Incline Village home for sale at 541 Silvertip Drive
As we move into the fourth quarter of 2025, the Lake Tahoe real estate market continues to reflect thoughtful buyer decisions and strategic purchases. In Incline Village, total sales volume rose 26% year over year to $371.5M, marking a 15% increase in units. The average sale price climbed 10% to just over $3.2M, underscoring steady demand and the enduring appeal of Tahoe’s most desirable neighborhoods. Although the average days on market have risen by 52% year over year—showing a more deliberate pace among buyers—well-presented and well-priced properties continue to attract strong interest.
Compared to pre-pandemic levels, the market remains on solid ground. Since 2019, the average sale price has more than doubled, showing lasting appreciation rather than a short-term spike. Even with sales activity similar to 2019, today’s higher price points highlight a long-term shift in market values.
Throughout the third quarter, the market showed confidence and consistency. Buyers stayed active but selective, favoring move-in-ready homes in prime locations with standout design and outdoor spaces. Looking ahead to winter, the outlook remains positive—supported by Tahoe’s enduring appeal and reputation as one of the most desirable mountain destinations on the west coast.
Our home selling strategies include a unique storytelling approach, combined with heavy digital and print media components, and connections that reach our primary feeder markets, as well as across the globe. If you are interested in learning more about what the value of your home may be, we’d love to talk with you in an honest, no pressure way.
Steady Demand, Rising Values, and a Confident Winter Outlook
As we move into the fourth quarter of 2025, the Lake Tahoe real estate market continues to reflect thoughtful buyer decisions and strategic purchases. Both sales volume and median prices are up from last year, driven by steady demand and the limited availability of Tahoe’s most sought-after homes. Although the average days on market have risen by 52% year over year—showing a more deliberate pace among buyers—well-presented and well-priced properties are still drawing strong interest.
Compared to pre-pandemic levels, the market remains on solid ground. Since 2019, the average sale price has more than doubled, and the median price has climbed nearly 70%, showing lasting appreciation rather than a short-term spike. Even with sales activity similar to 2019, today’s higher price points highlight a long-term shift in market values.
Throughout the third quarter, the market showed confidence and consistency. Buyers stayed active but selective, favoring move-in-ready homes in prime locations with standout design and outdoor spaces. Looking ahead to winter, the outlook remains positive—supported by Tahoe’s enduring appeal and reputation as one of the most desirable mountain destinations on the west coast.
Our home selling strategies include a unique storytelling approach, combined with heavy digital and print media components, and connections that reach our primary feeder markets, as well as across the globe. If you are interested in learning more about what the value of your home may be, we’d love to talk with you in an honest, no pressure way.
Lake Tahoe Real Estate: Luxury Strength, Rising Inventory & Smart Opportunities
As we cross the halfway mark of 2025, the Lake Tahoe real estate market remains active and strategically balanced. While buyers have become more selective due to shifting interest rates and economic conditions, home values in many communities continue to rise, and inventory is returning to pre-COVID levels. Whether you’re considering buying or selling, now is a smart time to assess your position.
This update covers key insights across Incline Village, West Shore, North Shore, Tahoe Donner, and Truckee — with an eye toward helping you make informed decisions in today’s evolving market.
Key Mid-Year Trends
Inventory is up 19% YOY, with June 2025 inventory up 31%, nearing 2019 levels
Homes are selling faster, especially when priced and presented well
Pending sales are down ~40%, signaling buyer selectiveness, not weakness
Luxury demand remains strong, particularly near the lake
California-side median prices continue to rise, even with lower unit sales
Incline Village: High-End Still Holding Strong
Incline continues to shine as a destination for luxury buyers, fueled by Nevada’s tax advantages.
Mid-Year Snapshot – Incline Village
48 homes sold (↓ from 63 in mid-2024)
Median price: $2,056,875
Average price: $2,569,601
37 of 48 homes sold over $1M
✅ Turnkey, well-located homes are still commanding premium prices.
