South Lake Tahoe Real Estate Market Report | January 2025

South Lake Tahoe Real Estate Market Report | January 2025

Happy New Year to you!

The new year is one of my favorite times of year. It's chance to reflect on the last year, and commit to change going forward into the new year. Camryn and I like to set new year challenges, this year we're doing 75 days no drinking, and for that time read 10 pages everyday, get out in nature x5/week, workout x6/week (snowboarding counts for two) and only buy necessary things. These challenges help us magnify our goals, and keep momentum. If you're looking for a template for reflection, one of my favorite podcasts Modern Wisdom has one you can check out here: 

 

Modern Wisdom Review

 

Looking back on Compass' Success over the last few years:

  • Solidified our position as the #1 brokerage by sales volume in the United States for three consecutive years.

  • Surpassed over $1 trillion in sales volume and successfully guided over 1 million clients within 10 years of listing our first sale on Compass.com.

  • Built the industry’s most powerful referral network, with nearly 34,000 top real estate agents and almost 115,000 transactions driven by referrals.

Market Update in Tahoe

The Tahoe Market always seems to quiet down from Thanksgiving through the New Year. Showings for my listings are extremely low, even the traffic for my open houses has been minimal. There's been more and more talk around rate cuts, and the consensus seems to be they're not going significantly down or up anytime soon. We'll see what adjustments come with the official inaguration of President Trump on the 20th, it's too early to tell what changes he makes, and how they'll affect real estate going forward. 

What's this mean for you?

For any selling consideration -reach out to me so I can give you an updated value for your home. Marketing and positioning your home in a slower market doesn't always equate lesser value, over the last year you may have equity you're unaware of and I'm happy to help you find it. 

For buying considerations, now could be an opportune time for an investment property. Reach out to me so we can discuss where those opportunities lie, and how to maximize your next investment propety. 

 

 

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