Greetings from the Overall & Hamilton Group!
Last week, we hosted our 7th Annual Tahoe Connect event, bringing together nearly 100 top agents from various markets for two days of collaboration and networking.
Why does this matter to you? We carefully curate this group to expose agents from across the country to our local Tahoe market and listings, casting a wider net to showcase our sellers’ properties to a targeted audience. These relationships also give us the ability to assist you in other markets where you may already own or are considering purchasing. For example, we had agents from Vail, Aspen, Park City, Maui, Hawaii, Chicago, Austin, Boston, and throughout California.
Through these connections, we’re able to link you with the best agents and resources no matter where your real estate needs take you, making us your true real estate advisors, wherever you are.
Speaking of other markets, I am pleased to share the highly anticipated 2025 Resort Report! At Sierra Sotheby's International Realty, we take pride in delivering insightful analyses of the resort market conditions in our esteemed service areas.
Covering 17 of the most desirable resort markets from Colorado, Utah, Wyoming to California, Sotheby’s International Realty’s annual Resort Report delivers key insights into year-over-year market performance across the Mountain West.
Whether you’re looking to buy, sell, or invest, these insights will help you make your next move with confidence. For a comprehensive look into resort market trends click the button below to explore the full report.
As we move into the last month of Q1 2025, the Tahoe Truckee real estate market remains strong, with momentum concentrated in the luxury segment. Premium communities continue setting new price records, while activity in lower price ranges is slower due to limited inventory, high interest rates, and typical winter slowdowns.
Resort communities like Martis Camp, Schaffer’s Mill, Northstar, Sugar Bowl, and the West Shore of Lake Tahoe saw a significant uptick in luxury activity in January and February. Since the start of the year, six sales exceeded $6 million, including a Tahoe City lakefront estate for $27.5 million. As a result, while dollar volume has increased year-over-year, total sales for the first two months remain nearly the same as last year.
Last year, many buyers held off due to election uncertainties, high interest rates, fire insurance costs, and hopes that prices would drop. The biggest shift now is that buyers are accepting that prices aren’t falling and realizing they still want to come to Tahoe, despite those factors. Many are simply tired of waiting.
What’s clear is that buyers remain cautious and selective. Homes that are overpriced or need updates are struggling, while well-maintained homes in prime locations continue to attract interest.
Inventory remains low, with less than a 2.5-month supply. As ski season winds down, we expect more inventory to hit the market, which will likely coincide with a surge in demand as buyers return for summer in Tahoe. This should result in a healthy, balanced market.
We will continue to keep you informed on the market and provide updates on any significant trends or shifts.
Sotheby's International Realty has released its impressive 2024 brand statistics, showcasing the continued strength and dominance of its global network. With an unparalleled reputation for luxury, our brand continues to outperform the competition, securing exclusive rankings and surpassing industry standards in multiple key markets. We are proud to have the power of the Sotheby's International Realty network backing our team on a local and global level.
Thank you for your continued trust in our team and this remarkable brand.
The Overall & Hamilton Group has access to a significant list of off-market properties that might be a perfect fit for what you're looking for. We also have strong relationships with local brokers, allowing us to share additional off-market listings.
If you're interested in gaining access to this exclusive list, please contact me directly. Or, if you're considering selling but prefer not to list on the MLS or the public internet, let's discuss this option.
This discreet and effective "whisper campaign" targets only the most serious and qualified buyers, minimizing unnecessary foot traffic. Our experience with this strategy has led to several successful off-market sales recently, and we expect this trend to continue.
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