October 2025 | East Shore Lake Tahoe Market Update

October 2025 | East Shore Lake Tahoe Market Update

Taloha!
As the fourth quarter begins, the East Shore Lake Tahoe real estate market is transitioning steadily into fall. September data shows moderation in inventory, sustained buyer demand, and stable pricing as the market moves toward year-end. For both buyers and sellers, balance—not volatility—defines the current Lake Tahoe housing market.

Active Listing Count

114 homes (↓ from 123 in Aug 2025, ↑ from 96 in Sep 2024)
Active inventory on the East Shore of Lake Tahoe decreased slightly in September, marking a normal seasonal cooldown after August’s late-summer peak. Even with this dip, the 114 available homes represent stronger supply than last year’s 96 listings, offering buyers greater selection. Sellers remain positioned well, with steady interest continuing across nearly all price points.

Pending Listing Count

23 homes (unchanged from Aug 2025, same as Sep 2024)
The number of homes under contract held firm at 23, matching both August and last September. This consistency reinforces the strength of ongoing buyer engagement in the Lake Tahoe real estate market, even as new inventory slows. Well-priced properties continue to move efficiently, especially those offering lake proximity or updated interiors.

New Listing Count

12 homes (↓ from 20 in Aug 2025, ↓ from 20 in Sep 2024)
September saw fewer new listings enter the market, reflecting a typical seasonal decline as sellers prepare for the slower fall cycle. With just 12 homes added, this marks one of the smallest monthly intakes of 2025. While volume is lower, reduced competition among listings benefits current sellers, as motivated buyers maintain focus on available East Shore Lake Tahoe homes for sale.

Total Listing Count

135 homes (↓ from 145 in Aug 2025, ↑ from 118 in Sep 2024)
Total inventory—which includes both active and pending homes—declined modestly from August’s 145 to 135 in September. Despite the monthly dip, this is notably higher than the 118 listings at the same time last year. The Lake Tahoe housing supply remains healthy and balanced, supporting a stable environment for negotiations and long-term investment.

Median Listing Price

$2,350,000 (↑ from $2,237,000 in Aug 2025, ↑ from $2,024,749 in Sep 2024)
The median home price on Lake Tahoe’s East Shore climbed again in September, reaching $2.35 million. This marks a continuation of upward movement that began in early summer. The increase underscores persistent demand for high-quality properties, particularly within gated or lake-adjacent neighborhoods. Overall pricing stability signals confidence among both buyers and sellers as the market moves into Q4.

Median Listing Price per Square Foot

$906 / sq ft (↑ from $865 in Aug 2025, ↑ from $833 in Sep 2024)
Price per square foot rose to $906 in September—the highest level recorded in 12 months. This metric highlights the enduring value of East Shore Lake Tahoe real estate, where limited buildable land and premium lake access sustain strong per-foot pricing. Year-over-year appreciation of nearly 9% reflects continued buyer willingness to invest in quality homes within this sought-after market.

Median Days on Market

107 days (↑ from 89 in Aug 2025, ↑ from 58 in Sep 2024)
The median number of days a home spent on the market increased to 107 in September, following two months of quicker summer sales. While this uptick indicates a gradual slowing, it remains consistent with historical fall pacing. Buyers are taking more time to compare listings, but demand remains steady for well-presented properties priced accurately for today’s Lake Tahoe housing market conditions.

Months of Inventory

4.0 months (↑ from 3.3 in Aug 2025, ↑ from 2.7 in Oct 2024)
The East Shore now sits at four months of inventory—an equilibrium point favoring neither buyers nor sellers. After summer’s tighter conditions, this balanced level represents a healthy normalization for the region. The metric suggests that supply and demand are aligned, supporting sustainable price growth without overheating the Tahoe real estate market.

Price Reductions

24 homes (↓ from 28 in Aug 2025, same as Sep 2024)
The number of listings with price reductions declined slightly in September, signaling greater pricing accuracy among sellers. With fewer homes adjusting mid-listing, the East Shore market continues to demonstrate realistic pricing strategies and consistent buyer feedback. Fewer reductions combined with rising price-per-foot trends point to solid seller confidence heading into fall.

Big-Picture Takeaway

September data paints a clear picture of balance in the East Shore Lake Tahoe real estate market. Inventory remains sufficient, buyer demand is sustained, and pricing shows modest upward traction. As 2025 enters its final quarter, both buyers and sellers benefit from this steady environment—one defined by data-driven stability rather than speculation.

Craig Zager & The Zager Group
Coldwell Banker Select – #1 East Shore Agent | Over $1.5 Billion in Lifetime Sales
 www.ZagerGroup.com