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
The Most Significant Lake Tahoe Luxury Real Estate Sales 2021 was a record-breaking year for Lake Tahoe luxury real estate sales with 66% of all sales above $1M. There were 132 sales above $3M and we saw multiple Tahoe luxury property sales above $20M, which helped set the all time dollar volume record for the region. From jaw dropping lakefronts and lakeview homes to 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
TOP 5 LAKE TAHOE LUXURY HOMES AVAILABLE NOW - CLICK HERE Tahoe Luxury Home Sales Continue to Dominate Amidst an Inventory Constrained Market Lake Tahoe real estate inventory remains scarce as we careen towards winter, making the purchase process challenging for buyers looking to obtain a Tahoe getaway. The current absorption rate shows that we have 29 days of 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
