Area Real Estate News & Market Trends
Buying or selling Lake Tahoe, NV real estate this year? The best way to begin your journey is by aligning yourself with a Lake Tahoe, NV Realtor who can share the current market conditions with you. Details like sold prices, days on market and month supply can help both buyers and sellers come up with a competitive plan of action. Sellers can use market reports to price their home accordingly and buyers can understand what their buying power is. Take a look at the below to see the market report for Lake Tahoe, NV real estate. It is important to note that this is for the area in general, but if you want details on a specific neighborhood, be sure to contact your Lake Tahoe, NV Realtor.
The average sold price for homes for sale in Lake Tahoe, NV is up significantly from last months $915,103 to $1,398,000 this year. The median sold price for homes for sale in Lake Tahoe, NV is the same as last month at $900,000. The average days on the Lake Tahoe, NV real estate market is 223, which is up from last month. This number helps buyers and sellers get an idea of how fast homes are moving.
As far as inventory goes, at the time this blog was published, there were 70 Lake Tahoe, NV homes for sale with an average list price of $4,722,161. There were 10 pending sales with an average list price of $1,835,050. There are 38 condos for sale with an average list price of $496,660. There are currently 8 condos pending with an average list price of $501,987.
If you need more information on real estate on this side of the lake, feel free to reach out! We would be happy to help.
May 15, 2019
Moving your family to the Mountains
Relocating to Tahoe can be an easy process due to the fact we are a small community and have many services all in one place. From Energy to Internet, Garbage disposal to Landscaping, there are just a few of the many Companies to choose from. Here is a short list of the following:
Liberty Energy (California Side)
South Tahoe Refuse (Garbage Disposal)
July 31, 2017
Receive the Latest Local Market Stats
Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!
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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.
We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.