February 2016 Sales Volume 16% Higher than January 2016 Sales
January 2016 had the highest sales volume in the last 11 years here in Lake Tahoe.
Inventory is typically low during this time of year, but with the increased winter activity, our area has seen an influx of Buyers looking to purchase our beautiful homes, but without the inventory to support that demand! We’ve been seeing lower than normal Days on Market since the winter began, as houses that have been coming on the market, if priced well, and appealing to Buyers, are receiving offers within a few days of being on the market. Turnaround is QUICK.
If you’re looking to sell or purchase your Lake Tahoe home, now is truly a great time to do so. Buyers are waiting for new inventory to hit the market, and if you’re considering purchasing a home up here, the sooner you start looking and know what you’re looking for, the more comfortable you’ll be putting an offer in, and making your dream a reality. With multiple offers and Buyers at a table, there’s no room for hesitation. If you’ve spent the time now understanding the market and neighborhoods, when you see your home, you’ll KNOW it’s the one.