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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. 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 things have been done here to help the buyer 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.
You will see all areas from the beautiful waterfront Tahoe Keys to the mountain homes next to skiing at Heavenly Valley and all spots in between. I have also been providing reviews of each neighborhoods, most recently Glenbrook Country Club Estates and Al Tahoe.
Here is a new tour of the Tahoe Keys:
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 homes sales of luxury homes in the higher end market, like the Glenbrook and Tahoe Keys neighborhood are remaining strong.
Over the last 12 months, ending November 30, 2013, there were 745 closed sales of homes in South Lake Tahoe, CA. The median price of sold homes in November was $355.000, up 22.8% from November of 2012. We have seen a consistent upwards growth in most figures for the last 16 months, except in our inventory of homes, which continues to decline.
My predictions for South Lake Tahoe real estate:
- Interest rates will continue to creep up
- Appreciation rate pace will reduce
- More homes will get listed for sale
Look at all the homes for sale in Lake Tahoe, and if you see something you like and aren’t in the area to tour it, I offer a “Preview-Review” 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 me, Dan Spano, direct.
According to a recent article in the Wall Street Journal there are 6 reasons why there is a declining inventory of homes for sale in the United States. These 6 reasons also apply to Lake Tahoe, on both the California side and Nevada sides of the Lake. Their 6 reasons why housing inventory is declining 1. Many homeowners are underwater (owe more than their home is worth) so they are unlikely to sell until home values rise more than they have already. More...Continue Reading!
A home is one of the biggest, if not THE biggest investment a person will make in their life. Things change, our needs and families change, ideas of what we want change, so this means our home will change. The California Association of Realtors recently came out with this chart of the top ten remodeling projects that increase the value of your home. These are good rough estimates for return on improvements to a home......... even though they may not bring...Continue Reading!
Since the number of homes for sale in Lake Tahoe has been decreasing we've seen an increased demand for vacant lots by buyers. Decreased Inventory + Increased Median Price of Single Family Homes = Increased Demand for Property The upcoming building season looks like it will be a busy one according to local builders and building departments. Once the building season starts on April 15 there are many construction companies ready to break ground despite the uncertainty with the recent lawsuit by...Continue Reading!
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!