Real Estate Snapshot | February 2024

0

Brought to you by TLUXP.com

2024 is off to a strong start in Tahoe real estate. In the Tahoe Sierra MLS, January sales of single-family homes jumped 108% year over year and were up by 16% from December. While sales volume is nearing a pre-pandemic norm, prices continue to remain high. Median price sits at $1.3 million, which is an increase of 32% since December, quickly correcting from the only dip below $1 million that we saw over a period of 13 months. In the Incline Village and Crystal Bay region, sales volume rocketed 233% year over year. Inventory remains low in all areas, cuing those who are considering selling that now is a good time to get on the market.

Advertisement

~ The Dietz Group at Tahoe Luxury Properties

Author

Advertisement
Previous articleOne Man’s Trash Is Another Man’s Trash
Next articleWanderlust