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Al Tahoe 1st Quarter Market Report 2017

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The Al Tahoe neighborhood continues to enjoy the benefits of being one of the South Shore’s most sought after residential destinations. However, the South Lake Tahoe real estate market report for the Al Tahoe neighborhood showed signs of slowing down in a few of the categories we follow. While the average and median home prices both increased, the amount of closed sales decreased by 5.4%. The month supply is 4.3 so this neighborhood is right on the border of being considered a buyers market, which means there is higher inventory compared to other neighborhoods. The days on the market also went up slightly. 

Al Tahoe Market Comparison20172016
Number of Sales3735
Median Home Price$420,000$359,000
Average Home Price $527,441$438,987
Average List to Sale Ratio97.096.6
Median Dollar Per Square Foot$375$290
Days on the Market9388
Month Supply 4.34.5

The post Al Tahoe 1st Quarter Market Report 2017 appeared first on Lake Tahoe Real Estate | South Lake Tahoe Real Estate Experts - Don & Theresa Souers.


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