TEST for Market Snap shot

So far, it has been a great month for real estate in Tahoe! From August 1st through August 15th of 2016, residential sales continue to significantly outpace sales for the same period in 2015. West Shore Lake Tahoe

Sales are up 17%.

This year to date, there have been 629 residential properties sold below $1,000,000.

The median sales price is $565,000 which is up 8%.

Coldwell Banker has over 11% of the active listings on the market and continues to be the market leader for listings.

Active inventory is down 9%.

For more information, click here or Call Sasha Spiegel at (530) 564-1833.

Market Report 6 month 2016 VS 2015-page-0

North Lake Tahoe Active Residential Inventory Summary: Feb.16th – 29th, 2016

Tahoe log home on West ShoreActive Listings:   There are currently 544 residential properties for sale, down 2% from the first two weeks in February.  Listings include 318 single family homes and 226 condos for sale.  Coldwell Banker continues to be the market leader for listings overall holding over 15% of active listings.  Of the active listings, there are only 3 properties listed as a short sale, and 4 properties listed as an REO sale.

Looking to Buy?   The 2016 real estate market in the North Lake Tahoe and Truckee area has very much mirrored the 2015 market which was a good year for real estate. There is considerable activity in the market as many Buyers and savvy investors are actively looking for homes.  At today’s current inventory levels there continues to be many quality properties to choose from throughout the north Lake Tahoe and Truckee areas. With homes prices stabilizing and favorable mortgage interest rates, now is a good time to take advantage of this market in the Tahoe/Truckee area.

See additional snapshots in the Tahoe Luxury Market

Tahoe Luxury Home Market Snap Shot – Feb. 16th – 29th, 2016

kitchen02Luxury homes sales have started 2016 with a huge increase up 68% from last year. 

37 luxury properties sold this year as compared with 22 properties sold last year for the same period year-to-date.

The median luxury home price has decreased 28% from $2,225,00 to the current price of $1,600,000.

Martis Camp Priced $3 to $7.9 million

Tahoe Lakefront Homes  Priced $1.5 to $12 million

Tahoe Luxury Homes Priced $2.5 to $12.5 million

Tahoe Truckee Real Estate Market Snap Shot – 2015 Year End

424 Lakeshore 3Total Sales: North Lake Tahoe had another great year in real estate and rounded out the year with 1,264 residential properties sold.  That number is just up slightly up 2% from 2014’s 1,238 properties.  Of the residential sales, 999 were single family homes while 265 (approximately 21%) were condos.

The Tahoe Home median sales price decreased slightly 2% from the sale price last year to end at $525,000.  Last years median sale price was $536,877.

Tahoe Luxury Homes market has shown the largest decrease down 20% from last year. For more information on the Luxury market click here.

Coldwell Banker Ranks #1 – Among all brokerages in the north Lake Tahoe market, Coldwell Banker ended 2015 as the market leader with 634 closed sales and a $318 million total volume.   This ends the 5th year in a row Coldwell Banker has finished as the 1 real estate brokerage in the North Lake Tahoe and Truckee market.

Tahoe Luxury Home Market Snap Shot – 2015 Year End

Luxury homes sales have decreased 20% from last year.  In 2015 properties sold over $1 Million numbered 187 as compared to 234 properties sold in 2014.

The median price also slightly decreased ending at $1,662,500 compared to $1,775,000 in 2014.

The average luxury home price, however slightly increased .5% ending the year at $2,340,972.

 

 

Martis Camp Priced $3 to $7.9 million

Tahoe Lakefront Homes  Priced $1.5 to $12 million

Tahoe Luxury Homes Priced $2.5 to $12.5 million

Next Page »