© 2013 Dickson Realty. All rights reserved.© Copyright 2013 Dickson Realty

1st Quarter 2013

LUXURY�TRENDSThe Market Report from the Market Leader

© 2013 Dickson Realty. All rights reserved.

1st Quarter 2013 Executive SummaryApril, 2013

Welcome to our latest luxury market report highlighting 1st Quarter 2013 sales activity for properties priced at $2 Million or more in Truckee/North Lake Tahoe and $1 Million+ in Reno/Sparks.

At the end of 1st Quarter 2013, Dickson Realty continued to dominate the luxury marketplace in Reno/Sparks with 46.87% market share for sales over $1 Million, 41.67% market share for sales over $1.5 Million, and 100% market share for sales over $2 Million. Regionally, our overall market share was 13.59%, with our closest competitor at 5.22%. The 1st Quarter 2013 has been quite active registering 27 luxury sales as compared to 7 in 1st Quarter 2012. And as we closed the quarter, we were already seeing an increase in the number of new luxury deals.

Both Truckee/North Lake Tahoe and Reno/Sparks markets have been remarkably busy with several $1 Million+ sales this quarter alone. Both market areas continue to be impacted by lower inventory and high demand. This dichotomy aff ects not only the luxury market but the markets in all price ranges as well. Nonetheless, we are pleased to report that Dickson Realty has participated in over 40% of the luxury sales in Reno/Sparks year-to-date including the highest sale of $2,150,000 for a custom-built Montrêux home overlooking the 13th Fairway and Green.

In recent months, we have been focusing our marketing eff orts on new initiatives to further a� ract the highly active international buyer. We traveled to Beijing, China with Luxury Portfolio to showcase our top properties at the Beijing International Property Expo which a� racted highly qualifi ed luxury buyers from around the world. For more information on our exclusive luxury marketing programs or for help with any of your real estate needs, please contact me at 775.746.7000 or email me at rdickson@ dicksonrealty.com.

Rebecca DicksonVice President LuxuryDicksonRealty Luxury Division

Luxury Market Report 1st Quarter 2013

© 2013 Dickson Realty. All rights reserved.

Luxury Market Report 1st Quarter 2013

Reno/Sparks Luxury Home Sales - $1 Million and Higher

1st Qtr 2013 1st Qtr 2012 % Change

Solds 18 4 450%

Total Dollar Volume $23,595,000 $5,105,000 362%

Average Sales Price $1,310,833 $1,276,250 3%

Median Sales Price $1,225,000 $1,127,500 9%

Average Days on Market 227 455 -50%

Average Price Per Sq. Ft. $252 $231 9%

Reno/Sparks Luxury Home Sales - $2 Million and Higher

1st Qtr 2013 1st Qtr 2012 % Change

Solds 1 0 0

Total Dollar Volume $2,150,000 0 0

Average Sales Price $2,150,000 0 0

Median Sales Price $2,150,000 0 0

Average Days on Market 213 - -

Average Price Per Sq. Ft. $362 - -

Truckee/North Lake Tahoe Luxury Home Sales - $2 Million and Higher

1st Qtr 2013 1st Qtr 2012 % Change

Solds 9 5 180%

Total Dollar Volume $23,810,000 $22,690,000 5%

Average Sales Price $2,645,555 $4,538,000 -42%

Median Sales Price $2,400,000 $2,950,000 -18%

Average Days on Market 273 445 -38%

Average Price Per Sq. Ft. $634 $984 -36%

Total Truckee/North Lake Tahoe homes sales rose 180% from last year while the Average Price dropped signifi cantly, as did the Average Price Per Sq. Ft.

Total Reno/Sparks home sales rose 450% from 4 sales in 2012 to 18 sales in 2013. $1 Million+ pricing also rose across the board

© 2013 Dickson Realty. All rights reserved.

Luxury Market Report 1st Quarter 2013

Reno/Sparks Luxury Home Sales

Price Range 1st Qtr 2013 1st Qtr 2012 % Change

$1,000,000 - $1,999,999 17 4 325%

$2,000,000 - $2,999,999 1 0 0

$3,000,000 - $4,999,999 0 0 0

$5,000,000 and higher 0 0 0

Market Totals 18 4 350%

Truckee/North Lake Tahoe Luxury Home Sales

Price Range 1st Qtr 2013 1st Qtr 2012 % Change

$1,000,000 - $1,999,999 22 13 69%

$2,000,000 - $2,999,999 7 3 133%

$3,000,000 - $4,999,999 2 0 200%

$5,000,000 and higher 0 2 0

Market Totals 31 18 72%

Homes selling between $1 Million and $2 Million represented the most active price range in both the Truckee/North Lake Tahoe and Reno/Sparks luxury markets.

