Q1 2023 MARKET REPORT
A Note From Team Tahoe’s Kirstin and Pilar
Stepping into Q2
Following a week of bright sunshine and warmer temperatures, Lake Tahoe’s rapid thaw has tracked with an exciting pace in the local real estate market.
In the past, big winters have resulted in increased supply in the spring and summer (Sellers having a hard time with the snow) and increased demand (Buyers experiencing an incredible ski season and wanting to own in Tahoe).
Low inventory will continue to be the story until the snow melts.
There are a little bit of momentum building on the demand side . . . a few more showings, more people visiting open houses, a handful of multiple offer situations in the last weeks, a few properties selling that had been on the market for an extended time.
Please feel free to call or email us today to find out more. In today’s complex market, expert analysis is critical.
