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MICROMARKETREPORT
NORTH & WEST SHORE LAKE TAHOE
QUARTER 3 2018
TAHOEMICROREPORTS.COM
MARKET SNAPSHOTAverage Sold Price Q3 2018
2%NORTH SHORE LAKEFRONT SINGLE FAMILY
2017 ....... $3,619,375
2018 ...... $3,529,397
18%NORTH SHORE NON- LAKEFRONT SINGLE FAMILY
2017 ....... $721,481
2018 ...... $854,103
72%WEST SHORE LAKEFRONT SINGLE FAMILY
2017 ....... $6,395,888
2018 ...... $11,030,500
20%WEST SHORE NON-
LAKEFRONT SINGLE FAMILY
2017 ....... $675,510
2018 ...... $813,354
10%NORTH SHORE CONDO
2017 ....... $535,026
2018 ...... $483,854
19%WEST SHORE CONDO
2017 ....... $1,120,989
2018 ...... $1,337,812
11%SQUAW VALLEY SINGLE FAMILY
2017 ....... $1,257,387
2018 ...... $1,389,933
4%SQUAW VALLEY CONDO
2017 ....... $517,569
2018 ...... $499,264
37%ALPINE MEADOWS SINGLE FAMILY
2017 ....... $749,954
2018 ...... $1,260,714
17%ALPINE MEADOWS CONDO
2017 ....... $465,000
2018 ...... $387,500
NORTH & WEST SHORE LAKE TAHOE, Q3 2018 TAHOEMICROREPORTS.COM
January through September 2017 2018 Change
Median Price $675,000 $648,750 -4%
Average Sold Price $721,481 $851,727 18%
Average Days on Market 72 61 -15%
Highest Sold Price $1,700,000 $5,050,000 197%
Lowest Sold Price $297,500 $260,000 -13%
Properties Sold 119 128 8%
% Sold Price to Average List Price 98% 97% -1%
Total Dollar Volume Sold $85,856,267 $109,021,148 27%
January through September 2017 2018 Change
Median Price $3,325,000 $3,420,000 3%
Average Sold Price $3,619,375 $3,529,397 -2%
Average Days on Market 133 184 38%
Highest Sold Price $5,725,000 $5,386,370 -6%
Lowest Sold Price $2,200,000 $1,750,000 -20%
Properties Sold 8 11 38%
% Sold Price to Average List Price 97% 97% 0%
Total Dollar Volume Sold $28,955,000 $38,823,370 34%
NORTH SHORELAKEFRONT
single family
NORTH SHORE NON-LAKEFRONT
single family
NORTH & WEST SHORE LAKE TAHOE | MICRO MARKET STATS
NORTH & WEST SHORE LAKE TAHOE, Q3 2018 TAHOEMICROREPORTS.COM
January through September 2017 2018 Change
Median Price $590,000 $659,000 12%
Average Sold Price $675,510 $813,354 20%
Average Days on Market 74 58 -22%
Highest Sold Price $1,890,000 $3,000,000 59%
Lowest Sold Price $205,000 $225,000 10%
Properties Sold 89 91 2%
% Sold Price to Average List Price 97% 97% 0%
Total Dollar Volume Sold $60,120,404 $74,015,234 23%
January through September 2017 2018 Change
Median Price $5,000,000 $7,250,000 45%
Average Sold Price $6,395,888 $11,030,500 72%
Average Days on Market 125 143 14%
Highest Sold Price $15,000,000 $40,000,000 167%
Lowest Sold Price $1,688,000 $1,470,000 -13%
Properties Sold 9 10 11%
% Sold Price to Average List Price 93% 94% 0%
Total Dollar Volume Sold $57,563,000 $110,305,000 92%
WEST SHORE LAKEFRONT
single family
WEST SHORENON-LAKEFRONT
single family
NORTH & WEST SHORE LAKE TAHOE | MICRO MARKET STATS
NORTH & WEST SHORE LAKE TAHOE, Q3 2018 TAHOEMICROREPORTS.COM
January through September 2017 2018 Change
Median Price $394,000 $400,000 2%
Average Sold Price $535,026 $483,854 -10%
Average Days on Market 76 70 -8%
Highest Sold Price $1,625,000 $1,450,000 -11%
