How is the real estate market in Lake Tahoe? That question defies a simple answer probably more than any area of the country, thanks to many contributing factors such as South Shore or North Shore, California or Nevada, condo or single family home, lakeshore or non-lakeshore, etc.
Luckily, we have plenty of data about the various micro-markets in Lake Tahoe, from which we can extrapolate an accurate picture of home sales in one of the nicest places on earth.
What stands out? Which homes are selling fastest? Should you buy a condo or a home? What’s the real value to buying lakefront? Is the luxury market softening in and around Lake Tahoe? In what areas have prices dropped so we’re seeing great investment opportunities?
You’ll find all of the answers here, but you can contact us if you’d like a summary or our interpretation.
This data is based on the most recent findings of Sotheby’s International real estate report and encapsulates 2016 through Q3, as well as comparisons to the same conditions one year ago.
If you have any questions about buying or selling in Lake Tahoe – or would like to see more data on other micro-markets like Reno, Incline Village, Tahoe Keys, etc., please contact us anytime.