Tahoe homes prices begin to level off – Home Sales Pick Up With Surge in the $10 Million Market

LAKE TAHOE, Nev. – July 8, 2010 – (RealEstateRama) — Home prices in Lake Tahoe are beginning to level off and the high-end market is looking lively, according to a mid-year analysis by Chase International.The average home price was up two percent ($899,515) while the median dropped only one percent ($530,681). The slight changes mark the first time the Lake Tahoe real estate market hasn’t experienced a significant drop in home prices since the end of 2007. The report compares sales and figures from January 1 through June 30, 2009 to the first two quarters of 2010.


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