These numbers begin to show more about a ‘recovery’. As the Days on Market are decreasing, we see the prices going up. As we know, the inventory, investors, and lending practices are also contributing to these predictable changes.
Truckee/No. Lake Tahoe Market
Unexplainably, there was a dip in median prices in May, but as of the end of June, the real estate market is off and running, with higher median prices and less time on the market.