Intero's Market Report

South Lake Tahoe, CA

Single-Family Homes



South Lake Tahoe, CA

Sat Mar 02 2024
This week the median list price for South Lake Tahoe, CA is $776,500 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has decreased to 120. Click here to stay informed with the South Lake Tahoe market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

South Lake Tahoe, CA

Sat Mar 02 2024
This week the median list price for South Lake Tahoe, CA is $776,500 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has decreased to 120. Click here to stay informed with the South Lake Tahoe market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the South Lake Tahoe market.
Median List Price $776,500
Median Price of New Listings $529,990
Per Square Foot $520
Average Days on Market 112
Median Days on Market 88
Price Decreased 38%
Price Increased 2%
Relisted 8%
Inventory 120
Median Rent
Market Action 32
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,748,000 2,640 0.25 - 0.5 acre 4 3 40 2 3 84
$875,000 1,832 8,000 - 10,000 sqft 3 2 47 1 1 98
$719,500 1,456 6,500 - 8,000 sqft 3 2 54 3 3 94
$504,500 966 4,500 - 6,500 sqft 2 1 64 7 4 84