A Martis Camp, CA sale, which sold for $4,100,000, represented the top sale in the entire Truckee/North Lake Tahoe region year-to-date.

© 2013 Dickson Realty. All rights reserved.

Luxury Market Report 1st Quarter 2013

Truckee/North Lake Tahoe Luxury Home Sales - $2 Million and Higher

Town/City # of Sales Median Sale Price Highest Sale Price

Martis Camp, CA 3 $2,865,000 $4,100,000

Northstar, CA 2 $2,352,000 $2,400,000

Dollar Point, CA 1 $2,200,000 $2,200,000

Kingswood West, CA 1 $2,180,000 $2,180,000

Old Greenwood, CA 1 $2,150,000 $2,150,000

Reno/Sparks Tahoe Luxury Home Sales - $1 Million and Higher

Neighborhood # of Sales Median Sale Price Highest Sale Price

Southwest Suburban Reno 8 $1,325,000 $2,150,000

South Suburban Reno 4 $1,275000 $1,850,000

West Southwest Reno 2 $1,225,000 $1,275,000

Old South Suburban Reno 2 $1,175,000 $1,275,000

West Washoe Valley 1 $1,500,000 $1,500,000

Northwest Foothhills Reno 1 $1,000,000 $1,000,000

With over 33% of the $2 Million+ home sales, Martis Camp, CA continues to be the number one choice for luxury home buyers in the Truckee region.

With 40% of the $1 Million+ home sales, Southwest Suburban - Reno, the older, sought-a� er neigh-borhood, is a favorite for luxury home buyers and is the only neighborhood with a $2 Million+ sale.

© 2013 Dickson Realty. All rights reserved.

Luxury Market Report 1st Quarter 2013

46.87%40

50

20

30

0

10

6.35%10.44%

6.36% 4.98%

Dickson Realty

Coldwell Banker Select

RE/MAX

Trans-Action

Chase

40

50

20

30

41.67%

20 83%

0

1012.85%

20.83%

12.85% 11.81%

Dickson Realty

Sierra Sotheby’s Intl

Trans-Action

Coldwell Banker Select

DoMore RE Drakulich

100

100%

80

40

60

0

20

Dickson Realty

15

13 54%12

6

9

13.54%

0

3 4.89%5.22% 5.07%

4.56%

Dickson Realty

Keller Williams

Coldwell Banker Select

Realty Affil.

Coldwell Banker NorCal

Reno/Sparks $1 Million and Higher Reno/Sparks $1.5 Million and Higher

Reno/Sparks $2 Million and Higher Reno/Truckee Overall Market Share

Source: Northern Nevada Regional MLS, Tahoe Sierra MLS

© 2013 Dickson Realty. All rights reserved.

Luxury Market Report 1st Quarter 2013

Regence Royale $76,000,000 Hong Kong, China Web ID: EENV

Sol Linda $12,000,000Nassau, BahamasWeb ID: UCKV

Rare Opportunity in London $10,017,083 London, UKWeb ID: AHPZ

Renaissance Villa in Florence $25,000,000 Assisi, ItalyWeb ID: EIFQ

Villa Roxane on Gustavia’s Cliff sPrice Available Upon Request St. Barthelemy, French West IndiesWeb ID: BZEZ

Enigma Mansion in South Africa $33,234,369 Cape Town, South AfricaWeb ID: DOBV

Outstanding Paris Apartment Price Available Upon Request Paris, FranceWeb ID: EGZV

Sol Linda $12,000,000Nassau, BahamasWeb ID: UCKV

Villa Venado in Garza Blanca$2,800,000Puerto Vallarta, MexicoWeb ID: CZFQ

Dickson Realty presents a selection of the world’s most exclusive properties from our global affi lliates at Luxury Porfolio.

Find more information on these properties on DicksonRealty.com/Luxury. For personalized service on these featured properties, contact luxury@dicksonrealty.com.

CAUGHLIN�RANCH� DAMONTE�RANCH SOMERSETT MONTRÊUX SPARKS TRUCKEE 775.746.7000 775.850.7000 775.746.7222 775.849.9444 775.685.8800 530.587.7444

DicksonRealty.com/Luxury | luxury@dicksonrealty.com

© 2013 Dickson Realty. All rights reserved. Although the information above is deemed reliable, Dickson Realty does not guarantee its accuracy.