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MICROMARKET

REPORT North & West Shore Lake Tahoe | 1st Quarter 2017

TA H O E M I C R O R E P O R TS . C O M


NORTH AND WEST SHORE LAKE TAHOE NEIGHBORHOODS

1 2

3

4

1. Lake Tahoe - North Shore 2. Squaw Valley 3. Alpine Meadows 4. Lake Tahoe - West Shore

MICROMARKETREPORT |NORTH&WESTSHORE QUARTER 1 2017 | TAHOEMICROREPORTS.COM


NORTH & WEST SHORE | MARKETS BY AREA

NORTH SHORE - LAKEFRONT

Single Family

Single Family

January through March

2016

2017

% Change

Median Price

$2,526,750

$3,350,000

33%

Average Sold Price

$2,526,750

$3,350,000

33%

Average Days on Market

228

177

-22%

Highest Sold Price

$2,958,500

$3,350,000

13%

Lowest Sold Price

$2,095,000

$3,350,000

60%

2

1

-50%

81%

92%

13%

$5,053,500

$3,350,000

-34%

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

NORTH SHORE - NONLAKEFRONT January through March Median Price

Single Family

Average Sold Price

Single Family

2016

2017

$520,000

$628,023

21%

$601,217

$663,401

10%

Average Days on Market

84

97

15%

Highest Sold Price

$1,364,000

$1,220,000

-11%

Lowest Sold Price

$213,000

$365,000

71%

Properties Sold

31

28

-10%

98%

98%

0%

$18,637,750

$18,575,234

0%

% Sold Price to Average List Price Total Dollar Volume Sold

NORTH SHORE

Condos

January through March

2016

2017

% Change

Median Price

$272,610

$376,250

38%

Average Sold Price

$251,001

$536,250

114%

128

139

9%

Highest Sold Price

$359,000

$1,250,000

248%

Lowest Sold Price

$88,000

$86,500

-2%

9

18

100%

Average Days on Market

Condos

% Change

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

96%

96%

0%

$2,259,010

$9,352,500

314%

MICROMARKETREPORT |NORTH&WESTSHORE QUARTER 1 2017 | TAHOEMICROREPORTS.COM


NORTH & WEST SHORE | MARKETS BY AREA

WEST SHORE LAKEFRONT

Single Family

January through March

2016

2017

% Change

$6,000,000

$14,487,500

141%

$5,497,666

$14,487,500

164%

120

29

-76%

Highest Sold Price

$7,103,000

$15,000,000

111%

Lowest Sold Price

$3,390,000

$13,975,000

312%

3

2

-33%

Median Price

Single Family

Average Sold Price Average Days on Market

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

92%

91%

-2%

$16,493,000

$28,975,000

76%

WEST SHORE - NONLAKEFRONT

Single Family

January through March

Single Family

2016

2017

% Change

Median Price

$555,500

$540,000

-3%

Average Sold Price

$603,806

$633,494

5%

151

160

6%

Highest Sold Price

$1,000,000

$1,890,000

89%

Lowest Sold Price

$220,000

$215,000

-2%

16

19

19%

Average Days on Market

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

95%

96%

1%

$9,660,900

$12,036,400

25%

WEST SHORE

Condos (All)

Condos (All)

January through March

2016

2017

% Change

Median Price

$356,900

$815,937

129%

Average Sold Price

$390,950

$815,937

109%

123

265

115%

Highest Sold Price

$655,000

$1,431,875

119%

Lowest Sold Price

$195,000

$200,000

3%

4

2

-50%

98%

90%

-8%

$1,563,800

$1,631,875

4%

Average Days on Market

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

MICROMARKETREPORT |NORTH&WESTSHORE QUARTER 1 2017 | TAHOEMICROREPORTS.COM


NORTH & WEST SHORE | MARKETS BY AREA

SQUAW VALLEY

Single Family

Single Family

January through March

2016

2017

Median Price

$2,845,000

$945,200

-67%

Average Sold Price

$2,845,000

$1,178,400

-59%

37

801

2065%

Highest Sold Price

$3,890,000

$1,800,000

-54%

Lowest Sold Price

$1,800,000

$790,000

-56%

Average Days on Market

Properties Sold

2

3

50%

96%

93%

-3%

$5,690,000

$3,535,200

-38%

% Sold Price to Average List Price Total Dollar Volume Sold

SQUAW VALLEY

Condos

January through March

2016

2017

% Change

Median Price

$304,500

$385,000

26%

Average Sold Price

$369,200

$585,500

59%

Condos

Average Days on Market

273

126

-54%

Highest Sold Price

$725,000

$1,710,000

136%

Lowest Sold Price

$155,000

$146,000

-6%

Properties Sold

10

12

20%

95%

95%

0%

$3,692,000

$7,026,000

90%

% Sold Price to Average List Price Total Dollar Volume Sold

THE VILLAGE AT SQUAW

Condos

January through March

2016

2017

% Change

Median Price

$629,000

$422,500

-33%

Average Sold Price

$629,000

$776,166

23%

Average Days on Market

Condos

% Change

42

130

210%

Highest Sold Price

$629,000

$1,710,000

172%

Lowest Sold Price

$629,000

$286,000

-55%

Properties Sold

1

6

500%

97%

94%

-3%

$629,000

$4,657,000

640%

% Sold Price to Average List Price Total Dollar Volume Sold

MICROMARKETREPORT |NORTH&WESTSHORE QUARTER 1 2017 | TAHOEMICROREPORTS.COM


NORTH & WEST SHORE | MARKETS BY AREA

ALPINE MEADOWS

Single Family

Single Family

January through March

2016

2017

% Change

Median Price

$750,000

$525,000

-30%

Average Sold Price

$818,333

$525,000

-36%

96

100

4%

Highest Sold Price

$1,160,000

$525,000

-55%

Lowest Sold Price

$545,000

$525,000

-4%

3

1

-67%

Average Days on Market

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

95%

96%

0%

$2,455,000

$525,000

-79%

KINGS BEACH LAKEFRONT

All Properties

All Properties

January through March

2016

2017

% Change

Median Price

$2,095,000

$0

-100%

Average Sold Price

$2,095,000

$0

-100%

221

$0

-100%

Highest Sold Price

$2,095,000

$0

-100%

Lowest Sold Price

$2,095,000

$0

-100%

1

0

-100%

70%

0%

-100%

$2,095,000

$0

$0

Average Days on Market

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

KINGS BEACH LAKEFRONT

All Properties

All Properties

January through March

2016

2017

% Change

Median Price

$445,000

$530,000

19%

Average Sold Price

$454,036

$541,686

19%

96

104

8%

Highest Sold Price

$1,050,000

$1,150,000

10%

Lowest Sold Price

$88,000

$86,500

-2%

Average Days on Market

Properties Sold

22

28

27%

96%

98%

2%

$9,991,000

$15,167,234

52%

% Sold Price to Average List Price Total Dollar Volume Sold

MICROMARKETREPORT |NORTH&WESTSHORE QUARTER 1 2017 | TAHOEMICROREPORTS.COM


LUXURY REAL ESTATE EXPERTS TAHOE DONNER

11382 Northwoods Boulevard Truckee, CA 96161 530.587.3505

NORTHSTAR VILLAGE 4001 Northstar Drive #4105 Truckee, CA 96161 530.562.0675

DOWNTOWN TRUCKEE 10044 Donner Pass Road Truckee, CA 96161 530.587.3500

INCLINE VILLAGE 570 Lakeshore Boulevard Incline Village, CA 89451 775.832.4900

SQUAW VALLEY

Carson

1750Village East Road #63B CityOlympic Valley, CA 96146 530.581.1800

TAHOE CITY LAKESIDE 950 North Lake Boulevard Tahoe City, CA 96145 530.583.4004

TAHOE CITY GALLERY

695 North Lake Boulevard Tahoe City, CA 96145 530.282.1436

SOUTH LAKE TAHOE 2247 Lake Tahoe Boulevard South Lake Tahoe, 96150 530.494.7600

HEAVENLY VILLAGE

1001 Heavenly Village Way, Suite #36A South Lake Tahoe, CA 96150 530.541.4002

MICROMARKETREPORT |NORTH&WESTSHORE QUARTER 1 2017 | TAHOEMICROREPORTS.COM


Lake. Ski. Golf. Farm & Ranch.

tahoemicroreports.com | sierrasothebysrealty.com

North & West Shore 2017 Q1 Micro Market Report  

Lake Tahoe, Truckee and surrounding area real estate market trends can vary dramatically from neighborhood to neighborhood. Sierra Sotheby’s...

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