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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 9

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


MARKET SNAPSHOT Single Family Average Sold Price Quarter 1 2019

7%

1%

LAKEFRONT

NON-LAKEFRONT

2018....... $4,098,333

2018....... $1,058,783

2019....... $4,400,000

2019....... $1,064,962

29 %

18 %

STATELINE/ KINGSBURY GRADE

ZEPHYR COVE / ROUND HILL

2018....... $1,144,758

2018....... $848,111

2019....... $808,756

2019....... $1,000,000

4%

83 %

SKYLAND

GLENBROOK

2018....... $952,000

2018....... $1,500,000

2019....... $910,625

2019....... $2,746,666

EAST SHORE LAKE TAHOE, Q1 2019

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

2018

2019

Change

Median Price

$5,500,000

$4,400,000

-20%

Average Sold Price

$4,098,333

$4,400,000

7%

533

108

-80% -67%

Average Days on Market Highest Sold Price

$13,145,000

$4,400,000

Lowest Sold Price

$2,650,000

$2,600,000

-2%

3

2

-33%

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

January through March

ALL NON-LAKEFRONT single family

2018

2019

Change

$850,000

6%

Average Sold Price

$1,058,783

$1,064,962

1%

186

188

1%

Highest Sold Price

$3,700,000

$4,400,000

19%

Lowest Sold Price

$355,000

$300,000

-15% -9%

Average Days on Market

Properties Sold

34

31

96%

95%

0%

$35,998,650

$33,013,850

-8%

2018

2019

Change

Median Price

$398,000

$418,000

5%

Average Sold Price

$449,890

$397,838

-12%

118

127

8%

Highest Sold Price

$1,325,000

$550,900

-58%

Lowest Sold Price

$209,000

$219,700

5%

24

17

-29%

97%

99%

1%

$10,797,375

$6,712,250

-38%

% Sold Price to Average List Price

Average Days on Market

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

EAST SHORE LAKE TAHOE, Q1 2019

58% 99%

$805,000

January through March

condos

98% $87,215,500

Median Price

Total Dollar Volume Sold

LAKEFRONT/ NON-LAKEFRONT

62% $43,925,000

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

2018

2019

Change

Median Price

$804,250

$690,000

-14%

Average Sold Price

$1,144,758

$808,756

-29%

208

159

-24%

Highest Sold Price

$3,700,000

$1,751,000

-53%

Lowest Sold Price

$495,000

$300,000

-39%

18

15

-17%

96%

95%

-1%

$20,605,650

$12,131,350

-41%

2018

2019

Change

Median Price

$700,000

$1,000,000

43%

Average Sold Price

$848,111

$1,000,000

18%

150

144

-4%

Highest Sold Price

$1,520,000

$1,450,000

-5%

Lowest Sold Price

$474,000

$565,000

19%

9

9

0%

95%

96%

1%

$7,633,000

$9,000,000

18%

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 2019

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

2018

2019

Change

Median Price

$835,000

$942,250

13%

Average Sold Price

$952,000

$910,625

-4%

142

352

148%

Highest Sold Price

$1,525,000

$1,315,000

-14%

Lowest Sold Price

$355,000

$443,000

25%

5

4

-20%

96%

98%

2%

$4,760,000

$3,642,500

-23%

2018

2019

Change

Median Price

$1,500,000

$2,350,000

57%

GLENBROOK

Average Sold Price

$1,500,000

$2,746,666

83%

254

245

-4%

single family

Highest Sold Price

$1,665,000

$4,400,000

164%

Lowest Sold Price

$1,335,000

$1,490,000

12%

2

3

50%

95%

95%

0%

$3,000,000

$8,240,000

175%

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 2019

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 2019

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# 02019110

Profile for Sierra Sotheby's International Realty

East Shore Lake Tahoe 2019 Q1 Real Estate Report  

2019 Q1 real estate market stats for the East Shore of Lake Tahoe including Zephyr Cove, Glenbrook, Cave Rock, Stateline and Kingsbury Grade...

East Shore Lake Tahoe 2019 Q1 Real Estate Report  

2019 Q1 real estate market stats for the East Shore of Lake Tahoe including Zephyr Cove, Glenbrook, Cave Rock, Stateline and Kingsbury Grade...