The Al Tahoe neighborhood continues to enjoy the benefits of being one of the South Shore’s most sought after residential destinations. However, the South Lake Tahoe real estate market report for the Al Tahoe neighborhood showed signs of slowing down in a few of the categories we follow. While the average and median home prices both increased, the amount of closed sales decreased by 5.4%. The month supply is 4.3 so this neighborhood is right on the border of being considered a buyers market, which means there is higher inventory compared to other neighborhoods. The days on the market also went up slightly.
|Al Tahoe Market Comparison||2017||2016|
|Number of Sales||37||35|
|Median Home Price||$420,000||$359,000|
|Average Home Price||$527,441||$438,987|
|Average List to Sale Ratio||97.0||96.6|
|Median Dollar Per Square Foot||$375||$290|
|Days on the Market||93||88|