Reno-Tahoe-Carson 2019 Year-End Real Estate Market Reports

 

2019 YEAR-END

REAL ESTATE MARKET STATS

LAKE TAHOE | TRUCKEE | RENO | SPARKS | CARSON

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Overall, the 2019 regional real estate market in Reno, Sparks, Carson, Truckee and Lake Tahoe was a mixed bag—with the valleys showing strong increases as communities around the lake softened.

Reno & Sparks Housing Market

The Reno-Sparks real estate market saw a nice increase in single-family home sales for 2019. Sales volume for Reno increased by 7%, while Sparks increased by 8%. The median price for Reno-Sparks homes came in at $390,000, an increase of 4%. 227 homes priced over $1 million sold in 2019, an increase of 4%. Meanwhile, the Reno condo market witnessed a whopping 29% increase in sales volume, as Sparks condo sales decreased by 3%. The median price for condos in both cities was $225,000, an increase of 13%. 23 condos sold for over $1 million in 2019, an increase of 35%.

Carson City & Carson Valley Housing Market

The sales volume for single-family homes in Carson City was up a robust 15% in 2019, with a median price of $349,000, an increase of 7%. Three homes sold for over $1 million, a 33% increase. Carson City condo sales volume rose an impressive 24%, with the median price coming in at $220,000 for 2019, an increase of 18%.

Carson Valley home sales were also strong, with volume up 8% for the year. The median price was $430,000, up 3% from the prior year. 23 homes sold for over $1 million, an increase of 5%.

Lake Tahoe & Truckee Housing Market

In contrast, the overall sales volume for single-family homes in the communities around Lake Tahoe declined 9% in 2019. Condo sales volume declined by 13%. The median price for homes in the Lake Tahoe Basin came in at $660,000 for the year, up 1% from 2018, while the median price for a condo was $444,500, down 1 % in 2019. 338 homes sold for over $1 million, an increase of 1%, while 180 condos sold for over $1 million, a decrease of 15%.

Sales volume for single-family homes in Truckee went down by 6%, while condo sales volume increased by 10% in 2019. The median price of a home in Truckee came in at $749,500 for 2019, an increase of 2% over the prior year. Meanwhile, the median price of a condo was $443,500, down 3% compared to 2018.

Median Home Prices

Lake Tahoe

$660,000

Reno-Sparks

$380,000

Carson Valley

$430,000

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. 

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Posted on January 8, 2020 at 9:51 pm
Chase International Client Care | Posted in Buyers, Carson Valley Real Estate, Lake Tahoe Real Estate, Market Reports, Reno Real Estate, Sellers, South Lake Tahoe Real Estate, Sparks Real Estate, Truckee Real Estate | Tagged , , , , , , , ,

Some Spaces Defy Words—The Aerie is One of Them

Walk with us through this magnificent, modern, multi-million dollar luxury home for sale in beautiful Caughlin Ranch. Unlike anything else you’ve ever seen in Reno, NV, revel in this resplendent residence and feel the magic within. Ready? Let’s go!
40 Pronghorn The Aerie Soaring Lines Reno NV
Reaching for the sky like an eagle’s wing, this modern architectural marvel beckons from its regal perch.
40 Pronghorn The Aerie Wilderness Edge Reno NV
Collinear and curvaceous, with amaranthine city and mountain views, the edifice stands sentry on the wilderness edge.
40 Pronghorn The Aerie Artsy Entrance Reno NV
Stepping through the front door feels like entering a gallery in Midtown Manhattan.
 40 Pronghorn The Aerie Gallery Entrance Reno NV
Voluminous spaces, light and bright, provide the perfect backdrop for your curated collection of fine art.
40 Pronghorn The Aerie Great Room Reno NV
Upstairs, the great room dazzles with a majestic fireplace, walls of glass and views across forever.
40 Pronghorn The Aerie Guest Master Ceiling Detail Reno NV
Glulams deadmanned into the mountain behind, the aura is experiential, a sanctuary to inspire your best creative work.
40 Pronghorn The Aerie Cantilevered Deck Reno NV
The cantilevered deck entices—shaded, calm, protected from the wind, it’s a sublime spot for summer sunsets, cozied up next to the fire.
40 Pronghorn The Aerie Gourmet Kitchen Reno NV
A sleek and sophisticated entertainer’s kitchen awaits your culinary creativity, bespoke cabinets topped by Carrera marble providing a visual continuity that defines simplicity.
40 Pronghorn The Aerie Butlers Pantry Reno NV
Behind the kitchen you’ll find a generous butler’s pantry every caterer will adore.
40 Pronghorn The Aerie Den Reno NV
Nearby is the media room, an intimate space offering complete environmental control, where you can crank up the volume without disturbing another soul.
40 Pronghorn The Aerie Guest Bedroom Reno NV
Down the east wing, you’ll find a loo with a view and a comfortable guest suite overlooking the city panorama.
40 Pronghorn The Aerie Spa Bath Reno NV
Down the west wing, you’ll find the modern main master with an immense closet, a spacious spa bath, steam shower, private deck and serene mountain views.
40 Pronghorn The Aerie Guest Master Reno NV
Take the elevator upstairs to see the swanky second master, alighted atop the living room space with commanding mountain views.
40 Pronghorn The Aerie Office Reno NV
A quiet office anchors the home, with captivating garden views that insist you take breaks to meander the wildscape beyond.
40 Pronghorn The Aerie Conference Room Reno NV
Moving into the east wing, you’ll find a generous rumpus room currently used as a home office large enough for board meetings.
40 Pronghorn The Aerie Yoga Studio Reno NV

