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North & West Shore Lake Tahoe | Quarter 3 2016
MICROMARKET
REPORT
TA H O E M I C R O R E P O R TS .C O M
MICROMARKET REPORT | NORTH & WEST SHOREQUARTER 3 2016 | TAHOEMICROREPORTS.COM
1
NORTH AND WEST SHORE LAKE TAHOE NEIGHBORHOODS
3
2
4
1. Lake Tahoe - North Shore
2. Squaw Valley
3. Alpine Meadows
4. Lake Tahoe - West Shore
January through September 2015 2016 % ChangeMedian Price $525,000 $552,000 5%
Average List Price $658,697 $742,347 13%
Average Sold Price $634,962 $718,743 13%
Average Days on Market 94 82 -13%
Highest Sold Price $3,350,000 $3,600,000 7%
Lowest Sold Price $125,000 $213,000 70%
Properties Sold 127 118 -7%
% Sold Price to Average List Price 96% 97% 0%
Total Dollar Volume Sold $80,640,237 $84,811,750 5%
January through September 2015 2016 % ChangeMedian Price $332,250 $340,000 2%
Average List Price $446,012 $427,775 -4%
Average Sold Price $431,268 $414,427 -4%
Average Days on Market 58 109 88%
Highest Sold Price $2,201,000 $2,100,000 -5%
Lowest Sold Price $55,000 $88,000 60%
Properties Sold 54 41 -24%
% Sold Price to Average List Price 97% 97% 0%
Total Dollar Volume Sold $23,288,500 $16,991,510 -27%
$332,250
$446,012
$431,268
2015$332,250
2016$340,000
2016$340,000
% Change% Change
-4%
-4%$414,427$414,427
109
$2,201,000$2,201,000
$55,000
$2,201,000
$55,000Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
Properties Sold
Average Days on Market
Highest Sold Price
Lowest Sold Price
$525,000
$658,697
$634,962
2015$525,000
$658,697
$634,962
$742,347
2016$552,000
% Change% Change
13%
13%13%
82
$3,600,000$3,600,000$3,600,000$3,350,000
$125,000
$3,350,000
$125,000$125,000Lowest Sold Price
Properties Sold
% Sold Price to Average List Price
Highest Sold Price
Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
NORTH SHORE - LAKEFRONT
Sin
gle
Fam
ily
Single Family
NORTH SHORE - NONLAKEFRONT
Sin
gle
Fam
ily
Single Family
NORTH SHORE
Con
dos
Condos
MICROMARKET REPORT | NORTH & WEST SHOREQUARTER 3 2016 | TAHOEMICROREPORTS.COM
NORTH & WEST SHORE | MARKETS BY AREA
January through September 2015 2016 % ChangeMedian Price $4,200,000 $2,526,750 -40%
Average List Price $4,433,222 $3,124,500 -30%
Average Sold Price $4,225,833 $2,526,750 -40%
Average Days on Market 213 228 7%
Highest Sold Price $8,199,000 $2,958,500 -64%
Lowest Sold Price $2,201,000 $2,095,000 -5%
Properties Sold 9 2 -78%
% Sold Price to Average List Price 95% 81% -15%
Total Dollar Volume Sold $38,032,500 $5,053,500 -87%
January through September 2015 2016 % ChangeMedian Price $540,500 $599,000 11%
Average List Price $652,724 $715,608 10%
Average Sold Price $625,140 $695,333 11%
Average Days on Market 122 99 -19%
Highest Sold Price $1,840,000 $2,550,000 39%
Lowest Sold Price $198,000 $192,000 -3%
Properties Sold 84 99 18%
% Sold Price to Average List Price 96% 97% 1%
Total Dollar Volume Sold $52,511,825 $68,838,002 31%
January through September 2015 2016 % ChangeMedian Price $1,200,000 $375,000 -69%
Average List Price $1,519,142 $491,523 -68%
Average Sold Price $1,452,632 $468,734 -68%
Average Days on Market 174 133 -24%
Highest Sold Price $3,100,000 $1,450,000 -53%
Lowest Sold Price $369,000 $170,000 -54%
Properties Sold 7 13 86%
% Sold Price to Average List Price 96% 95% 0%
Total Dollar Volume Sold $10,168,425 $6,093,550 -40%
$1,519,142
$1,452,632
$1,200,000
$1,519,142
$1,452,632
2015$1,200,000
2016$375,000
2016$375,000
% Change% Change
-68%-68%
-68%$468,734$468,734
133
$3,100,000$3,100,000
$369,000
$3,100,000
$369,000Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
Properties Sold
Average Days on Market
Highest Sold Price
Lowest Sold Price
$540,500
$652,724
$625,140
2015$540,500
$652,724
$625,140
$715,608
2016$599,000
% Change% Change
10%
11%11%
99
$2,550,000$2,550,000$2,550,000$1,840,000
$198,000
$1,840,000
$198,000$198,000Lowest Sold Price
Properties Sold
% Sold Price to Average List Price
Highest Sold Price
Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
WEST SHORE LAKEFRONT
Sin
gle
Fam
ily
Single Family
WEST SHORE - NONLAKEFRONT
Sin
gle
Fam
ily
Single Family
WEST SHORE
Con
dos
(All)
