Tahoe s top 3 sales of the year reveal a lot about 2020
Pandemic priorities changed the game
Anna Marie Erwert
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With COVID-19 came a massive shift to work from home living. For some, it s a lifestyle that will persist, as many companies have told their employees they never need to come back to the office. Set free, San Francisco s well-paid workers looked outside the city, in search of shelter-in-place sanctuary. Tahoe was an obvious choice, and indeed, the real estate in that small lake and mountain community became one of the hottest commodities of the year.
The California Association of Realtors reported in September of 2020 that sales in resort communities surged in 2020. South Lake Tahoe home sales continued to increase year-over-year by triple-digits (105.4 percent) for the second consecutive month. Rim of the World and Tahoe Sierra rose 107.6 percent and 73.6 percent, respectively.
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