Tahoe Real Estate Market News

Insider market info on the Tahoe/Truckee Real Estate Market

Found 9 blog entries about Tahoe Real Estate Market News.

Lake Tahoe's North & West Shore poised for solid April Real Estate Sales

On the California side of the Lake, the pace of sales was stronger in the 1st quarter of 2020 than it had been in 2019, and the median sales price of a single family home on the North & West Shore rose 4 percent to $670,000. 

Lake Tahoe Real Estate Market Stats

Overall sales volume was down 25 percent over the same period in 2019. But those numbers were heavily slanted by one whopper of a sale – Mark Zuckerberg’s $37 million purchase of the Brushwood Estate (pictured below) in January of 2019, which accounted for two-thirds of last year's 1st Quarter sales volume.

Mark Zuckerberg's Lake Tahoe Estate

By the first week of April, we had 18 homes under contract at the Lake, a few of which had accepted offers after the state shutdowns. 

209 Views, 0 Comments

What Buyers and Sellers Need to Know about Coronavirus and the Tahoe Donner Real Estate Market

Coronavirus fears aside, the pace of real estate sales in Tahoe Donner was slightly better for the first three months of 2020 than it had been in 2019. Total Q1 sales volume rose to $33 million, with 7 more homes selling during the first quarter of this year than last. While we did see some cancellations in March due to Covid-19 concerns, six Tahoe Donner homes sold in the first week of April, including this new custom home near the Tahoe Donner Golf Course that sold on April 8 for a little over $1.4 million (within 4 percent of its original asking price):

Tahoe Donner Home Sales

  • 47 homes sold in Tahoe Donner from January to March this year (up from 40 during the same
202 Views, 0 Comments

What Buyers and Sellers Need to Know about Covid-19 and Tahoe | Truckee Home Sales

This was a tough column to write because I know so many of you have suffered hardships as a result of the unprecedented fallout from the Coronavirus epidemic, and I don't want to appear be tone deaf. Those of you who know me, know that my motto is service above sales.

So many questions have rolled in about what 'exactly' all this means for the Tahoe Truckee real estate market, that I felt my 1st Quarter column needed to go granular. As you scroll down, you'll find global statistics, along with Links to specific communities, so you can zoom in the areas you're focused on.

Lake Tahoe Real Estate

March was a roller coaster ride none of us had ever seen before, and with the news and the

285 Views, 0 Comments

In the 15 years since home prices began to slide toward recessionary lows, many Tahoe & Reno neighborhoods have seen significant gains.

Tahoe Donner Cross Country Center 

This week’s focus is on Tahoe Donner, a resort community of some 6,000 homes in the hills above Truckee.

Tahoe Donner remains a relatively affordable option for Bay Area residents looking for a vacation home with nice amenities. With a terrific fitness center, several swimming pools, golf, tennis, and one of North America’s best Cross Country Ski Areas, Tahoe Donner is one-stop vacation destination. (Click here for additional info)

The majority of single-family homes here sell for under $1 million (84 percent last year). And many of these can be rented as furnished vacation properties when owners are not in

750 Views, 0 Comments

I was showing houses in Truckee the week before Christmas, and Bay Area buyers asked if they should wait to buy, questioning what will happen in 2020.  Would prices go down?

Analysts like to talk about the housing market on a “national” level, and while that’s great for economists and forecasting, it doesn’t really tell you anything about what will happen on the micro level here in Tahoe.

A home at Lake Tahoe is not the same as a home in Detroit. And the buyer looking to invest in a vacation home, which is largely what we offer here in Tahoe, has a different set of goals and finances than the person looking for a roof over their head.

The overall Tahoe market looks pretty much the same as it did in the middle of 2019, with prices inching up

116 Views, 0 Comments

With supply overflowing in most of Truckee's micro-markets, this Fall promises to be a great time for home buyers looking for bargains. 

With cooler days, and fewer crowds, the Fall can be an excellent time for buyers looking to snatch up a vacation home before the snow flies. And, with a few exceptions, many of Truckee's higher end neighborhoods are strongly favoring buyers right now, with a year or more worth of supply in some areas.

"Supply" is a real estate term that refers to standing inventory. If 5 homes sell in a particular neighborhood over the course of the past year, and 5 are currently for sale, that equals a year's worth of supply. A balanced market, favoring neither buyers nor sellers, is considered to be 6 months of supply. So having

360 Views, 0 Comments

What happens now?

Home sales at Lake Tahoe are down 20 percent over last year at this time. But the median sales price inched up 2 percent, continuing a trend that has sustained upward pricing momentum since 2013, when overall home values began rebounding from recession-era pricing. 

While that might signal that the market is in for a correction, we’ve seen similar numbers at the lake in past years without a drop in value.  The mid-year numbers in 2014, for example, looked a lot like today. Sales were down 18 percent from the year before, but the median sales price was up 3 percent.  Prices might have been expected to cool, but on the contrary, the median sales price shot up 13 percent the following year, and 2016 was a banner year, with home values

375 Views, 0 Comments

Condo or Single-Family Home?

So you want a condo in Tahoe? Or maybe a cabin of your own with a little yard, and elbow room, and no homeowner's fees. Condo or single-family home?  Close to half of my buyers flipped-flopped on this question last year, and buyers who are on the fence ask the same question: which one is better for me?  The answer depends on your goals.

Convenience vs. Constraints    

Most condos and townhomes are maintained by a homeowner's association, eliminating the need for costly exterior repairs, landscape maintenance and snow removal. The convenience of a turn-key vacation property in your favorite destination is a price worth paying for some.  If you work long hours at a stressful city job all week, the last thing you

7,683 Views, 0 Comments

During the many years I lived in Tahoe Donner, one of my favorite spots was the Euer Valley, a pristine stretch of the High Sierra long owned by the family that bears its name. For many years, access to the valley floor was limited to the winter months, when the Tahoe Donner homeowner's association leased it for their cross country ski operations (38 miles of beautiful - and groomed - terrain).  The Euers ran cattle in the valley during the summer, and bikes or joggers were not allowed. That changed in 2011, when Tahoe Donner purchased almost 500 acres of the valley for year-round use. And a good thing is about to get even better ...

 Tahoe Donner is adding another 640 acres to this open space paradise with the purchase of Crabtree Canyon and the

749 Views, 0 Comments

Sign up for email updates