If you have been thinking of calling North Lake Tahoe, CA home, you came to the right spot. As established Lake Tahoe Realtors, we feel strongly that the best way to get our clients buying or selling process started off is through accurate market information. Knowing what is happening, both locally and regionally, can provide all kinds of insight that buyers and sellers can use to their benefit. Buyers know what their purchasing power is, how quickly homes for sale in North Lake Tahoe, CA are moving and what it takes to craft a competitive offer. Sellers can use this knowledge to determine where they stand in the market, what a good average sold price is and what type of offer and terms they can expect from buyers. Below are the main categories we look at when providing our clients with a custom market analysis.
The average and median sold prices for homes for sale in North Lake Tahoe, CA have gone up compared to this time last year. Interestingly, the days on market have gone up substantially as well. As have the amount of sold homes for sale in North Lake Tahoe, CA. The amount of available listings this year was down a bit compared to last year, but not by much.
The important thing to know about the below numbers it that this is just for one area of North Lake Tahoe, CA real estate. This area is made up of a bunch of different little towns and neighborhoods, all of which offer the best that Lake Tahoe living has to offer. However, the numbers may vary slightly depending on where you are looking. If you have a certain town or area in mind, be sure to let us know so we can give you a tailored report that gives accurate insight as to what is happening.
| North Lake Tahoe December 2018 | 2019 | 2018 |
|---|---|---|
| North Lake Tahoe December 2018 | 2019 | 2018 |
| Active Listings | 33 | 37 |
| # of Listings Sold | 11 | 6 |
| Average Sold Price | $937,590 | $843,166 |
| Median Sold Price | $885,000 | $777,500 |
| Days On Market | 202 | 61 |
The post North Lake Tahoe, CA Real Estate Update appeared first on Lake Tahoe Real Estate | South Lake Tahoe Real Estate Experts - Don & Theresa Souers.