2022 Q2 Market Update
Summer is here, and I am excited to report that our market remains strong amidst inflationary trends and new levels of low inventory. Prices are starting to reduce slightly, and homes are staying available longer than this time last year. However, the market is still driven up by short supply and staggering demand.
Our Market -The real estate market is leveling, and we are experiencing mixed signals within it. To me, the low inventory reflects people feeling the safest investment is in their families and the memories they are creating right now, rather than trying to make a buck in these settling times.
For our Sellers – The market is at an all-time high; it is changing with clients wanting to “hold off” or “wait” for good inventory, lower prices, better deals, and realistic sellers wanting to negotiate. This can still work in your favor.
California’s North & West Shore
4240 North Lake Blvd.
Carnelian Bay, CA
Sold for: $23,650,000
Incline Village & Crystal Bay
674 Alpine View Drive
Incline Village, NV
Sold for: $17,500,000
2022 Q2 Market Reports
Click below to view the sales from 2022 and historical sales number in Lake Tahoe and the surrounding areas.
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