A Typically Slow Winter Market with Positive Signals The N. Lake Tahoe, CA real estate market is slow as is typical for the middle of the first quarter. With snow piling up, there is limited housing inventory, and although buyer activity has picked up over the last few months, unit volume is at a 15 year low. Despite the slow winter market conditions, we saw the median Read More
Lake Tahoe Real Estate Market Shows Momentum in January 2024 The N. Lake Tahoe, CA real estate market is off to a great start in 2024 with total dollar volume up 87% over January 2023. Limited housing inventory and increased buyer demand helped push the average home price up 6% while the median home price jumped 28% year over year. It appears that the soft market Read More
Despite Challenging Market Conditions, the Tahoe Market Holds Steady In 2023, the North Lake Tahoe, CA and Truckee real estate markets fought to maintain pricing stability while recording the lowest number of single-family home sales since 2009. The median single-family home price was only 3.6% below the all-time record highs of 2022 showing that despite the challenges of Read More
Normalcy Returns to the Tahoe Real Estate Market The North Lake Tahoe and Truckee real estate market has undoubtedly shifted due to high mortgage interest rates, economic uncertainty, and limited housing inventory. These challenges have drastically reduced the number of active participants in the market, yet we continue to see buyers making moves, resulting in solid Read More
Tahoe Buyers & Sellers Hibernate While it Snowed 14 Feet in January The N. Lake Tahoe, CA real estate market showed significant cooling after a busy holiday season with the region receiving over 14 feet of snow in January. A lack of housing inventory coupled with buyers sitting on the sidelines due to high interest rates and fears of a recession led to one of the Read More
Despite Challenging Market Conditions, The Median Home Price in Lake Tahoe Was Up 5% In 2022 The North Lake Tahoe, CA real estate market started 2022 as an aggressive continuation of 2021 with above-average demand and limited housing inventory, resulting in a frothy real estate market with short marketing times and most homes selling with multiple offers and above asking Read More
