The real estate market here in South Lake Tahoe, CA is down compared to the first quarter in 2025.
The market stats are in and the volume of closed single family home transactions is down 32% compared to this time last year. 68 total units vs. 99. However the good news is condo closings are up with 14 units closing vs. 8 last year. We will see if this trend continues in the next 3 quarters of 2026. The median price for a single family home is now $687,500. For a full detail statistics report please contact me at Jennifer Fortune 530-318-9286 or jfortune@chaseinternational.com
Inventory is Seasonal like the Weather here in Lake Tahoe
Spring typically brings more listings, and so far in 2026 inventory seems to be rising earlier than expected. My guess is this is due to the quick end to winter. With these warm temps I feel like we are moving into summer quickly here on the South Shore. Good for buyers and greater inventory means more choices. For sellers pricing correctly is critical and making sure the home is prepped and move in ready.
On another note there was a HUGE growth in the market in Incline Village.
I thought this was interesting so I decided to share it. The big money is pouring into Incline Village-who doesn’t love a more tax friendly state like NV. Their market is up 367% with 31 units selling over $5 Million. Wonder if they are making NV their primary residence or if these transactions are folks pulling money out of the stock market.
Work with a Local Expert
With over two decades of experience in resort real estate, I have built a strong reputation helping clients navigate the unique Tahoe market. My success is measured by client satisfaction. I work with buyers and sellers. The buyers now have the advantage since home prices are currently leveling off. This creates a more balanced environment for both sides of the transaction. For sellers patience is key since homes are taking longer to sell. Since the total days on market are climbing this is giving buyers more negotiating power and time to evaluate options. I look forward to working with you-Jennifer Fortune