As we move into mid-summer in Lake Tahoe, it is exciting to see so many lakefront properties come onto the market in Lake Tahoe. New listings range in prices of $35 million for a 6 bedroom, 5 bath estate in Meeks Bay to a $7.5 million listing in the much sought-after Brockway Hot Springs.
Read MoreIn 2018, the lakefront and luxury market was on fire, but in 2019 it has also slowed down. In 2018, we saw the median price of lakefronts soar as high as 8.6 million. Numerous sales in the years leading up to 2018 reflected the lower pricepoint of lakefront listings at 4 million.
Read MoreSales in North Lake Tahoe and Truckee remained strong in August 2018 showing a total dollar volume of sales activity at $891 million for the month. While 2017 also showed a strong growth in sales of properties over $1 million, 2018 actually was higher.
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