MICRO MARKET REPORT Q UA RT E R
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1 MICRO MARKET REPORT E AST S H O R E L A K E TA H O E Q UA RT E R TA H O E M I C RO R E P O RTS.CO M
2 EAST SHORE LAKE TAHOE NEIGHBORHOODS Stateline 3 Skyland 5 Glenbrook 2 Zephyr Cove/Round Hill 4 Cave Rock 6 Kingsbury Grade
3 EAST SHORE LAKE TAHOE MICRO MARKET STATS EAST SHORE Q Market Overview Avg. Sales Price Avg. Days on Market Total Units Sold Total $ Volume Sold % List to Sale Units Under $1M Sold Units Over $1M Sold
4 EAST SHORE LAKE TAHOE MICRO MARKET STATS LAKEFRONT Median Price $0 $5,500,000 $0 Average Sold Price $0 $7,098,333 $0 Average Days on Market Highest Sold Price $0 $13,145,000 $0 Lowest Sold Price $0 $2,650,000 $0 Properties Sold % Sold Price to Average List Price 0% 107% 0% Total Dollar Volume Sold $0 $21,295,000 $0 ALL NON-LAKEFRONT Median Price $932,500 $810,000-13% Average Sold Price $1,137,909 $1,067,231-6% Average Days on Market % Highest Sold Price $2,500,000 $3,700,000 48% Lowest Sold Price $290,000 $355,000 22% Properties Sold % % Sold Price to Average List Price 92% 96% 4% Total Dollar Volume Sold $25,034,000 $35,218,650 41% LAKEFRONT/ NON-LAKEFRONT condos Median Price $375,000 $398,000 6% Average Sold Price $439,329 $449,890 2% Average Days on Market % Highest Sold Price $1,410,000 $1,325,000-6% Lowest Sold Price $180,000 $209,000 16% Properties Sold % % Sold Price to Average List Price 97% 97% 0% Total Dollar Volume Sold $9,665,250 $10,797,375 12%
5 EAST SHORE LAKE TAHOE MICRO MARKET STATS Median Price $490,000 $804,250 64% STATELINE/ KINGSBURY GRADE Average Sold Price $579,055 $1,144,758 98% Average Days on Market % Highest Sold Price $1,150,000 $3,700, % Lowest Sold Price $290,000 $495,000 71% Properties Sold % % Sold Price to Average List Price 93% 96% 3% Total Dollar Volume Sold $5,211,500 $20,605, % Median Price $1,400,000 $780,000-44% ZEPHYR COVE / ROUND HILL Average Sold Price $1,515,937 $891,769-41% Average Days on Market % Highest Sold Price $2,500,000 $1,525,000-39% Lowest Sold Price $677,500 $355,000-48% Properties Sold % % Sold Price to Average List Price 91% 95% 4% Total Dollar Volume Sold $12,127,500 $11,593,000-4%
6 EAST SHORE LAKE TAHOE MICRO MARKET STATS Median Price $1,550,000 $1,040,000-33% Average Sold Price $1,223,333 $990,000-19% SKYLAND Average Days on Market % Highest Sold Price $1,700,000 $1,525,000-10% Lowest Sold Price $420,000 $355,000-15% Properties Sold % % Sold Price to Average List Price 96% 96% 0% Total Dollar Volume Sold $3,670,000 $3,960,000 8% GLENBROOK Median Price $1,950,000 $1,335,000-32% Average Sold Price $1,908,333 $1,266,666-34% Average Days on Market % Highest Sold Price $2,375,000 $1,665,000-30% Lowest Sold Price $1,400,000 $800,000-43% Properties Sold 3 3 0% % Sold Price to Average List Price 91% 95% 5% Total Dollar Volume Sold $5,725,000 $3,800,000-34%
7 OVERALL MARKET COMPARISON NORTH & WEST SHORE TRUCKEE INCLINE VILLAGE SOUTH SHORE EAST SHORE RENO Data was provided by the Tahoe Sierra MLS, Northern Nevada Association of Realtors, South Lake Tahoe Association of Realtors and Incline Village Board of Realtors but has not been independently verified by Broker. Current as of 4/3/2018.
8 W E A R E LOCAL EXPERTS Over 120 local real estate experts at 10 Sierra Sotheby s International Realty locations throughout the Lake Tahoe area. VILLAGE AT NORTHSTAR 4001 Northstar Drive #4105 Truckee, CA SQUAW VALLEY 1750 Village East Road #63B Olympic Valley, CA HEAVENLY / STATELINE 1001 Heavenly Village Way #36A South Lake Tahoe, CA INCLINE VILLAGE 570 Lakeshore Boulevard Incline Village, NV TAHOE DONNER Northwoods Boulevard Truckee, CA DOWNTOWN TRUCKEE Donner Pass Road Truckee, CA TAHOE CITY - GALLERY 695 North Lake Boulevard Tahoe City, CA TAHOE CITY - LAKESIDE 950 North Lake Boulevard Tahoe City, CA SOUTH LAKE TAHOE 2247 Lake Tahoe Boulevard South Lake Tahoe, CA THE SUMMIT AT RENO S. Virginia Street #606 Reno, NV 89511
9 WE ARE. THE VOICE OF TAHOE REAL ESTATE tahoemicroreports.com sierrasothebysrealty.com #tahoegoodlife INCLINE VILLAGE SOUTH LAKE TAHOE SQUAW VALLEY TAHOE CITY TAHOE DONNER DOWNTOWN TRUCKEE HEAVENLY VILLAGE/STATELINE NORTHSTAR THE SUMMIT, RENO CA BRE#
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