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MICROMARKET

REPORT NORTH & WEST SHORES LAKE TAHOE | Quarter 3 2019 Average Sale Price

$1,250,000 $1,000,000 $750,000

$1.2 M $1.1 M $916 K $862 K

$848 K

$500,000 $250,000 $0

2015

2016

2017

2018

2019

Data was compiled from the Tahoe Sierra MLS on October 8, 2019 and includes North and West Shores of Lake Tahoe and surrounding neighborhoods.

Total Units Sold

400 300 200

289

288

2015

2016

313

317 269

100 0

2017

2018

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

2019


MARKET SNAPSHOT Average Sold Price Quarter 3 2019

14 %

1%

NORTH SHORE LAKEFRONT SINGLE FAMILY

NORTH SHORE NONLAKEFRONT SINGLE FAMILY

2018....... $3,468,614

2018....... $851,376

2019....... $3,955,000

2019....... $839,684

19 %

3%

WEST SHORE LAKEFRONT SINGLE FAMILY

WEST SHORE NONLAKEFRONT SINGLE FAMILY

2018....... $11,030,500

2018....... $813,354

2019....... $13,172,500

2019....... $837,083

10 %

40 %

NORTH SHORE CONDO

WEST SHORE CONDO

2018....... $481,371

2018....... $1,337,812

2019....... $431,375

2019....... $802,884

17 %

10 %

SQUAW VALLEY SINGLE FAMILY

SQUAW VALLEY CONDO

2018....... $1,389,933

2018....... $499,264

2019....... $1,630,428

2019....... $546,957

23 %

18 %

ALPINE MEADOWS SINGLE FAMILY

ALPINE MEADOWS CONDO

2018....... $1,260,714

2018....... $387,500

2019....... $970,500

2019....... $456,333


NORTH & WEST SHORE LAKE TAHOE

| MICRO MARKET STATS

January through September

NORTH SHORE LAKEFRONT single family

2018

2019

Change

Median Price

$3,337,500

$4,300,000

29%

Average Sold Price

$3,468,614

$3,955,000

14%

140

184

31%

Highest Sold Price

$5,386,370

$5,475,000

2%

Lowest Sold Price

$1,750,000

$1,000,000

-43%

12

5

-58%

97%

96%

-1%

$41,623,370

$19,775,000

-52%

Average Days on Market

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

January through September

NORTH SHORE NON-LAKEFRONT single family

2018

2019

Change

Median Price

$648,750

$720,000

11%

Average Sold Price

$851,376

$839,684

-1%

61

75

23%

Highest Sold Price

$5,050,000

$2,518,000

-50%

Lowest Sold Price

$260,000

$235,000

-10%

Properties Sold

128

101

-21%

% Sold Price to Average List Price

97%

98%

1%

$108,976,148

$84,808,159

-22%

Average Days on Market

Total Dollar Volume Sold

NORTH & WEST SHORE LAKE TAHOE, Q3 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 September

WEST SHORE LAKEFRONT single family

2018

2019

Change

Median Price

$7,250,000

$10,500,000

45%

Average Sold Price

$11,030,500

$13,172,500

19%

143

92

-36%

Highest Sold Price

$40,000,000

$37,000,000

-8%

Lowest Sold Price

$1,470,000

$3,835,000

161%

10

7

-30%

94%

105%

11%

$110,305,000

$79,035,000

-28%

2018

2019

Change

Median Price

$659,000

$693,000

5%

Average Sold Price

$813,354

$837,083

3%

58

73

26%

Highest Sold Price

$3,000,000

$3,400,000

13%

Lowest Sold Price

$225,000

$199,000

-12%

91

86

-5%

97%

97%

0%

$74,015,234

$71,989,168

-3%

Average Days on Market

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

January through September

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, Q3 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 September

NORTH SHORE condos

2018

2019

Change

Median Price

$400,000

$395,000

-1%

Average Sold Price

$481,371

$431,375

-10%

69

64

-7%

Highest Sold Price

$1,450,000

$1,575,000

9%

Lowest Sold Price

$115,000

$125,000

9%

68

57

-16%

97%

98%

0%

$32,733,250

$24,588,390

-25%

2018

2019

Change

Median Price

$7,250,000

$10,500,000

45%

Average Sold Price

$11,060,500

$13,172,500

19%

143

92

-36%

Highest Sold Price

$40,000,000

$37,000,000

-8%

Lowest Sold Price

$1,470,000

$3,835,000

161%

10

7

-30%

94%

105%

11%

$110,305,000

$79,035,000

-28%

Average Days on Market

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

January through September

Average Days on Market

WEST SHORE condos

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

NORTH & WEST SHORE LAKE TAHOE, Q3 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 September

SQUAW VALLEY single family

2018

2019

Median Price

$1,500,000

$1,492,500

-1%

Average Sold Price

$1,389,933

$1,630,428

17%

Average Days on Market

312

99

-68%

Highest Sold Price

$2,150,000

$3,650,000

70%

Lowest Sold Price

$727,600

$581,500

-20%

9

14

56%

89%

95%

7%

$12,509,400

$22,826,000

82%

Change

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

January through September

SQUAW VALLEY condos

2018

2019

Median Price

$480,000

$500,000

4%

Average Sold Price

$499,264

$546,957

10% -15%

Average Days on Market

193

165

Highest Sold Price

$851,500

$1,425,000

67%

Lowest Sold Price

$175,000

$136,000

-22%

39

47

21%

Properties Sold % Sold Price to Average List Price

97%

97%

0%

$19,471,300

$25,707,000

32%

2018

2019

Change

Median Price

$590,000

$570,000

-3%

Average Sold Price

$562,025

$660,973

18%

Total Dollar Volume Sold

January through September

THE VILLAGE AT SQUAW condos

Average Days on Market

71

158

123%

Highest Sold Price

$851,500

$1,425,000

67%

Lowest Sold Price

$292,800

$319,000

9%

12

19

58%

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

NORTH & WEST SHORE LAKE TAHOE, Q3 2019

Change

97%

96%

-1%

$6,744,300

$12,558,500

86%

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 September

ALPINE MEADOWS single family

2018

2019

Change

Median Price

$1,150,000

$770,000

-33%

Average Sold Price

$1,260,714

$970,500

-23%

127

73

-43%

Highest Sold Price

$2,150,000

$3,650,000

70%

Lowest Sold Price

$760,000

$430,000

-43%

7

17

143%

97%

98%

1%

$8,825,000

$16,498,500

87%

2018

2019

Change

Median Price

$404,000

$430,000

6%

Average Sold Price

$387,500

$456,333

18%

335

37

-89%

Highest Sold Price

$420,000

$515,000

23%

Lowest Sold Price

$322,000

$424,000

32%

4

3

-25%

97%

98%

1%

$1,550,000

$1,369,000

-12%

Average Days on Market

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

January through September

ALPINE MEADOWS condos

Average Days on Market

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

NORTH & WEST SHORE LAKE TAHOE, Q3 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, Q3 2019

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


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