The spring real estate market is here. What’s happening in the Tahoe-Truckee market?
Inventory is still exceptionally low. New listings are down 24% this year compared to last year. As a result, we have also seen a 16% decrease in sales.
However, the median sales price is up 11%.
In the last three weeks, more homes have come on the market now that people are able to get out of the snow and get their houses ready for sale.
Now is still a great time to sell your home. Homes that are priced right and in great condition are selling very quickly. If you are trying to buy a home, let us know exactly what you are looking for so that we can notify you as soon as that property hits the market.
If you have any questions about navigating our current market, just give me a call or send me an email. I would be happy to help you!