North Lake Tahoe - Truckee Region Real Estate Market Report 2018 Vs st Quarter YTD TOTAL SALES (January - March)

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TOTAL MARKET SUMMARY North Lake Tahoe and Truckee (Areas 1-9) Units Sold Sales Volume Median Sales Price Average Sales Price Units Sold Under $500,000 Units Sold - $500,000-$999,999 Units Sold Over $1,000,000 Days on Market (Median) 196 $234,746,414 $672,500 $1,197,685 39 92 65 54 181 $185,524,796 $650,000 $1,024,998 46 96 39 63 8.3% 26.5% 3.5% 16.8% -15.2% -4.2% 66.7% -14.3% Days on Market (Average) 83 111-25.2% TOTAL MARKET SUMMARY North Lake Tahoe and Truckee (Areas 1-9) Units Sold 70 71-1.4% Sales Volume $44,365,050 $41,196,375 7.7% Median Sales Price $439,500 $425,000 3.4% Average Sales Price $633,786 $580,230 9.2% Units Sold Under $500,000 40 42-4.8% Units Sold Over $500,000 30 29 3.4% Days on Market (Median) 24 62-61.3% Days on Market (Average) 128 99 29.3%

NORTH LAKE TAHOE SUMMARY (Areas 1-5) Kings Beach to Tahoe City to Emerald Bay Units Sold 53 56-5.4% Sales Volume $57,966,493 $67,007,634-13.5% Median Sales Price $620,000 $610,500 1.6% Average Sales Price $1,093,707 $1,196,564-8.6% Units Sold Under $500,000 9 16-43.8% Units Sold - $500,000-$999,999 31 31 0.0% Units Sold Over $1,000,000 13 9 44.4% Days on Market (Median) 95 113-15.9% Days on Market (Average) 100 127-21.3% NORTH LAKE TAHOE SUMMARY (Areas 1-5) Kings Beach to Tahoe City to Emerald Bay Units Sold 18 20-10.0% Sales Volume $12,904,750 $11,284,375 14.4% Median Sales Price $452,000 $376,250 20.1% Average Sales Price $716,930 $564,218 27.1% Units Sold Under $500,000 11 12-8.3% Units Sold Over $500,000 7 8-12.5% Days on Market (Median) 44 145-69.7% Days on Market (Average) 90 152-40.8%

SQUAW VALLEY - ALPINE MEADOWS SUMMARY (Area 6) Squaw/Olympic Valley - Alpine Meadows - Truckee River Units Sold 4 6-33.3% Sales Volume $3,749,000 $4,680,200-19.9% Median Sales Price $1,025,000 $657,500 55.9% Average Sales Price $937,250 $780,035 20.2% Units Sold Under $500,000 1 2-50.0% Units Sold - $500,000-$999,999 1 3-66.7% Units Sold Over $1,000,000 2 1 100.0% Days on Market (Median) 114 200-43.0% Days on Market (Average) 114 465-75.5% SQUAW VALLEY - ALPINE MEADOWS SUMMARY (Area 6) Squaw/Olympic Valley - Alpine Meadows - Truckee River Units Sold 17 12 41.7% Sales Volume $7,334,800 $7,026,000 4.4% Median Sales Price $389,000 $385,000 1.0% Average Sales Price $431,458 $585,500-26.3% Units Sold Under $500,000 12 7 71.4% Units Sold Over $500,000 5 5 0.0% Days on Market (Median) 28 102-72.5% Days on Market (Average) 290 126 130.2%

TRUCKEE MARKET SUMMARY (Areas 7-9) Truckee - Glenshire - Martis Valley - Tahoe Donner - Donner Summit Units Sold 139 119 16.8% Sales Volume $173,030,921 $113,836,962 52.0% Median Sales Price $705,000 $709,000-0.6% Average Sales Price $1,244,826 $956,613 30.1% Units Sold Under $500,000 29 28 3.6% Units Sold - $500,000-$999,999 60 62-3.2% Units Sold Over $1,000,000 50 29 72.4% Days on Market (Median) 36 49-26.5% Days on Market (Average) 76 85-10.6% TRUCKEE MARKET SUMMARY (Areas 7-9) Truckee - Glenshire - Martis Valley - Tahoe Donner - Donner Summit Units Sold 35 39-10.3% Sales Volume $24,125,500 $22,886,000 5.4% Median Sales Price $530,000 $437,000 21.3% Average Sales Price $689,300 $586,820 17.5% Units Sold Under $500,000 17 23-26.1% Units Sold Over $500,000 18 16 12.5% Days on Market (Median) 22 38-42.1% Days on Market (Average) 69 64 7.8%

TAHOE DONNER SUMMARY (Area 9TD) Tahoe Donner (Units 1-11) Units Sold 53 40 32.5% Sales Volume $43,646,388 $28,134,400 55.1% Median Sales Price $715,000 $652,500 9.6% Average Sales Price $823,516 $703,360 17.1% Units Sold Under $500,000 5 7-28.6% Units Sold - $500,000-$999,999 31 30 3.3% Units Sold Over $1,000,000 17 3 466.7% Days on Market (Median) 18 34-47.1% Days on Market (Average) 49 59-16.9% TAHOE DONNER SUMMARY (Area 9TD) Tahoe Donner (Units 1-11) Units Sold 10 13-23.1% Sales Volume $3,444,000 $4,640,000-25.8% Median Sales Price $388,000 $411,000-5.6% Average Sales Price $344,400 $356,923-3.5% Units Sold Under $500,000 10 12-16.7% Units Sold Over $500,000 0 1-100.0% Days on Market (Median) 26 40-35.0% Days on Market (Average) 36 42-14.3%

SERENE LAKES SUMMARY (Area 875) Serene Lakes Area Units Sold 0 4 - Sales Volume $0 $2,867,500 - Median Sales Price $0 $725,000 - Average Sales Price $0 $716,875 - Units Sold Under $500,000 0 1 - Units Sold - $500,000-$999,999 0 3 - Units Sold Over $1,000,000 0 0 - Days on Market (Median) 0 76 - Days on Market (Average) 0 202 - SODA SPRINGS-PLAVADA-KINGVALE SUMMARY Soda Springs-Plavada-Kingvale (Areas 872-873-874-876) Units Sold 7 4 75.0% Sales Volume $2,777,000 $1,247,500 122.6% Median Sales Price $415,000 $320,000 29.7% Average Sales Price $396,714 $311,875 27.2% Units Sold Under $500,000 6 4 50.0% Units Sold - $500,000-$999,999 1 0 100.0% Units Sold Over $1,000,000 0 0 0.0% Days on Market (Median) 54 26 107.7% Days on Market (Average) 51 58-12.1%