Shaver Lake Real Estate Market: A Comparative Analysis – 2024 vs. 2025 Residential Jan - May

Shaver Lake Real Estate Market: A Comparative Analysis – 2024 vs. 2025 Residential Jan - May

As we progress through 2025, it’s essential to take a moment and reflect on the Shaver Lake real estate market’s performance from 2024 to now. A detailed comparative market analysis (CMA) highlights how the market has evolved and what trends homeowners, buyers, and investors can expect.

Market Overview: Price Trends

The Shaver Lake market has experienced noticeable shifts between 2024 and 2025.

Single Family Homes:

• 2024 (January 1–May 1): The average price for single-family homes sold was approximately $850,000, with a median price of $608,950. Properties sold quickly, with the average days on market (DOM) for listings standing at 51 days. Price-per-square-foot (PPSF) was about $394.

• 2025 (January 1–May 1): This year, the average sale price has risen slightly to $927,685, with a median price of $675,000. The price-per-square-foot (PPSF) increased to $437, reflecting a robust market demandListings are still moving quickly, averaging 114 days on the market, but it’s important to note that the overall market has become more competitive this year.

Condominiums:

• 2024 (January 1–May 1): Condominiums had an average price of $245,000. This was a steady, less volatile sector within the market.

• 2025 (January 1–May 1): The average price for a condo has seen a significant jump to $261,000, reflecting greater interest in low-maintenance, compact properties.

Market Dynamics: Sales and Pricing

While there are some fluctuations in individual property prices, a clear trend is emerging: the market is generally appreciating across the board.

Price Trends: Over the course of the past year, there has been an uptick in overall prices, particularly in single-family homes. This increase has been seen across a wide variety of properties, from smaller, more affordable homes to larger, luxury estates. The growth in price-per-square-foot has been a major indicator of this trend, with many properties seeing value increases that outpace inflation and other regional real estate markets.

Days on Market (DOM): Although the DOM has slightly increased in 2025 (from 51 to 114), this can be attributed to more strategic pricing and the seasonal nature of the market. Buyers are becoming more discerning, and sellers are adjusting their pricing strategies to reflect the competition.

What This Means for Buyers and Sellers

For Buyers:
The Shaver Lake market remains competitive, especially for properties that are well-maintained or in prime locations. Buyers can expect to pay slightly more this year for similar properties compared to last year, with an increase in average sale prices and PPSF.

For Sellers:
2025 offers a promising outlook. If you are considering selling, now might be a favorable time to list. With prices trending upwards and demand steady, sellers can capitalize on the appreciating market.

The Future of the Shaver Lake Market

Looking forward, we anticipate continued interest in both residential homes and condominiums as vacation and second-home buyers increasingly turn to Shaver Lake for its blend of natural beauty and close proximity to California's ski resorts and to the Central Valley. The shift toward more affordable condominium options also indicates that buyers are seeking practical solutions in a market that’s becoming more competitive and diverse.

As we approach the summer months, expect a surge in listings and showings as more buyers and sellers become active in the market. Whether you are looking to buy, sell, or invest, Shaver Lake continues to be a market of opportunity with great potential for growth.

Contact Zoe Huebner at 559-349-1846 for your free Brokers Opinion of Value with no obligation.