Condos (All)
MICROMARKET REPORT | NORTH & WEST SHOREQUARTER 3 2016 | TAHOEMICROREPORTS.COM
NORTH & WEST SHORE | MARKETS BY AREA
January through September 2015 2016 % ChangeMedian Price $5,505,850 $4,025,000 -27%
Average List Price $5,538,750 $5,712,090 3%
Average Sold Price $5,551,784 $5,514,272 -1%
Average Days on Market 228 208 -9%
Highest Sold Price $8,850,000 $17,500,000 98%
Lowest Sold Price $2,800,000 $1,750,000 -38%
Properties Sold 8 11 38%
% Sold Price to Average List Price 100% 97% -4%
Total Dollar Volume Sold $44,414,274 $60,657,000 37%
January through September 2015 2016 % ChangeMedian Price $487,000 $389,000 -20%
Average List Price $539,278 $429,948 -20%
Average Sold Price $512,937 $408,871 -20%
Average Days on Market 207 204 -1%
Highest Sold Price $975,000 $925,000 -5%
Lowest Sold Price $180,000 $110,000 -39%
Properties Sold 24 35 46%
% Sold Price to Average List Price 95% 95% 0%
Total Dollar Volume Sold $12,310,500 $14,310,500 16%
January through September 2015 2016 % ChangeMedian Price $314,000 $512,500 63%
Average List Price $461,318 $507,100 10%
Average Sold Price $434,500 $485,050 12%
Average Days on Market 237 139 -41%
Highest Sold Price $710,000 $629,000 -11%
Lowest Sold Price $288,000 $256,000 -11%
Properties Sold 10 10 0%
% Sold Price to Average List Price 94% 96% 2%
Total Dollar Volume Sold $4,345,000 $4,850,000 12%
$314,000
$461,318
2015$314,000
$461,318
2016$512,500
2016$512,500
% Change% Change
10%
12%$485,050$485,050
139
$485,050
$710,000$710,000$710,000
$288,000Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
Properties Sold
Average Days on Market
Highest Sold Price
Lowest Sold Price
Average Days on Market
Highest Sold Price
Lowest Sold Price
$487,000
$539,278
$512,937
2015$487,000
$539,278
$512,937
$429,948
2016$389,000
% Change% Change
-20%
-20%-20%
204
$925,000$925,000$975,000
$180,000
$975,000
$180,000$180,000Lowest Sold Price
Properties Sold
% Sold Price to Average List Price
Highest Sold Price
Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
SQUAW VALLEY
Sin
gle
Fam
ily
Single Family
SQUAW VALLEY
Con
dos
Condos
THE VILLAGE AT SQUAW
Con
dos
Condos
MICROMARKET REPORT | NORTH & WEST SHOREQUARTER 3 2016 | TAHOEMICROREPORTS.COM
NORTH & WEST SHORE | MARKETS BY AREA
January through September 2015 2016 % ChangeMedian Price $852,000 $1,074,000 26%
Average List Price $986,000 $1,579,647 60%
Average Sold Price $960,285 $1,447,905 51%
Average Days on Market 305 304 0%
Highest Sold Price $1,451,000 $3,890,000 168%
Lowest Sold Price $464,000 $500,000 8%
Properties Sold 7 17 143%
% Sold Price to Average List Price 97% 92% -6%
Total Dollar Volume Sold $6,722,000 $24,614,390 266%
January through September 2015 2016 % ChangeMedian Price $322,500 $340,000 5%
Average List Price $332,000 $348,878 5%
Average Sold Price $315,000 $338,142 7%
Average Days on Market 65 179 175%
Highest Sold Price $335,000 $445,000 33%
Lowest Sold Price $280,000 $208,000 -26%
Properties Sold 4 7 75%
% Sold Price to Average List Price 95% 97% 2%
Total Dollar Volume Sold $1,260,000 $2,367,000 88%
$322,500
$332,000
$315,000
2015$322,500
$332,000
$315,000
$348,878
2016$340,000
% Change% Change
5%
7%7%
179
$445,000$445,000$335,000
$280,000
$335,000
$280,000$280,000Lowest Sold Price
Properties Sold
% Sold Price to Average List Price
Highest Sold Price
Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
Properties Sold
Highest Sold Price
Lowest Sold Price
ALPINE MEADOWS
Sin
gle
Fam
ily
Single Family
ALPINE MEADOWS
Con
dos
Condos
MICROMARKET REPORT | NORTH & WEST SHOREQUARTER 3 2016 | TAHOEMICROREPORTS.COM
NORTH & WEST SHORE | MARKETS BY AREA
January through September 2015 2016 % ChangeMedian Price $783,600 $725,000 -7%
Average List Price $988,888 $847,200 -14%
Average Sold Price $939,677 $806,200 -14%
Average Days on Market 77 100 30%
Highest Sold Price $1,950,000 $1,303,000 -33%
Lowest Sold Price $334,500 $452,000 35%
Properties Sold 9 15 67%
% Sold Price to Average List Price 95% 95% 0%
Total Dollar Volume Sold $8,457,100 $12,093,000 43%
Lake. Ski. Golf. Farm & Ranch.
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