The Tahoe Island Drive and Tahoe Island Park neighborhoods showed slight improvements in values for the market statistics that we follow when comparing the first 3 quarters of 2019 to the year before. The number of sale went up as did the median and average sale price. The dollar per square foot went up slight and the list to sale price ratio stayed about the same. The average time on the market, however, increased in 2019.
| Tahoe Keys 3rd Quarter Report | 2018 | 2019 |
|---|---|---|
| Number of Sales | 44 | 38 |
| Median Sale Price | $832,000 | $780,000 |
| Average Sale Price | $1,002,668 | $1,019,811 |
| Average List to Sale Ratio | 94.3% | 95% |
| Median Dollar Per Square Foot | $416 | $414 |
| Days on the Market | 134 | 414 |
The average months supply of homes increased for the Tahoe Island Drive area of this neighborhood but happened to go down slightly for the Tahoe Island Park part of the neighborhood:
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