If you are thinking of buying Lake Tahoe, NV homes for sale this summer, knowing what is happening in the local market is one of the best ways to get the process started. After getting pre-approved and finding a qualified and experienced Lake Tahoe, NV Realtor of course. We can guide you as both a seller and a buyer by sharing the latest market report and giving you numbers like average and median sold price, month supply, days on market and more. These details help sellers figure out the best list price and selling strategy while it guides buyers on creating a competitive offer. So how are Lake Tahoe, NV homes for sale doing right now? Let’s take a look……
One thing to note is that Lake Tahoe, NV real estate is on fire right now. Now that so many people are able to work remotely and don’t need to live in a city or urban area, they are looking at mountain, rural and suburban locations to buy in right now. As a result, we have seen Lake Tahoe, NV homes for sale moving quickly. Though, what was interesting is that the median sold price appeared to be down, the average sold price was up. At the time this blog was published there were 85 active listings and 58 pending properties. This is for the Lake Tahoe, NV real estate market as a whole, so if you want to see a home in a specific neighborhood, the custom market analysis may show a different set of numbers. For more information on selling and buying Lake Tahoe, NV homes for sale, feel free to give us a call. We’d be happy to help guide you!
Lake Tahoe, NV Real Estate Market Report | 2020 | 2019 |
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Lake Tahoe, NV Real Estate Market Report | 2020 | 2019 |
# of Listings Sold | 19 | 20 |
Average Price | $1,607,631 | $1,097,950 |
Median Price | $551,000 | $594,500 |
Average Days On Market | 111 | 100 |
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