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Market Snapshot: August 2016

Thursday, August 25, 2016   /   by Sasha Spiegel

Market Snapshot: August 2016

So far, it has been a great month for real estate in Tahoe! From August 1st through August 15th of 2016, residential sales continue to significantly outpace sales for the same period in 2015. 

Bog_10.1 Market Snapshot Aug 2016.jpg

Sales are up 17%.

This year to date, there have been 629 residential properties sold below $1,000,000.

The median sales price is $565,000 which is up 8%.

Coldwell Banker has over 11% of the active listings on the market and continues to be the market leader for listings.

Active inventory is down 9%.

For more information, call Sasha Spiegel at (530) 564-1833.

Market Report 6 month 2016 VS 2015-page-0