Market Watch

Market Watch is a quick, visual rundown of market trends, supplied by Tahoe Luxury Properties at the end of each month.

Real Estate Snapshot | March 2018

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Sellers face less than 3 months’ supply across all real estate market sectors and just 3 weeks’ supply in prices below $1,000,000.

Real Estate Snapshot | February 2018

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A home on Tahoe’s West Shore sold for $7,500,000 in January, a figure that would have been the third largest California waterfront sale in all of 2017.

Real Estate Snapshot | January 2018

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Northstar saw its highest residential real estate transaction to date in December with the sale of a $6.9 million home.

Real Estate Snapshot | December 2017

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The number of units sold in each region — Truckee, North and West Shores, Incline Village/Crystal Bay, and lakefronts — were higher in November than in October.

Real Estate Snapshot | October 2017

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The same number of units (55) were sold on the North and West shores during the months of September and October, and other real estate numbers from October.

Real Estate Snapshot | September 2017

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Millennials (age 36 and younger) have been the largest group of home buyers for the past four years, making up 34 percent of the market. Plus, last month’s numbers, including units sold, median home price, and number of homes currently on the market.

Real Estate Snapshot | August 2017

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Up, up, and away. Most of the August real estate numbers are significantly higher than those reported in July. For example, the number of units sold in Truckee in August is 93, compared to 49 in July.

Real Estate Snapshot | July 2017

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In July the average home price in Truckee/Tahoe was $998K, compared to a $649K median price.

Real Estate Snapshot | June 2017

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Since January the number of homes contingent or pending has slowly risen each month — in January this number was 54 homes in Truckee/Tahoe, in June that number was 109.

Real Estate Snapshot | May 2017

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Spring heralded an uptick in the local real estate market, including a 150 percent increase in number of homes actively listed for sale from last month’s numbers.