Market Watch | November 2025

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In the Tahoe Sierra MLS, sales volume, active listings, and pending sales are all down from last month, as is typical when entering the slow season. However, compared to this time last year, sales volume has increased significantly — up 24%. While the number of active listings remains mostly flat across all markets, lakefront properties have seen a decrease, and pending sales have risen year-over-year in all markets. Median sales prices in the Truckee markets have declined both month-over-month and year-over-year, whereas the Lake Tahoe Basin, in both California and Nevada, has seen an increase.

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~ The Dietz Group at Tahoe Luxury Properties

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