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MICRO MARKET REPORT N O RT H & W EST S H O R E L A K E TA H O E Q UA RT E R 1 20 1 8

TA H O E M I C RO R E P O RTS.CO M


NORTH & WEST SHORE LAKE TAHOE NEIGHBORHOODS

1

3

4

2

1 North Shore - Lake Tahoe

3 Squaw Valley

2 West Shore - Lake Tahoe

4 Alpine Meadows

NORTH & WEST SHORE LAKE TAHOE, Q1 2018

TA H O E M I C RO R E P O RTS.CO M


NORTH & WEST SHORE LAKE TAHOE

NORTH & WEST SHORE LAKE TAHOE, Q1 2018

| MICRO MARKET STATS

TA H O E M I C RO R E P O RTS.CO M


NORTH & WEST SHORE LAKE TAHOE

| MICRO MARKET STATS

January through March

NORTH SHORE LAKEFRONT single family

2017

2018

Change

Median Price

$3,350,000

$3,095,000

-8%

Average Sold Price

$3,350,000

$3,095,000

-8%

177

171

-3%

Highest Sold Price

$3,350,000

$3,770,000

13%

Lowest Sold Price

$3,350,000

$2,420,000

-28%

1

2

100%

92%

95%

4%

$3,350,000

$6,190,000

85%

2017

2018

Change

Median Price

$628,023

$562,000

-11%

Average Sold Price

$663,401

$772,144

16%

97

78

-20%

Highest Sold Price

$1,220,000

$2,950,000

142%

Lowest Sold Price

$365,000

$299,000

-18%

28

31

11%

98%

96%

-2%

$18,575,234

$23,936,493

29%

Average Days on Market

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

January through March

NORTH SHORE NON-LAKEFRONT single family

Average Days on Market

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

NORTH & WEST SHORE LAKE TAHOE, Q1 2018

TA H O E M I C RO R E P O RTS.CO M


NORTH & WEST SHORE LAKE TAHOE

| MICRO MARKET STATS

January through March

WEST SHORE LAKEFRONT single family

2017

2018

Change

Median Price

$14,487,500

$4,750,000

-67%

Average Sold Price

$14,487,500

$5,061,666

-65%

29

198

583%

Highest Sold Price

$15,000,000

$7,500,000

-50%

Lowest Sold Price

$13,975,000

$2,935,000

-79%

2

3

50%

91%

98%

8%

$28,975,000

$15,185,000

-48%

2017

2018

Change

Median Price

$540,000

$642,000

19%

Average Sold Price

$628,820

$701,785

12%

164

103

-37%

Highest Sold Price

$1,890,000

$1,250,000

-34%

Lowest Sold Price

$215,000

$525,000

144%

20

14

-30%

96%

97%

1%

$12,576,400

$9,825,000

-22%

Average Days on Market

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

January through March

WEST SHORE NON-LAKEFRONT single family

Average Days on Market

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

NORTH & WEST SHORE LAKE TAHOE, Q1 2018

TA H O E M I C RO R E P O RTS.CO M


NORTH & WEST SHORE LAKE TAHOE

| MICRO MARKET STATS

January through March

NORTH SHORE condos

2017

2018

Change

Median Price

$376,250

$407,000

8%

Average Sold Price

$536,250

$486,767

-9%

139

109

-22%

Highest Sold Price

$1,250,000

$1,185,000

-5%

Lowest Sold Price

$86,500

$210,000

143%

18

14

-22%

96%

97%

1%

$9,652,500

$6,814,750

-29%

2017

2018

Change

Median Price

$815,937

$1,400,000

72%

Average Sold Price

$815,937

$1,522,500

87%

265

25

-91%

Highest Sold Price

$1,431,875

$2,750,000

92%

Lowest Sold Price

$200,000

$540,000

170%

2

4

100%

90%

97%

8%

$1,631,875

$6,090,000

273%

Average Days on Market

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

January through March

Average Days on Market

WEST SHORE condos

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

NORTH & WEST SHORE LAKE TAHOE, Q1 2018

TA H O E M I C RO R E P O RTS.CO M


NORTH & WEST SHORE LAKE TAHOE

| MICRO MARKET STATS

January through March

SQUAW VALLEY single family

2017

2018

Change

Median Price

$945,200

$0

-100%

Average Sold Price

$1,178,400

$0

-100%

801

0

-100%

Highest Sold Price

$1,800,000

$0

-100%

Lowest Sold Price

$790,000

$0

-100%

3

0

-100%

93%

#DIV/0!

#DIV/0!

$3,535,200

$0

-100%

Change

Average Days on Market

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

January through March

SQUAW VALLEY condos

2017

2018

Median Price

$385,000

$365,000

-5%

Average Sold Price

$585,500

$435,120

-26%

Average Days on Market

126

251

99%

Highest Sold Price

$1,710,000

$810,000

-53%

Lowest Sold Price

$146,000

$175,000

20%

12

15

25%

Properties Sold % Sold Price to Average List Price

95%

96%

1%

$7,026,000

$6,526,800

-7%

2017

2018

Change

Median Price

$422,500

$469,500

11%

Average Sold Price

$776,166

$510,450

-34%

Total Dollar Volume Sold

January through March

THE VILLAGE AT SQUAW condos

Average Days on Market

130

46

-65%

Highest Sold Price

$1,710,000

$810,000

-53%

Lowest Sold Price

$286,000

$292,800

2%

6

4

-33%

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

NORTH & WEST SHORE LAKE TAHOE, Q1 2018

94%

98%

3%

$4,657,000

$2,041,800

-56%

TA H O E M I C RO R E P O RTS.CO M


NORTH & WEST SHORE LAKE TAHOE

| MICRO MARKET STATS

January through March

ALPINE MEADOWS single family

2017

2018

Change

Median Price

$525,000

$1,150,000

119%

Average Sold Price

$525,000

$1,083,333

106%

100

113

13%

Highest Sold Price

$525,000

$1,200,000

129%

Lowest Sold Price

$525,000

$900,000

71%

1

3

200%

96%

92%

-4%

$525,000

$3,250,000

519%

2017

2018

Change

Median Price

$0

$404,000

$0

Average Sold Price

$0

$404,000

$0

0

582

0!

Highest Sold Price

$0

$419,000

$0

Lowest Sold Price

$0

$389,000

$0

0

2

0

% Sold Price to Average List Price

0%

99%

0

Total Dollar Volume Sold

$0

$808,000

$0

Average Days on Market

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

January through March

ALPINE MEADOWS condos

NORTH & WEST SHORE LAKE TAHOE, Q1 2018

Average Days on Market

Properties Sold

TA H O E M I C RO R E P O RTS.CO M


NORTH & WEST SHORE LAKE TAHOE | MICRO MARKET STATS 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.

NORTH & WEST SHORE LAKE TAHOE, Q1 2018

TA H O E M I C RO R E P O RTS.CO M


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 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


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INCLINE VILLAGE

|

SOUTH LAKE TAHOE

|

SQUAW VALLEY

|

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|

TAHOE DONNER

|

DOWNTOWN TRUCKEE

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North & West Shore 2018 Real Estate Market Stats  

First Quarter 2018 real estate market statistics for North and West Shores of Lake Tahoe stretching from Meeks Bay to Kings Beach and includ...

North & West Shore 2018 Real Estate Market Stats  

First Quarter 2018 real estate market statistics for North and West Shores of Lake Tahoe stretching from Meeks Bay to Kings Beach and includ...