Tahoe median house prices increasing

By Mark Glover, Sacramento Bee

The median price for a home in the high-end Lake Tahoe real estate market continued to climb in the third quarter, according to Nevada-based Chase International Real Estate.

The median price of a Lake Tahoe home increased 5 percent year-over-year to $482,500.

Chase said the Tahoe City and South Shore markets saw year-over-year sales gains at 6 percent and 14 percent, respectively.

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