Further down the hall, you’ll find a charming bedroom suite and another larger bedroom suite currently used as a tranquil yoga studio.

40 Pronghorn The Aerie Private Patio Reno NV
Every bedroom features direct access to private patios and pathways drifting through the naturalized gardens.
40 Pronghorn The Aerie Aspen Trail Reno NV
Handmade switchback trails wend through rabbit and deer-resistant native plantings, a harmonious blending of re-wilded landscape.
40 Pronghorn The Aerie Salvias Reno NV
Grab a bucket of champagne, head up the mountain and stop to smell the salvias.
40 Pronghorn The Aerie Garden View Reno NV

Continue up the aspen trail to an intimate gathering spot at the top for commanding views on the edge of the wilderness.

40 Pronghorn The Aerie Bees in Garden Reno NV
Birds of prey, herds of deer and glorious sunsets are customary visitors, along with bobcats, bees and bugs galore.
40 Pronghorn The Aerie Workout Room Reno NV
Wandering back into the house, down to the ground level, you’ll find garage parking for three, a workout room, mechanical room and workbench for projects.
40 Pronghorn The Aerie Feng Shui Reno NV
And then there’s that curious curing room, a cylindrical space tucked into the mountain with radiant heated floors, drains and commercial-grade refrigerator.
40 Pronghorn The Aerie Architectural Detail Reno NV
Precisely positioned on a north-facing axis, the home is aligned for Feng Shui perfection.
40 Pronghorn The Aerie Front Deck Reno NV
As twilight settles over the landscape, The Aerie glows like a Chinese lantern.
For the owners, living in this lovely lookout has been transformational, a singular experience for the lucky few.

Will you be next? Click to learn more about this stunning home.

 

Questions?

RUBY VON SCHWERIN: 775 232 3884

DONNA SPEAR: 775 691 7947

 


Posted on November 14, 2019 at 6:24 pm
Chase International Client Care | Posted in Buyers, City Lights, Homes for Sale, Reno Real Estate, The Artist, The Entrepreneur, The Fashionista | Tagged , , , , , , , ,

October Significant Sales

After a solid first half of 2019, the Reno-Tahoe luxury properties market has relaxed somewhat in the third quarter. Despite the overall softening, Chase International is pleased to report the following significant luxury real estate sales.

Continue reading


Posted on November 7, 2019 at 12:56 am
Chase International Client Care | Posted in Lake Tahoe Real Estate, Luxury Collections, Luxury Property Sales, Luxury Service, Reno Real Estate, South Lake Tahoe Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , , , , ,

September Significant Sales

After a strong first half of 2019, the Reno-Tahoe luxury properties market has softened somewhat in the third quarter. As we move deeper into fall, Chase International is pleased to report the following significant luxury real estate sales.

Continue reading


Posted on October 14, 2019 at 8:49 pm
Chase International Client Care | Posted in Lake Tahoe Real Estate, Luxury Collections, Luxury Property Sales, Luxury Service, Reno Real Estate, South Lake Tahoe Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , , ,

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 | Posted in Buyers, Carson Valley Real Estate, Lake Tahoe Real Estate, Reno Real Estate, South Lake Tahoe Real Estate | Tagged , , , , , , , , ,

August Reno-Tahoe Luxury Property and Significant Sales

The Reno-Tahoe luxury home market had a good summer in 2019, moderating from last year’s trend in line with expectations. As we head into fall, Chase International is pleased to report the following significant luxury property sales.

