August 2021 Set the Record for the Highest Percentage of Total Sales over $1M In August, we witnessed significant buyer demand and extraordinary luxury homes sales, which helped push the average Lake Tahoe home price to a new record of $1.89M, up 35% from last year. Interestingly, we saw fewer home sales in August 2021, which appears to result from constrained inventory Read More
Tahoe Real Estate Sales Continue to Set Records in Q2 Lake Tahoe Real Estate Q2 2021 Market Report With summer underway and Bay Area Buyers Flocking to Lake Tahoe, it's not surprising that we continue to set records with each passing month as inventory remains constrained and buyer demand is white-hot. Q2 has closed, and the statistics are nothing short of amazing. In Read More
Lake Tahoe Real Estate Market Heating Up as Snow Melts Each year as the snow melts in Tahoe; buyers envision themselves creating lasting memories with friends and family in the mountains, which often leads to purchase decisions being made. Traditionally, spring is the start of the Tahoe selling season, and we anticipate that this summer will be one for the record books Read More
Lake Tahoe Real Estate Market Sets Records in Q1 with the Median Home Price Surging 57% The record-setting first quarter of 2021 was energized, fueled by tenacious demand and finite inventory, resulting in a 37% jump in sales volume and a 57% boost to the median home price. Buyers have a relentless determination to purchase Tahoe properties and have shown fortitude when Read More
Shackled Inventory Pushes Market Higher In February 2021, Lake Tahoe real estate inventory remained shackled while buyer demand was rampant. February is typically a slower month for single-family home sales, but in 2021 we witnessed the highest volume of single-family home sales ever, with 72 closings, and dollar volume jumped 160% over February 2020, which is simply Read More
Buyer Demand Exceeds Supply in January In a traditional year, the Tahoe real estate market enters hibernation mode in January and February as the snow starts to pile up and inventory is typically thin. Well, this is not a traditional year, and we are hot on the heels of a record-breaking year for real estate sales, so it would make sense that January 2021 just set the Read More
