over $500K
%
CONDOS
$54,320,995
$63,284,265
-14%
Volume
97 $440,000 $560,010 92 5
100 $549,500 $632,843 93 7
-3% -20% -12% -1% -29%
Units Median Price Average Price Units Under $500K Units Over $500K
2020 $54,341,440 36 $1,175,000 $1,509,484 14 22
2019 $62,053,457 36 $1,395,000 $1,723,707 11 25
2020 $53,679,500 49 $670,000 $1,095,500 39 10
2019 $72,028,962 40 $645,000 $1,800,724 32 8
2020 $192,054,935 206 $645,000 $932,306 159 47
2019 $239,180,534 209 $663,000 $1,144,404 154 55
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.
% -12% 0% -16% -12% 27% -12%
% -25% 23% 4% -39% 22% 25%
% -20% -1% -3% -19% 3% -15%
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
2020 $8,888,000 17 $465,000 $522,823 10 7
2020
2019 $7,137,250 18 $420,250 $396,513 14 4
2019
% 25% -6% 11% 32% -29% 75%
%
$13,570,900
$7,019,850
93%
29 $352,000 $467,962 18 11
18 $318,000 $389,992 14 4
61% 11% 20% 29% 175%
2020 $29,562,800 39 $492,000 $758,021 20 19
2020 $10,183,000 20 $382,000 $509,150 15 5
2020 $62,204,700 105 $435,000 $592,426 63 42
2019 $19,727,200 35 $492,000 $563,634 18 17
2019 $6,488,000 17 $340,000 $381,647 15 2
2019 $40,372,300 88 $410,000 $458,776 61 27
% 50% 11% 0% 34% 11% 12%
% 57% 18% 12% 33% 0% 150%
% 54% 19% 6% 29% 3% 56%
Lake Tahoe 2020 Q1 Statistics | January 1st - March 31st
2020 vs 2019 SALES VOLUME
UNITS SOLD 250
$200
200
-20% DECREASE
150
-1% DECREASE
150 $ IN MILLIONS
100
19% INCREASE
54% INCREASE
100 50
50
$0
0 $192,054,935 2020
$239,180,534 2019
$62,204,700 2020
$40,372,300 2019
105 2020
209 2019
88 2019
CONDOS
SINGLE FAMILY
CONDOS
SINGLE FAMILY
206 2020
MEDIAN & AVERAGE PRICE
-19% DECREASE
$1,000,000
$800,000
-3% DECREASE 29% INCREASE
$600,000
6% INCREASE
$400,000
$200,000
$0 $645,000
$663,000
$932,306
$1,144,404
$435,000
$410,000
$592,426
$458,776
Median 2020
Median 2019
Average 2020
Average 2019
Median 2020
Median 2019
Average 2020
Average 2019
SINGLE FAMILY
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.
CONDOS
East Shore 2020 Q1 Statistics | January 1st - March 31st
SINGLE FAMILY
2020
2019
% Change
Volume
$29,713,000
$41,813,850
-29%
Units
24
33
-27%
Median Price
$995,000
$900,000
11%
Average Price
$1,238,041
$1,267,086
-2%
Units Under $1M
14
18
-22%
Units Over $1M
10
15
-33%
CONDOS
2020
2019
% Change
Volume
$8,888,000
$7,137,250
25%
Units
17
18
-6%
Median Price
$465,000
$420,250
11%
Average Price
$522,823
$396,513
32%
Units Under $500K
10
14
-29%
Units Over $500K
7
4
75%
775.588.6130 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.
East Shore 2020 Q1 Statistics | January 1st - March 31st
10
24 Units Sold
8
6
4
2
0
0
4
10
6
3
0
0
1
$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 2020 Q1 Statistics | January 1st - March 31st
SINGLE FAMILY
2020
2019
% Change
Volume
$54,320,995
$63,284,265
-14%
Units
97
100
-3%
Median Price
$440,000
$549,500
-20%
Average Price
$560,010
$632,843
-12%
Units Under $1M
92
93
-1%
Units Over $1M
5
7
-29%
CONDOS
2020
2019
% Change
Volume
$13,570,900
$7,019,850
93%
Units
29
18
61%
Median Price
$352,000
$318,000
11%
Average Price
$467,962
$389,992
20%
Units Under $500K
18
14
29%
Units Over $500K
11
4
175%
530.544.2121 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.
South Shore 2020 Q1 Statistics | January 1st - March 31st
60
97 Units Sold
50
40
30
20
0
58
24
10
4
0
1
$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 2020 Q1 Statistics | January 1st - March 31st
SINGLE FAMILY
2020
2019
% Change
Volume
$54,341,440
$62,053,457
-12%
Units
36
36
0%
Median Price
$1,175,000
$1,395,000
-16%
Average Price
$1,509,484
$1,723,707
-12%
Units Under $1M
14
11
27%
Units Over $1M
22
25
-12%
CONDOS
2020
2019
% Change
Volume
$29,562,800
$19,727,200
50%
Units
39
35
11%
Median Price
$492,000
$492,000
0%
Average Price
$758,021
$563,634
34%
Units Under $500K
20
18
11%
Units Over $500K
19
775.831.7300 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.
