As you can see from the graph shown above, the real estate market is showing continual growth and popularity within the Al Tahoe neighborhood. The median home price increased 7.7% from $599,000 in 2020 to $645,000 in 2021. The median home price is the strongest indicator of current values. The average sales price, which can vary greatly due to excessively high or low sales, dropped from $929,720 in 2020 to $771,555 in 20201. The median dollar per square foot Continue Reading
How Buyer’s Real Estate Needs Are Changing
Lake Tahoe real estate is unlike the average market in that it is a second home, resort market tucked away in the mountains with outdoor recreation that caters to a tourist driven economy. This means the type of jobs available and the lifestyles that go along with the locals is not your typical city or suburban lifestyle. Many of the people who choose to live here do not work typical 9-5’s with a ton of opportunities to climb the corporate latter. However, with the current Continue Reading
What To Know About Buying During The Coronavirus
Buying Lake Tahoe real estate in the midst of the Coronavirus has changed the way we operate. If you are a buyer, you likely know what we are talking about as it was business as usual one day and then the next, things were either put on pause or canceled. However, with Lake Tahoe real estate being considered an essential business, we were given the green light to operate, just under very different protocols. Purchasing homes for sale in Lake Tahoe is a big investment, so you Continue Reading
Should I Sell in Spring 2020?
Spring in the United States is considered a very busy season for real estate. While Lake Tahoe real estate is a second home resort market with a couple of seasons, we do start to see this time pick up. Add in Coronavirus, historically low interest rates, and well…..it could be confusing trying to figure out if NOW is a good time to list. One big thing that is important to note is that every single person has a different timeline. You may need to sell due to relocation, which Continue Reading
What to Know About South Lake Tahoe Real Estate in 2020
As we head into 2020, the real estate forecasts from industry experts are making headlines and while every professional has their own opinion on what to expect, there are a few things everyone is agreeing on. Before we jump into those bullet points, it is important for buyers and sellers to familiarize themselves with the current market conditions if they have plans to list or buy homes for sale in South Lake Tahoe. Knowing what the average and median sold prices are, what Continue Reading
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