What’s In Escrow at Tahoe Right Now

Currently, there are 68 properties in escrow at Tahoe (there are another 320 for sale). The high end has 5 lakefronts and one split-lakefront in escrow with list prices ranging from $1.05m (I am representing the buyer on this lakefront) up to $3.995m. At the other end of the spectrum the lowest price points are represented by a $60k condo and a Tahoma house listed at $94k. Of the total in escrow, 31 are short sales, 7 are REO / foreclosures and the remainder are standard sales. The market is busier now than usual. The mix of extremely low interest rates plus pent-up demand is currently equating to pretty good buyer activity.


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