ABSTRACT from Tahoe Daily Tribune article:
"Sales volume in Incline was up 34 percent and units sold up 26 percent. Homes selling for more than a million leapt 59 percent. The average price of a home in Incline is $1.37 million (a six percent increase) and the median is $995,000 (up 17 percent)."
"Sales volume in Incline was up 34 percent and units sold up 26 percent. Homes selling for more than a million leapt 59 percent. The average price of a home in Incline is $1.37 million (a six percent increase) and the median is $995,000 (up 17 percent)."
"Lake Tahoe home prices remain essentially unchanged for the first half of the year, while lake-wide sales rose slightly. The sale of homes over $1 million was up significantly (30 percent), primarily a result of strong sales in Incline Village.
The numbers are part of a report released July 6 by Chase International Real Estate, comparing all MLS sales from January 1, 2016, through June 30 to the same timeframe of 2015.
Sales volume around the lake rose an impressive 13 percent, while units sold was up 12 percent. The average price of a home is $779,128 while the median is $525,000, a 1 and 2 percent rise, respectively."
BY THE NUMBERS
$779,128: Average home sale price across entire region
$525,000: Median home sale price across entire region
$1.05 million: Average home sale price in Truckee market
$629,500: Median home sale price in Truckee market
$886,938: Average home sale price in Tahoe City market
$570,000: Median home sale price in Tahoe City market
$1.37 million:Average home sale price in Incline Village market
$995,000: Median home sale price in Incline Village market
Source: Chase International. Figures are for quarters 1 and 2 for 2016 (January through June)
Link to entire article: Lake Tahoe real estate: Home sales remain steady for summer | TahoeDailyTribune.com:
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