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 Buyers & Sellers Hibernate While it Snowed 14 Feet in January The N. Lake Tahoe, CA real estate market showed significant cooling after a busy holiday season with the region receiving over 14 feet of snow in January. A lack of housing inventory coupled with buyers sitting on the sidelines due to high interest rates and fears of a recession led to one of the Read More
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
