Lake Tahoe Real Estate
So, what’s going on in your housing market Lake Tahoe? Scroll down and you’ll find a quick infographic I whipped up on some statistics of the Tahoe area. I pulled all of the data from my local MLS (Multiple Listing Service) the South Tahoe Association of Realtors. Nearly any questions you or I have about Lake Tahoe real estate can be answered by the data they aggregate.
A $345,000 median home price as of January this year? Not too shabby especially when compared to 2013 when home prices had most recently bottomed out. From what I can tell over the last two months we should expect prices to continue to rise as well, at least through to the end of the year.
Additionally this year Lake Tahoe homes are selling for 97.3% of their asking price and 95.4% of their original list price. Going back a few years those numbers drop considerably to about 88% of original asking price.
The average days on the market of a Tahoe home for sale is down from 119 when it peaked in January of 2012.
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Until Next Time
So there you have it. Six quick facts to quickly get you up to date on the housing market here in Tahoe. If you have any questions, comments, or just want to talk about these or anything real estate simply let me know. I am more than happy to help. Do you have any questions about the housing market Lake Tahoe?