The Tahoe Paradise neighborhood showed some not so great trends when comparing the 2nd quarter of 2020 to the 2nd quarter of 2019. Of course, this was the time period when Lake Tahoe has a travel ban in place and folks were hunkering down due to Covid-19. The number of sales stayed the same while the average and median sold prices went down. Interestingly, the average dollar per square foot increased in 2020 along with the percentage of list price. The month supply of homes also went down as a result of the pandemic which proves the theory that the dip in numbers is simply a result of the health crisis.
|Number of Sales||17||17|
|Median Sale Price||$475,000||$532,000|
|Average Sale Price||$537,882||$571,375|
|Average List to Sale Ratio||97.1%||96.8%|
|Median Dollar Per Square Foot||$314.00||$306.83|
|Days on the Market||115||106|