Rob Sabo
rsabo@nnbw.biz

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June 22, 2012
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Lake Tahoe home sales starting to heat up

LAKE TAHOE - The arrival of hot summer weather has the potential to heat the residential resale market in the Lake Tahoe Basin.

On the Nevada side of South Lake Tahoe, a slight dip in the median sales price for homes so far this year doesn't necessarily point to falling values in the region, says Jesse Chamberlain, broker/owner with RE/MAX Realty Today in South Lake Tahoe.

The median price of homes for the region that includes Stateline to Cave Rock to Kingsbury Grade was $1.27 million as of June 1. However, Chamberlain notes, last year there were three Nevada lakefront …

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The Nevada Appeal Updated Jun 22, 2012 05:41AM Published Jun 22, 2012 05:40AM Copyright 2012 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.