When looking at the 4th Quarter Market report for The Y Area, every single category was up. While some of the categories were pretty close to last year around this time, values have increased along with price per square foot. Bonus for buyers: The month supply has increased which means more inventory to choose from. Here are the numbers for the market categories we follow for the Tahoe Sierra neighborhood.
|Y Area 4th Quarter Report||2018||2019|
|Number of Sales||16||21|
|Average Sale Price||$340,529||$403,055|
|Median Sale Price||$329,500||$350,000|
|Average List to Sale Ratio||97.2%||97.7%|
|Average Dollar Per Square Foot||$203||$215|
|Days on the Market||112||117|