West Shore: Exceptional Value Growth
Even with fewer sales, West Shore values are soaring. This is a prime location for buyers seeking classic lakefront charm, privacy, and long-term equity.
Mid-Year Snapshot – West Shore
16 homes sold
Median price: $1,362,827 (↑19%)
Average price: $3,127,681 (↑97%)
9 of 16 sales over $1M
✅ Waterfront homes and secluded cabins continue to attract serious interest.
North Shore: Buyer Activity Rising
North Shore is heating up, with strong price gains and rising buyer activity. Accessibility to beaches, ski resorts, and walkable towns makes this a versatile option for full-time and part-time owners.
Mid-Year Snapshot – North Shore
18 homes sold (↑ from 15 in mid-2024)
Median price: $1,397,500 (↑27%)
Average price: $2,034,166 (↑73%)
14 of 18 sales over $1M
✅ Buyers continue to value lifestyle, location, and long-term potential.
Tahoe Donner: Active & Affordable
Tahoe Donner remains a top choice for buyers seeking value, amenities, and rental flexibility. This market supports both primary homeownership and second-home investments.
Mid-Year Snapshot – Tahoe Donner
33 homes sold
Median price: $1,060,000
Average price: $1,091,015
✅ Inventory is healthy, and well-prepped homes are moving.
Truckee: High Volume, High Demand
Truckee leads the region in total sales. From resort neighborhoods to family-friendly communities, the market here appeals to a wide range of buyers — especially Bay Area relocators.
Mid-Year Snapshot – Truckee
93 homes sold
Median price: $1,299,000
Average price: $1,661,939
✅ Truckee offers lifestyle, infrastructure, and community in one package.
What’s in It for Buyers Right Now?
Even in a strong market, buyers have unique advantages today:
More inventory = more choice. June saw the biggest YOY jump in available homes since pre-pandemic.
Negotiation power is increasing. With pending sales down 40%, selective buyers can act strategically.
Days on market are shortening, but turnkey properties still offer room to move fast and negotiate.
Tax-friendly zones like Incline Village appeal to those looking to optimize long-term value.
Why Late Summer Matters
Late summer into early fall is one of the busiest windows for real estate activity in Tahoe. Whether you’re planning to buy or sell, this is when:
Buyers look to purchase before winter
Investors and cash clients are most active
Sellers can maximize seasonal visibility
Let’s Talk Strategy — For Sellers or Buyers
If you’re considering selling, buying, or both, this market offers rare clarity and strategic timing. The Chase International market reports offer the insights you need to stay ahead, and I’m happy to walk you through the trends and tailor a plan based on your goals. Read the full 2025 Mid Year Update here
📩 Request a private home valuation or buyer consultation today. I’m here to help you move confidently — and smartly — in 2025.
Lake Tahoe Real Estate: A Steady Favorite in an Unsteady World
Navigating through tariffs, stock market fluctuations, and our ever-changing world, one thing remains constant: people love Lake Tahoe. It is as beautiful as it is simple — and that’s why we continue to believe in the lasting strength of our local real estate market.
The Chase International 2025 Q1 Market Reports are in, and they offer a revealing snapshot of buyer behavior and property performance across the Lake Tahoe basin. Here’s a look at what’s happening in Incline Village, the West Shore, and the North Shore.
Incline Village: Luxury Still Leads
In Q1 2025, Incline Village saw 19 units sold — a significant drop from 30 in Q1 2024, yet the market’s luxury strength remains notable.
Median Price: $1,850,000
Average Price: $1,959,842
Homes Over $1M: 15
Homes Under $1M: 4
Despite a -37% decline in units sold, the market held strong with luxury demand. Median prices were down slightly from last year, but with 100% more homes sold under $1M (4 this year vs. 2 in 2024), there’s a signal that opportunity exists at every level of the market.
West Shore: A Rise in Value
The West Shore had 16 units sold in Q1 2025. While this reflects a small decline from last year (19 units in Q1 2024), property values are rising fast.
