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Typical for this time of year, the sales volume begins to slow down as we enter into winter and the holiday season. Median price in the Tahoe Sierra MLS for November continues to be at a four-year high. Although there were no lakefront single-family home sales between Incline Village and Rubicon Bay in November, there was one notable sale at 1550 Debra Lane in Incline that closed for $11.6M. We also saw the second sale over $3M in Sugar Bowl/Norden within the last six months. Prior to 2019, in this area there were only two sales over $3M recorded in the MLS, one in 2011 and the other in 2017.
~ Bill Dietz, principal broker of Tahoe Luxury Properties