January 2016 Lake Tahoe Real Estate Market Report

El Nino Delivers Snow and Increased Real Estate Demand to the Tahoe Region

Welcome to the first Lake Tahoe real estate market report for 2016. The big news so far this year is the snow, which has been a welcomed addition to the region after the last 4 years of very mild winters. So far, we have exceeded the total snowfall of 2015 and there are still 2+ months of winter ahead! The deep snowpack and optimal skiing conditions have brought record breaking visitor numbers to the Tahoe region which has helped strengthen the Tahoe economy and has helped with home sales.

We are off to a great start in 2016 with just about every statistical data point showing positive growth. With 62 single family home sales in North Lake Tahoe, January 2016 had the highest sales volume in the last 11 years! If El Nino continues to deliver, we will be set up for a solid summer selling season which will most likely result in positive appreciation for the North Lake Tahoe real estate markets.

January 2016 Lake Tahoe Real Estate Statistical Analysis

Year Over Year January Lake Tahoe Real Estate Sales Chart

*North Lake Tahoe and Truckee Single Family Homes including lakefronts. Data taken from the Tahoe-Sierra Board of Realtors, MLS Areas 1-9.

If you would like to discuss the Lake Tahoe real estate market conditions in more detail or talk about the specific market conditions where your home is located please feel free to call or email me.  I would be happy to put together a specific market analysis for your home and provide you with information about how I can help you sell your home for top dollar.

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