Median Price: $1,362,827 (+19%)
Average Price: $3,127,681 (+97%)
Luxury homes dominated the market with 9 of the 16 sales over $1M, indicating a strong preference for waterfront and exclusive West Shore living. This area is clearly gaining traction as a premium destination within Tahoe.
North Shore: Momentum Building
The North Shore showed encouraging signs with 18 units sold, up from 15 in Q1 2024 (+20%).
Median Price: $1,397,500 (+27%)
Average Price: $2,034,166 (+73%)
Homes Over $1M: 14
Homes Under $1M: 4
The North Shore’s appeal continues to grow, especially among luxury buyers. With a jump in both median and average price, this area reflects a market that’s not just holding steady — it’s accelerating.
Why It Matters
Across all three areas, one theme is clear: buyers continue to choose Lake Tahoe for its beauty, lifestyle, and investment potential. While unit volume may fluctuate with broader economic forces, home values and high-end interest remain strong.
Q1 2025 Sales Snapshot (All Areas):
✅ Incline Village: 19 units sold ✅ North Shore: 18 units sold ✅ West Shore: 16 units sold ✅ Truckee: 93 units sold ✅ Tahoe Donner: 33 units sold
Whether you’re a potential buyer, seller, or investor, the Chase International market reports offer the insights you need to stay ahead. Read the full Q1 2025 Market Stats here.
📬 Want a personalized market breakdown or a valuation of your home? 🔗 Click here or DM me anytime.
Stay informed. Stay confident. — Amie with The Q Group
Lake Tahoe continues to be a premier luxury destination and a strong investment market, attracting buyers seeking second homes, vacation retreats, and high-value real estate opportunities. Known for its stunning natural beauty, world-class outdoor recreation, and desirable year-round lifestyle, the region remains a hot spot for both primary and secondary homeowners.
As we move into 2025, the Lake Tahoe home market remains highly competitive, with low housing inventory driving demand, particularly in sought-after areas such as lakefront properties, ski-in/ski-out homes, and luxury mountain estates. Buyers looking in the neighborhoods of the West Shore, North Lake Tahoe, Tahoe City, and Incline Village will continue to face a fast-moving market, as limited supply and high desirability keep home prices strong.
For potential buyers, understanding Lake Tahoe market trends, median home prices, and luxury real estate appreciation is essential for making smart investment decisions. Market conditions, including interest rates, seasonal fluctuations, and buyer demand, will shape opportunities throughout 2025, influencing affordability and competition. Those interested in purchasing a home should work with a local expert to navigate pricing trends, negotiate effectively, and identify the best properties before they hit the broader market.
Sellers also stand to benefit from the ongoing demand, as well-maintained and well-located properties continue to attract interest from buyers looking for Lake Tahoe vacation homes, investment properties, and full-time residences. Proper pricing and expert guidance will be key to maximizing returns in this dynamic market.
Whether you’re considering purchasing a Lake Tahoe luxury home or listing your property for sale, staying ahead of real estate trends is crucial. Thinking about buying or selling in Lake Tahoe in 2025? Contact The Q Group today for expert insights, exclusive listings, and personalized real estate guidance tailored to your needs.
As a luxury destination and strong investment market, Lake Tahoe’s appeal remains robust. For 2025, low inventory is expected to drive competition and sustain strong pricing, particularly in high-demand segments like lakefront and luxury properties.
The Lake Tahoe real estate market remains dynamic as we close out the year. Here’s a snapshot of current market conditions across key areas:
These numbers reflect a mix of opportunities and challenges for buyers and sellers. If you’re considering entering the market, now is a great time to discuss your goals with a real estate professional who understands Tahoe’s unique market.
The Lake Tahoe luxury market experienced significant growth in 2024, highlighted by record-breaking sales and strong demand. A landmark transaction set a new benchmark for the Tahoe Basin, reflecting the appeal of the region’s high-end properties. While some areas saw substantial increases in activity, others faced slight declines, all underscored by a persistent inventory shortage driving prices upward. Despite these challenges, property values remain stable, supported by sustained buyer interest.