17
12%
Incline Village 2020 Q1 Statistics | January 1st - March 31st
10
36 Units Sold
8
6
4
2
0 *Includes PUD’s
5
9
10
8
1
2
1
$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 2020 Q1 Statistics | January 1st - March 31st
SINGLE FAMILY
2020
2019
% Change
Volume
$53,679,500
$72,028,962
-25%
Units
49
40
23%
Median Price
$670,000
$645,000
4%
Average Price
$1,095,500
$1,800,724
-39%
Units Under $1M
39
32
22%
Units Over $1M
10
8
25%
CONDOS
2020
2019
% Change
Volume
$10,183,000
$6,488,000
57%
Units
20
17
18%
Median Price
$382,000
$340,000
12%
Average Price
$509,150
$381,647
33%
Units Under $500K
15
15
0%
Units Over $500K
5
2
150%
530.581.0722 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.
North & West Shore 2020 Q1 Statistics | January 1st - March 31st
15
49 Units Sold
10
5
0
14
14
11
4
1
3
$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
2
Truckee 2020 Q1 Statistics | January 1st - March 31st
SINGLE FAMILY
2020
2019
% Change
Volume
$149,236,277
$150,684,265
-1%
Units
126
115
10%
Median Price
$737,500
$770,000
-4%
Average Price
$1,184,414
$1,310,297
-10%
Units Under $1M
86
80
8%
Units Over $1M
40
35
14%
CONDOS
2020
2019
% Change
Volume
$32,949,392
$33,550,000
-2%
Units
50
53
-6%
Median Price
$493,946
$452,500
9%
Average Price
$658,987
$633,018
4%
Units Under $500K
26
31
-16%
Units Over $500K
24
22
9%
530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.
Truckee 2020 Q1 Statistics | January 1st - March 31st
50
126 Units Sold
40
30
20
0
15
50
21
16
8
$0$449,999
$500,000$749,999
$750,000$999,999
$1,000,000$1,499,999
$1,500,000$1,999,999
14
2
$2,000,000Over $4,999,999 $5,000,000
Tahoe Donner 2020 Q1 Statistics | January 1st - March 31st
SINGLE FAMILY
2020
2019
% Change
Volume
$33,670,775
$31,496,080
7%
Units
47
40
18%
Median Price
$650,000
$742,290
-12%
Average Price
$716,399
$787,402
-9%
Units Under $1M
41
34
21%
Units Over $1M
6
6
0%
CONDOS
2020
2019
% Change
Volume
$2,538,000
$4,562,000
-44%
Units
7
12
-42%
Median Price
$382,000
$394,500
-3%
Average Price
$362,571
$380,166
-5%
Units Under $500K
7
12
-42%
Units Over $500K
0
0
0%
530.550.2464 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.
Tahoe Donner 2020 Q1 Statistics | January 1st - March 31st
25
47 Units Sold
20
15
10
5
0
7
24
10
5
1
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 2020 Q1 Statistics | January 1st - March 31st
2020 vs 2019
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
2020 $460,282,402 922 $420,000 $499,221 878 44
2019 $359,567,378 774 $385,000 $464,557 741 33
2020 $163,286,034 411 $375,000 $397,289 410 1
2019 $135,461,962 373 $349,900 $363,168 373 0
2020 $623,568,436 1,333 $401,000 $467,793 1,288 45
2019 $495,029,340 1,147 $368,000 $431,586 1,114 33
2020 $49,848,818 127 $360,000 $392,510 127 0
2019 $45,037,778 119 $330,000 $378,468 118 1
2020 $96,602,342 185 $459,000 $522,174 174 11
2019 $74,595,864 154 $421,500 $484,388 148 6
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.
% 28% 19% 9% 7% 18% 33%
% 21% 10% 7% 9% 10% 0%
% 26% 16% 9% 8% 16% 36%
% 11% 7% 9% 4% 8% -100%
% 30% 20% 9% 8% 18% 83%
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
2020 $51,715,975 200 $255,500 $258,579 197 3
2019 $46,985,190 199 $235,000 $236,106 196 3
2020 $10,750,681 47 $225,000 $228,737 47 0
2019 $10,163,070 50 $190,000 $203,261 50 0
2020 $62,466,656 247 $246,000 $252,901 244 3
2019 $57,148,260 249 $215,600 $229,511 246 3
2020 $9,690,172 26 $199,950 $372,698 25 1
2019 $4,906,518 21 $240,000 $233,643 21 0
% 10% 1% 9% 10% 1% 0%
% 6% -6% 18% 13% -6% 0%
% 9% -1% 14% 10% -1% 0%
% 97% 24% -17% 60% 19% 0%
Reno-Sparks 2020 Q1 Statistics | January 1st - March 31st
2020 vs 2019 SALES VOLUME
$ IN MILLIONS
$700
UNITS SOLD
26% INCREASE
1,400
$600
1,200
$500
1,000
$400
800
$300
600
$200
400
$100
9% INCREASE
16% INCREASE
-1% DECREASE
200
$0
0 $623,568,436 2020
$495,029,340 2019
$62,466,656 2020
$57,148,260 2019
247 2020
1,147 2019
249 2019
CONDOS
SINGLE FAMILY
CONDOS
SINGLE FAMILY
1,333 2020
MEDIAN & AVERAGE PRICE $450,000
9% INCREASE
$400,000 8% INCREASE
$350,000 $300,000
10% INCREASE 14% INCREASE
$250,000 $200,000 $150,000 $100,000 $50,000 $0 $401,000
$368,000
$467,793
$431,586
$246,000
$215,600
$252,901
$229,511
Median 2020
Median 2019
Average 2020
Average 2019
Median 2020
Median 2019
Average 2020
Average 2019
SINGLE FAMILY
Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.
