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in South Lake Tahoe.
The Glenbrook neighborhood of Lake Tahoe is an enclave located at the base of Spooner Summit.
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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 resource. 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.
The 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, 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 and Tahoe Keys neighborhoods.
Over the last 12 months, ending January 31, 2014, there were 737 closed sales of homes in South Lake Tahoe, CA. The median price of sold homes during the last year was $320,000, up 30.3% 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 3.9%, but when looking at the luxury home market, sales were up 40.7%.
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
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.
The California Association of Realtors recently came out with a list of the "Top 5 Reasons for Buying." They discussed that 38% of the buyers in California bought because of price reductions, 12% due to favorable pricing and/or financing, 10% because they desired a a new or better location, 9% because of a tax advantage or investment and 7% bought because they were tired of renting a home. These figures were the result of a survey of home buyers in 2013. Top...Continue Reading!
The answer is NO. While the market has been hot and there is a lot of action with active home buyers, the time is still good for the "regular Joe" to buy a home in Lake Tahoe. Prices have been rising continuously since August of 2012 but home values are still nowhere close to what they were at the beginning of 2007 which was the height of home prices locally. There are many cities in Northern California that have already...Continue Reading!
Summer weather isn't the only thing that is staying hot...the Lake Tahoe real estate market is too! Median price of homes sold rises again The median sales price for homes sold in the month of July of 2013 rose 28% from July of 2012 to $299,500 on the California side of South Lake Tahoe. The median price for the last 12 months was $280,000, up 19.4% from the previous year. After 5 straight years of declining prices we have now seen 1...Continue Reading!
Real Estate in Lake Tahoe continues to amaze me. We have an increasing interest from buyers who want to own a home in Lake Tahoe on both sides of the state line. It would be great if we could find a home for everyone looking, but that's not the case. We have seen an increase of homes on the market but we're still at a very low inventory of homes for sale. Many are finding a home to purchase by...Continue Reading!
When buying a home in Lake Tahoe you need to know that there is a high probability of not getting traditional house insurance. Companies insuring homes in the area look at the FireLine score to determine if a home can be insured or not. FireLine Scores The ISO (Insurance Services Office) looks at three things at a property in order to determine a FireLine score: Is fuel or brush within 1/4 mile of a home? What is the ability to access the property? What is...Continue Reading!
The Country Club Estates neighborhood of South Lake Tahoe, CA is named after it's proximity to two area golf courses, Tahoe Paradise Golf Course and Lake Tahoe Golf Course. It is a pocket of newer homes between Pioneer Trail and Highway 50 outside of the city limits near Elks Club Lane. Many homes have great views of the mountains and those along the ridge can even catch a glimpse of Lake Tahoe. Country Club Estates places homeowners away from the...Continue Reading!
You'll see in this chart that California has 6 of the 7 fastest rising list price cities in the United States. All of those 6 are in Northern California except for the Santa Barbara area and Fresno which is more Central California. Lake Tahoe Median Asking Price South Lake Tahoe median sales prices have been climbing as well. Of the 853 homes sold in the last year, the median listing price was $339,436 and the median selling price was $324,113. A year...Continue Reading!
I find it hard to believe its already been a year since I've moved my office to the Heavenly Village Next to the Gondola! Paradise Real Estate 10o1 Heavenly Village Way #36C Paradise Real Estate's office is in the heart of the Heavenly Village. This is very important because we are now easy to find and centrally located to everything the village has to offer. Lake Tahoe visitors stop by every day interested in buying and selling homes in Lake Tahoe. The...Continue Reading!
The Tahoe Keys neighborhood of South Lake Tahoe has always been one of the most popular areas to invest in real estate. If my buyers tell me that they are interested in getting the highest income possible, I always recommend the Tahoe Keys for it's vacation rental income potential. Tahoe Keys property owners experience excellent rental income in the summer and decent income in the winter months. Tahoe Keys Real Estate Home sales in the Tahoe Keys are rebounding! We did see...Continue Reading!
Lake Tahoe Home Sales Appreciation Rate The median price of homes sold in South Lake Tahoe has reached it's highest point of $275,000 since September of 2011. This graph was created by long time local Real Estate agent Larry Sabo from Paradise Real Estate. I expect this trend to continue since the median sales price over the last 2 weeks was $344,000! This fast sales pace translates to over a 19% appreciation rate in the last 10 months. If you project this...Continue Reading!