The Tahoe Keys neighborhood saw a slight drop in values when comparing the first 3 quarters of 2019 to the first 3 quarters of 2018. The number of sales, median sale price and dollar per square foot all took a drop in value while the list to sale price ratio and the average days on the market went down slightly.
|Tahoe Keys 3rd Quarter Report||2018||2019|
|Number of Sales||44||38|
|Median Sale Price||$832,000||$780,000|
|Average Sale Price||$1,002,668||$1,019,811|
|Average List to Sale Ratio||94.3%||95%|
|Median Dollar Per Square Foot||$416||$414|
|Days on the Market||134||414|
The average month’s supply of homes on the market has continued to increase in the Tahoe Keys neighborhood over the past few years which indicated the inventory is rising in this neighborhood.