Tag: Tahoe real estate
Real Estate Market Snapshot | December 2022
Still coming off a hyperactive two-year period instigated by the pandemic, the region in October saw its lowest real estate sales volume since before 2016.
Real Estate Market Snapshot | November 2022
Home prices are finally beginning to trend downward, with the median price dropping below $1 million for the first time in nearly two years.
Real Estate Market Snapshot | October 2022
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The month of October brought the lowest sales volume the Tahoe Sierra MLS has seen since before 2016. It was even...
Real Estate Market Snapshot | September 2022
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The number of single-family homes sold during the month of September in the Tahoe Sierra MLS area dropped by 25% in...
Summer Slow-Down
After the pandemic-driven real estate boom, which took the Tahoe/Truckee market by surprise, sent home prices skyrocketing, potential buyers are finally back in the driver’s seat.
Real Estate Market Snapshot | August 2022
Home sales were up but the median price was down during the month of August. The median price was the lowest seen since January 2021.
Real Estate Market Snapshot | July 2022
The number of homes for sale within the Tahoe Sierra MLS area continues to climb. As supply increases and demand begins to slow, we could see prices start to come down.
Turning Tide
The Covid-19 pandemic brought with it an unexpectedly explosive real estate boom in Tahoe/Truckee, with demand far exceeding supply. Is the local market now starting to favor buyers?
Real Estate Market Snapshot | May 2022
Active home listings jumped by 75% between April and May. Could Tahoe/Truckee median home prices finally begin to flatten out?
Something Old, Something New
Even hot markets have their limits. Although some homes are still going for above asking price, over-priced homes are creating room for negotiation.