Year In Review South Lake Tahoe Market Update - 2021
2021 was quite the year!
Between August 2020 and August 2021, home prices across the United States rose to record levels, with the housing market rising to a record of 19.9%.
2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market.
Our 2021 Year in Review South Lake Tahoe market update showcases everything you need to know about local real estate trends as we head into the new year.
Our Market 2021 Year in Review
2.2 Months of Supply
This is a Seller's market.
746
New Listings
606
Under Contract
122
Active Listings
629
Closed Sales
Homes Sold
98%
Sale-to-List Price
$699K
Average Sales Price
53
Average Days on Market
$484
Average Price per Square Foot
$646M
Dollar Volume
Curious about how your home's value changed in 2022?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2022.