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The highest dollar (top 10%) of sold properties and pending sales in the Tahoe Sierra MLS during the month of February are all located in Martis Camp, Lahontan, and Northstar. These homes all have a value of over $2 million. The lakefront inventory remains low with four of the 13 lakefront active listings being on the California side of the lake. The volatility in the stock market and the continued spread of the coronavirus are expected to bring some uncertainly to the market as we head into the sales season.
~ Bill Dietz, principal broker of Tahoe Luxury Properties
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