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Lake Tahoe Monthly Real Estate Report

April 3, 2020 by Mark Salmon

Whether you are buying or selling Lake Tahoe real estate this year, knowing the market conditions for your specific area is incredibly beneficial. Details like average and median sold price, month supply and days on market can give you information that helps you gauge what makes a competitive offer to accept or bid. The best source for these numbers is your Lake Tahoe Realtor. We are able to pull a market analysis that is custom to you so you get an accurate picture. The below numbers are an overview of the California side of South Lake Tahoe. These numbers are in comparison to this time last year.

The average sold price for Lake Tahoe real estate is up 5.7% at $583,029. The median sold price is up 2.1% at $465,000. The percentage of list price has gone down 0.1% and is at 97.1%. Your Lake Tahoe Realtor can go over this number more in depth and what it means. Average days on market is 107 days. Lake Tahoe homes for sale have increased 3.2% and pending Lake Tahoe homes for sale have gone down 1.3%. New Listings have increased slightly by 0.2% while closed sales have gone up 1.8%. The good news for buyers is the month supply is up 7.1%, though we are still hovering around a “Seller’s Market” territory with a 4.5 month supply. Anything 4 or less is considered a Seller’s Market while anything over 6 is considered balanced.

This report changes monthly and will look a little different for every neighborhood. For example, the average sold price for Tahoe Keys is $947,573 while the average sold price for Country Club Estates is $627,210. If you are looking for a Lake Tahoe Realtor or more information on buying or listing Lake Tahoe homes for sale, feel free to contact me. I would be happy to help.

Filed Under: Buyer Tips, Market Reports, Real Estate News, Seller Tips

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3924 Pine Rd is a rare opportunity in historic Tah 3924 Pine Rd is a rare opportunity in historic Tahoe Meadows—a 100-acre gated community steeped in Old Tahoe charm. This level one-third acre lot sits across from nine acres of protected open space, offering forever views and privacy just steps from the lake. With a strong IPES score of 936, high land capability coverage, and engineered plans already submitted, construction can begin as soon as this summer. Enjoy access to private beaches, buoy moorings, an on-site caretaker, amphitheater, and more—all walkable to South Shore's top attractions. This is legacy living at its finest. Offered at $649,000. Compass® DRE# CA 01485376 | NV 0191477

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616 Tata Ln is officially off the market — and i 616 Tata Ln is officially off the market — and it didn’t last long! This one-of-a-kind Gardner Mountain gem had an accepted offer within just one week and closed over asking. Tucked away on a rare, nearly 1-acre, four-lot-wide parcel, this classic cabin offered the best of Tahoe living: just 200 feet from the National Forest with access to iconic trails leading to Fallen Leaf Lake and Tahoe’s incredible South Shore beaches — yet only minutes from shops, dining, and the vibrant Y area. Congrats to all involved in bringing this dreamy Tahoe property to the finish line! Compass® DRE# CA 01485376 | NV 0191477

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This brand new listing at 817 Kiowa Dr is position This brand new listing at 817 Kiowa Dr is positioned within the North Upper Truckee neighborhood and directly facing preserved state land. This extraordinary home presents immediate entry into endless scenic trails through Washoe Meadows State Park, leading down to the Upper Truckee River. For those who value authenticity in alpine living, peace, privacy, and boundless outdoor opportunity-this residence captures it all. Impeccable inside and out, the interior has been meticulously maintained and appears untouched since completion. The grounds showcase curated landscaping with verdant lawns in both front and rear, complemented by mature foliage, a quartzite patio with fire feature, and a storage shed. An expansive composite deck offers additional outdoor entertaining, enhanced by an electric awning and framed by majestic pines creating a natural buffer from neighboring properties. Designed with ground-level living, the layout prioritizes accessibility. Rich travertine and plush carpet span the lower level, where the living space glows with warm hues and a striking river rock fireplace and hearth. Distinctive knotty pine doors and window casings further elevate the home's mountain aesthetic. Offered at $1,147,000. Compass® DRE# CA 01485376 | NV 0191477
There’s no better place to call home than Lake T There’s no better place to call home than Lake Tahoe—with its golden sunsets, crystal-clear water, and towering pine trees at every turn. Compass® DRE# CA 01485376 | NV 0191477

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1247 Margaret Ave sold before it even hit the mark 1247 Margaret Ave sold before it even hit the market! 👀 This is exactly why working with a local, experienced Realtor makes all the difference—we know what’s coming, have access to pocket listings, and can help you get your foot in the door before the crowd shows up. Thinking about buying? Let’s talk! Compass® DRE# CA 01485376 | NV 0191477

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Compass California, Inc.
2028 Lake Tahoe Blvd.
So Lake Tahoe, CA 96150

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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to the accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.