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
North Lake Tahoe and Truckee Real Estate Sales are off to a Great Start in 2017 2017 is off and running and the North Lake Tahoe and Truckee, CA real estate markets are looking solid in the New Year. In January North Lake Tahoe received over 237 inches of snow at 7,000’ which broke the previous snowfall record from 1973! The record snowfall has made for some Read More
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 Read More
