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 we say this all the time, but it’s true: “homes sales are on the rise.” Over the last 12 months, we saw a 14.5% increase in closed escrows in Lake Tahoe. The year before saw a 4.9% increase. If the number of houses we’ve sold recently is any indication, the next 12 months will see an even higher increase.
Review Preview of lakefront home
Al Tahoe Neighborhood
This house is located in the Al Tahoe Neighborhood. There are currently 8 homes for sale in historic Al Tahoe. 38 homes in this neighborhood were sold in the last 12 months with an average price of $234,371. The range of selling prices ranged from $90,000 to $549,000. Al Tahoe is popular among home buyers because of its easy access, close proximity to the lake and central location.
Video review of Al Tahoe: