9AM - 5PM

7 days a week

135 River Road | PO Box 1904

Tahoe City, CA 96145

1.650.290.3008

amie@tluxp.com

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: Amie Quirarte, PO Box 1904, Tahoe City, CA, 96145, http://www.tluxp.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

First-Quarter Market Report

First-Quarter Market Report

The Lake Tahoe Real Estate first-quarter market report has just been published by Tahoe Luxury Properties. Please review for market insights.

This article is based on analyses made by Bill Dietz, the Principal Broker and owner of Tahoe Luxury Properties. The analysis covers median home prices, units sold data year-over-year, and trending reporting by region. 

The first quarter of 2020 started off with momentum. We witnessed a 14-year high in the median price of the Tahoe Sierra MLS. Overall, the median price and sales volume rose in all regions except Incline Village and Crystal Bay (median down 14%), and lakefronts (sales volume remained flat).  Due to the impacts of COVID-19, there are expected market fluctuations ahead. What will determine the significance of these changes in the next quarter’s market performance is the duration of the Shelter In Place directives and rapidity of economic recovery. There is concentrated demand projected from opportunistic buyers, and after the lift of restrictions, we expect Lake Tahoe to once again bustle as one of the world’s premier destinations.

You can read this market report in greater detail here. 

 

 

 

 

 

img

Amie Quirarte

Related posts

Join the Inman January Conference!

Want to make 2021 your best year yet? Join me at Inman Connect January 26-28 for 3 impactful days...

Continue reading
by Amie Quirarte

Agent Review

Thank you, Austin, for your flattering recommendation. Doing my best to share accurate and relevant...

Continue reading
by Amie Quirarte

‘Tips for Surviving a Market Reshuffle’

“Reshuffle is a great way to think about 2020."  Inman News continually cranks out helpful...

Continue reading
by Amie Quirarte

Join The Discussion

Sign up for real estate news

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: Amie Quirarte, PO Box 1904, Tahoe City, CA, 96145, http://www.tluxp.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact