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MICRO MARKET REPORT E AST 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


EAST SHORE LAKE TAHOE NEIGHBORHOODS

5

4

3

2 6 1

1 Stateline

3 Skyland

5 Glenbrook

2 Zephyr Cove/Round Hill

4 Cave Rock

6 Kingsbury Grade

EAST SHORE LAKE TAHOE, Q1 2018

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


EAST SHORE LAKE TAHOE

| MICRO MARKET STATS

EAST SHORE | Q1 2018 Market Overview 2017

st

Li to le Sa

r
 ve O ld ts So ni U $1M 
 er nd U ld ts So ni U $1M

%


 l $ ld ta So To me lu Vo 


ts ni lU ta old To S

s
 ay t D e g. ark Av n M o


 les Sa g. ice Av Pr

EAST SHORE LAKE TAHOE, Q1 2018

2018

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


EAST SHORE LAKE TAHOE

| MICRO MARKET STATS

January through March

LAKEFRONT single family

2017

2018

Change

Median Price

$0

$5,500,000

$0

Average Sold Price

$0

$7,098,333

$0

0

533

0

Highest Sold Price

$0

$13,145,000

$0

Lowest Sold Price

$0

$2,650,000

$0

0

3

0

% Sold Price to Average List Price

0%

107%

0%

Total Dollar Volume Sold

$0

$21,295,000

$0

Average Days on Market

Properties Sold

January through March

ALL NON-LAKEFRONT single family

2017

2018

Change

Median Price

$932,500

$810,000

-13%

Average Sold Price

$1,137,909

$1,067,231

-6%

237

185

-22%

Highest Sold Price

$2,500,000

$3,700,000

48%

Lowest Sold Price

$290,000

$355,000

22% 50%

Average Days on Market

Properties Sold

22

33

92%

96%

4%

$25,034,000

$35,218,650

41%

2017

2018

Change

Median Price

$375,000

$398,000

6%

Average Sold Price

$439,329

$449,890

2%

241

118

-51%

Highest Sold Price

$1,410,000

$1,325,000

-6%

Lowest Sold Price

$180,000

$209,000

16%

% Sold Price to Average List Price Total Dollar Volume Sold

January through March

LAKEFRONT/ NON-LAKEFRONT condos

Average Days on Market

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

EAST SHORE LAKE TAHOE, Q1 2018

22

24

9%

97%

97%

0%

$9,665,250

$10,797,375

12%

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


EAST SHORE LAKE TAHOE

| MICRO MARKET STATS

January through March

STATELINE/ KINGSBURY GRADE single family

2017

2018

Change

Median Price

$490,000

$804,250

64%

Average Sold Price

$579,055

$1,144,758

98%

182

208

14%

Highest Sold Price

$1,150,000

$3,700,000

222%

Lowest Sold Price

$290,000

$495,000

71%

9

18

100%

93%

96%

3%

$5,211,500

$20,605,650

295%

2017

2018

Change

Median Price

$1,400,000

$780,000

-44%

Average Sold Price

$1,515,937

$891,769

-41%

209

154

-26%

Highest Sold Price

$2,500,000

$1,525,000

-39%

Lowest Sold Price

$677,500

$355,000

-48%

8

13

63%

91%

95%

4%

$12,127,500

$11,593,000

-4%

Average Days on Market

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

January through March

ZEPHYR COVE / ROUND HILL single family

Average Days on Market

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

EAST SHORE LAKE TAHOE, Q1 2018

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


EAST SHORE LAKE TAHOE

| MICRO MARKET STATS

January through March

2017

2018

Change

Median Price

$1,550,000

$1,040,000

-33%

Average Sold Price

$1,223,333

$990,000

-19%

175

164

-6%

Highest Sold Price

$1,700,000

$1,525,000

-10%

Lowest Sold Price

$420,000

$355,000

-15%

3

4

33%

96%

96%

0%

$3,670,000

$3,960,000

8%

2017

2018

Change

Median Price

$1,950,000

$1,335,000

-32%

GLENBROOK

Average Sold Price

$1,908,333

$1,266,666

-34%

505

186

-63%

single family

Highest Sold Price

$2,375,000

$1,665,000

-30%

Lowest Sold Price

$1,400,000

$800,000

-43%

3

3

0%

91%

95%

5%

$5,725,000

$3,800,000

-34%

SKYLAND single family

Average Days on Market

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

January through March

Average Days on Market

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

EAST SHORE LAKE TAHOE, Q1 2018

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


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.

EAST 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


WE ARE. THE VOICE OF TAHOE REAL ESTATE

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INCLINE VILLAGE

|

SOUTH LAKE TAHOE

|

SQUAW VALLEY

|

TAHOE CITY

|

TAHOE DONNER

|

DOWNTOWN TRUCKEE

HEAVENLY VILLAGE/STATELINE | NORTHSTAR | THE SUMMIT, RENO | CA BRE# 02018110

East Shore Q1 2018 Real Estate Market Stats  

First Quarter real estate market stats for the East Shore of Lake Tahoe including Zephyr Cove, Glenbrook, Cave Rock and Kingsbury Grade.

East Shore Q1 2018 Real Estate Market Stats  

First Quarter real estate market stats for the East Shore of Lake Tahoe including Zephyr Cove, Glenbrook, Cave Rock and Kingsbury Grade.