north & west shore lake tahoe quarter 1 2019€¦ · north west shore lake tahoe, 1 2019...
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MICROMARKETREPORT
NORTH & WEST SHORE LAKE TAHOE
QUARTER 1 2019
TAHOEMICROREPORTS.COM
MARKET SNAPSHOTAverage Sold Price Quarter 1 2019
6%NORTH SHORE LAKEFRONT SINGLE FAMILY
2018 ...... $3,804,166
2019 ...... $3,567,182
19%NORTH SHORE NON- LAKEFRONT SINGLE FAMILY
2018 ...... $718,188
2019 ...... $851,068
94%WEST SHORE LAKEFRONT SINGLE FAMILY 2018 ...... $5,854,230
2019 ...... $11,376,928
15%WEST SHORE NON-
LAKEFRONT SINGLE FAMILY 2018 ...... $691,394
2019 ...... $795,675
24%NORTH SHORE CONDO
2018 ...... $531,627
2019 ...... $393,428
41%WEST SHORE CONDO
2018 ...... $1,047,298
2019 ...... $1,471,850
8%SQUAW VALLEY SINGLE FAMILY
2018 ...... $1,380,276
2019 ...... $1,271,775
6%SQUAW VALLEY CONDO
2018 ...... $516,421
2019 ...... $484,662
497%ALPINE MEADOWS SINGLE FAMILY
2018 ...... $771,289
2019 ...... $4,604,444
6%ALPINE MEADOWS CONDO
2018 ...... $436,000
2019 ...... $410,400
NORTH & WEST SHORE LAKE TAHOE, Q1 2019 TAHOEMICROREPORTS.COM
January through March 2018 2019 Change
Median Price $562,000 $695,000 24%
Average Sold Price $772,114 $740,413 -4%
Average Days on Market 78 78 0%
Highest Sold Price $2,950,000 $1,575,000 -47%
Lowest Sold Price $299,000 $235,000 -21%
Properties Sold 31 23 -26%
% Sold Price to Average List Price 96% 98% 2%
Total Dollar Volume Sold $23,936,493 $17,029,499 -29%
January through March 2018 2019 Change
Median Price $3,095,000 $4,300,000 39%
Average Sold Price $3,095,000 $4,300,000 39%
Average Days on Market 171 241 41%
Highest Sold Price $3,770,000 $4,300,000 14%
Lowest Sold Price $2,420,000 $4,300,000 78%
Properties Sold 2 1 -50%
% Sold Price to Average List Price 95% 97% 1%
Total Dollar Volume Sold $6,190,000 $4,300,000 -31%
NORTH SHORELAKEFRONT
single family
NORTH SHORE NON-LAKEFRONT
single family
NORTH & WEST SHORE LAKE TAHOE | MICRO MARKET STATS
NORTH & WEST SHORE LAKE TAHOE, Q1 2019 TAHOEMICROREPORTS.COM
January through March 2018 2019 Change
Median Price $642,000 $600,000 -7%
Average Sold Price $701,785 $1,003,063 43%
Average Days on Market 103 110 7%
Highest Sold Price $1,250,000 $3,400,000 172%
Lowest Sold Price $525,000 $240,000 -54%
Properties Sold 14 12 -14%
% Sold Price to Average List Price 97% 95% -2%
Total Dollar Volume Sold $9,825,000 $12,036,763 23%
January through March 2018 2019 Change
Median Price $4,750,000 $37,000,000 679%
Average Sold Price $5,061,666 $37,000,000 631%
Average Days on Market 198 196 -1%
Highest Sold Price $7,500,000 $37,000,000 393%
Lowest Sold Price $2,935,000 $37,000,000 1161%
Properties Sold 3 1 -67%
% Sold Price to Average List Price 98% 94% -4%
Total Dollar Volume Sold $15,185,000 $37,000,000 144%
WEST SHORE LAKEFRONT
single family
WEST SHORENON-LAKEFRONT
single family
NORTH & WEST SHORE LAKE TAHOE | MICRO MARKET STATS
NORTH & WEST SHORE LAKE TAHOE, Q1 2019 TAHOEMICROREPORTS.COM
January through March 2018 2019 Change
Median Price $407,000 $360,000 -12%
Average Sold Price $514,859 $393,428 -24%
Average Days on Market 119 110 -8%
Highest Sold Price $1,185,000 $950,000 -20%
Lowest Sold Price $210,000 $125,000 -40%
Properties Sold 16 14 -13%
% Sold Price to Average List Price 97% 97% 0%
Total Dollar Volume Sold $8,237,750 $5,508,000 -33%
January through March 2018 2019 Change
Median Price $1,400,000 $265,000 -81%
Average Sold Price $1,522,500 $326,666 -79%
Average Days on Market 25 91 264%
Highest Sold Price $2,750,000 $490,000 -82%
Lowest Sold Price $540,000 $225,000 -58%
Properties Sold 4 3 -25%
% Sold Price to Average List Price 97% 98% 1%
Total Dollar Volume Sold $6,090,000 $980,000 -84%
NORTH SHORE
condos
WEST SHORE
condos
NORTH & WEST SHORE LAKE TAHOE | MICRO MARKET STATS
NORTH & WEST SHORE LAKE TAHOE, Q1 2019 TAHOEMICROREPORTS.COM
January through March 2018 2019 Change
Median Price $0 $1,567,500 -100%
Average Sold Price $0 $1,567,500 -100%
Average Days on Market 0 133 -100%
Highest Sold Price $0 $1,600,000 -100%
Lowest Sold Price $0 $1,535,000 -100%
Properties Sold 0 2 -100%
% Sold Price to Average List Price 0% 91% -100%
Total Dollar Volume Sold $0 $3,135,000 -100%
January through March 2018 2019 Change
Median Price $365,000 $437,500 20%
Average Sold Price $435,120 $446,166 3%
Average Days on Market 251 122 -51%
Highest Sold Price $810,000 $768,000 -5%
Lowest Sold Price $175,000 $136,000 -22%
Properties Sold 15 12 -20%
% Sold Price to Average List Price 96% 97% 1%
Total Dollar Volume Sold $6,526,800 $5,354,000 -18%
January through March 2018 2019 Change
Median Price $469,500 $730,000 55%
Average Sold Price $510,450 $730,000 43%
Average Days on Market 46 154 235%
Highest Sold Price $810,000 $730,000 -10%
Lowest Sold Price $292,800 $730,000 149%
Properties Sold 4 1 -75%
% Sold Price to Average List Price 98% 97% 0%
Total Dollar Volume Sold $2,041,800 $730,000 -64%
SQUAW VALLEY
single family
SQUAW VALLEY
condos
NORTH & WEST SHORE LAKE TAHOE | MICRO MARKET STATS
THE VILLAGE AT SQUAW
condos
NORTH & WEST SHORE LAKE TAHOE, Q1 2019 TAHOEMICROREPORTS.COM
January through March 2018 2019 Change
Median Price $1,150,000 $851,250 -26%
Average Sold Price $1,083,333 $1,342,083 24%
Average Days on Market 113 63 -44%
Highest Sold Price $1,200,000 $3,650,000 204%
Lowest Sold Price $900,000 $430,000 -52%
Properties Sold 3 6 100%
% Sold Price to Average List Price 92% 98% 6%
Total Dollar Volume Sold $3,250,000 $8,052,500 148%
January through March 2018 2019 Change
Median Price $404,000 $472,500 17%
Average Sold Price $404,000 $472,500 17%
Average Days on Market 582 49 -92%
Highest Sold Price $419,000 $515,000 23%
Lowest Sold Price $389,000 $430,000 11%
Properties Sold 2 2 0%
% Sold Price to Average List Price 99% 97% -1%
Total Dollar Volume Sold $808,000 $945,000 17%
ALPINEMEADOWS
single family
ALPINEMEADOWS
condos
NORTH & WEST SHORE LAKE TAHOE | MICRO MARKET STATS
NORTH & WEST SHORE LAKE TAHOE, Q1 2019 TAHOEMICROREPORTS.COM
NORTH & WEST SHORE LAKE TAHOE NEIGHBORHOODS
1 North Shore - Lake Tahoe
2 West Shore - Lake Tahoe
3 Squaw Valley
4 Alpine Meadows
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W E A R E
LOCAL EXPERTSOver 120 local real estate experts at 10 Sierra Sotheby’s International Realty locations
throughout the Lake Tahoe area.
Carson CityLake Tahoe
VILLAGE AT NORTHSTAR 4001 Northstar Drive #4105Truckee, CA 96161
SQUAW VALLEY 1750 Village East Road #63BOlympic Valley, CA 96146
HEAVENLY / STATELINE1001 Heavenly Village Way #36ASouth Lake Tahoe, CA 96150
INCLINE VILLAGE 570 Lakeshore BoulevardIncline Village, NV 89451
TAHOE DONNER 11382 Northwoods BoulevardTruckee, CA 96161
DOWNTOWN TRUCKEE 10044 Donner Pass RoadTruckee, CA 96161
TAHOE CITY - GALLERY 695 North Lake BoulevardTahoe City, CA 96145
TAHOE CITY - LAKESIDE 950 North Lake BoulevardTahoe City, CA 96145
SOUTH LAKE TAHOE2247 Lake Tahoe BoulevardSouth Lake Tahoe, CA 96150
THE SUMMIT AT RENO13945 S. Virginia Street #606Reno, NV 89511
INCLINE VILLAGE | SOUTH LAKE TAHOE | SQUAW VALLEY | TAHOE CITY | TAHOE DONNER | DOWNTOWN TRUCKEE
HEAVENLY VILLAGE/STATELINE | NORTHSTAR | THE SUMMIT, RENO | CA BRE# 02019110
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