The snow is melting fast and the days are getting longer in Lake Tahoe! It is turning into a beautiful spring as the temperature rises. We anticipate a full lake this summer, prime for boating and waterfront leisure. The pulse of our real estate market is starting to pick up as well, as people begin to shift their focus to the coming summer months, which is historically our busiest real estate season.

If you haven't noticed, our Tahoe City office is being remodeled and we are excited to move back in later this month with a fresh exterior design heading into summer. We hope you'll stop in some time to see our new location (275 N Lake Blvd) and say hello!

For the North Shore and West Shore in Q1 2024, sales volume picked up from the dramatic lows of 2023 but remains below the historical average. We saw 53 sales for Single Family Homes and Condos in Q1 2024, up from 41 sales in Q1 2023. For reference, we've historically seen about 62 sales in Q1 according to the Tahoe Sierra MLS. However, both the median and average price fell, with the average price dropping moderately to $1,143,000 from $1,172,000, and median price falling a bit more significantly to $850,000 from $950,000 in 2023.

In the lakefront market, there has only been ONE sale on the North Shore & West Shore in 2024. The Moore Team represented the seller of 8209 Meeks Bay Ave, which sold for $7,300,000 on 3/29/2024. The property had a beautiful 4,500 square foot home and enjoyed use of a private deep-water pier with a boat lift and 2 buoy moorings. Currently there are 6 active lakefront listings on the North Shore & West Shore, ranging from $5,100,000 - $35,000,000. There are no lakefront properties currently pending sale in the TahoeSierra MLS. 

The farmer's market returns to Tahoe City on May 16th and runs through October 24th this year. Every Thursday from 8am - 1pm, at Common's Beach, you'll find friendly faces, locally grown fruits & veggies, fresh baked goodies, and hand made crafts. We hope you'll stop by our newly remodeled Mountain Lux office (across the street from Common's Beach entrance) to say hello!

Made in Tahoe celebrates all things LOCAL on May 25th & 26th from 11am - 5pm. The Village at Palisades Tahoe will host a wide array of offerings that are made in or inspired by the Lake Tahoe Basin and Truckee areas: local artisans, businesses, chefs, organizations, and entertainers. Discover, explore, and experience our rich community full of talented creators while enjoying a variety of local food and beer. All proceeds from the Made in Tahoe bars benefit the Tahoe Food Hub.

The 17th Annual Tahoe City Food & Wine Classic will take place on June 8th from 1-4pm. Experience Tahoe City in one of the most eclectic ways by taking a stroll downtown along the lakeside sidewalks sipping wine, tasting delicious morsels, and discovering our charming shops and businesses. This event features the tastiest wines & beverages paired with the most delicious food bites provided by North Tahoe’s favorite restaurants and caterers!  We hope you stop by the Mountain Lux office for some amazing music, wine, and food during the event!

Imagine your toes in the sand, a fantastic bottle of wine nearby, a gourmet meal in hand and first-class entertainment before you… all while basking in a perfect Lake Tahoe sunset with your friends and family. You’re not dreaming, you’re experiencing the enchantment of Lake Tahoe Shakespeare Festival at Sand Harbor at Lake Tahoe Nevada State Park. June 28th - August 25th, 2024.

MONICA SMITH  |  MARK MOORE  |  KIMBERLY BOYLE  |  BRENDAN BOYLE

CA BRE 00691452, 02014452, 01995832, 02069122

NV S. 0194297