Lake Tahoe Real Estate Sales Increase in 2013

Lake Tahoe Real Estate Year End Report (Lake Tahoe MLS 2013 vs. 2012)

Lake Tahoe MLS shows Lake Tahoe real estate finished 2013 strong, with significant increases in average and median Lake Tahoe real estate prices, as well as sales volume.

 

Median and Average Lake Tahoe Real Estate Prices and Sales Volume

Lake Tahoe MLS showed a 29% jump in median Lake Tahoe real estate price ($445,000) in 2013 over 2012, and 23% rise in average Lake Tahoe real estate prices ($775,516) 2013 over 2012. Lake Tahoe Real Estate Sales volume was up 23%, heavily impacted by a 42% leap in sales of Lake Tahoe luxury homes priced over $1 million. Lake Tahoe properties selling for less than a million dipped 6%, and this is largely due to lack of inventory in that segment of the Lake Tahoe real estate market.

 

Tahoe City Real Estate

Though the median price of a Tahoe City homes for sale is up 19% ($510,000) in 2013, Lake Tahoe MLS shows Lake Tahoe real estate sales volume was down 20%.

 

Truckee Real Estate

Lake Tahoe MLS shows sales volume was also up in Truckee real estate (32%), with a substantial jump in Lake Tahoe real estate selling for more than $1 million (63%). The median price of homes sold in Truckee real estate last year was up 15% to $510,000.

 

Click to search Lake Tahoe Real Estate on Lake Tahoe MLS, or contact Olja Mihic, your Lake Tahoe Realtor, with any questions.
Click to search Lake Tahoe Luxury Homes, or Squaw Valley Real Estate.

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