Tahoe Keys Monthly Market Report

What a month in Tahoe Keys real estate! For those looking to list or buy Tahoe Keys homes for sale, the below information is a great guide that fills consumers in on what is happening in this desirable neighborhood. Sellers can use this info as a way to understand how to best position their property while buyers gauge what makes a competitive offer that stands out in the crowd. Let’s take a look…..

The average sold price for Tahoe Keys homes for sale is officially over the million-dollar mark at $1,059,151. This is up over 25.5% compared to this time last year. The median sold price for homes for sale in Tahoe Keys is currently at $747,500. This number is up 10.4% from this time last year. The amount of Tahoe Keys homes for sale that are available is down 32.4%. While most of this report is good news for sellers, buyers get some good news in that new listings in this area are up 28.6%. The amount of closed sales is up 62.3% and the amount of pending properties is up 71.4%. The average days on market is at 109 currently. The month supply is down almost 45.3% compared to last year at this time and is currently 3.5. The good news with this number is that while it is still a seller’s market, it is higher than the average for South Lake Tahoe real estate, which means this particular neighborhood has more inventory than some of the other areas in town.

For more information on buying or selling Tahoe Keys real estate, feel free to give me a call. I have been successfully serving this neighborhood for over 20 years.

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