The Truckee-Tahoe region shattered sales record after sales record in 2020 for residential real estate – from the sheer volume of transactions to the highest home prices the region has ever seen – and there is no sign of slowing in 2021.
Here’s a quick overview of the current 2021 Truckee-Tahoe real estate market:
✅ Home prices in Tahoe have increased 25% year-over-year
✅ The median home price is 20% higher year-over-year & the highest ever recorded
✅ Total residential real estate transactions have increased 40% year-over-year
To put it simply, Truckee-Tahoe is unequivocally a SELLERS MARKET – the only question is, how long will it last?
Stay informed about your home’s value by reading, 4 Things to Know When Selling Your Tahoe Home in 2021, to access timely, relevant, and exclusive information on the most effective way to analyze and potentially list your property in the most unique market Tahoe has ever seen: