Found 2 blog entries tagged as Lake Tahoe Real Estate Market.

Lake Tahoe real estate is suddenly becoming a commodity available mostly to those who can afford to spend more than $1 million. Luxury sales tripled at the Lake in the first six months of this year, and the median sales price climbed to an unprecedented $1M, a 44 percent jump from the year before.

But most surprising is that for the first time ever, many areas of Lake Tahoe and Truckee saw more homes selling for over $1 million, than under. Last year at this time, for example, luxury sales represented just one-third of the overall sales at the Lake. And this year so far, homes priced over $1 million outpaced more affordable properties.

Lake Tahoe Real Estate

From January to June this year, 383 homes closed at Lake Tahoe for $1 million or more. That's more than…

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Buyers Flocking to Tahoe for Open Space and Clean Air

Zephyr Cove

The coronavirus pandemic has flooded the Tahoe real estate market with an unprecedented number of buyers seeking an escape from urban lifestyles that have shrunk in the wake of COVID-19.

Home sales in Tahoe/Truckee this June are almost double what they had been the year before. And some popular neighborhoods like Tahoe Donner have seen the volume of home sales more than double over last year.

With many urban professionals working successfully from home, and public spaces shuttered throughout many of California’s cities, open space has become the new luxury.

In Tahoe/Truckee we are seeing this not only in the rising number of luxury cash sales, but also in the cutthroat market for homes…

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