Page 1

MICROMARKET REPORT |

TAHOE LAKEFRONTS • YEAR END 2019


NORTH SHORE LAKEFRONT market update SINGLE FAMILY HOMES January through December

2018

2019

5 YEAR TRENDS % Change

$3,420,000

$4,287,500

25%

$3,567,182

$4,008,333

12%

163

154

-6%

Highest Sold Price

$5,386,370

$5,475,000

2%

Lowest Sold Price

$1,750,000

$1,000,000

-43%

13

6

-54%

97%

96%

-1%

$46,373,370

$24,050,000

-48%

Median Price Average Sold Price Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

January through December Median Price Properties Sold

2015

2016

2017

$3,800,000

$2,526,750

11

2

2018

2019

$3,500,000 $3,420,000 12

13

$4,287,500 6

Pictured: Ritz-Carlton, Lake Tahoe Beach Club

sierrasothebysrealty.com

Based on Information from Tahoe Sierra MLS MLS. This representation is based in whole or in part on data supplied by Tahoe Sierra MLS MLS. Tahoe Sierra MLS MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by Tahoe Sierra MLS MLS may not reflect all real estate activity in the market.

MICROMARKET REPORT | Tahoe Lakefronts JANUARY - DECEMBER 2019 • TAHOEMICROREPORTS.COM


WEST SHORE LAKEFRONT market update SINGLE FAMILY HOMES January through December

2018

2019

5 YEAR TRENDS % Change

Median Price

$6,997,500

$8,750,000

25%

Average Sold Price

$10,617,857

$11,781,428

11%

148

144

-3%

Highest Sold Price

$40,000,000

$37,000,000

-8%

Lowest Sold Price

$1,470,000

$3,435,000

134%

14

8

-43%

93%

103%

10%

$148,650,000

$82,470,000

-45%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

January through December Median Price Properties Sold

2015

2016

2017

2018

$5,250,000 $4,900,000 $4,000,000 13

13

13

2019

$6,997,500

$8,750,000

14

8

Pictured: Fleur De Lac Estates

sierrasothebysrealty.com

Based on Information from Tahoe Sierra MLS MLS. This representation is based in whole or in part on data supplied by Tahoe Sierra MLS MLS. Tahoe Sierra MLS MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by Tahoe Sierra MLS MLS may not reflect all real estate activity in the market.

MICROMARKET REPORT | Tahoe Lakefronts JANUARY - DECEMBER 2019 • TAHOEMICROREPORTS.COM


SOUTH SHORE LAKEFRONT market update SINGLE FAMILY HOMES January through December

2018

Median Price

$857,500

$2,250,000

162%

Average Sold Price

$857,500

$2,921,955

241%

258

88

-66%

Highest Sold Price

$975,000

$5,800,000

495%

Lowest Sold Price

$740,000

$344,000

-54%

2

11

450%

98%

96%

-2%

$1,715,000

$32,141,500

1774%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

sierrasothebysrealty.com

2019

5 YEAR TRENDS % Change

January through December Median Price Properties Sold

Based on Information from South Lake Tahoe MLS MLS. This representation is based in whole or in part on data supplied by South Lake Tahoe MLS MLS. South Lake Tahoe MLS MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by South Lake Tahoe MLS MLS may not reflect all real estate activity in the market.

2015

2016

2017

2018

2019

4

5

4

2

11

$3,250,000

$1,735,000

$1,850,000

$857,500

$2,250,000

MICROMARKET REPORT | Tahoe Lakefronts JANUARY - DECEMBER 2019 • TAHOEMICROREPORTS.COM


EAST SHORE LAKEFRONT market update SINGLE FAMILY HOMES January through December

2018

2019

5 YEAR TRENDS % Change

Median Price

$5,710,000

$4,550,000

-20%

Average Sold Price

$6,195,033

$4,790,833

-23%

352

127

-64%

Highest Sold Price

$13,145,000

$5,995,000

-54%

Lowest Sold Price

$2,600,000

$4,250,000

63%

15

6

-60%

97%

97%

0%

$92,925,500

$28,745,000

-69%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

sierrasothebysrealty.com

January through December Median Price Properties Sold

Based on Information from Regional MLS. This representation is based in whole or in part on data supplied by Regional MLS. Regional MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by Regional MLS may not reflect all real estate activity in the market.

2015

2016

5

2017

7

2018

2019

7

15

6

$3,400,000 $5,000,000 $4,900,000

$5,710,000

$4,550,000

MICROMARKET REPORT | Tahoe Lakefronts JANUARY - DECEMBER 2019 • TAHOEMICROREPORTS.COM


INCLINE VILLAGE / CRYSTAL BAY LAKEFRONT market update SINGLE FAMILY HOMES January through December

2018

2019

5 YEAR TRENDS % Change

$5,710,000

$14,375,000

152%

$12,694,286

$14,600,000

15%

305

248

-19%

Highest Sold Price

$36,500,000

$24,500,000

-33%

Lowest Sold Price

$4,900,000

$5,150,000

5%

7

4

-43%

96%

94%

-2%

$88,860,000

$58,400,000

-34%

Median Price Average Sold Price Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

sierrasothebysrealty.com

January through December Median Price Properties Sold

Based on Information from Incline Village MLS MLS. This representation is based in whole or in part on data supplied by Incline Village MLS MLS. Incline Village MLS MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by Incline Village MLS MLS may not reflect all real estate activity in the market.

2015

2016

2017

2018

2019

$3,548,000

$9,500,000

$9,300,000

$5,710,000

$14,375,000

3

3

6

7

4

MICROMARKET REPORT | Tahoe Lakefronts JANUARY - DECEMBER 2019 • TAHOEMICROREPORTS.COM


The life you love.

sierrasothebysrealty.com | tahoemicroreports.com Based on Information from the Regional MLS. This representation is based in whole or in part on data supplied by the Regional MLS. the Regional MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by the Regional MLS may not reflect all real estate activity in the market.