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
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
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
The Tahoe Real Estate Markets are Energized The 2016 North Lake Tahoe and Truckee real estate markets continue to show strength in August as we speed towards the 3rd quarter. We continue to see record sales volume, the average and median sale price is up double digits and luxury home sales are through the roof. I noted a slight slow down in June and July, but August has Read More
Buyers Purchased Tahoe Donner Homes at a Blistering Pace in 2015 Happy New Year! With 2015 behind us, we can now reflect on the Tahoe Donner real estate market and see what happened over the last 12 months. The highlight of the 2015 Tahoe Donner real estate market was sales volume, which was up 14% in 2015. Buyers were taking advantage of motivated sellers who may have Read More
