What goes up must come down, right. Well prices did decline over the last 3 months however in September prices jumped to near all-time highs not seen since the summer of 2006. The median sales price for the South Lake Tahoe city and county areas rose last month to $485,000. Only $4000 off our highest median sales price ever – $489,000 which occurred two months earlier in April 2006. Can we still go higher? Only time will tell.
September Update – South Lake Tahoe
