Skip to content
CapRadio

CapRadio

signal status listen live donate
listen live donate signal status
listen live donate signal status
  • News
    • beats
    • State Government
    • Environment
    • Health Care
    • Business
    • Arts and Lifestyle
    • Food and Sustainability
    • PolitiFact California
    • California Dream
    • Videos
    • Photos
  • Music
    • genres
    • Classical
    • Jazz
    • Roots
    • Eclectic
    • Videos
    • Daily Playlist
  • Programs + Podcasts
    • news
    • Morning Edition
    • All Things Considered
    • Marketplace
    • Insight
    • The View From Here
    • music
    • Acid Jazz
    • At the Opera
    • Classical Music
    • Connections
    • Excellence in Jazz
    • Hey, Listen!
    • Insight Music
    • K-ZAP on CapRadio
    • Mick Martin's Blues Party
    • Programs A-Z
    • Podcast Directory
  • Schedules
    • News
    • Music
    • ClassicalStream
    • JazzStream
    • Weekly Schedule
    • Daily Playlist
  • Community
    • Events Calendar
    • CapRadio Garden
    • CapRadio Reads
    • CapRadio Travels
    • Ticket Giveaways
  • Support
    • Evergreen Gift
    • One-Time Gift
    • Corporate Support / Underwriting
    • Vehicle Donation
    • Stock Gift
    • Legacy Gift
    • Endowment Gift
    • Volunteering
    • Benefits
    • Member FAQ
    • e‑Newsletter
    • Drawing Winners
    • Thank You Gifts
  • About Us
  • Contact Us
  • Close Menu
 We Get Support From:
Become a Supporter 
 We Get Support From:
Become a Supporter 

Lake Tahoe Home Sales Rise

  •  Ky Plaskon 
Wednesday, January 8, 2014 | Sacramento, CA
Listen
/
Update RequiredTo play audio, update browser or Flash plugin.
  

Home sales rose nearly 90 percent in some areas around Lake Tahoe last year. 

The average sales volume for all of the Tahoe area was up 23 percent and prices climbed 29 percent to a median home price of $445,000. The east shore of Lake Tahoe and Incline Village led the rise with sales volumes up 70 to 90 percent.

Sue Lowe is senior vice president of Chase International.

“There were several homes over 10 million that sold and that kind of drove those prices up. But even more so for single family residences the units sold were up 35 percent which is a massive so it’s been a very very good year for Incline.”

~Sue Lowe

Sales of homes worth less than a million dollars actually declined. Lowe says that’s because of a lack of inventory. She expects more modest growth this year.

"Of course our Nevada markets saw much more gain than our California markets did and I really attribute that to Prop. 30 in California," said Lowe.

Proposition 30 increases personal income taxes on California residents with income over $250,000 to pay for education. Nevada does not have personal income taxes.


Follow us for more stories like this

CapRadio provides a trusted source of news because of you.  As a nonprofit organization, donations from people like you sustain the journalism that allows us to discover stories that are important to our audience. If you believe in what we do and support our mission, please donate today.

Donate Today  

    Related Stories

  • Sacramento Region New Home Sales In May Best Since 2008

    Wednesday, June 10, 2015
    A report shows new homes sales in the Sacramento region have reached another milestone in May.

 tahoereal estate

Ky Plaskon

Former Contributing Sierra/Reno Reporter

Ky was a contributing reporter to Capital Public Radio through June 2015.  Read Full Bio 

 Email Ky Plaskon

Coronavirus Newsletter

Get answers to your questions, the latest updates and easy access to the resources you need, delivered to your inbox.

 

Want to know what to expect? Here's a recent newsletter.

Thanks for subscribing!

We'll send you weekly emails so you can stay informed about the coronavirus in California.

Browse all newsletters

More Stories

California Department of Public Health/Zoom

Watch: California Health Officials Update On COVID-19 For Jan 19

January 19, 2021

Gabriella Angotti-Jones for NPR

'The Separate and Unequal Health System' Highlighted By COVID-19

January 21, 2021

Harris Will Leave Senate Seat Monday, Set To Return As Tiebreaking Vice President

January 17, 2021

Most Viewed

California Coronavirus Updates: California Lawmakers Scramble To Extend State Eviction Moratorium

California Attorney General Files Nine Lawsuits In One Day As Trump Leaves Office

Legal Observers Say Sacramento Police Arrests Unfairly Targeted Activists With Antifa On Eve Of Inauguration

California’s Capitol On Guard: Inauguration Day Demonstrations End Peacefully

California Coronavirus Updates: More Than A Dozen COVID-19 Patients Being Treated At Former Kings Arena

We Get Support From:
Become a Supporter

Most Viewed

California Coronavirus Updates: California Lawmakers Scramble To Extend State Eviction Moratorium

California Attorney General Files Nine Lawsuits In One Day As Trump Leaves Office

Legal Observers Say Sacramento Police Arrests Unfairly Targeted Activists With Antifa On Eve Of Inauguration

California’s Capitol On Guard: Inauguration Day Demonstrations End Peacefully

California Coronavirus Updates: More Than A Dozen COVID-19 Patients Being Treated At Former Kings Arena

Back to Top

  • CapRadio

    7055 Folsom Boulevard
    Sacramento, CA 95826-2625

    • (916) 278-8900
    • Toll-free (877) 480-5900
    • Email Us
    • Submit a News Tip
  • Contact Us

  • About Us

    • Contact Us / Feedback
    • Coverage
    • Directions
    • Jobs & Internships
    • Mission / Vision / Core Values
    • Press
    • Staff Directory
    • Board of Directors
  • Listening Options

    • Mobile App
    • On Air Schedules
    • Smart Speakers
    • Playlist
    • Podcasts
    • RSS
  • Connect With Us

    •  Facebook
    •  Twitter
    •  Instagram
    •  YouTube
  • Donate

  • Listen

  • Newsletters

CapRadio stations are licensed to California State University, Sacramento. © 2021, Capital Public Radio. All Rights Reserved. Privacy Policy | Website Feedback FCC Public Files: KXJZ KKTO KUOP KQNC KXPR KXSR KXJS. For assistance accessing our public files, please call 916-278-8900 or email us.