Tahoe real estate picked up steam in 2014
By Mark Glover, Sacramento Bee
The Lake Tahoe real estate market continued its post-recession improvement last year, according to Nevada-based Chase International.
The 2014 median sales price of a Lake Tahoe home increased 7 percent year-over-year to $475,000; the average price was $807,088, up 4 percent from the previous year.
Unit sales, however, were down around the lake, with overall sales volume dipping 8 percent. Homes selling for more than $1 million were down 6 percent.