Tahoe Estates Group brings you a unique look at the $2M+ luxury market and how it aligns with our mountain lifestyle. Please enjoy this in depth look at where our market has been and where it could be heading.
After a sluggish July for showings, contracts, and sales, August saw sunshine, warm temps and all the desirable weather patterns that bring our visitors to the area. With those warmer days we also saw a positive uptick in the number of listings that went under contract. While it wasn’t a massive jump, everyone here at Tahoe Estates Group experiences more meaningful phone calls and tours with clients, and we helped more clients enter into contract or sell their homes in the month of August than any other month this year. Nearly all market regions saw improvements in the total volume of sales and median sales price, and South Lake Tahoe enjoyed an increase in numbers year over year for all 3 primary metrics.
Fall is typically called “Locals Summer” but I’ll tell you, the temps have changed and it already feels like October around here! If you are interested in speaking with one of us about your winter plans and dreams of homeownership, please reach out to us at sales@tahoeestatesgroup.com. Our vast knowledge and multi-decade level of experience can help navigate you through the process.
*TEG Tip of the month: Follow us on our Video Blog page, where you can hear our team speak on the market, buyer and seller tips, and why we love where we live!
Video Blog
Click on the images below to dig deeper into the regional reports:
