Lake Tahoe Home Sales June 22, 2020

Tahoe Real Estate Update for 6/22/20

The South Lake Tahoe real estate sales continue to accelerate and deplete the number of homes for sale. The boat inspection stations are anticipated to open on June 26th. For more information, click on this link, http://southtahoenow.com/story/06/19/2020/tahoe-inspections-begin-june-26-all-boats-appointment-required.

Chase International is having its 24th Annual Luxury Estates Tour. Due to COVID, the popular reimagined tour will be held on June 30 from 10:00 a.m. to 6:00 p.m. on line and will feature an immersive multimedia experience, highlighted by exclusive guided tours, 3D architectural walk-throughs, live interactions with luxury listing agents, and an inspiring sense of the Lake Tahoe Lifestyle. (to register, visit https://chaseinternational.com/estates-tour)

Pending sales are now outpacing new listings by double the rate on the south shore! Here are the numbers from the past week beginning on June 15th, 2020. This data is extrapolated from the South Tahoe Association of Realtors MLS (Multiple Listing Service) and the Northern Nevada Regional MLS.

California South Shore

  • 19 New Listings
  • 46 Pending Sales
  • 15 Closings
  • 1 Cancellation & 1 Withdrawal

Nevada East Shore

  • 6 New Listings
  • 7 New Pending Sales
  • 0 Closings

It’s interesting to note that every price bracket from $275,000 to $2.3 million is selling at about the same rate.

If you have been thinking of selling or buying sometime soon, please call me at 530-314-9008. Referrals are greatly appreciated! So please pass on my information to friends and family. You may email me at [email protected]