| | | July is bringing the heat to the real estate scene in Lake Tahoe, buzzing with excitement and patriotic flair! Just like the fireworks lighting up the sky, the property market is on fire. Families are out in full force, looking for their dream homes before the new school year, and sellers are sprucing up their listings to attract eager buyers. It's a time of open houses and neighborhood barbecues, where the American dream of homeownership feels more alive than ever. Whether you're on the hunt for a city loft or a cozy suburban nest, July offers a mix of opportunities and fun in the real estate world that's as vibrant as a fireworks display. So, get ready to dive into the sizzling summer market and make the most of the exciting real estate scene in Lake Tahoe this July! |
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I'm so grateful for my amazing Compass Team! Last week's office social hour was an absolute blast. I feel incredibly lucky to work with such a fantastic group of professionals. In addition, I had the opportunity to contribute to a community beach clean-up for our local South Tahoe non-profit outrigger canoe club, Kawai'ulu 'O Tahoe! It was a rewarding experience to give back to our beautiful community. |
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| | Home prices are down slightly, days on market are up, number of sold properties are up, and the number of listings available are up nearly 57% from this time last year. What does that mean for sellers? There is buyer demand, but realistic pricing is important. What does that mean for buyers? A slight softening in prices, motivated sellers, and more inventory available to choose from! Now is the perfect time to purchase your Tahoe dream home. |
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Top 3 Market Highlights in Lake Tahoe & Reno |
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| Average Sales Price Home for North Lake Tahoe + Truckee, which is 8% higher than May 2023. |
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| | | Sold listings in South Lake Tahoe which is 36% higher than May 2023. |
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| | | Average Days on Market in Incline Village + Crystal Bay, NV which is 27 less days than May 2023. |
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| | Celebrate Independence Day in style by attending one of these events! *Area officials advise viewers to plan ahead, consider alternative modes of transportation, and take all trash and belongings when the show concludes. Leave no trace! July 5th, join in on the Lake Tahoe Beach Cleanup. Go to, really any beach in town, and start picking up trash left behind! |
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July 2nd | 6:30 - 7:30 pm |
| Lake Tahoe History Talks on The Beach |
| Join the Lake Tahoe Historical Society for another one of its summer Tahoe History Talks on the Beach at Lakeview Commons in South Lake Tahoe (1004 Lakeview Ave., South Lake Tahoe). |
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| | Lake Tahoe Shakespeare Festival |
| Imagine your toes in the sand, a fantastic bottle of wine nearby, a gourmet meal in hand and first-class entertainment before you… all while basking in a perfect Lake Tahoe sunset with your friends and family. You’re not dreaming; you’re experiencing the enchantment of Lake Tahoe Shakespeare Festival. |
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| JULY 10 - 14 | 8:00 - 3:00 pm |
| American Century Celebrity Golf Championship |
| Early player commitments for the wildly popular event include longtime favorites Charles Barkley, Tony Romo, Colin Jost, Miles Teller, Larry the Cable Guy, Ray Romano and Northern California sports stars Jerry Rice, Steve Young, Aaron Rodgers, Derek Carr, Charles Woodson, and Robbie Gould. |
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| | Death Ride Tour of the California Alps- Bike Tour |
| Join us on Saturday, July 13, 2024, for the renowned Death Ride® cycling event hosted by the Alpine County Chamber of Commerce. This challenging course covers five mountain passes, including Monitor Pass, Ebbetts Pass, and the final climb up Carson Pass, finishing at Turtle Rock Park near Markleeville, |
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| | | | | 2 BD 1 BA 688 SF $399,500 |
| One of the least expensive cabins in all of Tahoe!! Discover the allure of South Lake Tahoe with this charming cabin, now available for sale. Nestled among towering pines and offering endless outdoor adventures, this 2-bedroom cabin presents an exciting opportunity for a cozy retreat or primary home. Step inside to find a warm and welcoming interior that perfectly captures the spirit of the area. The open living area features wood-beamed ceilings and a gas fireplace on a brick hearth. This cabin comes fully furnished, making it a seamless transition for those eager to move in. All the comforts of home are provided, allowing you to enjoy your Tahoe getaway from day one.The property boasts ample space, making it a fantastic opportunity to add an Accessory Dwelling Unit (ADU). Unlock the potential for additional rental income, a guest house, or a private retreat. Or add a garage with guest quarters. There is also a large storage shed that could be used as an additional sleeping area. A site verification was performed by the TRPA and shows an additional 203 SF of additional coverage available.South Lake Tahoe is a haven for outdoor enthusiasts, and this cabin's location offers easy access to year-round activities. From skiing and hiking in the nearby mountains to swimming and boating on Lake Tahoe, the possibilities are endless. This property is located within walking distance to stores and restaurants, as well as Trout Creek and the meadow, with several miles of paved and unpaved bike paths and trails. Very easy access to Highway 50/Lake Tahoe Blvd on a City maintained road which easily accessible during all seasons. The cabin's exterior features classic wood siding, a spacious fenced deck for outdoor gatherings, and a tranquil forested setting that ensures privacy and serenity. The back yard is fully fenced and has additional storage for all of your outdoor gear. It even has 2 wall air conditioning units to keep you cool on warmer summer days.Located just minutes from the lake, Heavenly Ski Resort, dining, shopping, and entertainment, you'll enjoy both the tranquility of the cabin and the convenience of nearby amenities. Whether you're captivated by the winter wonderland or the vibrant summer activities, this cabin offers year-round appeal and a true taste of the Tahoe lifestyle. Don't miss the chance to explore this charming cabin in person. Schedule a viewing today to fully experience its unique character and potential. |
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| | | | 2 BD 1 BA 688 SF $399,500 |
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| | | | 115 Tramway Drive, Unit 1 |
| 2 BD 2 BA 864 SF $420,000 |
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| | | | | 4 BD 3 BA 2023 SF $755,000 |
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| | | 1/3 of Single-Family Homes For Sale are Newly Built. Here's what Buyers Need to Know: |
| “It doesn’t mean necessarily that new construction has ramped up,” said Robert Dietz, chief economist of the National Association of Home Builders. Homebuilders are still constructing about 1 million single-family homes a year, he said. “What’s happened is that the level of resale inventory has shrunk,” Dietz said. |
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| | Lifestyle Tips and Tricks |
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| | The Hottest Summer Ever Is Coming: What Extreme Heat Can Do to Your Home - And How to Prevent the Damage |
| The Realtor.com® 2024 climate risk study found that nearly a third of all homes in the U.S. are located in areas that are prone to extreme heat exposure. |
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| Common Seller and Buyer Mistakes |
| Buying and selling real estate is littered with costly obstacles, but you can steer clear of many of them. |
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| Houzz Emerging Summer Design Trends Reports Reveals What's Hot |
| Houzz has released its Emerging Summer Design Trends Report, which includes organic modern style, reading rooms, Japanese influence, and more! |
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| America's Top 10 Buyer's Markets |
| Where you can still land a bargain below the asking price |
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Ready to achieve your next real estate goal? |
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Compass is a real estate broker licensed in the State of Nevada and the State of California operating under multiple entities. DRE License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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