Shaver Lake Land Market: A Comparative Analysis – 2024 vs. 2025 Land and Lots

The real estate market in the Shaver Lake area is evolving, and 2025 is shaping up to be another dynamic year for land and lot sales. As we compare the market from last year (2024) to this year (2025), trends in pricing, inventory, and buyer behavior reveal interesting shifts.

Market Overview: Price Trends

2024 (January 1–May 1):
In 2024, land and lot sales in the Shaver Lake area showed a relatively moderate market. The average price per acre was $347,980, with a median price of $147,500 for lots. Prices ranged significantly, with some of the most desirable lots commanding higher prices, especially in prime locations. The average size of sold lots was about 1.348 acres, and the average days on the market (DOM) were 73 days.

2025 (January 1–May 1):
This year, we are seeing a slight increase in both average lot prices and transaction volume. The price per acre for lots has risen to an average of $600,000 with a median price of $150,000. The average lot size has decreased slightly to 0.25 acres for commercial land, showing a shift towards smaller but potentially more lucrative parcels. Average days on the market in 2025 have increased to 168 days for some commercial listings but remain around 37 days for residential single-family lots.

Lot Types and Price Differences

The land market in Shaver Lake is diverse, with both residential and commercial lots being sold.

• Commercial Lots: In 2025, we see fewer commercial land sales, but these transactions are higher in price, with a commercial lot on Tollhouse Road selling for $160,000, priced at approximately $600,000 per acre. This is a notable shift from 2024, where larger lots with lower prices per acre were more common.

• Single-Family Residential Lots: For residential buyers, single-family lots in 2025 saw slightly higher prices per acre, averaging $183,472, reflecting an increase from the previous year. However, there is a noticeable decrease in the overall sale prices compared to last year, with some lots selling below listing prices. For example, one lot on Glenwood Lane sold for $110,000, well below its listed price of $125,000.

Market Dynamics: What’s Changing?

Price Fluctuations:
The price fluctuations in land and lots are largely influenced by market demand for residential and vacation homes in the Shaver Lake area. With fewer commercial lot transactions, residential lots have seen a higher demand, especially as buyers seek to build homes in this beautiful mountain region. The market is trending towards smaller lots as more buyers prefer affordable, manageable parcels of land for building homes or cabins.

Days on Market:
In 2025, commercial lots are taking longer to sell, likely due to a smaller pool of buyers. Residential lots, however, are selling faster compared to 2024, with some lots being sold within 30 to 60 days, reflecting a higher interest in vacation and recreational properties. Still, the overall days on market have increased compared to last year’s data, which is likely due to a more strategic approach by sellers who are adjusting prices and waiting for the right buyers.

What This Means for Buyers and Sellers

For Buyers:
If you’re looking to buy land in the Shaver Lake area, 2025 presents opportunities for both residential and commercial buyers. Residential lots, especially those closer to Shaver Lake, are still in high demand but have become slightly more expensive. However, commercial buyers might find better value, albeit with fewer options and a longer wait to secure a deal.

For Sellers:
Sellers of residential lots can benefit from the strong demand but should be prepared for a slightly longer time on the market, especially for larger or more expensive properties. For those with commercial lots, the market is still viable, but pricing may need to be competitive, and patience is key.

Looking Ahead

As we move further into 2025, the Shaver Lake land market is expected to remain competitive. With the increasing demand for residential land in this desirable area, both buyers and sellers can expect continued market activity. For buyers, it’s a good time to invest in land, especially with the potential for future development in this growing region. For sellers, this year presents opportunities to capitalize on a robust market, particularly if you’re pricing strategically.

Whether you’re looking to build a dream cabin or invest in commercial property, Shaver Lake’s land market offers something for everyone.