Strong Demand for Luxury Homes and Entry Level Properties Has Pushed the Median Home Price up 3% in 2019 After years of strong run-up in the Lake Tahoe real estate market, we are seeing market normalization take hold. This does not signify a downturn as is overstated in the media but reflects a slowing compared to the extraordinary market performance over the last few Read More
Tahoe Luxury homes make up 30% of all Single-Family Home Sales in 2019! February 2019 just set the single month snowfall record for Lake Tahoe with over 300" of snow (that's 25 FEET) reported at Squaw Valley Alpine Meadows! As you can imagine, the massive snowfalls are having an impact on Lake Tahoe real estate sales as homes are buried, roads have been dangerous to Read More
$101M of single-family homes traded hands in January 2019 setting a new record! The New Year is upon us and the Tahoe real estate markets are continuing their robust trend upward! In January, Oliver Luxury Real Estate sold another legacy lakefront property in Tahoe City for $37M, which puts the tally at 5 sales over $20M in the last 12 months. In addition to these Read More
2018 was a spectacular year for Truckee and North Lake Tahoe real estate sales with a record-setting $1.34B in single-family homes trading hands! We were coming off a record-breaking year and I expected a fairly flat market at the start of 2018 but the market spoke and by the end of the year, 11 of the 12 metrics I track were in positive territory telling a story of a Read More
The Lake Tahoe, CA Real Estate Markets Are Energized As We Close In On $1B In Home Sales! October was another record-breaking month for North Lake Tahoe, CA and Truckee real estate sales with $147M of single-family homes trading hands. October home sales account for 15% of the total dollar volume in 2017 and if you combine September and October we saw 33% of the year’s 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
