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.
Lake Tahoe & Truckee Housing Market
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.
Click here for the complete Tahoe-Truckee-Reno-Carson 2019 Year-End Real Estate Market Reports with pictures spreadsheets and graphs.
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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