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 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
