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
Tahoe Real Estate Posts Lowest Number of Sales Since 2008 With mortgage interest rates hovering around 7%, an aggressive Fed battling inflation, and a barrage of negative news flooding our screens, it's no wonder the North Lake Tahoe, CA real estate market has seen a significant volume slowdown since 2021. In the last 16 years, we have only had 1 other year where only 68 Read More
Home Sales are Outpacing New Listings in N. Lake Tahoe, CA The North Lake Tahoe, CA real estate market has seen a significant slowdown since peak market pricing in Q3 of 2021. With that noted, pricing remains on an upward trajectory in Q3, and currently, sales volume is outpacing the number of new listings. With recent sales outpacing listing volume, the Tahoe Read More
The Lake Tahoe Real Estate Market is Battling Fear, Uncertainty, and Doubt The North Lake Tahoe, CA real estate market has significantly slowed over the last 4 months due to uncertainty, fear of a possible recession, a weak stock market, and rising mortgage interest rates. Although the market has slowed in terms of buyer activity and the volume of homes sold, pricing Read More
The Lake Tahoe Real Estate Market Has Stabilized With Supply and Demand in Balance Over the last 60 days, the North Lake Tahoe, CA real estate market has swiftly pivoted from a strong seller's market to stabilization with supply and demand in equilibrium. Rising mortgage interest rates, the Fed battling inflation, talks of an impending recession, and the ongoing war in 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
