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Access to the best and most timely information can dramatically shape your Lake Tahoe real estate experience. Because of this, I have worked very hard to create a Lake Tahoe real estate website that helps you get the information you are looking for quickly and easily. Sign up now to receive all new listings according to your desired criteria that get posted to the MLS.
Lake Tahoe Homes for Sale
I am passionate about delivering exceptional and personalized customer experiences. With extensive knowledge in every aspect of Lake Tahoe real estate, fueled by market research and insight, I am able to be your trusted local real estate Realtor. On this website, with it’s groundbreaking web features, you can easily find lakefront and luxury homes for sale as well as the most extensive list of ALL homes for sale on both the California and Nevada sides of the lake. Listings of homes are updated every hour from the local Real Estate MLS! Get to know the Tahoe neighborhoods by reading the descriptions and viewing them on the Map Search.
Neighborhoods of South Lake Tahoe
Since many Lake Tahoe home buyers come from out of the area they aren’t familiar with our neighborhoods and their attributes. Due to this, two features have been included to help the buyer’s experience. First is a Lake Tahoe Buyer’s Guide and, secondly, video tours and reviews of all South Lake Tahoe neighborhoods. You can find them on the neighborhood video page or on the neighborhood page.
Each South Lake Tahoe neighborhood is unique. You will notice everything from lakefront and luxury homes like those in Tahoe Keys, Glenbrook, Skyland, Cave Rock and Elk Point, as well as homes with more of a mountain, woodsy feel as those in Montgomery Estates, Pioneer Trail and Tahoe Paradise. Nevada neighborhoods tend to have more luxury and lake view homes while California neighborhoods tend to include everything from luxury lakefront to mountain cabins.
View the Tahoe Keys from a Drone
Lake Tahoe Real Estate Market
The Lake Tahoe real estate market continues to be very busy, with increasing sales and a decreasing inventory of homes for sale. With recent sales continuing to stay strong, many experts believe just as I do, that now is the time to purchase a home in Lake Tahoe. Even sales of homes in the luxury market are remaining strong, as in the Glenbrook, Lakefront, Skyland, Zephyr Heights and Tahoe Keys neighborhoods. The neighborhoods on the CA. side of the lake have some pricing that is still very attractive and below our market peak in 2006.
Over the last 12 months, ending February 28, 2014, there were 738 closed sales of homes in South Lake Tahoe, CA. The median price of sold homes during the last year was $320,000, up 28% from the previous year. We had been seeing a consistent upwards growth in most figures over the last 17 months, but this month saw a few areas with a slight drop. Overall, closed sales were down 3.7%, but there was actually only one category that had a drop ~ those priced under $300,000. All other price categories had increased sales, including the Lake Tahoe luxury home market where sales were up 31.6%.
My predictions for 2014 in the Lake Tahoe real estate market:
- Interest rates will continue to creep up
- Appreciation rate will taper
- Luxury homes sales will be strong
- Available Homes for sale will continue to decrease
Look at all the homes for sale in Lake Tahoe, and if you see something you like and aren’t in the area to view it, I offer a special service. You will receive a narrated video tour of the home…it will be like you’re there and seeing it for the first time! If you want more information on any home or subject on my website please contact Dan Spano. Read my most recent reviews. I welcome all my customers to drop by my office conveniently located in the Lake Tahoe casino core on the CA. side of the state line.
Advantages of purchasing a home in Lake Tahoe, Nevada With taxes raising in the state of California, real estate agents in Nevada, including Lake Tahoe, have seen an increased interest from home buyers and investors. Many want to know the advantages of buying a home in Lake Tahoe, Nevada. The State of Nevada offers a business friendly atmosphere. There have been many recent articles in the Wall Street Journal, Kiplinger, Entrepreneur and Money magazines that have all said the same...Continue Reading!
I'm watching our Lake Tahoe Buyer's market turn to a Seller's market as I write this blog. The recent actions of Lake Tahoe home owners indicates to me that we are at the beginning of a seller's market. In the last 30 days, 12 California homeowners withdrew their Lake Tahoe homes for sale off the market. On the Nevada side of Lake Tahoe, 4 homeowners pulled their homes off the market during the same period. Median Price Going Up Perhaps the reason...Continue Reading!
Lake Tahoe real estate had seen a steady down trend in home sales over the last few years, and the last 9 months has seen a steady upward climb. In February of 2013 buyers seemed to be on a buying frenzy and sellers were deciding not to sell and hold on for a higher sales price in the future. The big topic of conversation among Lake Tahoe Realtor's is the lack of homes for sale and how sellers are pulling...Continue Reading!
A 1031 exchange is also known as a tax deferred exchange, and is a simple strategy and method for selling one property, that's qualified, and then proceeding with an acquisition of another property (also qualified) within a specific time frame. 1031 Exchanges Under Section 1031 of the U.S. IRS Tax Code, the exchange of certain types of property may defer recognition of capital gains of losses due upon sale, and hence defer any capital taxes otherwise due. If you sell one property...Continue Reading!
Lake Tahoe home prices are finally seeing an upturn, and by looking at the chart on the right, we're no different than the rest of California. While we don't have 42 years worth of local figures, we can evaluate the median sales price over the last 6 years in Lake Tahoe. Lake Tahoe Median Home Prices The following figures are for the month of January and June in each year: Jan, 2007 $469,000 June, 2007 $454,000 Jan, 2008 $428,000 June, 2008...Continue Reading!
The demand to purchase homes for sale in Lake Tahoe seems to be increasing at a furious pace. That is evidenced by another home in Lake Tahoe going into escrow this month. After my clients looked at available homes for sale, this home in Tahoe Island Park neighborhood located at 735 Jeffery Street. was an easy decision. Last year at this time there were 419 homes for sale in South Lake Tahoe. Today, there are just 231. The rapidly reducing inventory,...Continue Reading!
The rapidly reducing inventory of homes for sale in South Lake Tahoe was just reduced by one more! I just signed the paperwork to put a lakefront home located at 953 Lakeview into escrow. Unit #1 is a two story condo in historic Al Tahoe, right at water's edge and even has a pier! Home Sales in Lake Tahoe It may seem like I say this all the time, but it's true: "homes sales are on the rise." Over the last 12 months...Continue Reading!
We have had a strong start to 2013 in Lake Tahoe. Homes continue to sell at a strong pace and now the median price is starting to rise. With a continually reducing inventory of homes on the market and the interest rates still at an all time low, I believe we'll continue to see strong sales. This week, on the Nevada side of South Lake Tahoe, there were no foreclosures for sale and just one short sale! The rest of Nevada is still seeing enough foreclosures...Continue Reading!
It wasn't too long ago that there were foreclosures and short sales in neighborhoods across the country, including Lake Tahoe. Those days are coming to an end in Lake Tahoe, Nevada. As of today, we saw absolutely zero foreclosed and just 1 short sale home on the market (and that 1 short sale home is priced over 1 million dollars!). The inventory of all homes for sale has been declining on the Nevada side of Lake Tahoe for months, as mentioned in a...Continue Reading!
3 reasons to purchase now 1. Property prices are still low in Lake Tahoe but they are climbing. The future of where prices of homes for sale will go next is unknown but the prediction is "up." 2. There is still a decent inventory of homes available but it is declining rapidly. It is uncertain how many homes you will have to choose from in the future but the trend shows it will continue to drop. The so-called "shadow inventory" never appeared...Continue Reading!