MICRO MARKET REPORT NORTH & WEST SHORE LAKE TAHOE QUARTER 1 2018
NORTH & WEST SHORE LAKE TAHOE NEIGHBORHOODS 1 3 4 2 1 North Shore - Lake Tahoe 2 West Shore - Lake Tahoe 3 Squaw Valley 4 Alpine Meadows
NORTH SHORE LAKEFRONT Median Price $3,350,000 $3,095,000-8% Average Sold Price $3,350,000 $3,095,000-8% Average Days on Market 177 171-3% Highest Sold Price $3,350,000 $3,770,000 13% Lowest Sold Price $3,350,000 $2,420,000-28% Properties Sold 1 2 100% % Sold Price to Average List Price 92% 95% 4% Total Dollar Volume Sold $3,350,000 $6,190,000 85% NORTH SHORE NON-LAKEFRONT Median Price $628,023 $562,000-11% Average Sold Price $663,401 $772,144 16% Average Days on Market 97 78-20% Highest Sold Price $1,220,000 $2,950,000 142% Lowest Sold Price $365,000 $299,000-18% Properties Sold 28 31 11% % Sold Price to Average List Price 98% 96% -2% Total Dollar Volume Sold $18,575,234 $23,936,493 29%
WEST SHORE LAKEFRONT Median Price $14,487,500 $4,750,000-67% Average Sold Price $14,487,500 $5,061,666-65% Average Days on Market 29 198 583% Highest Sold Price $15,000,000 $7,500,000-50% Lowest Sold Price $13,975,000 $2,935,000-79% Properties Sold 2 3 50% % Sold Price to Average List Price 91% 98% 8% Total Dollar Volume Sold $28,975,000 $15,185,000-48% Median Price $540,000 $642,000 19% WEST SHORE NON-LAKEFRONT Average Sold Price $628,820 $701,785 12% Average Days on Market 164 103-37% Highest Sold Price $1,890,000 $1,250,000-34% Lowest Sold Price $215,000 $525,000 144% Properties Sold 20 14-30% % Sold Price to Average List Price 96% 97% 1% Total Dollar Volume Sold $12,576,400 $9,825,000-22%
Median Price $376,250 $407,000 8% NORTH SHORE condos Average Sold Price $536,250 $486,767-9% Average Days on Market 139 109-22% Highest Sold Price $1,250,000 $1,185,000-5% Lowest Sold Price $86,500 $210,000 143% Properties Sold 18 14-22% % Sold Price to Average List Price 96% 97% 1% Total Dollar Volume Sold $9,652,500 $6,814,750-29% Median Price $815,937 $1,400,000 72% Average Sold Price $815,937 $1,522,500 87% WEST SHORE condos Average Days on Market 265 25-91% Highest Sold Price $1,431,875 $2,750,000 92% Lowest Sold Price $200,000 $540,000 170% Properties Sold 2 4 100% % Sold Price to Average List Price 90% 97% 8% Total Dollar Volume Sold $1,631,875 $6,090,000 273%
SQUAW VALLEY Median Price $945,200 $0-100% Average Sold Price $1,178,400 $0-100% Average Days on Market 801 0-100% Highest Sold Price $1,800,000 $0-100% Lowest Sold Price $790,000 $0-100% Properties Sold 3 0-100% % Sold Price to Average List Price 93% #DIV/0! #DIV/0! Total Dollar Volume Sold $3,535,200 $0-100% SQUAW VALLEY condos Median Price $385,000 $365,000-5% Average Sold Price $585,500 $435,120-26% Average Days on Market 126 251 99% Highest Sold Price $1,710,000 $810,000-53% Lowest Sold Price $146,000 $175,000 20% Properties Sold 12 15 25% % Sold Price to Average List Price 95% 96% 1% Total Dollar Volume Sold $7,026,000 $6,526,800-7% THE VILLAGE AT SQUAW condos Median Price $422,500 $469,500 11% Average Sold Price $776,166 $510,450-34% Average Days on Market 130 46-65% Highest Sold Price $1,710,000 $810,000-53% Lowest Sold Price $286,000 $292,800 2% Properties Sold 6 4-33% % Sold Price to Average List Price 94% 98% 3% Total Dollar Volume Sold $4,657,000 $2,041,800-56%
ALPINE MEADOWS Median Price $525,000 $1,150,000 119% Average Sold Price $525,000 $1,083,333 106% Average Days on Market 100 113 13% Highest Sold Price $525,000 $1,200,000 129% Lowest Sold Price $525,000 $900,000 71% Properties Sold 1 3 200% % Sold Price to Average List Price 96% 92% -4% Total Dollar Volume Sold $525,000 $3,250,000 519% Median Price $0 $404,000 $0 ALPINE MEADOWS condos Average Sold Price $0 $404,000 $0 Average Days on Market 0 582 0! Highest Sold Price $0 $419,000 $0 Lowest Sold Price $0 $389,000 $0 Properties Sold 0 2 0 % Sold Price to Average List Price 0% 99% 0 Total Dollar Volume Sold $0 $808,000 $0
OVERALL MARKET COMPARISON NORTH & WEST SHORE TRUCKEE INCLINE VILLAGE SOUTH SHORE EAST SHORE RENO Data was provided by the Tahoe Sierra MLS, Northern Nevada Association of Realtors, South Lake Tahoe Association of Realtors and Incline Village Board of Realtors but has not been independently verified by Broker. Current as of 4/3/2018.
W E A R E LOCAL EXPERTS Over 120 local real estate experts at 10 Sierra Sotheby s International Realty locations throughout the Lake Tahoe area. VILLAGE AT NORTHSTAR 4001 Northstar Drive #4105 Truckee, CA 96161 SQUAW VALLEY 1750 Village East Road #63B Olympic Valley, CA 96146 HEAVENLY / STATELINE 1001 Heavenly Village Way #36A South Lake Tahoe, CA 96150 INCLINE VILLAGE 570 Lakeshore Boulevard Incline Village, NV 89451 TAHOE DONNER 11382 Northwoods Boulevard Truckee, CA 96161 DOWNTOWN TRUCKEE 10044 Donner Pass Road Truckee, CA 96161 TAHOE CITY - GALLERY 695 North Lake Boulevard Tahoe City, CA 96145 TAHOE CITY - LAKESIDE 950 North Lake Boulevard Tahoe City, CA 96145 SOUTH LAKE TAHOE 2247 Lake Tahoe Boulevard South Lake Tahoe, CA 96150 THE SUMMIT AT RENO 13945 S. Virginia Street #606 Reno, NV 89511
WE ARE. THE VOICE OF TAHOE REAL ESTATE tahoemicroreports.com sierrasothebysrealty.com #tahoegoodlife INCLINE VILLAGE SOUTH LAKE TAHOE SQUAW VALLEY TAHOE CITY TAHOE DONNER DOWNTOWN TRUCKEE HEAVENLY VILLAGE/STATELINE NORTHSTAR THE SUMMIT, RENO CA BRE# 02018110