Meredith Martin - Broker Associate Compass CA & NV

01/29/2026

02/20/2025

📢 January 2025 Market Update! 📢

🏡 Incline Village & Crystal Bay: The luxury market is seeing a huge price correction, with the median listing price down 53.5% YOY to $1.2M. Homes are selling faster (-71 days YOY, now at 61 days on the market), but sales volume has dropped 72% with only 7 homes sold.

🏡 Reno, NV: A strong market surge continues! The median listing price jumped 70% year over year to $590K, homes are selling 7 days faster (now at 101 DOM), and sales are up 25% year over year, with 250 homes sold.

🏡 North Lake Tahoe & Truckee: Prices are up 24.8% year over year to $1.6M, but homes are sitting 13 days longer (now 90 DOM). Sales remain steady, with a 3% increase, reaching 65 homes sold.

🏡 South Lake Tahoe: A stable market, with a slight 1% price dip (now at $721K). Homes are taking 18 days longer to sell (now 115 DOM), while sales remain unchanged at 32 homes sold.







.me

02/06/2025

License Fee Increase
- Paid $300 in 2021 → Paid $450 in 2025
- Total Increase: 50%
- Annual Increase: ~10.67% per year

Inflation vs. Licensing Fee
- Average U.S. Inflation Rate (2021-2024): ~5.3% per year
- Fee Increase: 5.37% higher than inflation
- Increased at 201% of the inflation rate (double the pace).

California vs. National Inflation Rates
- 2021: CA 4.2% vs. U.S. 4.7%
- 2022: CA 7.3% vs. U.S. 8.0%
- 2023: CA 3.9% vs. U.S. 4.1%

Sources:

Macrotrends. U.S. Inflation Rate (1960-2025). Retrieved from macrotrends.net.

California Labor Market Information. Historical Data – The Economy. Retrieved from labormarketinfo.edd.ca.gov.

California Department of Industrial Relations. (2024). California Consumer Price Index (1955-2024) [PDF]. Retrieved from dir.ca.gov.

U.S. Inflation Calculator. Current U.S. Inflation Rates (2000-2005). Retrieved from usinflationcalculator.com.







.me

02/03/2025

Nevada population growth in 2023-2024 📈🏡

Did you know?
- Nevada was the second-fastest growing state in the West in 2024.
- Nevada's population grew by 1.7% from July 2023 to July 2024, as per the U.S. Census Bureau.
- Washoe County (Reno, Incline Village) contributed 15% while Clark County (Las Vegas) accounted for 79%.
- 6th Fastest growing state in the U.S. (2023-2024)







.me

01/10/2025

Just Listed! 🏙️

415 De Haro #302 is now available! Swing by our open house this coming weekend:

📅 Saturday 11 AM-1 PM
📅 Sunday 2-4 PM

01/10/2025

Just Listed! 🏡

10 Brush Place is now on the market! Join us for an open house:

📅 Saturday 2-4 PM
📅 Sunday 11 AM-1 PM

12/27/2024

The majority of that money landed in the Bay Area.

12/23/2024

Market Summary
1. Incline Village + Crystal Bay: The luxury market remains stable in volume but faces declining prices and slower sales cycles.
2. North Lake Tahoe + Truckee: Sales activity is improving, but price softening and longer days on the market indicate a shift toward a more buyer-friendly market.
3. Reno: Modest growth in sales volume and rising home prices showcase a recovering market, though extended selling times highlight buyer caution.

While the Reno market shows encouraging growth, higher days on the market across all regions suggest a need for competitive pricing strategies. Buyers in luxury markets like Incline Village and North Lake Tahoe may find opportunities as sellers adjust to changing market conditions.

12/20/2024

San Francisco is all set for Christmas 2024! 🎄✨

12/19/2024

May the new owner enjoy the view as much as I did.







.me .com

11/15/2024

🏡✨ Homeownership vs. Renting: The Changing Trends Over the Years ✨🏡

The housing landscape has seen some major shifts recently, and the numbers tell an interesting story! 📊🌍

Today, a significant 83.7% of homeowners live in detached homes, valuing space and privacy. In contrast, only 27.1% of renters experience that same level of separation, with most opting for apartments or multi-family units. 🏠💭 But why the difference? The answer lies in lifestyle choices and affordability trends that have evolved over time.

It’s not just about where people live—the “when” has changed too! The median age for first-time home buyers has climbed to 38 years old, up from the mid-30s just a few years ago. This shift reflects the challenges many face, like rising home prices, student debt, and changing priorities (hello, 🚐✨). Meanwhile, those selling their homes are older than ever, with the average seller now aged 63 years, having stayed in their homes for around a decade. This could be due to baby boomers holding onto properties longer or opting to sell later in life as they downsize for retirement. 🌅👵🏼

With 61% of renters living in buildings with two or more units, it’s clear that many are choosing the convenience and flexibility of apartment living, especially younger adults under 30. This younger group overwhelmingly prefers renting, but as people hit their mid-30s and beyond, the data shows a shift toward homeownership, possibly reflecting a desire for stability and investment in long-term property. 📈🔑

From demographic changes to economic pressures, it’s fascinating to see how housing trends have transformed over the years. Whether you’re looking to rent, buy, or simply dream about your future home, understanding these shifts can help you navigate today’s market with confidence. 🛋️💡