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.
Winter Selling in Lake Tahoe: A Unique Opportunity
Selling your home in the winter might seem like a challenge, but in Lake Tahoe, it can be a strategic choice with great potential. With fewer listings on the market, your property has a better chance to shine, standing out to serious buyers who are actively searching during this season.
Winter buyers are often highly motivated—they may need to relocate quickly, are eager to secure a vacation property, or want to settle into their new home before spring. Additionally, Lake Tahoe’s winter charm works to your advantage. Showcasing your home’s cozy interiors, stunning snow-covered views, and features like fireplaces or heated floors can create an irresistible appeal.
If you have been considering selling, winter might just be the ideal time to make your move. Let’s discuss how to highlight your home’s best features and attract the right buyers in this unique season.
Ready to make the most of Lake Tahoe’s winter market? Contact me for a personalized consultation and discover why winter might be the perfect time to sell.
Tax Relief Options for Los Angeles Properties Affected by Wildfires
As wildfires continue to impact Los Angeles and surrounding areas, many homeowners face the daunting task of rebuilding and recovering. For Lake Tahoe homeowners with properties in Los Angeles, understanding available resources and relief options is critical. The Los Angeles County Assessor’s Office offers valuable tax relief programs to help property owners navigate these challenging times. Below, we’ve outlined the key options available and how they may apply to you.
1. Misfortune and Calamity Tax Relief
If your property has been damaged or destroyed by a calamity such as wildfire or flooding, you may qualify for property tax relief. Here are the details:
Eligibility Requirements:
The property must be damaged or destroyed by a calamity, with the loss exceeding $10,000 in current market value.
An Application for Reassessment: Property Damaged or Destroyed by Misfortune or Calamity (ADS-820) must be submitted to the Assessor’s Office.
The application must be filed within 12 months from the date of damage or destruction.
Benefits:
You may receive a reassessment of your property’s value based on its post-damage condition, potentially reducing your property tax liability.
2. Proposition 19: Disaster Relief Transfer of Base Value
If your property was substantially damaged or destroyed by a Governor-declared disaster, Proposition 19 provides additional relief:
Key Features:
You can transfer your property’s tax base to a comparable replacement property within the same county or in another California county.
This allows you to maintain your lower tax base, even if you move to a new property.
Eligibility:
The replacement property must be comparable in value and purchased or built within a specific timeframe. For detailed guidelines, visit the Prop. 19 page.
Additional Resources
For further guidance or support, consider these resources:
LA County Assessor’s Office Contact Form: For personalized assistance, use the Contact Form.
California Board of Equalization Disaster Relief Website: Additional tools and resources are available at boe.ca.gov.
Recovering from a disaster is never easy, but these programs can help ease the financial burden. Together, we can weather this challenging time and work toward rebuilding stronger communities.
Our hearts are heavy as we witness the devastation caused by the Los Angeles fires. To all Angelenos impacted—families, neighbors, first responders, pets, and wildlife—our thoughts are with you during this incredibly trying time.
For our Tahoe community, we recognize that many of you are second homeowners with properties or loved ones in the Los Angeles area. If you’ve been directly impacted, please know that our support extends to you as well. The strength and resilience shown by our communities remind us that we are stronger together.
In the spirit of unity, we’ve compiled essential resources to assist those affected and to help those who wish to contribute to relief efforts:
Emergency Updates and Safety Tips
Ready LA: ready.lacounty.gov
Stay informed on evacuation orders, safety tips, and emergency alerts.
Cal Fire: fire.ca.gov/incidents
Track fire updates, containment progress, and safety guidelines.
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With these connections, your property is marketed to an extensive international audience, ensuring maximum visibility and success.
Ready to Get Started?
Whether this is your first time selling or you’re a seasoned homeowner, having a trusted expert by your side can make all the difference.
The terms buyer’s market and seller’s market are essential in understanding the dynamics of real estate. They influence everything from pricing and competition to how quickly homes sell. Let’s break down what these markets mean and how they affect buyers and sellers.
What Is a Buyer’s Market?
A buyer’s market occurs when there are more homes for sale than there are buyers actively looking. This creates an oversupply, giving buyers the upper hand in negotiations.
Key Characteristics of a Buyer’s Market:
High Inventory: More homes available than interested buyers.
Longer Days on Market (DOM): Homes take longer to sell.
Price Reductions: Sellers may lower their asking price to attract buyers.
Fewer Bidding Wars: Buyers often have the luxury to negotiate better terms.
What Is a Seller’s Market?
A seller’s market occurs when there are more buyers than available homes. Limited supply increases competition, driving up prices and favoring sellers.
Key Characteristics of a Seller’s Market:
Low Inventory: Few homes available compared to the number of buyers.
Quick Sales: Homes sell faster, often within days.
Multiple Offers: Buyers compete, sometimes leading to bidding wars.
Higher Prices: Sellers can price their homes higher due to demand.
What It Means for You
If You’re a Buyer:
In a buyer’s market, take your time to find the right home and negotiate favorable terms.
In a seller’s market, get pre-approved, act quickly, and be prepared to offer competitively.
If You’re a Seller:
In a seller’s market, capitalize on demand by pricing your home competitively to spark interest and potentially multiple offers.
In a buyer’s market, invest in staging and pricing your home strategically to attract offers quickly.
Whether it’s a buyer’s or seller’s market, understanding the dynamics gives you the tools to make informed decisions. Partnering with a skilled real estate professional can help you navigate the market confidently and achieve your goals.
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.
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.
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.
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.
