Market Watch: September 2025
Brought to you by TLUXP.com
Compared to this time last year, the overall market is more active, though the median sales price has softened. From July to August 2025, the Tahoe Sierra MLS saw a strong increase in sales volume, along with a slight increase from this time last year. There was a decline in the median sales price both month over month and year over year, suggesting buyers are becoming more value-conscious. Specifically, month over month, Truckee experienced relatively stable pricing and days on market, while the Lake Tahoe Basin, CA experienced a decline in pricing and the average days on market increased. The Lake Tahoe Basin, NV also gained momentum from this time last year and month over month, with the sales volume over doubling. Lakefront properties saw limited but high-value activity, with sales volume and price increasing both month over month and year over year.
