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, 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 I’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:
Here are 3 ways to get the best deals in South Lake Tahoe real estate
You can see the above figures that homes are selling. This is a great time to purchase a home in Lake Tahoe. If you are looking to buy and want to get a head start on the good deals, I suggest you do the following:
- Sign up for email notifications of the Lake Tahoe MLS new home listings. You will be notified of homes coming on the market the moment they are listed. You will know as soon as the agents know.
- Another way to find out about the Lake Tahoe real estate market is to sign up to receive my blogs via email.
- Receive my monthly newsletter.
Request more information on real estate in Lake Tahoe by contacting Dan Spano directly.