Market Insights Around Lake Tahoe: 2025 Mid Year Update

Lake Tahoe Real Estate: Luxury Strength, Rising Inventory & Smart Opportunities

 

As we cross the halfway mark of 2025, the Lake Tahoe and Truckee 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 and a limited supply of quality listings.

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.

🧭 If you’ve been watching the market, now may be your time to secure a Tahoe home before competition ramps up this fall.


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.

🔗 Click here or DM me anytime.

Stay informed. Stay confident.
— Amie with The Q Group

Spotlight Listing: The Spirit of Old Tahoe in Meeks Bay

The Spirit of Old Tahoe

7+ Bedrooms | 7+ Bathrooms|  5,210 sqft Main House | Lakefront Setting

Offered at $30,000,000

Listed by: Chase International

A rare offering of 4.29 almost-all-level acres along over 600 feet of pristine Rubicon sand beach, with sweeping views of iconic Big Blue—Lake Tahoe. This expansive lakefront estate captures the essence of “Old Tahoe” with its serene, private setting and timeless charm. Whether you’re enjoying lawn games under the pines, relaxing on the viewing bench, or soaking in the sun on the spacious pier, the landscape invites peaceful moments and unforgettable gatherings. A protected boat house and two buoys provide ideal mooring for your watercraft. The multiple dwellings—including a main residence, guest house, and bunk house—complement the land without overpowering it, allowing the natural beauty of this extraordinary property to take center stage.

For a private tour of this extraordinary property, contact me directly to schedule a confidential showing.

📧 Email me at amie@realestatenorthtahoe.com
🌐 Visit Amie Quirarte with The Q Group to learn more

 

 

Spotlight Listing: Shakespeare Ranch Properties in Tahoe

Life at Shakespeare Ranch: A Rare Tahoe Experience

9 Beds | 9 full 5 partial Baths | 45,000 sqft | 130.00 Acreage | $188,000,000
Listed by: Chase International

Chase International presents the sale of Shakespeare Ranch Properties, an enclave of rare lakefront and meadow properties nestled within the gates of the iconic Shakespeare Ranch in historic Glenbrook, NV-Lake Tahoe’s only gated lakeside golf course community. This world-class offering spans 130 acres with over 425 ft of lake frontage, a 465-ft private pier, two boat lifts, 14 buoys, boat house, 17 residences and cabins, four lakefront properties, 1873 historic entertainment barn, pool house, spa, gym, art loft, barn, stables and rodeo grounds.

Imagine waking to the soft hush of waves against your private pier, the scent of pine in the morning air, and panoramic lake views stretching beyond your window. At Shakespeare Ranch, this isn’t just a daydream — it’s daily life. From summer mornings spent paddleboarding from your private 465-foot pier to evenings entertaining guests in the historic entertainment barn, every moment here feels elevated, intentional, and distinctly Tahoe.

Step outside your lakefront home and onto a breezy cabana deck with a coffee in hand. Watch the light change across the water as the Sierra Nevada peaks wake up with you. Thanks to two boat lifts and access to 12 private buoys, spontaneity on the lake is effortless.

For those who love to entertain, the ranch delivers unforgettable experiences. When the sun sets, gather around a fire pit under a blanket of stars — no city lights, no distractions. Just pure Tahoe magic.

Read More About this Iconic Property

For a private tour of this iconic Lake Tahoe estate, contact me directly to schedule a confidential showing.  Let’s explore what life could look like at Shakespeare Ranch.

📧 Email me at amie@realestatenorthtahoe.com
🌐 Visit Amie Quirarte with The Q Group to learn more

 

 

Market Insights Around Lake Tahoe: Q1 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

It’s All in the Draw and Pull: The Story of 113 Mammoth Drive

coffee with amie talking about the draw and pull of a success story

In Escrow with an Over-Asking Offer

The story of 113 Mammoth Drive is a master class in utilizing the draw and pull method. We’re excited to share one of our most recent listing success stories in Dollar Point with you, which is now in escrow with an over-asking offer before it ever hit the market.

The first buyers who toured the home made a move. Why? Because we leveraged our agent relationships and buyer connections, along with our market insights, listing preparation, timing, and strategy to deliver powerful results. 


The Strategy Behind the Sale

The Draw
From the moment we prepped and positioned the home, we knew it had features that would speak directly to motivated buyers. The setting, layout, and design created that instant emotional connection — the kind that makes buyers say, “This is the one.”

