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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 2 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, Q2 2018

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


Q2 Overall Market Comparison Total Dollar Volume Sold 2017

2018

$254.2 Million

$14.7 Million

$313.7 Million

$120.9 Million

$201.3 Million

$242.8 Million

$428.6 Million

$197.1 Million

$1.2 Billion

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Q2 Overall Market Comparison Total Units Sold

2017

2018

353

53

192

192

205

391

533

699

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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. 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 June

NORTH SHORE LAKEFRONT single family

2017

2018

Change

Median Price

$4,537,500

$3,337,500

-26%

Average Sold Price

$4,537,500

$3,368,921

-26%

88

250

184%

Highest Sold Price

$5,725,000

$5,386,370

-6%

Lowest Sold Price

$3,350,000

$1,750,000

-48%

2

8

300%

97%

96%

-1%

$9,075,000

$26,951,370

197%

2017

2018

Change

Median Price

$690,000

$600,000

-13%

Average Sold Price

$740,347

$860,529

16%

85

74

-13%

Highest Sold Price

$1,700,000

$5,050,000

197%

Lowest Sold Price

$298,000

$299,000

0%

67

65

-3%

98%

97%

-1%

$49,603,284

$55,934,438

13%

Average Days on Market

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

January through June

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, Q2 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 June

WEST SHORE LAKEFRONT single family

2017

2018

Change

Median Price

$5,750,000

$6,125,000

7%

Average Sold Price

$8,282,600

$13,796,250

67%

104

148

42%

Highest Sold Price

$15,000,000

$40,000,000

167%

Lowest Sold Price

$1,688,000

$2,935,000

74%

5

4

-20%

91%

91%

0%

$41,413,000

$55,185,000

33%

2017

2018

Change

Median Price

$535,000

$655,000

22%

Average Sold Price

$641,221

$825,859

29%

103

59

-43%

Highest Sold Price

$1,890,000

$3,000,000

59%

Lowest Sold Price

$205,000

$435,000

112%

38

41

8%

97%

97%

1%

$24,366,400

$33,860,234

39%

Average Days on Market

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

January through June

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, Q2 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 June

NORTH SHORE condos

2017

2018

Change

Median Price

$388,750

$409,000

5%

Average Sold Price

$507,797

$496,547

-2%

109

98

-10%

Highest Sold Price

$1,625,000

$1,185,000

-27%

Lowest Sold Price

$86,500

$175,000

102%

42

37

-12%

97%

97%

1%

$21,327,500

$18,372,250

-14%

2017

2018

Change

Median Price

$825,000

$1,350,000

64%

Average Sold Price

$889,982

$1,370,000

54%

131

22

-83%

Highest Sold Price

$1,797,000

$2,750,000

53%

Lowest Sold Price

$200,000

$540,000

170%

7

5

-29%

91%

97%

7%

$6,215,875

$6,850,000

10%

Average Days on Market

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

January through June

Average Days on Market

WEST SHORE condos

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

NORTH & WEST SHORE LAKE TAHOE, Q2 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 June

SQUAW VALLEY single family

2017

2018

Change

Median Price

$986,250

$1,100,000

12%

Average Sold Price

$1,141,587

$1,265,628

11%

389

315

-19%

Highest Sold Price

$1,800,000

$2,150,000

19%

Lowest Sold Price

$600,000

$727,600

21%

8

7

-13%

94%

92%

-2%

$9,132,700

$8,859,400

-3%

Change

Average Days on Market

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

January through June

SQUAW VALLEY condos

2017

2018

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%

26

25

-4%

Properties Sold % Sold Price to Average List Price

96%

97%

1%

$14,550,500

$11,691,300

-20%

2017

2018

Change

Median Price

$412,500

$562,000

36%

Average Sold Price

$681,500

$539,185

-21%

Total Dollar Volume Sold

January through June

THE VILLAGE AT SQUAW condos

Average Days on Market

147

92

-37%

Highest Sold Price

$1,710,000

$851,500

-50%

Lowest Sold Price

$286,000

$292,800

2%

8

7

-13%

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

NORTH & WEST SHORE LAKE TAHOE, Q2 2018

95%

97%

2%

$5,452,000

$3,774,300

-31%

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 June

ALPINE MEADOWS single family

2017

2018

Change

Median Price

$612,000

$1,025,000

67%

Average Sold Price

$740,500

$1,012,500

37%

106

137

29%

Highest Sold Price

$1,388,000

$1,200,000

-14%

Lowest Sold Price

$350,000

$800,000

129%

4

4

0%

94%

93%

-2%

$2,962,000

$4,050,000

37%

2017

2018

Change

Median Price

$465,000

$404,000

-13%

Average Sold Price

$465,000

$404,000

-13%

77

582

656%

Highest Sold Price

$465,000

$419,000

-10%

Lowest Sold Price

$465,000

$389,000

-16%

1

2

100%

98%

99%

1%

$465,000

$808,000

74%

Average Days on Market

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

January through June

ALPINE MEADOWS condos

Average Days on Market

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

NORTH & WEST SHORE LAKE TAHOE, Q2 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

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.

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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

Q2 2018 Real Estate Market Data - North & West Shore Lake Tahoe  

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

Q2 2018 Real Estate Market Data - North & West Shore Lake Tahoe  

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