As we move into Summer 2022 at Lake Tahoe, the real estate market is decidedly slower than 2021. However when we look at the 5 year sales picture, home sales and inventory are beginning to match to normal levels. We hear conflicting information about real estate bubbles and a market correction in the US, however, […]
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The lakefront market in North Lake Tahoe and Incline Village, Nevada continues to show strong sales activity. Year over year, the number of homes sold is the same, but the transactional dollar volume has doubled. Buyers will find that the current real estate market is just as competitive as it has been for the last […]
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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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