The CA Tahoe lakefront marketplace is up 14% over 2015 year-to-date. This is a great sign for our overall market which is in a par state = buyers and sellers are generally on equal footing. We do not expect big price jumps in the near future but we do have a healthy real estate climate. Current lakefront listing inventory is relatively low. This fall we have seen multiple offers on a property priced at $10m and a quick sale of a lakefront priced at $3.5m
In Incline Village, Chase International lakefront listings from $12.5m – $26m are currently in escrow. Feel free to reach out to Alex for more information.
Please see the PDF below for CA Tahoe lakefront sales statistics. Note that one significant listing by Chase International was sold off-MLS. All other data is from Tahoe Sierra Board of Realtors.
Tahoe Lakefront CMA TSBOR 110515