In the Tahoe Sierra MLS, January saw the median price of single-family homes increase 18% from December and by 26% year over year. Median price in Truckee reached an all-time high of $1.67 million, while the median price in Incline Village and Crystal Bay dipped 35% from December and by 11% year over year. A Tahoe West Shore lakefront estate closed on Jan. 31 for $27.5 million, the first California-side lakefront to sell for over $20 million in more than 2 and a half years, signaling a strong real estate season ahead.

~ The Dietz Group at Tahoe Luxury Properties

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