The demand for Lake Tahoe, NV real estate continues over on the East Shore. Not only are the sold prices for Lake Tahoe, NV homes for sale up by almost $2 million dollars from last month, the amount of sold Lake Tahoe, NV homes for sale are also up. This particular area of the lake is known for having higher price points compared to its South Shore neighbor and this month’s report definitely shows that. At the time this blog was posted, there were 44 active Lake Tahoe, NV homes for sale available with an average list price of $4,275,545 and a median days on market of 37. There were 101 pending Lake Tahoe, NV real estate properties with an average list price of $1,413,934. These numbers include both condos and residential homes.
It is important to note that with the increasing buyer demand, decreasing inventory and historically low mortgage rates, NOW is a great time to list. If you are in the market to buy Lake Tahoe, NV real estate, work with a local expert and be patient as they guide you through this competitive climate. For more information on homes on this side of the lake, feel free to give us a call. We’d be happy to help!
| Lake Tahoe, NV Real Estate Market Report | 2020 | 2019 |
|---|---|---|
| Lake Tahoe, NV Real Estate Market Report | 2020 | 2019 |
| # of Listings Sold | 45 | 23 |
| Average Price | $3,078,942 | $771,434 |
| Median Price | $740,000 | $639,000 |
| Median Days On Market | 107 | 84 |
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