There are currently 70 lakefront homes listed on the California side of Tahoe. They range in price from $1.39m to $24.9m. Of them, 9 are in escrow right now and these are priced between $2.5m – $7.1m. Year-to-Date sales number 9 and a price range of $1.025m – $6.3m. We were looking at roughly 2 sales per month and now there are 4 set to close in August. Clearly the market has picked up significantly.
Within these lakefront listings there are 3 Short Sales and 1 foreclosure.
This data is from the Tahoe Sierra MLS.