MICRO MARKET REPORT NORTH & WEST SHORE LAKE TAHOE QUARTER 2 2018
NORTH & WEST SHORE LAKE TAHOE NEIGHBORHOODS 1 3 4 2 1 North Shore - Lake Tahoe 2 West Shore - Lake Tahoe 3 Squaw Valley 4 Alpine Meadows
Q2 Overall Market Comparison Total Dollar Volume Sold 2017 2018 $1.2 Billion $197.1 Million $428.6 Million $242.8 Million $201.3 Million $120.9 Million $313.7 Million $14.7 Million $254.2 Million Truckee North/ West Shore Incline Village South Shore East Shore Reno Carson Valley Sierra/ Plumas Sierra Foothills Q2 Overall Market Comparison Total Units Sold 2017 2018 2302 192 53 205 192 391 353 533 699 Truckee North/ West Shore Incline Village South Shore East Shore Reno Carson Valley Sierra/ Plumas Sierra Foothills The information provided herein is based on data received from the seller, public sources or third parties, but has not been independently verified by Broker. Each office is independently owned and operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully.
NORTH & WEST SHORE LAKE TAHOE MICRO MARKET STATS NORTH SHORE LAKEFRONT Median Price $4,537,500 $3,337,500-26% Average Sold Price $4,537,500 $3,368,921-26% Average Days on Market 88 250 184% Highest Sold Price $5,725,000 $5,386,370-6% Lowest Sold Price $3,350,000 $1,750,000-48% Properties Sold 2 8 300% % Sold Price to Average List Price 97% 96% -1% Total Dollar Volume Sold $9,075,000 $26,951,370 197% NORTH SHORE NON-LAKEFRONT Median Price $690,000 $600,000-13% Average Sold Price $740,347 $860,529 16% Average Days on Market 85 74-13% Highest Sold Price $1,700,000 $5,050,000 197% Lowest Sold Price $298,000 $299,000 0% Properties Sold 67 65-3% % Sold Price to Average List Price 98% 97% -1% Total Dollar Volume Sold $49,603,284 $55,934,438 13%
NORTH & WEST SHORE LAKE TAHOE MICRO MARKET STATS WEST SHORE LAKEFRONT Median Price $5,750,000 $6,125,000 7% Average Sold Price $8,282,600 $13,796,250 67% Average Days on Market 104 148 42% Highest Sold Price $15,000,000 $40,000,000 167% Lowest Sold Price $1,688,000 $2,935,000 74% Properties Sold 5 4-20% % Sold Price to Average List Price 91% 91% 0% Total Dollar Volume Sold $41,413,000 $55,185,000 33% Median Price $535,000 $655,000 22% WEST SHORE NON-LAKEFRONT Average Sold Price $641,221 $825,859 29% Average Days on Market 103 59-43% Highest Sold Price $1,890,000 $3,000,000 59% Lowest Sold Price $205,000 $435,000 112% Properties Sold 38 41 8% % Sold Price to Average List Price 97% 97% 1% Total Dollar Volume Sold $24,366,400 $33,860,234 39%
NORTH & WEST SHORE LAKE TAHOE MICRO MARKET STATS Median Price $388,750 $409,000 5% NORTH SHORE condos Average Sold Price $507,797 $496,547-2% Average Days on Market 109 98-10% Highest Sold Price $1,625,000 $1,185,000-27% Lowest Sold Price $86,500 $175,000 102% Properties Sold 42 37-12% % Sold Price to Average List Price 97% 97% 1% Total Dollar Volume Sold $21,327,500 $18,372,250-14% Median Price $825,000 $1,350,000 64% Average Sold Price $889,982 $1,370,000 54% WEST SHORE condos Average Days on Market 131 22-83% Highest Sold Price $1,797,000 $2,750,000 53% Lowest Sold Price $200,000 $540,000 170% Properties Sold 7 5-29% % Sold Price to Average List Price 91% 97% 7% Total Dollar Volume Sold $6,215,875 $6,850,000 10%
NORTH & WEST SHORE LAKE TAHOE MICRO MARKET STATS SQUAW VALLEY Median Price $986,250 $1,100,000 12% Average Sold Price $1,141,587 $1,265,628 11% Average Days on Market 389 315-19% Highest Sold Price $1,800,000 $2,150,000 19% Lowest Sold Price $600,000 $727,600 21% Properties Sold 8 7-13% % Sold Price to Average List Price 94% 92% -2% Total Dollar Volume Sold $9,132,700 $8,859,400-3% SQUAW VALLEY condos Median Price $480,000 $475,000-1% Average Sold Price $559,634 $467,652-16% Average Days on Market 194 244 26% Highest Sold Price $1,710,000 $851,500-50% Lowest Sold Price $146,000 $175,000 20% Properties Sold 26 25-4% % Sold Price to Average List Price 96% 97% 1% Total Dollar Volume Sold $14,550,500 $11,691,300-20% THE VILLAGE AT SQUAW condos Median Price $412,500 $562,000 36% Average Sold Price $681,500 $539,185-21% Average Days on Market 147 92-37% Highest Sold Price $1,710,000 $851,500-50% Lowest Sold Price $286,000 $292,800 2% Properties Sold 8 7-13% % Sold Price to Average List Price 95% 97% 2% Total Dollar Volume Sold $5,452,000 $3,774,300-31%
NORTH & WEST SHORE LAKE TAHOE MICRO MARKET STATS ALPINE MEADOWS Median Price $612,000 $1,025,000 67% Average Sold Price $740,500 $1,012,500 37% Average Days on Market 106 137 29% Highest Sold Price $1,388,000 $1,200,000-14% Lowest Sold Price $350,000 $800,000 129% Properties Sold 4 4 0% % Sold Price to Average List Price 94% 93% -2% Total Dollar Volume Sold $2,962,000 $4,050,000 37% Median Price $465,000 $404,000-13% ALPINE MEADOWS condos Average Sold Price $465,000 $404,000-13% Average Days on Market 77 582 656% Highest Sold Price $465,000 $419,000-10% Lowest Sold Price $465,000 $389,000-16% Properties Sold 1 2 100% % Sold Price to Average List Price 98% 99% 1% Total Dollar Volume Sold $465,000 $808,000 74%
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 96161 SQUAW VALLEY 1750 Village East Road #63B Olympic Valley, CA 96146 HEAVENLY / STATELINE 1001 Heavenly Village Way #36A South Lake Tahoe, CA 96150 INCLINE VILLAGE 570 Lakeshore Boulevard Incline Village, NV 89451 Lake Tahoe Carson City TAHOE DONNER 11382 Northwoods Boulevard Truckee, CA 96161 DOWNTOWN TRUCKEE 10044 Donner Pass Road Truckee, CA 96161 TAHOE CITY - GALLERY 695 North Lake Boulevard Tahoe City, CA 96145 TAHOE CITY - LAKESIDE 950 North Lake Boulevard Tahoe City, CA 96145 SOUTH LAKE TAHOE 2247 Lake Tahoe Boulevard South Lake Tahoe, CA 96150 THE SUMMIT AT RENO 13945 S. Virginia Street #606 Reno, NV 89511
LIVE INSPIRED The location, the style, the feeling you get when you walk through the door every aspect of your home should be a reflection of who you are, where you ve been, and the life you aspire to live. Your best life begins with a home that inspires you. 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# 02018110