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Eighty-three single-family homes sold in the Tahoe Sierra MLS in March 2021, an increase of 17% from February, and a 46% jump compared to March 2020. The $1.18 million median price is a decrease of 6% from February, but still up 64% compared to March of last year. The number of active listings is down 68% from last year, translating to low inventory that continues to drive demand. Four single-family lakefront homes sold between Incline Village and Rubicon Bay (compared to zero in both February and March of 2020), including McKinney Lodge in Homewood, which closed for $31 million on March 23.

~ Bill Dietz, principal broker of Tahoe Luxury Properties

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