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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.
Now is a great time to invest in Lake Tahoe, whether it's a vacation rental, long term rental, multi-units/apartments or retail buildings. With the continued low interest rates and property prices still considered low, now is the time to pull the trigger before it's too late. I advise my clients that waiting will not help their situation. The biggest challenge is the lack of homes for sale. The key to to watch for new listings as they get posted to...Continue Reading!
The Montgomery Estates neighborhood of South Lake Tahoe, CA is consistently one of the most sought after neighborhoods in all of South Lake Tahoe for many reasons. Many of the homes in this subdivision are newer, well kept, and offer either mountain, lake, forest and even some steam views which have helped to maintain its high median home value that typically ranks in the top 3 for all of South Lake (usually just behind the Tahoe Keys and Heavenly Valley). The nice part about Montgomery Estates is...Continue Reading!
Yes. And no. We are definitely in the midst of a seller's market. With housing prices rising and inventory lowering, "For Sale" signs in front of homes are rapidly disappearing. If people want to sell, they can accomplish it in this hot market. The main determining factor I hear from sellers is that they are waiting for Lake Tahoe home values to rise even more. Many homeowners don't want to sell yet as they are still underwater or their home isn't worth quite...Continue Reading!
The Heavenly Valley neighborhood gets it's name from the world class ski resort that is located here. This is a highly desirable neighborhood for winter sports enthusiasts due to its being the closest neighborhood to the ski lifts. The area has a full spectrum of homes, from apartments, condos and A frames to large mountain-side estates with fabulous lake views. Lake Tahoe Real Estate Sales in Heavenly Valley In March of 2013 there were 2 closed sales of homes in Heavenly...Continue Reading!
Bidding on a home before you've seen it in this hot market With a rapidly reducing inventory of homes for sale, both in Lake Tahoe and around the country, a seller's market has been created. It is also no longer unusual to have buyers bidding on a home that they haven't even seen. In a recent story in the San Francisco Chronicle, many California real estate brokers described what they have been seeing, and experiencing. Because of the lack of inventory, a...Continue Reading!
During the late 1950s and early 1960s, the marsh at the mouth of the Truckee River was developed into what we now know as the Tahoe Keys. When people now hear of the Tahoe Keys they automatically think high end homes on the water, boats and the marina and access to Lake Tahoe. The Tahoe Keys is a 750 acre marina resort community that has 1,220 homes and 335 townhomes sitting on 11 miles of inland waterways. Lake Tahoe Real Estate...Continue Reading!
When searching for a home for sale on the Nevada side of Lake Tahoe you may start thinking, am I too late? Homes for sale in South Lake Tahoe, Nevada We are at the end of times where one could find a home or condo for sale in Lake Tahoe under the price of $200,000. As of today there is just 1 (yes, one) home for sale in this range. If you use the search tool on my website the list will...Continue Reading!
If you've been following my blogs and articles you'll find the South Lake Tahoe real estate figures for the month of March as expected, but if you haven't been reading you may say "WOW!" Median Price of Lake Tahoe Homes Sold We had seen a big dip in the median sales price in South Lake Tahoe, CA during the last 2 years. The median of homes sold in March was $349,000, exactly $100,000 more than March of 2012! This is also the...Continue Reading!
When looking at the entire state of California the average price of a home for sale is $307,600. In Nevada you have a huge spectrum of home values due to the diversity of cities, therefore the average sales price is only $145,400. Lake Tahoe Homes for Sale The largest inventory of homes for sale in Lake Tahoe are priced between $200,000 and $300,000. On the California side of Lake Tahoe there are currently 31 homes for sale in this range while there...Continue Reading!
The current Lake Tahoe real estate market is a tough one for buyers because it has turned into a seller's market for homes priced under $500,000 . Homes are selling so quickly that the moment a buyer sees a home they are interested in it's already in escrow. Top 5 Reasons to Use Dan Spano in Lake Tahoe My clients have had their offer accepted ahead of other offers in this tough real estate climate. My buyers are getting the home they...Continue Reading!