Avezta Realty International Corp.

Executive Summary

The South Lake Tahoe, CA real estate market is currently classified as a balanced market. The median asking price is $650K, up 317.7% over the past 30 days.

There are currently 5 active listings, representing 5 months of inventory. Inventory has increased 150.0% compared to last month.

Currently, listings spend an average of 28 days on market and the average price per square foot is $375.

Detached properties make up the largest share of the South Lake Tahoe market at 75% of active listings with an average price of $1.0M. Townhouse listings follow at 25% (avg $1.6M).

Sales Activity & Absorption

Volume

1
Sold (30d)
28
Avg DOM
3
New (30d)
1
New (7d)

Market Signals

2
Price Cuts (30d)
1
New (7d)
100%
Sell-Through
1
New (7d)

1 properties sold in the past 30 days, 3 new listings appeared in the past month, 2 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
5months
Balanced Market
Sell-Through Rate100.0%
Inventory Change (30d)+150.0%
Site Active Listings5

At 5 months of inventory, the market is balanced. Neither buyers nor sellers have a decisive advantage — a good time for realistic pricing and considered offers.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $650K, 20% down, 25yr amortization
$3,022/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

The market is relatively balanced between buyers and sellers. The South Lake Tahoe market currently has 5 active listings with a median price of $650K and 5 months of inventory.

  • Prices rising (317.7% in 30 days)
  • High price reduction rate (40% of listings)
  • High sell-through rate (100%)
  • Average price per square foot is $375

For Buyers

The South Lake Tahoe market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings. There were 1 new listings in the past week.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes. 2 listings have reduced their price in the past 30 days. The current sell-through rate is 100%.

Search South Lake Tahoe

Browse all 5 active listings.

View All Listings

Resources

Market data is calculated from active and recently sold MLS listings as of March 3, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.