$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
North Lake Tahoe and Truckee Real Estate saw 98 single family home sales in the month of November which pushed single-family home sales to $1.25B setting a new sales volume record and there is still a month of sales left to go in 2018! The success of this year is attributed to the strength of the luxury markets and the fact that 29% of all single-family home sales in 2018 Read More
Is it a Good Time to Purchase Lake Tahoe Real Estate? In the 4th quarter of 2018 we continue to see inventory constraints and a constant increase in the buyer base (more people coming into market). The number of distressed sales (REO and Short Sales) has been on a downturn since 2012 and is at the lowest level since the last recession. Meanwhile, the average and Read More
Total Dollar Volume on Pace to Set a Record in 2018 The 3rd Quarter of 2018 was another record-breaking quarter for North Lake Tahoe, CA and Truckee real estate. Most notably, total dollar volume for single-family homes is now at $996M (up 19%) which is incredible as we have only had 2 other years with over $1B in sales volume and it appears that this will be the Read More
Tahoe Luxury Real Estate Sales Push the Market Higher in 2018 August 2018 was an incredible month for North Lake Tahoe and Truckee real estate sales, further solidifying the Lake Tahoe region as a California “power market” with over $185M in single-family home sales in the month of August! The total dollar volume for single-family homes is at $891M which is a 28% increase Read More
