The Tahoe Paradise neighborhood in South Lake Tahoe showed all positive notes in the market categories that we follow. In 2018, the median and average sales price increased and so did the average dollar per square foot. We also saw a significant increase in the number of homes sold in this neighborhood in 2018. Although the average list to sale price ratio took a slight drop the average time on the market was less than compared to the year before. Here are the market comparison numbers for the past 2 years in the Tahoe Paradise neighborhood:
| Tahoe Paradise Market Comparison | 2017 | 2018 |
|---|---|---|
| Number of Sales | 34 | 49 |
| Median Sale Price | $495,000 | $522,450 |
| Average Sale Price | $545,668 | $554,418 |
| Average List to Sale Ratio | 98.1% | 97.1% |
| Median Dollar Per Square Foot | $289 | $316 |
| Days on the Market | 81 | 74 |
| Month Supply | 2.7 | 3.1 |
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