Were you curious what the real estate market looked like for 2016? Here’s the actual figures for you to review.
“2016 was an exciting year for Lake Tahoe, Truckee and surrounding area real estate markets. With metrics pointing to some all time highs in sales volume coupled with market-wide price improvements, this year proved to be a prolific time for Lake Tahoe’s real estate climate.
As pricing inches back to historical highs of 2007, demand continues to outpace inventory. And because the market reacts differently throughout the region’s many diverse communities, 2016 showed variable success across different segments.” Click here to view the reports -Sierra Sotheby’s International Realty
After reviewing the year end report, this is great time to buy or sell in the North Lake Tahoe and Truckee region. For more information about your real estate needs contact your local real estate expert Carmen Carr.