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Lake Tahoe Lakefront Real Estate Market UpdateI just updated my Lake Tahoe Lakefront sales chart which tracks Tahoe lakefront sales from 2005 through November 11, 2011. Although pricing is down from the peak of the market in 2008 you can see that sales volume is up significantly for Tahoe Lakefront properties. The increase in sales volume shows that luxury buyers are taking advantage of depressed pricing and the current economic conditions which has created some amazing opportunities for luxury buyers. Lakefront pricing is down 30% from the peak of the market (median price) and Tahoe lakefront buyers can now afford more house per dollar and luxury buyers are using the current economy to turn their dreams of lakefront ownership into reality.
View Tahoe Lakefront Listings by area:
–Tahoe City Lakefront Homes
–North Lake Tahoe Lakefront Real Estate
–Westshore Lake Tahoe Lakefront Properties
View Tahoe Lakefront Homes by price:
$0 to $3M
$3M to $5M
$5M+
$0 to $3M
$3M to $5M
$5M+
David Westall, Realtor
Tahoe Riverfront Realty, Inc.
150 Alpine Meadows Rd
Alpine Meadows, CA 96146
David@WestallRealEstate.com
P: 530-448-9882 | F: 530-583-6312
DRE# 01796995
Tahoe Riverfront Realty, Inc.
150 Alpine Meadows Rd
Alpine Meadows, CA 96146
David@WestallRealEstate.com
P: 530-448-9882 | F: 530-583-6312
DRE# 01796995
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>Well said Dave…
After decrease 30% from the peak of the market(median price) and Tahoe lakefront buyers can now afford more house per dollar and luxury buyers are using the current economy to turn their dreams of lakefront ownership into reality.
Thanks for a nice sharing..
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Lake Tahoe Real Estate