The Tahoe market is still buzzing as we roll into fall! Buyer interest hasn’t cooled a bit, and even with some normal seasonal price shifts, homes are moving quickly.
Single-Family Homes
Luxury listings are still turning heads. Average list price dipped just a touch to about $3.62 M from $3.71 M the month before, but the median nudged up to $2.69 M. Translation? We’re seeing a healthy mix of properties at different price points—some big-ticket homes and some slightly more approachable options.
Sellers are holding strong: homes sold for about 96% of list price, up from 95% last month. And the real headline—22 homes sold compared to only 12 the month before. That’s a serious jump and shows buyers are acting fast when they spot the right place.
Condos & Townhomes
Condo shoppers are busy too. Average list price slipped to around $1.03 M (down from $1.06 M) and median list price eased to $850 K (from $912 K). But even with that slight price dip, condos are still closing at 97% of list price—no change from last month.
21 condos and townhomes sold, up from 13 the month before. So if you’re looking for a condo, be ready to move quickly; the good ones aren’t sitting long.
What It Means
For sellers, the message is clear: well-priced homes are still attracting serious buyers and closing near list price. For buyers, understanding local market nuances and acting decisively remain key to securing a property in this sought-after area.
Bottom Line
Even as the seasons shift, the Incline Village and Crystal Bay real estate market shows no signs of cooling. With strong demand and limited supply, both luxury homes and condos are selling briskly and at healthy prices. Whether you’re planning to buy or sell, now is the time to strategize with a local expert who understands this unique market.
