• Home
  • Search
    • Search All Listings
    • Search by Neighborhood
    • Featured Listings
  • Market Reports
  • Buyers
  • Sellers
  • About
    • Mark Salmon
    • Testimonials
  • Contact
  • Login / Register
  • Blog
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
(530) 318-7637 | Login / Register
  • Home
  • Search
    • Search All Listings
    • Search by Neighborhoods
    • Market Reports
    • Featured Listings
  • About
    • Mark Salmon
    • Testimonials
    • Blog
  • Contact
Menu
Home > Monthly Lake Tahoe Real Estate Report

Monthly Lake Tahoe Real Estate Report

March 3, 2020 by Mark Salmon Leave a Comment

Whether you are buying or selling Lake Tahoe real estate this year, knowing the market conditions for your specific area yields incredibly useful insight. 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 5.6% at $582,707. The median sold price is up 2.2% at $465,000. The percentage of list price has gone down 0.1% and is at 97.6%. Your Lake Tahoe Realtor can go over this number more in depth and what it means. Average days on market have increased 10.3% and are now sitting on the market an average of 107 days. Lake Tahoe homes for sale have increased 3.2% and pending Lake Tahoe homes for sale have increased 2.6%. New Listings have decreased slightly by 1.6% while closed sales have gone down 0.9%. The good news for buyers is the month supply is up 12.2%, though we are still hovering around  a “Seller’s Market” territory with a 4.6 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 Montgomery Estates is $612,035. 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: Market Reports, Real Estate News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Lake Tahoe REALTOR®

Mark Salmon

(530) 318-7637 Cell
Contact
New Listing Alerts What's My Home Worth Market Reports
"Super competent agent! Mark reallys knows the Tahoe area, and he was extremely responsive and helpful at every step of the process of shopping, negotiating,... continued"
- Curt & Nora Nichols
All Testimonials
Follow Us
What's going on in the market, going into the new What's going on in the market, going into the new year? And how does South Lake Tahoe navigate real estate under all this snow we have right now?! We had a great discussion on The Tahoe Real Estate Show for January. Check it out on YouTube! 

https://youtu.be/K7-LBZJNaWQ
What an incredible winter is has been in Tahoe! ❄️
PENDING! This beautiful home is almost off the mar PENDING! This beautiful home is almost off the market. One of the best values in South Lake Tahoe right now.

Mark Salmon | Compass®
DRE# CA 01485376 | NV 0191477
What an incredible year it was. Despite a softer m What an incredible year it was. Despite a softer market, especially in the second half of the year, I finished 2022 with over $81 million in total volume.

I owe so much of my success to clients like you. They say a true friend says your name in a room full of important people - I'm thankful you all do that for me! Cheers to an even better 2023!

Mark Salmon | Compass®
DRE# CA 01485376 | NV 0191477
Turnkey & impeccably maintained, this home is read Turnkey & impeccably maintained, this home is ready for its next owners. With over 3,300 square feet, there is room for every one of your favorite people to stretch out, Tahoe-style.

📍: 1938 Osage Circle
💲: Asking Price: $1,398,000
Mark Salmon | Compass®

Have Questions?

Contact Me

  • This field is for validation purposes and should be left unchanged.

Footer

company logo

2028 Lake Tahoe Blvd.
So Lake Tahoe, CA 96150

Mark Salmon

Lake Tahoe REALTOR®
(530) 318-7637 Cell
DRE# 01485376
mark.salmon@compass.com

Stay Connected

sitemap   •   admin   •   ©2023 All Rights Reserved  •  Real Estate Website Design by IDXCentral.com
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.