MICROMARKET REPORT |
TAHOE LAKEFRONTS • YEAR END 2019
NORTH SHORE LAKEFRONT market update SINGLE FAMILY HOMES January through December
2018
2019
5 YEAR TRENDS % Change
$3,420,000
$4,287,500
25%
$3,567,182
$4,008,333
12%
163
154
-6%
Highest Sold Price
$5,386,370
$5,475,000
2%
Lowest Sold Price
$1,750,000
$1,000,000
-43%
13
6
-54%
97%
96%
-1%
$46,373,370
$24,050,000
-48%
Median Price Average Sold Price Average Days on Market
Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold
January through December Median Price Properties Sold
2015
2016
2017
$3,800,000
$2,526,750
11
2
2018
2019
$3,500,000 $3,420,000 12
13
$4,287,500 6
Pictured: Ritz-Carlton, Lake Tahoe Beach Club
sierrasothebysrealty.com
Based on Information from Tahoe Sierra MLS MLS. This representation is based in whole or in part on data supplied by Tahoe Sierra MLS MLS. Tahoe Sierra MLS MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by Tahoe Sierra MLS MLS may not reflect all real estate activity in the market.
MICROMARKET REPORT | Tahoe Lakefronts JANUARY - DECEMBER 2019 • TAHOEMICROREPORTS.COM
WEST SHORE LAKEFRONT market update SINGLE FAMILY HOMES January through December
2018
2019
5 YEAR TRENDS % Change
Median Price
$6,997,500
$8,750,000
25%
Average Sold Price
$10,617,857
$11,781,428
11%
148
144
-3%
Highest Sold Price
$40,000,000
$37,000,000
-8%
Lowest Sold Price
$1,470,000
$3,435,000
134%
14
8
-43%
93%
103%
10%
$148,650,000
$82,470,000
-45%
Average Days on Market
Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold
January through December Median Price Properties Sold
2015
2016
2017
2018
$5,250,000 $4,900,000 $4,000,000 13
13
13
2019
$6,997,500
$8,750,000
14
8
Pictured: Fleur De Lac Estates
sierrasothebysrealty.com
Based on Information from Tahoe Sierra MLS MLS. This representation is based in whole or in part on data supplied by Tahoe Sierra MLS MLS. Tahoe Sierra MLS MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by Tahoe Sierra MLS MLS may not reflect all real estate activity in the market.
MICROMARKET REPORT | Tahoe Lakefronts JANUARY - DECEMBER 2019 • TAHOEMICROREPORTS.COM
SOUTH SHORE LAKEFRONT market update SINGLE FAMILY HOMES January through December
2018
Median Price
$857,500
$2,250,000
162%
Average Sold Price
$857,500
$2,921,955
241%
258
88
-66%
Highest Sold Price
$975,000
$5,800,000
495%
Lowest Sold Price
$740,000
$344,000
-54%
2
11
450%
98%
96%
-2%
$1,715,000
$32,141,500
1774%
Average Days on Market
Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold
sierrasothebysrealty.com
2019
5 YEAR TRENDS % Change
January through December Median Price Properties Sold
Based on Information from South Lake Tahoe MLS MLS. This representation is based in whole or in part on data supplied by South Lake Tahoe MLS MLS. South Lake Tahoe MLS MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by South Lake Tahoe MLS MLS may not reflect all real estate activity in the market.
2015
2016
2017
2018
2019
4
5
4
2
11
$3,250,000
$1,735,000
$1,850,000
$857,500
$2,250,000
MICROMARKET REPORT | Tahoe Lakefronts JANUARY - DECEMBER 2019 • TAHOEMICROREPORTS.COM
EAST SHORE LAKEFRONT market update SINGLE FAMILY HOMES January through December
2018
2019
5 YEAR TRENDS % Change
Median Price
$5,710,000
$4,550,000
-20%
Average Sold Price
$6,195,033
$4,790,833
-23%
352
127
-64%
Highest Sold Price
$13,145,000
$5,995,000
-54%
Lowest Sold Price
$2,600,000
$4,250,000
63%
15
6
-60%
97%
97%
0%
$92,925,500
$28,745,000
-69%
Average Days on Market
Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold
sierrasothebysrealty.com
January through December Median Price Properties Sold
Based on Information from Regional MLS. This representation is based in whole or in part on data supplied by Regional MLS. Regional MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by Regional MLS may not reflect all real estate activity in the market.
2015
2016
5
2017
7
2018
2019
7
15
6
$3,400,000 $5,000,000 $4,900,000
$5,710,000
$4,550,000
MICROMARKET REPORT | Tahoe Lakefronts JANUARY - DECEMBER 2019 • TAHOEMICROREPORTS.COM
INCLINE VILLAGE / CRYSTAL BAY LAKEFRONT market update SINGLE FAMILY HOMES January through December
2018
2019
5 YEAR TRENDS % Change
$5,710,000
$14,375,000
152%
$12,694,286
$14,600,000
15%
305
248
-19%
Highest Sold Price
$36,500,000
$24,500,000
-33%
Lowest Sold Price
$4,900,000
$5,150,000
5%
7
4
-43%
96%
94%
-2%
$88,860,000
$58,400,000
-34%
Median Price Average Sold Price Average Days on Market
Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold
sierrasothebysrealty.com
January through December Median Price Properties Sold
Based on Information from Incline Village MLS MLS. This representation is based in whole or in part on data supplied by Incline Village MLS MLS. Incline Village MLS MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by Incline Village MLS MLS may not reflect all real estate activity in the market.
2015
2016
2017
2018
2019
$3,548,000
$9,500,000
$9,300,000
$5,710,000
$14,375,000
3
3
6
7
4
MICROMARKET REPORT | Tahoe Lakefronts JANUARY - DECEMBER 2019 • TAHOEMICROREPORTS.COM
The life you love.
sierrasothebysrealty.com | tahoemicroreports.com Based on Information from the Regional MLS. This representation is based in whole or in part on data supplied by the Regional MLS. the Regional MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by the Regional MLS may not reflect all real estate activity in the market.