With an eventful summer all over California for real estate, Lake Tahoe area was right there in the midst of a bustling Seller’s market. Although we saw a drop in the overall volume of sales from last year this time, we are observing both the median and average prices make a steady creep up. With steadily rising sale prices, the market is continuing to create a comfortable environment for Sellers all around the Lake Tahoe Basin and Truckee areas. In turn, it is offering Buyers opportunities to take part in this competitive market while loan rates remain relatively low.
Ski season is coming soon! Do you have clients who love to ski? What would be more fun than to help find them the perfect vacation home just in time for ski season? With 12 alpine ski resorts, 3 full-service nordic centers, and endless ski touring possibilities in the Tahoe-Truckee area, you are now uniquely poised to connect your buyers to that most enjoyable of experiences…gliding down, over, and through the fluffy white stuff. With an average annual snowfall of over 600 inches above 7000′, Tahoe is one of the world’s best kept secrets for the avid skier. Whether you prefer the family-oriented atmosphere of Northstar or the challenging terrain of Squaw Valley and Kirkwood, there is a resort here for everyone. Cross-country skiers can max out their heart-rate while skating on the world-class tracks at Tahoe X/C or take a relaxing afternoon slide through the woods in the West Shore’s Blackwood Canyon.
Fun Facts of Lake TahoeLake Tahoe is fed by 63 streams and 2 hot springs. According to scientists, if the massive volume of 39 trillion gallons of water were ever drained, it would take 700 years for the hot springs, snowmelt and precipitation to fill it again. Duane LeRoy Bliss was a 19th century lumber baron who owned nearly 75% of Tahoe’s shoreline as well as the local steamboat line, the train system, and a variety of other businesses. In the 1930’s, his family donated about 800 acres of lakefront property to the State of California for D.L. Bliss State Park, home to North America’s highest elevation lighthouse. The largest alpine lake in North America, Lake Tahoe is roughly 22 miles long and 12 miles wide.