TAHOE MOUNTAIN REPORT TAHOE – TRUCKEE MARKET OVERVIEW
THE HUB & OFFICE LOCATIONS
tahoemountainrealty.com
DRE 01995145
Free Public Coworking & Industry-Leading Real Estate Resources NORTHSTAR
DOWNTOWN
GRAY’S CROSSING
OLD GREENWOOD
3001 Northstar Drive
10396 Donner Pass Road
10117 Jakes Way
12915 Fairway Drive
Open Daily | 10am – 4pm
Monday – Friday | 10am – 4pm
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Contact for Info
530.550.2000
info@tahoemountainrealty.com
tahoemountainrealty.com
DRE 01995145
TAHOE – TRUCKEE TRANSACTION VOLUME VOLUME COMPARISON COMPARISON TRANSACTION 2,322 2000 1800
1,848
1,746 1600
1,620
1,634
1,578
1400
1,297
1200
1,252 1,134
1000
1,252
1,156
800 600 482
400 0
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026*
AVERAGE SALES PRICE $2,100,000
$1,602,715
$2,000,000
$900,000
$1,133,663
$1,047,342
$1,000,000
$ 1,764,797 $1,520,695
$1,489,861 $832,540
$800,000
$1,906,805
$ 1,639,433
$907,330 $854,649
$700,000 $600,000 $500,000 2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026*
530.550.2000 | info@tahoemountainrealty.com | tahoemountainrealty.com | DRE 01995145 | PO Box 3757, Truckee, CA 96160
6 M O M A R K E T OV E R V I E W RESIDENTIAL TRANSACTION BY PRICE POINT SUMMARY 2016
> $1MM 299
> $2MM 111
> $5MM 43
> $10MM 8
2017
346
105
33
4
2018
386
147
34
7
2019
348
94
25
5
2020
723
257
57
5
2021
875
284
76
20
2022
702
236
49
17
2023
567
189
47
8
2024
630
213
42
14
2025
686
272
65
23
2026*
266
106
31
10
ACTIVE LISTING INVENTORY 900 700
680
766
518 640
500
495
515
508
300
137
231
320
264
0 2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026*
MARTIS CAMP VS TAHOE LAKEFRONTS MEDIAN SALES PRICE MARTIS CAMP
LAKEFRONTS
2016
$4,325,000
$4,176,000
2017
$4,466,000
$4,176,000
2018
$4,675,000
$3,747,000
2019
$5,100,000
$4,287,500
2020
$5,626,000
$4,388,000
2021
$6,522,000
$8,574,143
2022
$8,557,000
$9,482,000
2023
$7,275,000
$7,750,000
2024
$7,125,000
$7,253,000
2025
$8,500,000
$8,397,000
2026*
$6,700,000
$10,655,000
MARTIS CAMP
LAKEFRONTS
$10,000,000
$8,000,000
$6,000,000
$4,000,000
16
20
17
20
18
20
19
20
20
20
21
20
22
20
23
20
24
20
Data collected January - July 2026. Data contained in this report is from the Tahoe Sierra Board of Realtors. Information is deemed reliable but not guaranteed. Consult your Tahoe Mountain Realty Broker for more information.
25
20
26
20
MARKET NEWS
The first half of 2026 has reinforced the continued maturation of the Tahoe-Truckee real estate market. Pricing reached new highs across much of the region, luxury demand remained resilient, and inventory gradually expanded, creating a healthier balance between buyers and sellers. Rather than moving in unison, individual communities continued to follow their own trajectories, shaped by local supply, product mix, and buyer preferences. Luxury remained the defining story. More than half of all residential sales closed above $1 million, while Incline Village once again led the market with record-setting lakefront transactions, including the year's $46 million and $20 million sales. Martis Camp continued to distinguish itself as one of the West's premier luxury communities, with strong demand, limited inventory, and sustained pricing power. Elsewhere, the market became increasingly nuanced. Communities such as Lahontan and Schaffer's Mill experienced more balanced conditions as inventory increased and buyers became more selective, while many Truckee and North Lake Tahoe neighborhoods posted steady gains in both pricing and transaction activity. Throughout the region, well-positioned homes continued to outperform, while ambitious pricing strategies gave way to longer marketing times and thoughtful price adjustments. Taken together, the first half of 2026 illustrates a market defined less by broad regional trends than by the unique dynamics of each community. Understanding those distinctions has never been more important, and the pages that follow provide a detailed look at how each neighborhood performed through the first six months of the year. As always, we are grateful to our clients and the communities we serve. This year, Tahoe Mountain Realty was honored to be recognized as the Best Real Estate Team by the readers of the Sierra Sun, a reflection of the relationships we have built and the trust our clients continue to place in our team.
Best regards, Jeff Brown
General Manager Tahoe Mountain Realty
530.550.2000 | info@tahoemountainrealty.com | tahoemountainrealty.com | DRE 01995145