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.
For all regions except for Incline Village and Crystal Bay of Lake Tahoe, the market continued on the same track as it has been: reduced number of homes sold, reduced number of days on market, and an increase in median prices year over year. Demand remained strong for many neighborhoods, and the inventory still was not at a place to support the interest. We are seeing an increase in inventory in many neighborhoods in the Truckee region, so perhaps that area will finally see a shift in the frothiness of closings.
Be sure to check out the Luxury Market Report above to read how our $2M+ market continues to move at an impressive rate.
Click on the images below to dig deeper into the regional reports.