Lake Tahoe, NV Real Estate Update

If you are in the process of selling or buying Lake Tahoe, NV homes for sale, the best way to start your Lake Tahoe, NV real estate journey is by finding out what is happening in the market. Regardless of whether you are a buyer or a seller, knowing the current market conditions is necessary for a successful experience. Working with a qualified Lake Tahoe, NV realtor is THE best way to find out what these conditions are and how you can use them to your benefit. As a seller listing Lake Tahoe, NV homes for sale, knowing what is happening will help you pick a list price based on recent comparable sales. As a buyer, knowing the market will help guide you in putting together an enticing offer that a seller will choose out of the competition. A qualified Lake Tahoe, NV realtor will be able to provide an accurate market analysis for you, so you know what is best for your home. So how is Lake Tahoe, NV real estate doing? Let’s take a look!

The good news for sellers is that the average and median sold prices have gone up compared to this time last year. The amount of solds, however, have gone down a bit. Days on market have also seen a decrease as well. The Nevada side of the South (or East, if we are getting technical) Shore is usually known for having a higher price point. It is important to note that one of the reasons this side is so sought after is because there are tax benefits that offset the cost in addition to expansive homes with gorgeous lake and mountain views. At the time this blog was listed, there were 108 active properties (up from last month!) with an average list price of $3,416,047. There were 21 pendings (also up from last month) with an average list price of $953,780. If you are interested in buying Lake Tahoe, NV real estate, let us know. We would be happy to help!

The post Lake Tahoe, NV Real Estate Update appeared first on Lake Tahoe Real Estate | South Lake Tahoe Real Estate Experts - Don & Theresa Souers.