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June 2014 Lake Tahoe Real Estate Market Report
The Lake Tahoe real estate markets continue to show strength in 2014 with single family home pricing up significantly over 2013.  Now that we are half way through the year we continue to see fewer home sales than the previous year but average and median single family home pricing is rising due to a continuation of high buyer demand, low inventory levels, lower levels of distressed home sales (REO and Short Sales) and an increase in luxury homes sales.  These are all signs of a healthy increasing market and we anticipate a strong summer of sales in the Lake Tahoe real estate markets.
Over the last month we have seen a bump in inventory which has been well received by buyers who have patiently been waiting for new homes to come on the market.  With the current buyer demand these new listings are getting lots of attention and selling in faster than average marketing times and at lower list to sold discounts.   As these new homes hit the market we are noticing that pricing on these homes is ticking up which speaks to the strength of the Tahoe markets.
Year over Year Market Comparison *Lake Tahoe and Truckee Single Family Homes ... more

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