Robust Demand, Limited Inventory and Voracious Buyer Demand Continue to Push the Market Higher The market began to recover from the Great Recession in 2012, and N. Lake Tahoe, CA home prices have been ascending ever since. In 2018 high rates of year-over-year appreciation took place, and then the pandemic struck in 2020, and home values went parabolic, setting record Read More
Steadfast Buyer Demand and an Inventory Constrained Market Helped Push Sales Volume to $2.12B and Set Numerous Records The tenacity of the 2021 N. Lake Tahoe, CA real estate market was historic and will not easily fade from memory. Although the volume of single-family home sales retreated 25%, the intense level of buyer demand pushed the median home price up 38% to a new Read More
Average Home Price Continues to Rise Amid an Inventory Constrained Market Highlighted by a 40% increase in the median sales price, it's clear that 2021 has been a spectacular year for Tahoe real estate sales. In 2020, we saw more units trade hands, however, the average price of homes is up significantly year over year. This means that even though the number of home sales Read More
Wildfire and Extreme Air Quality Could Not Slow the Tahoe Real Estate Freight Train in Q3 Shackled inventory, excessive buyer demand, and a desire to live, work, and play in the mountains have launched the Tahoe real estate market into the stratosphere. Fueled by the pandemic, Tahoe real estate has become more desirable than ever, and in Q3 we saw the median single-family Read More
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
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