For more information on Lake Tahoe properties or questions on the real estate market, contact Amie Quirarte with The Q Group.
In the first three quarters of 2024, all micro-regions saw an increase in the number of single-family homes sold year over year. However, while the slight uptick of homes sold is promising, the overall sales volume sits at around half the number of homes sold in the 2020 peak, and well below the average number of homes sold in the past decade. Lower sales volume is partially driven by overall inventory being down from the peak sales volume years.
In the Tahoe Sierra MLS, supply is down 33% from 2019. Median price remains robust, with Truckee reaching an all-time high ($1.3M) and both Incline Village & Crystal Bay, and the Tahoe Sierra MLS matching their 2022 record highs ($2.5M and $1.25M respectively). Lakefront activity has been notable, with sales volume increasing 67% year over year. Median price of lakefront sales stands at $8.2M. The high lakefront sale was 859 Lakeshore in Incline Village, NV for $47.5M.
Now, as we head into the fourth quarter, where the season change typically slows down Lake Tahoe real estate, sellers become more motivated and buyers who have waited may find their opportunity to pounce. As we transition into 2025, the uncertainty surrounding the election will be behind us, and the anticipated decline in interest rates is expected to boost sales activity, driving prices even higher. If you are a buyer and have a property in your sights, make a move now for the best deal.
The Q Take
The year-over-year rise in home sales is positive, but overall volume remains well below peak levels, largely due to reduced inventory. Strong median prices in Truckee, Incline Village, and lakefront areas show market resilience. As we approach the slower fourth quarter, motivated sellers could offer good opportunities. With potential rate cuts and post-election clarity expected in 2025, buyers should act now to secure the best deals before prices rise further.
In the first half of 2024, unit sales volume rebounded from the lows of 2023. All micro-regions saw an uptick in the number of single-family homes sold; however, the growth still leaves sales volume below pre-covid norms.
On the California side of the basin, median price decreased by 7% year-over-year. All other micro-regions saw an increase in median price. Most increases were under 20%, however quite noticeably, the median price of lakefronts jumped 78%. In the month of June, we had 25 single-family lakefront homes actively listed for ale between Incline Village and Rubicon Bay, a 66% inventory increase year-over-year, and the most active lakefronts we have seen in a single month since August 2019.
Market-wide, we see a 27% increase in inventory, offering buyers a greater selection of properties to choose from. After a few years of disruption, we now see the market shift towards an improved equilibrium between supply and demand.
The Q Take
Overall, the data points to a recovering and stabilizing market, with increased inventory offering more opportunities for buyers and a notable demand for premium properties driving significant price increases in specific segments.
Lake Tahoe real estate starts the year off with a bang! Quarter One saw sales volume rebound from Q1 2023 lows. In all micro-regions, the number of single-family homes sold increased year over year, with growth rates ranging from 35% to 131%.
Inventory remains low, while the demand for homeownership in Tahoe remains high, despite high interest rates. Properties that are appropriately and strategically priced are moving quickly, and the buyer pool is anxiously awaiting the influx of listings we typically see each year when the snow begins to melt.
Single-family homes sold increased 42% year over year.
Median price decreased 16% year over year.
Average Days on Market was 100 days, a 43% increase from 2023.
5 of 37 homes (14%) sold for over $2 million. 1 homes (2%) sold above $5 million.
Single-family homes sold increased 131% year over year.
Median price increased 45% year over year, reaching a record high.
Average Days on Market was 140 days, up only one day over 2023.
19 of 30 homes (63%) sold for over $2 million. 4 homes (13%) sold above $5 million.
Single-family homes sold increased 37% year over year.
Median price increased 8% year over year, nearing the 2022 record high.
Average Days on Market was 75 days, a 9% increase from 2023.
32 of 129 homes (25%) sold for over $2 million. 6 homes (5%) sold above $5 million.
For more information on the Lake Tahoe real estate market, contact Amie Quirarte.
