The Tahoe Real Estate Markets are Gaining Steam in August and the Median Home Price is up 7.3% The North Lake Tahoe, CA and Truckee real estate markets are gaining strength in the 3rd Quarter as many indicators are showing positive gains. The current market is still off a bit from last year (historical sales year). This is mostly due to the epic winter we just Read More
After Melting Out, The Median Home Price in Lake Tahoe is up 8.2% in Q2 and the Market is Heating Up Upon first glance, 2017 North Lake Tahoe real estate sales appear to be having a rough first half as sales volume is down 12%. The average sale price is flat and a number of indicators are showing less than stellar performance. Tahoe is a funny beast and the first Read More
Buyer Demand for Tahoe Real Estate Continues to Exceed Supply Now that we are 5 months into the 2017 sales year, it is apparent that there is a severe lack of Lake Tahoe real estate inventory. Buyer demand is fevered and with minimal inventory, we are seeing the average marketing times shrink significantly and the median home price is on the rise. With the lack of Read More
Low Inventory Levels Continue to Plague the Tahoe Real Estate Markets After the record-breaking winter of 2017, the Lake Tahoe and Truckee real estate markets are having a hard time keeping pace with tenacity of the first four months of 2016. Many statistical data points that I track (shown below) are off the pace of 2016 which is due to the heavy winter. Also Read More
Buyers Are Hungry for Inventory in Q1 The first quarter of North Lake Tahoe and Truckee real estate sales is complete and we are looking pretty good given the fact that we are just digging out of a historic winter. Buyer activity was off 15% in Q1 which is not surprising as inventory was at a historical low. We also received 279” of snow in January, over 200” in Read More
Pent Up Buyer Demand Coupled with Low Inventory is Pushing the Median Home Price Higher So far this winter Squaw Valley has received 575” of snow at the 8,000’ elevation which is 80” more than we received during the entire 2016 winter season! The incredible snow depths have created some of the best skiing and riding conditions in decades but these conditions have made Read More
