Condominium owners at South Lake Tahoe also had a good year. The median sales price of the 105 units sold in 2018 increased 14% to $513,000. The majority of sales occurred in the Tahoe Key’s and Lakeland Village communities. Waterfront communities dominate in pricing over the inland communities. Average days on market was similar to last year at 103 days.
Condominium owners on the Nevada East Shore had a good year. The median sales price of the 99 units sold in 2018 increased 17% to $439,000. The majority of sales occurred in the Villages located at the top of the Kingsbury Grade. While Lake Village had a significant decline in sales this year, Pinewild doubled the number of units sold in 2018. Average days on market also declined significantly to 103 days.