Lake Tahoe Real Estate

Market Report

Mid-Year 2016

Market Analysis Includes:

Median Home Price and Units Sold Data

Year Over Year Trending

Reporting By Region

Lakefronts, CA & NV

Tahoe Sierra MLS, CA

North & West Shores, CA

Incline Village & Crystal Bay, NV

Truckee, CA

Prepared by Bill Dietz, President

BillD@TLUXP.com, 530.584.3454, CA BRE Lic #01431063, NV RED Lic #B0027100

Source: Tahoe Sierra MLS and Incline Village MLS

Lakefronts Market Report: Mid-Year 2016

Single-Family Homes and Estates located on California’s North and West Shores (to Rubicon Bay) and in

Nevada’s Incline Village and Crystal Bay

January through June Year-Over-Year

Points of Interest:

Units sold decreases 33% year-over-year

Median price decreases 4% price year-over-year

A word of caution, median price does not directly correlate to market

appreciation/depreciation, and small sample size can heavily influence resultant data

16

9

5 5

9 9

8

15 15

12

8

$4.125M

$4.975M

$3.8M

$2.5M

$3.995M

$2.975M

$3.475M

$4.6M

$3.548M

$4.55M $4.388M

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

0

2

4

6

8

10

12

14

16

18

1st Half

2006

1st Half

2007

1st Half

2008

1st Half

2009

1st Half

2010

1st Half

2011

1st Half

2012

1st Half

2013

1st Half

2014

1st Half

2015

1st Half

2016

Units Sold

Median Price

Tahoe Sierra MLS Market Report: Mid-Year 2016

Single-Family Homes in California on Lake Tahoe’s North and West shores and in Truckee, Donner Lake,

Northstar, Olympic Valley, and Alpine Meadows

January through June Year-Over-Year

Points of Interest:

Units sold increases 17% year-over-year

Median price increases 13% year-over-year

470 units sold makes 2016 the highest First Half sales volume in over ten years

49 Homes of 470 (10%) sold for over $2 million, an increase of 104% year over

year

313

310

261

239

345

362

438

464

390 402

470

$769K

$670K $635K

$550K

$495K

$440K

$416K

$485K

$579K

$550K

$620K

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

0

50

100

150

200

250

300

350

400

450

500

1st Half

2006

1st Half

2007

1st Half

2008

1st Half

2009

1st Half

2010

1st Half

2011

1st Half

2012

1st Half

2013

1st Half

2014

1st Half

2015

1st Half

2016

Units Sold

Median Price

North & West Shores, CA Market Report: Mid-Year 2016

Single-Family Homes in the Lake Tahoe Basin in California including Tahoe’s North and West

Shores, as well as Alpine Meadows and Squaw Valley

January through June Year-Over-Year

Points of Interest:

Units sold decreases less than 1% year-over-year

Median price increases 5% year-over-year

15 of the 151 homes sold for over $2M, equal to 10%, making it the

highest quantity of over $2M homes sold in over 10 years and the

highest percentage of over $2M homes sold in this region since 2008

111

75 68

59

101 106

145

137

126

152

151 $825K

$713K

$653K

$575K

$461K

$480K

$380K

$442K

$534K $569K

$595K

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

0

20

40

60

80

100

120

140

160

1st Half

2006

1st Half

2007

1st Half

2008

1st Half

2009

1st Half

2010

1st Half

2011

1st Half

2012

1st Half

2013

1st Half

2014

1st Half

2015

1st Half

2016

Units Sold

Median Price

Incline Village & Crystal Bay, NV Market Report: Mid-Year 2016

Single-Family Homes in Incline Village and Crystal Bay, Nevada

January through June Year-Over-Year

Points of Interest:

Units sold increases by 48% year-over-year

Median price increases by 10% year-over-year

9 of 73 homes (12%) sold for over $2 million

45

36

46

44

61

111

65

57

73

$1.1M

$988K

$795K

$813K

$780K

$1.064M

$1.025M

$895K

$985K

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

0

20

40

60

80

100

120

1st Half

2008

1st Half

2009

1st Half

2010

1st Half

2011

1st Half

2012

1st Half

2013

1st Half

2014

1st Half

2015

1st Half

2016

Units Sold

Median Price

Truckee, CA Market Report: Mid-Year 2016

Single-Family Homes in Truckee including Downtown Truckee, Glenshire, Prosser, Tahoe Donner,

Donner Lake, Donner Summit, Sierra Meadows, Old Greenwood, Northstar, Martis Camp, &

Lahontan

January through June Year-Over-Year

Points of Interest:

Units sold increases 28% year-over-year

Median price increases 15% year-over-year

319 Units Sold marks the largest sales volume in the First Half is the in over 10

years

34 of 319 Homes (11%) sold for over $2 million, over double year-over-year, and

both the highest quantity and highest percentage of homes sold over $2 million

in this region in the first half in over 10 years

23 Homes sold over $2 million were in Martis Camp

188

224

182

172

230 240

278

312

249 250

319

$725K

$628K

$615K

$525K $490K

$435K $423K

$489K

$578K

$540K

$620K

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

0

50

100

150

200

250

300

350

1st Half

2006

1st Half

2007

1st Half

2008

1st Half

2009

1st Half

2010

1st Half

2011

1st Half

2012

1st Half

2013

1st Half

2014

1st Half

2015

1st Half

2016

Units Sold

Median Price

About Tahoe Luxury Properties

Tahoe Luxury Properties is a full-service real estate company specializing in luxury

real estate sales and premier vacation rentals in the Lake Tahoe region. Since

January 2014, Bill Dietz closed over $180.8 million in residential real estate sales in

both California and Nevada, including 16 lakefront homes. These results reflect

our commitment to our clients.

Tahoe Luxury Properties is best positioned to market and sell premier real estate

throughout Lake Tahoe and its spectacular surrounding communities. Whether

you are looking for a Tahoe family vacation home to enjoy for generations or for

an investment property that will provide a sound return, Tahoe Luxury Properties’

brokers and agents will help you comprehensively understand the real estate

dynamic in the region. Whether you are ready to buy or simply initially exploring

the options in Lake Tahoe Real Estate, let us show you Tahoe Luxury Properties.

For more information, please contact us at 1.800.581.8828 or visit TLUXP.com.