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The 2016 Lake Tahoe Home Market

South Lake Tahoe Real Estate Market

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How has the year affected the market?

I get the question all the time: “Dan, is the Lake Tahoe real estate market a Seller’s or Buyer’s market?” Lately my answer is “right in between”, good time to buy and sell.  The inventory of homes for sale in South Lake Tahoe has been increasing since this past winter. Although Lakefront home prices have climbed, lakefront condos prices have decreased. Take a look at the charts and see the difference for yourself.

South Tahoe Association of REALTORS Multiple Listing Service Statistics (Condo/Townhome) Market Analysis

 

CondoMA-June2016-page-001

South Tahoe Association of REALTORS Multiple Listing Service Statistics (Single Family) Market Analysis

 

SFMA-June2016-page-001

As you can see home prices are continuing to rise. Homes are selling quicker than normal here. Looking to purchase a home in Lake Tahoe? Now is a good time to Call or email Dan Spano today to speak with him about helping to locate your ideal Tahoe cabin or condo.

 


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