South Lake Tahoe Monthly Market Update, August 2025
Nanda & Jimmy Dozier
We truly understand the importance of listening, relating to our clients, communicating, being patient, problem solving and helping clients work towar...
We truly understand the importance of listening, relating to our clients, communicating, being patient, problem solving and helping clients work towar...
The housing market in South Lake Tahoe has cooled slightly as we move deeper into summer. Higher mortgage rates continue to impact buyer budgets, which has led to slower activity overall. Homes are taking longer to sell, and we’re seeing more sellers adjust their prices in order to attract offers.
Inventory has also been climbing. More homes are coming on the market, and they’re staying active longer than they would have in past seasons. With more choices available, buyers are able to take their time, carefully compare options, and negotiate from a stronger position. Sellers, on the other hand, need to be realistic with their pricing and ensure their properties show well if they want to stand out.
Price reductions are becoming more common across different price points. Homes that are well-maintained, updated, or in especially desirable locations are still drawing interest and can sell quickly. But properties needing work, or those priced above recent comparable sales, are sitting longer and eventually requiring markdowns.
Overall, the current market conditions favor buyers. If you’re thinking about selling, it’s important to position your home competitively right from the start. For buyers, this is an opportunity to shop without the intense competition we’ve seen in previous summers, and in some cases secure favorable terms.
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Stats Summary
August 2025
$607k
Median Price
64
New Listings
58
Homes Sold
69
Avg Days on Mkt
Stats Comparison from a Year Ago
South Lake Tahoe CA
- Median Sales Price - August 2025$607,000
- Median Sales Price - August 2024$710,000
- Number of Homes Sold - August 202558
- Number of Homes Sold - August 202453
- New Listings - August 202564
- New Listings - August 202488
- Total Number of Homes on the Market - August 2025232
- Total Number of Homes on the Market - August 2024274
- Number of Homes Under Contract - August 202575
- Number of Homes Under Contract - August 202453
- Average Days on the Market - August 202569
- Average Days on the Market - August 202456
- Number of Foreclosure Homes on The Market - August 20250
- Number of Foreclosure Homes on The Market - August 20240
- Number of Short Sale Homes on The Market - August 20250
- Number of Short Sale Homes on The Market - August 20240
This Month’s Must See Home for Sale
Homes for sale - 1540 Ojibwa St, South Lake Tahoe, CA
View photos and detailed information for 1540 Ojibwa Street, South Lake Tahoe, CA 96150, M...
This Month’s Most Expensive Home for Sale
Homes for sale - 2076 Traverse Ct, South Lake Tahoe, CA
View photos and detailed information for 2076 Traverse Court, South Lake Tahoe, CA 96150, ...
This Month’s Least Expensive Home for Sale
Homes for sale - 1223 Bonanza Ave #7, South Lake Tahoe, CA
View photos and detailed information for 1223 Bonanza Avenue #7, South Lake Tahoe, CA 9615...
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