In the month of May, the number of single-family homes sold in the Tahoe Sierra MLS area increased by 19% compared to the previous month. Active listings climbed 75%, marking the start of our unofficial “real estate season.” Truckee saw a 92% jump in active listings and Incline Village and Crystal Bay went up by 84%. The average days on market for a listing in the Tahoe Sierra MLS was 25 days, a 47% rise from the 17 days on market we saw in April. As available inventory increases, offering buyers more options, we may expect to see median prices begin to flatten.
~ Dietz Group at Tahoe Luxury Properties
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