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Lake Tahoe Market Heats Up with Summer

Lake Tahoe Market Heats Up with Summer

Lightning has struck the Lake Tahoe Real Estate Market and consequently, things are heating up. After this past weekend, we watched as a few market indicators flared.

  • In 48 hours, 11 homes over $1.5M went into contract
  • 4 homes went into contract within 16 days on the market
  • 3 more homes on the market for 38 days or less
  • Pending sales up considerably from year over year, especially in Truckee (up 82% from May 2019)
  • High consumer demand
  • Projected consumer demand increase as summer sales seasons continues

“Over this past weekend, in 48 hours, we saw 11 homes over $1.5M listing price go into contract in the Tahoe Sierra MLS.”

Read the article from Tahoe Luxury Properties that details this remarkable 11+ home flash sale! 

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Amie Quirarte

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