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Posts from February 28th, 2025

Lake Tahoe & National Real Estate News

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February
28

February 28th, 2025 by
  February Months supply of homes for sale
Measuring the supply of homes is one way to determine whether the real estate market is favoring the Buyers or the Sellers. It's calculated by dividing the number of the Homes and Condo/Townhomes currently for sale by the rate of pending sales in the past month. As of February 27th, 2025, the months supply of homes for South Lake Tahoe is 3.18 months. The months supply of homes for the Nevada east shore of Lake Tahoe is 7.9 months. According to the chart above, this would indicate a slightly favorable market for the sellers on the south shore and a more favorable market for the buyers on the NV east shore. February is typically a turning point for more homes to come on the market. The South Lake Tahoe  market continues to give a slight advantage to sellers.  The last 2 weeks experienced a modest surge of buyers with pending sales. Overall buyers are still reluctant to jump into the market right away.  The Nevada east shore numbers suggest a Buyer's market but activity still remains sluggish. If you would like more market information, please contact me anytime, jwire@chaseinternational.com.
Jim Wire
Realtor
NV64977, CA994721
(530) 314-9008
jwire@chaseinternational.comjwire.chaseinternational.com
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