Continue reading


Posted on September 15, 2019 at 9:30 pm
Chase International Client Care | Posted in Lake Tahoe Real Estate, Luxury Property Sales, Luxury Service, Reno Real Estate, South Lake Tahoe Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , , , ,

Fall Fireplaces for Crispy Cool Reno-Tahoe Autumn Nights

Burgundy Estate Incline Village Chase International

Starting to feel the chill of the change in seasons? Cozy up to this stunning stone fireplace with 2.4 acres of private, lake view living in beautiful Incline Village, NV.

Tahoe East Shore Lakefront Chase International

Keep your backside toasty and your heart happy as you revel in the beauty of these incredible lake views. This one-of-a kind property is a dream come true for those who love the watersports life.

Montreux Luxury Estate Chase International

You’ll never want to get out of bed on those frigid fall mornings at this elegant estate. While away your weekends in this 13,000 square foot palacial home in prestigious Montreux, Reno, NV.

Modern Home Reno NV Chase International

Watch the first snow flurries fly from the comfort of this magnificent modern marvel. Poised like a sentry high above Reno, enjoy sweeping views of the Truckee River and downtown city lights.

Tahoe Cabin Chase International

The most elegant cabin kitchen you’ll ever eat in, enjoy fireside dining on those crisp autumn nights. You’ll love this gorgeous home on three acres, close to Tahoe City yet with a remote vibe.

South Lake Tahoe Lakefront Chase International

One of the most charming, intimate, lakefront lounges we’ve ever seen, curl up with a good book and a hot toddy to watch the leaves change. The artistry of the hand-chiseled trim is unbelievable.

South Lake Tahoe Waterfront Chase International

A mesmerizing water view, a comfy couch, a warm fire—what more could you ask for on a fine fall day. This mountain modern home offers elegant single-level living with opulent touches.

Old Clear Creek Mountain House Chase International

Enjoy treehouse living on almost 9 acres and watch the aspens change this fall. This spectacular property offers the look, feel and proximity of Tahoe with conveniences of Carson City.

Looking for a different fireside fall experience? Browse Reno-Tahoe-Carson homes for sale.

 


Posted on September 11, 2019 at 11:38 pm
Chase International Client Care | Posted in Buyers, City Lights, Homes for Sale, Lake Living, Lake Tahoe Real Estate, Mountain Escape, Reno Real Estate, South Lake Tahoe Real Estate, The Adventurer, The Entrepreneur, The Traveler | Tagged , , , , , , , , , , , , , , , , , , , , , ,

July Reno-Tahoe Luxury Property and Significant Sales

The Reno-Tahoe luxury home market continues to move along in 2019, moderating from last year’s trend in line with expectations. As summer begins to wane, Chase International is pleased to report the following significant luxury property sales.

Continue reading


Posted on August 13, 2019 at 2:33 pm
Chase International Client Care | Posted in Lake Tahoe Real Estate, Luxury Property Sales, Luxury Service, Reno Real Estate | Tagged , , , , , , , , , , , , , , , , , , , , ,

Reno-Tahoe Housing Market Forecast Mid-Year 2019-2020

Now that we’re halfway through 2019, it’s time to reassess our current housing market and adjust our housing market predictions for the rest of the year. But first, let’s review current national trends in real estate. Continue reading


Posted on July 23, 2019 at 7:08 am
Chase International Client Care | Posted in Carson Valley Real Estate, Lake Tahoe Real Estate, Market Reports, Reno Real Estate, South Lake Tahoe Real Estate | Tagged , , , , , , , , , , ,

Chase International Associates Ranked as Top Real Estate Agents in Nevada and California

We are pleased to announce that ten of our sales associates/agent teams were included in the REAL Trends annual list of top real estate agents and agent teams in Nevada and California. REAL Trends has been producing these rankings, which highlight the top one-half percent of the nation’s real estate professionals, for over 13 years. Continue reading


Posted on July 20, 2019 at 3:15 pm
Chase International Client Care | Posted in Carson Valley Real Estate, Lake Tahoe Real Estate, Reno Real Estate, South Lake Tahoe Real Estate | Tagged , , , ,