MARKET REPORTS Category
South Lake Tahoe Real Estate Market 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...Continue Reading!
The beautiful mountain town known as Incline Village is located on the Nevada side of Lake Tahoe, almost completely opposite of where we are here in South Lake. Just as it sounds, South Lake Tahoe resides on the south shore and Incline Village resides on the North. Click HERE to view a full size, interactive map of Incline Village which also includes all the properties that are currently on the market! There are many different advantages and disadvantages between living on the...Continue Reading!
As some of my readers already know, Lake Tahoe is almost directly cut in half between two different neighboring states: California and Nevada. Many potential home buyer's that are interested in calling Tahoe "home sweet home" often ask what the major pro's and con's are between living on the CA side of the lake or the NV side. You can read more about the advantages of living on the Nevada side HERE. If you would like to see the types of...Continue Reading!
Lake Tahoe Home Sales Review: Year End 2015 First and foremost, Happy New Year!! As you start off 2016 and begin to put your New Year's Resolutions and goals into action, owning a home in beautiful Lake Tahoe might be one of them. Staying up-to-date and knowledgeable about the current Real Estate market could be a very important step in helping you achieve your Tahoe dream. The following statistics list the 4 main "quadrants" around the lake and reference the year end numbers for 2015 compared to...Continue Reading!
Lake Tahoe Home Sales Review: January - September 2015 As 2015 comes to an end and everyone is getting ready to bring in the New Year, it couldn't be a more perfect time to reflect on the Lake Tahoe Real Estate market and how it compares to last year's numbers. The following statistics are compiled from the 1st three quarters which range from January to September of this year compared to the 1st three quarters of last year in 2014. South...Continue Reading!
July kicked off with a bang with Lake Tahoe's infamous "Lights Over the Lake" fireworks celebration and ended in a haze of smoke for the start of September and the Fall season. Just like the hundreds of thousands of tourists that came and left the Lake Tahoe Basin for Summer, there was also a rise and little bit of a drop in the South Lake Tahoe Real Estate Market. Home Values in the CITY of South Lake Tahoe, CA From July 1st - August 31st...Continue Reading!
Summer in South Lake Tahoe was a little delayed in arriving, but the forecast for both the weather and real estate sales are looking good! I continue to stand by my prediction, that, with a lot of investment activity in town and an overflowing schedule of summer entertainment, the summer real estate market in Lake Tahoe will be a strong one. South Lake Tahoe Home Values Continue to Rise Just like the temperatures, home values are rising! In May, 2015, the median sales price...Continue Reading!
The outlook for a great summer in South Lake Tahoe is looking good! Along with a lot of investment activity in town and a overflowing schedule of summer entertainment, I predict the summer real estate market in Lake Tahoe will be a strong one. Home Sales in South Lake Tahoe The median sales price for homes sold in South Lake Tahoe has leveled off now at $345,000 which has been the median for the past three months in a row. With 650 home sales...Continue Reading!
The median sales of South Lake Tahoe homes sold over the past year is now $350.,000. The number of closed sales of homes in South Lake Tahoe has been growing fairly consistently since October of 2009. There were 234 closed sales of homes that year and over the past 12 months, there have been 605. As I've been writing about consistently in my monthly sales articles we have a growing median home value, a leveling out of the number of closed sales...Continue Reading!
It is hard to believe that we are already into 2015! This past year has been such a busy year for Lake Tahoe real estate, but I'm not complaining! I love consulting with people to help them buy or sell a Lake Tahoe home. Take a look at this review of local real estate figures for the last year. South Lake Tahoe.... Homes Sold There was a slight drop in the number of closed sales from 2013, but as I've discussed previously, this is mainly...Continue Reading!