In the Tahoe Sierra MLS for the month of August, single-family home sales volume decreased 8% year over year, while median price dropped 9% from the previous month. Sales volume was down, however — 35% in comparison to a year earlier in 2020. The median price climbed 17% against the same period last year. With the current wildfires, we will see a pause to current activity as the region focuses on safety and recovery.
~ Bill Dietz, principal broker of Tahoe LuxuryProperties