Tahoe Keys Real Estate Report

Looking for Tahoe Keys homes for sale? You are in luck. The best way to start your journey is by finding out what the local market report is from a Tahoe Keys realtor. Both buyers and sellers need to know what the month supply is, the sold prices and what the days on market are so they can come up with a strategic plan to achieve their Tahoe Keys real estate goals. A seller will likely want to sell fast and for the most money while a buyer will likely want a property that fits their criteria AND their budget. A Tahoe Keys realtor will be able to tell you these details as well as guide you on how to proceed. So how is the Tahoe Keys real estate market looking? Let’s look at the numbers below.

The average and median sold prices for Tahoe Keys homes for sale are up compared to this time last year at about the same percentage. The average is up 7.9% at $867,476 while the median is up 7.8% at $762,250. This neighborhood currently has the highest sold price compared to other neighborhoods in South Lake Tahoe. The average percentage of list price is 95.8%, which basically tells sellers and buyer their negotiation power.

The amount of Tahoe Keys homes for sale has seen no change from last year while new listings are down 3.6%. The pending sales are up 16.2% while the closed sales are up 26.5%. The median days on market is down to 102 while the average is down to 126. The month supply is up from last year by 3.5% at 5.6. This is actually down from last month though. If you have more questions about what is happening in our market, feel free to contact me. I have been serving this neighborhood as a Tahoe Keys realtor for years and I would be happy to help.

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