When comparing 2021 to 2020 the Tahoe Keys neighborhoods showed an upswing in values in the real estate categories that we follow. While the number of sales decreased in 2021 the average and median sale prices increased significantly when compared to the year before. The average dollar per square foot and list to sale price ratio also increased while the inventory of homes on the market decreased. Overall the Tahoe Keys neighborhood is in high demand and continues to be a sellers market going into the year 2022.
Tahoe Keys | 2020 | 2021 |
---|---|---|
Number of Sales | 96 | 57 |
Median Sale Price | $1,007,500 | $1,470,000 |
Average Sale Price | $1,288,900 | $1,731,596 |
Average List to Sale Ratio | 96% | 98.3% |
Median Dollar Per Square Foot | $537 | $669 |
Days on the Market | 87 | 92 |
Month Supply | 2.8 | 1.1 (-60.7%) |