2024 Mid-Year Real Estate Market Report
The 2024 mid-year real estate statistics for Lake Tahoe, Truckee, and surrounding areas highlight a vibrant market compared to 2023.
Key Highlights
- Single Family Homes:
- Sales Volume: +19% ($537.8M)
- Median Price: +9% ($1M)
- Units Sold: +28%
- Condos:
- Sales Volume: +26% ($157M)
- Median Price: +9% ($795K)
- Units Sold: +4%
Regional Insights
- North & West Shore:
- Sales Volume: +24% ($123.4M)
- Median Price: -8% ($1.155M)
- Incline Village:
- Sales Volume: +23% ($174.8M)
- Median Price: +17% ($2.775M)
- East Shore:
- Sales Volume: -14% ($71.1M)
- Median Price: -23% ($1.45M)
- Truckee:
- Sales Volume: +3% ($363.9M)
- Median Price: +14% ($1.325M)
The Lake Tahoe real estate market has shown strong growth in the first half of 2024, with notable increases in sales volume and median prices across most regions.