2020 West & North Shore Real Estate Insights
If you read our 2020 Luxury Real Estate Insights blog, you’ll know the Tahoe real estate market was HOT last year. We’re not seeing any signs of this market slowing down, so this week we want to drill down even further and provide insight into the West and North Shore market.
The West & North Shore of Lake Tahoe had a whopping 113% increase in properties sold over $1 million. This region was also the leader in lakefront sales with 21 sales in 2020 as compared to 14 in 2019.
Amie was able to secure this rare Tahoe Treasure for her clients in a multiple offer situation. This quiet lakefront has it all — 80′ private sand beach, sunny Southern exposure and huge views of Tahoe. Known for its sunny location and access to amenities, Dollar Point is a coveted location for many.
Amie represented the buyer for 3212 Edgewater in Tahoe City in a multiple-offer situation that sold for $5,525,000
In 2020, The West & North Shore region reached historic highs of both median price and sales volume across the board
- 80% increase in volume ($395M+ sold)
- 113% increase in units (179 total sold)
- 10% increase in median price ($1.65M median price in 2020)
West & North Shore Lakefront Sales Stats
- $114.65M in 2020 (2% increase from 2019)
- 21 units sold (50% increase from 2019)
- $5.8M median price (25% increase from 2019)
Now is the time to sell
In 2021, it will be critical to work with an agent who knows the local market inside and out and understands the true value of your home. As a top producing agent in the Tahoe luxury real estate market, Amie is perfectly poised to help make your selling process quick and easy. Discover what your home is worth with our FREE home evaluation. You can also reach Amie by text or calling 650.290.3008 or email firstname.lastname@example.org.