3rd Quarter 2019 Real Estate Market Reports

reno tahoe carson q3 real estate market reports

Reno & Sparks

The Reno-Sparks real estate market saw a modest increase in single-family home sales during the first three quarters of 2019. Sales volume increased 4%, while Sparks increased 3%.

Meanwhile, the Reno condo market witnessed a whopping 32% increase in sales volume, as Sparks increased by 25%.

Carson City & Carson Valley

The sales volume for single-family in Carson City homes was up a robust 10% in the first nine months of the year, while condo sales volume rose an impressive 31%.

Carson Valley single-family home sales continue to chug along, with volume up 5% in the first three quarters of the year.

Lake Tahoe & Truckee

In contrast, the overall sales volume for both single-family homes and condos in the communities around Lake Tahoe declined 14% during the same time period.

Truckee saw single-family home sales volume go down by 8%, as condo sales volume increased 13%.

Overall it’s a mixed bag, with the Lake Tahoe areas experiencing general market softening as the valleys stay strong.

See our full Q3 real estate market reports for details:

Chase International Real Estate Market Report Q3 2019 

Questions about your local market? Please reach out to one our local experts.

Headquartered in Lake Tahoe, Nevada since 1986, Chase International is a dynamic real estate firm with a heart-centered approach, committed to the success of its clients, sales associates, staff and community. With more than 350 professional Realtors® representing homes at all price points, the company is proud to be the market leader, achieving the highest 2018 volume in the region with nearly $1.4 billion in sales. The company currently operates nine offices in Reno-Tahoe—Zephyr Cove, Glenbrook, Incline Village, Carson Valley, South Lake Tahoe, Tahoe City, Truckee, Reno, and Sparks, as well as a marketing and PR firm in London. With powerful international connections in place, Chase listings receive maximum industry exposure to potential purchasers worldwide. 

 

Posted on October 8, 2019 at 12:54 am
Chase International Client Care | Category: Buyers, Carson Valley Real Estate, Lake Tahoe Real Estate, Reno Real Estate, South Lake Tahoe Real Estate | Tagged , , , , , , , , ,

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