Two factors are at play to drive strong 2022 real estate sales activity in Lake Tahoe. December snowfall hit record levels and many ski resorts opened for Christmas. This much needed precipitation event means sustainable snowpack might offset California’s drought. Additionally, the Bay Area pandemic migration to Lake Tahoe has continued unabated. This began during […]
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Third Quarter lakefront sales activity on the North and West shores of Lake Tahoe demonstrated a 72% sales volume increase. However, the year over year number of units sold remained flat. This reflects the enormous rise in median prices for lakefront homes, which rose from $4.4 million in 2020 to $7.8 million in 2021. Additionally, […]
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Lake Tahoe is getting national media attention about the enormous demand driving our record-breaking, sales activity. Just in the first 3 weeks of September 2020, we have had 208 properties go under contract, compared to 170 sales for the entire month of September 2019. The surge began in May and continued throughout the summer. In […]
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The Growing Demand for Quality of Life As we look at the first half of 2020 real estate sales activity at Lake Tahoe, there are several factors that have influenced the growth in sales numbers. First on the list is the demand for the quality of life that owning a home at Lake Tahoe can […]
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Lake Tahoe has re-opened with many sanitary measures to encourage safe distancing and the wearing of masks, even while hiking. But the real news is that the Lake Tahoe market seems to have been unaffected by the slowing economy. In fact, sales of homes at Lake Tahoe are stronger this year over last year. Just […]
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