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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 9

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


MARKET SNAPSHOT Average Sold Price Quarter 1 2019

6%

19 %

NORTH SHORE LAKEFRONT SINGLE FAMILY

NORTH SHORE NONLAKEFRONT SINGLE FAMILY

2018....... $3,804,166

2018....... $718,188

2019....... $3,567,182

2019....... $851,068

94 %

15 %

WEST SHORE LAKEFRONT SINGLE FAMILY

WEST SHORE NONLAKEFRONT SINGLE FAMILY

2018....... $5,854,230

2018....... $691,394

2019....... $11,376,928

2019....... $795,675

24 %

41 %

NORTH SHORE CONDO

WEST SHORE CONDO

2018....... $531,627

2018....... $1,047,298

2019....... $393,428

2019....... $1,471,850

8%

6%

SQUAW VALLEY SINGLE FAMILY

SQUAW VALLEY CONDO

2018....... $1,380,276

2018....... $516,421

2019....... $1,271,775

2019....... $484,662

497 %

6%

ALPINE MEADOWS SINGLE FAMILY

ALPINE MEADOWS CONDO

2018....... $771,289

2018....... $436,000

2019....... $4,604,444

2019....... $410,400


NORTH & WEST SHORE LAKE TAHOE

| MICRO MARKET STATS

January through March

NORTH SHORE LAKEFRONT single family

2018

2019

Change

Median Price

$3,095,000

$4,300,000

39%

Average Sold Price

$3,095,000

$4,300,000

39%

171

241

41%

Highest Sold Price

$3,770,000

$4,300,000

14%

Lowest Sold Price

$2,420,000

$4,300,000

78%

2

1

-50%

95%

97%

1%

$6,190,000

$4,300,000

-31%

Average Days on Market

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

January through March

2018

2019

Change

$562,000

$695,000

24%

$772,114

$740,413

-4%

78

78

0%

Highest Sold Price

$2,950,000

$1,575,000

-47%

Lowest Sold Price

$299,000

$235,000

-21%

31

23

-26%

96%

98%

2%

$23,936,493

$17,029,499

-29%

Median Price

NORTH SHORE NON-LAKEFRONT single family

Average Sold Price Average Days on Market

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

NORTH & WEST SHORE LAKE TAHOE, Q1 2019

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

2018

2019

Change

Median Price

$4,750,000

$37,000,000

679%

Average Sold Price

$5,061,666

$37,000,000

631%

198

196

-1%

Highest Sold Price

$7,500,000

$37,000,000

393%

Lowest Sold Price

$2,935,000

$37,000,000

1161%

3

1

-67%

98%

94%

-4%

$15,185,000

$37,000,000

144%

2018

2019

Change

Median Price

$642,000

$600,000

-7%

Average Sold Price

$701,785

$1,003,063

43%

103

110

7%

Highest Sold Price

$1,250,000

$3,400,000

172%

Lowest Sold Price

$525,000

$240,000

-54%

14

12

-14%

97%

95%

-2%

$9,825,000

$12,036,763

23%

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 2019

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

2018

2019

Change

Median Price

$407,000

$360,000

-12%

Average Sold Price

$514,859

$393,428

-24%

119

110

-8%

Highest Sold Price

$1,185,000

$950,000

-20%

Lowest Sold Price

$210,000

$125,000

-40%

16

14

-13%

97%

97%

0%

$8,237,750

$5,508,000

-33%

2018

2019

Change

Median Price

$1,400,000

$265,000

-81%

Average Sold Price

$1,522,500

$326,666

-79%

25

91

264%

Highest Sold Price

$2,750,000

$490,000

-82%

Lowest Sold Price

$540,000

$225,000

-58%

4

3

-25%

97%

98%

1%

$6,090,000

$980,000

-84%

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 2019

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

2018

2019

Change

Median Price

$0

$1,567,500

-100%

Average Sold Price

$0

$1,567,500

-100%

0

133

-100%

Highest Sold Price

$0

$1,600,000

-100%

Lowest Sold Price

$0

$1,535,000

-100%

0

2

-100%

% Sold Price to Average List Price

0%

91%

-100%

Total Dollar Volume Sold

$0

$3,135,000

-100%

Average Days on Market

Properties Sold

January through March

SQUAW VALLEY condos

2018

2019

Change

Median Price

$365,000

$437,500

20%

Average Sold Price

$435,120

$446,166

3% -51%

Average Days on Market

251

122

Highest Sold Price

$810,000

$768,000

-5%

Lowest Sold Price

$175,000

$136,000

-22%

15

12

-20%

Properties Sold % Sold Price to Average List Price

96%

97%

1%

$6,526,800

$5,354,000

-18%

2018

2019

Change

Median Price

$469,500

$730,000

55%

Average Sold Price

$510,450

$730,000

43%

Total Dollar Volume Sold

January through March

THE VILLAGE AT SQUAW condos

Average Days on Market

46

154

235%

Highest Sold Price

$810,000

$730,000

-10%

Lowest Sold Price

$292,800

$730,000

149%

4

1

-75%

98%

97%

0%

$2,041,800

$730,000

-64%

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

NORTH & WEST SHORE LAKE TAHOE, Q1 2019

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

2018

2019

Change

Median Price

$1,150,000

$851,250

-26%

Average Sold Price

$1,083,333

$1,342,083

24%

113

63

-44%

Highest Sold Price

$1,200,000

$3,650,000

204%

Lowest Sold Price

$900,000

$430,000

-52%

3

6

100%

92%

98%

6%

$3,250,000

$8,052,500

148%

2018

2019

Change

Median Price

$404,000

$472,500

17%

Average Sold Price

$404,000

$472,500

17%

582

49

-92%

Highest Sold Price

$419,000

$515,000

23%

Lowest Sold Price

$389,000

$430,000

11%

2

2

0%

99%

97%

-1%

$808,000

$945,000

17%

Average Days on Market

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

January through March

ALPINE MEADOWS condos

Average Days on Market

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

NORTH & WEST SHORE LAKE TAHOE, Q1 2019

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 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.

tahoemicroreports.com | sierrasothebysrealty.com | #tahoegoodlife

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

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