Lowest Sold Price $86,500 $115,000 33%
Properties Sold 76 67 -12%
% Sold Price to Average List Price 97% 97% 1%
Total Dollar Volume Sold $40,662,000 $32,418,250 -20%
January through September 2017 2018 Change
Median Price $724,000 $1,055,000 46%
Average Sold Price $120,989 $1,337,812 1006%
Average Days on Market 90 82 -9%
Highest Sold Price $4,650,000 $3,300,000 -29%
Lowest Sold Price $200,000 $222,500 11%
Properties Sold 12 8 -33%
% Sold Price to Average List Price 10% 94% 822%
Total Dollar Volume Sold $13,451,875 $10,702,500 -20%
NORTH SHORE
condos
WEST SHORE
condos
NORTH & WEST SHORE LAKE TAHOE | MICRO MARKET STATS
NORTH & WEST SHORE LAKE TAHOE, Q3 2018 TAHOEMICROREPORTS.COM
January through September 2017 2018 Change
Median Price $1,136,250 $1,500,000 32%
Average Sold Price $1,257,387 $1,389,933 11%
Average Days on Market 250 312 25%
Highest Sold Price $2,950,000 $2,150,000 -27%
Lowest Sold Price $380,000 $727,600 91%
Properties Sold 16 9 -44%
% Sold Price to Average List Price 95% 89% -6%
Total Dollar Volume Sold $20,118,200 $12,509,400 -38%
January through September 2017 2018 Change
Median Price $435,000 $480,000 10%
Average Sold Price $517,569 $499,264 -4%
Average Days on Market 209 193 -8%
Highest Sold Price $1,710,000 $851,500 -50%
Lowest Sold Price $146,000 $175,000 20%
Properties Sold 43 9 -79%
% Sold Price to Average List Price 96% 97% 1%
Total Dollar Volume Sold $22,255,500 $19,471,300 -13%
January through September 2017 2018 Change
Median Price $342,000 $590,000 73%
Average Sold Price $573,958 $562,025 -2%
Average Days on Market 124 71 -43%
Highest Sold Price $1,710,000 $851,500 -50%
Lowest Sold Price $286,000 $292,800 2%
Properties Sold 12 12 0%
% Sold Price to Average List Price 95% 97% 2%
Total Dollar Volume Sold $6,887,500 $6,744,300 -2%
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, Q3 2018 TAHOEMICROREPORTS.COM
January through September 2017 2018 Change
Median Price $612,000 $1,025,000 67%
Average Sold Price $740,500 $1,012,500 37%
Average Days on Market 106 137 29%
Highest Sold Price $1,388,000 $1,200,000 -14%
Lowest Sold Price $350,000 $800,000 129%
Properties Sold 4 4 0%
% Sold Price to Average List Price 94% 93% -2%
Total Dollar Volume Sold $2,962,000 $4,050,000 37%
January through September 2017 2018 Change
Median Price $465,000 $404,000 -13%
Average Sold Price $465,000 $404,000 -13%
Average Days on Market 77 582 656%
Highest Sold Price $465,000 $419,000 -10%
Lowest Sold Price $465,000 $389,000 -16%
Properties Sold 1 2 100%
% Sold Price to Average List Price 98% 99% 1%
Total Dollar Volume Sold $465,000 $808,000 74%
ALPINEMEADOWS
single family
ALPINEMEADOWS
condos
NORTH & WEST SHORE LAKE TAHOE | MICRO MARKET STATS
NORTH & WEST SHORE LAKE TAHOE, Q3 2018 TAHOEMICROREPORTS.COM
NORTH & WEST SHORE LAKE TAHOE NEIGHBORHOODS
1 North Shore - Lake Tahoe
2 West Shore - Lake Tahoe
3 Squaw Valley
4 Alpine Meadows
1
3
4
2
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.
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# 02018110
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