CONDOS
Reno 2020 Q1 Statistics | January 1st - March 31st
SINGLE FAMILY
2020
2019
% Change
Volume
$460,282,402
$359,567,378
28%
Units
922
774
19%
Median Price
$420,000
$385,000
9%
Average Price
$499,221
$464,557
7%
Units Under $1M
878
741
18%
Units Over $1M
44
33
33%
CONDOS
2020
2019
% Change
Volume
$51,715,975
$46,985,190
10%
Units
200
199
1%
Median Price
$255,500
$235,000
9%
Average Price
$258,579
$236,106
10%
Units Under $500K
197
196
1%
Units Over $500K
3
3
0%
775.737.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.
Reno 2020 Q1 Statistics | January 1st - March 31st
300
250
920 Units Sold
200
150
100
50
0
106
289
228
206
47
44
$0$299,999
$300,000$399,999
$400,000$499,999
$500,000$749,999
$750,000$999,999
Over $1,000,000
Sparks 2020 Q1 Statistics | January 1st - March 31st
SINGLE FAMILY
2020
2019
% Change
Volume
$163,286,034
$135,461,962
21%
Units
411
373
10%
Median Price
$375,000
$349,900
7%
Average Price
$397,289
$363,168
9%
Units Under $1M
410
373
10%
Units Over $1M
1
0
100%
CONDOS
2020
2019
% Change
Volume
$10,750,681
$10,163,070
6%
Units
47
50
-6%
Median Price
$225,000
$190,000
18%
Average Price
$228,737
$203,261
13%
Units Under $500K
47
50
-6%
Units Over $500K
0
0
0%
775.850.5900 | chaseinternational.com Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada, NNRMLS and South Lake Tahoe Board of Realtors MLS 04/03/2020.
Sparks 2020 Q1 Statistics | January 1st - March 31st
200
411 Units Sold
150
100
50
0
55
194
113
44
4
1
$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 2020 Q1 Statistics | January 1st - March 31st
SINGLE FAMILY
2020
2019
% Change
Volume
$49,848,818
$45,037,778
11%
Units
127
119
7%
Median Price
$360,000
$330,000
9%
Average Price
$392,510
$378,468
4%
Units Under $1M
127
118
8%
Units Over $1M
0
1
-100%
CONDOS
2020
2019
% Change
Volume
$9,690,172
$4,906,518
97%
Units
26
21
24%
Median Price
$199,950
$240,000
-17%
Average Price
$372,698
$233,643
60%
Units Under $500K
25
21
19%
Units Over $500K
1
0
100%
775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/03/2020.
Carson City 2020 Q1 Statistics | January 1st - March 31st
50
127 Units Sold
40
30
20
0
31
51
19
25
1
0
$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 2020 Q1 Statistics | January 1st - March 31st
SINGLE FAMILY
2020
2019
% Change
Volume
$96,602,342
$74,595,864
30%
Units
185
154
20%
Median Price
$459,000
$421,500
9%
Average Price
$522,174
$484,388
8%
Units Under $500K
174
148
18%
Units Over $500K
11
6
83%
775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/03/2020.
Carson Valley 2020 Q1 Statistics | January 1st - March 31st
60
185 Units Sold
50
40
30
20
0
16
57
36
52
13
11
$0$299,999
$300,000$399,999
$400,000$499,999
$500,000$749,999
$750,000$999,999
Over$1,000,000
Fernley 2020 Q1 Statistics | January 1st - March 31st
SINGLE FAMILY
2020
2019
% Change
Volume
$37,089,165
$31,776,327
17%
Units
126
116
9%
Median Price
$275,250
$260,250
6%
Average Price
$294,358
$273,933
7%
Units Under $1M
126
116
9%
Units Over $1M
0
0
0%
775.782.2777 | chaseinternational.com Information gathered from NNRMLS 04/03/2020.
Fernley 2020 Q1 Statistics | January 1st - March 31st
80
126 Units Sold
60
40
20
0
79
39
6
2
$0$299,999
$300,000$399,999
$400,000$499,999
Over $500,000
“
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