Inventory in the Lake Tahoe/Truckee area is extremely low, with average months of inventory between 4 and 4.5 months. Only at the $1.5M and above price point do months of inventory exceed 6 months, which is what the industry considers a “balanced” market (i.e., neither a buyers’ nor a sellers’ market).
If you currently own property in our area, we’d be happy to provide you with a real estate review for your specific parcel(s).