West Shore, Lake Tahoe, California, Real Estate Price Trend Report
Real estate is a local market. Even in the Lake Tahoe – Truckee, California area not all neighborhoods and communities are experiencing the same market conditions.
Let’s take a look at the West Shore of Lake Tahoe, California, which is made up of several communities. Some of the well-known neighborhoods and communities on the West Shore include: Tahoe City, Tahoe Sierra Estates, Tahoe Woods, Lake Tahoe Park, Talmont, Alpine Peaks, Pineland, Timberland, Ward Creek, Skyland, Tahoe Pines, Tahoe Swiss Village, Homewood, McKinney Shores, Chamberlands /the Chambers Landing area, Tahoma, Glenridge, Meeks Bay, and Rubicon Bay.
This area is approximately 15 miles of Lake Tahoe shoreline and starts with Tahoe City, California where Highway 28 meets Highway 89 South ending in the Rubicon Bay area right before the D.L. Bliss State Park / Emerald Bay area.
Many people do not know that Tahoe City, California is located on both the North Shore and the West Shore areas of Lake Tahoe. The downtown area of Tahoe City is located on the North Shore of Lake Tahoe, while the Truckee River and Fanny Bridge is located on the West Shore of Tahoe City. As a result of Tahoe City being a defining point for the two shores, you will find Tahoe City on both the North Shore and West Shore market reports.
The West Shore, Lake Tahoe area has had a significant price correction over the past few years. The average median sold single family home sales price has dropped -41% since the market peak in 2006.
So where is this market headed? The following graph shows the West Shore, Lake Tahoe, California pricing trend, which looks like we may have put in a pricing bottom.
Thinking about making the West Shore area your second home? Here are the homes for sale on the West Shore of Lake Tahoe:
- West Shore Lake Tahoe Lakefront Homes for Sale
- West Shore Lake Tahoe Homes for Sale
- West Shore Lake Tahoe Condos for Sale
For all of your Tahoe real estate needs –
Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304
All information is deemed reliable, but is subject to change, and/or correction without notice.
West Shore, Lake Tahoe, California, Real Estate Price Trend Report