The Pull
We tapped into our private network of buyers and agents, generating early buzz and urgency. The pull of the neighborhood, combined with our strategic outreach, brought serious buyers to the table before a single public listing went live.

The Result
No open houses or bidding chaos. Just one well-matched buyer, a strong offer over-asking, and a very happy seller.


Thinking of Selling? Let’s Talk About the Draw & Pull of Your Property.

With the right approach, your home can create instant connection and demand — whether you want to go fully on-market or keep things more discreet.

If you are curious about learning more about your home in Tahoe or have any questions that we can help with, do not hesitate to reach out.

📬 Let’s schedule a confidential strategy session. We’ll identify what gives your home strong draw, create the right pull, and help you sell with confidence and clarity.

Contact Amie Quirarte at The Q Group

The Q Take | Record Market Growth in 2024

Real Estate Market and Trends

View Full Market Report

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.

JUST SOLD | 11260 Alder Drive, Truckee

JUST SOLD | REPRESENTED BUYER

11260 Alder Drive, Truckee, California

7 Bedrooms | 5 Bathrooms | 3,492 SF

Sale Price $1,615,000

Courtesy photo: Elder Group Tahoe | Chase International

 

Historic downtown Truckee is one of Tahoe’s most livable and loved communities. With an adorable downtown, great shopping and delicious dining, you’ll love living here. Lake Tahoe is 20 minutes away or, just minutes from downtown, you’ll find Donner Lake with its public docks and beautiful mountain setting. Not only is Truckee just 30 minutes from Reno on I-80, but it’s also a hub of outdoor activities all year long with access to world-class ski resorts, hiking trails, mountain biking, mountain climbing and watersports just minutes from the heart of downtown. With luxurious enclaves in the Martis Valley, local resident communities like Glenshire Devonshire and Sierra Meadows, condominiums sprinkled throughout the area and homes along the Truckee River, Truckee has properties for everyone. Picture yourself walking to Truckee Thursdays, buying local produce at one of the Farmers Markets, rocking out at Music in the Park, or biking the Legacy Trail.

For more information on Truckee properties, contact Amie Quirarte with The Q Group.

JUST SOLD | 505 Old Mill Road, Tahoe City

JUST SOLD | REPRESENTED BUYER

505 Old Mill Road, Tahoe City, California

3 Bedrooms | 2.5 Bathrooms | 2,736 SF

Sale Price $1,350,000

Courtesy photo: Mountain Luxury Properties

What could be more perfect than a town on the shores of Lake Tahoe? The majority of condos and homes here are either on the North Shore or the West Shore of Lake Tahoe separated by the “Y” intersection of Highways 28 and 89 in Tahoe City making it the hub many communities in both directions. Both areas have fantastic benefits – the West Shore tends to have a slower pace and miles of trails and the North Shore tends to be sunnier and has spectacular beaches. The areas around Tahoe City have offerings like classic old Tahoe condos and homes, new mountain modern single-family homes and luxury enclaves with unparalleled amenities and private beaches. So, whether you’re looking for a private beach and pier, a pool for the kiddos, a classic Tahoe cabin or a small condominium to use as a basecamp, Tahoe City has you covered.

For more information on Tahoe City properties, contact Amie Quirarte with The Q Group.

JUST SOLD | 160 Cherry Street, Homewood

JUST SOLD | REPRESENTED SELLER

160 Cherry Street, Homewood, California

6 Bedrooms | 5.5 Bathrooms | 5,670 SF

Sale Price $6,700,000

Tahoe Swiss Village is a family-friendly community built as “an Alpine community in the Swiss tradition” and is located on the West Shore of Lake Tahoe. The 80-property community offers a variety of property types and includes access to their private lakefront beach area. The developer’s Swiss vision included streets named after famous mountain passes in the Swiss Alps like Simplon, Furka and Grimsel. Both Homewood and Sunnyside are nearby for dining and services. In the summer, be sure to catch a sunset from Sunnyside’s gorgeous outdoor seating or, better yet, from Tahoe Swiss Village’s private beach.

For more information on West Shore properties, contact Amie Quirarte.

Q3 2024 Market Report from The Q Group

Market Spurs Buyer Opportunities Ahead

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.


Inside the Market Report

View Full Market Report

For more information on the Lake Tahoe real estate market, contact Amie Quirarte.