It’s truly been the Winter of 2023! We are pleased to present Elder Group Tahoe’s Q1 2023 Truckee-Tahoe Market Report. Q1 brought anticipated lower sales volume and inventory. With weeks of freeway closings due to storms and record snow, difficulty in reaching listed properties and holding listing inventory until the snow melts, these factors impacted both sellers and buyers.
During Q1 2023, property closed at an average of ~ 97% of list price noting MLS volume decreased over 50% as compared to the same period in 2022. There is pent up seller and buyer demand. We continue to see a transition from stock market investments to real property – and there’s no better place than Truckee-Tahoe!
With Spring sprouting and snow receding, a robust summer is ahead with fantastic products in all price segments based on early listing calls from our Elder Group clients. Always informative and focused on bringing value, Alison is an expert in the Truckee-Tahoe real estate market. Contact Alison anytime for a personal consultation about your home’s value or buying your dream property! Click on the Q1 Market Report above for a comprehensive overview of the Truckee-Tahoe real estate market. And, view your preferred Neighborhoods below!
Martis Valley Estates
North Lake Tahoe
North Lake Tahoe Lakefronts