South Lake Tahoe Real Estate Market Update, Sept. 17- Sept. 23

[SinglePic not found]This week there were only 10 NEW LISTINGS, down from last week’s 23. The lowest priced new listing is $199,000 for 1243 Stockton, a 3 bedroom with 1366 square feet. The highest priced new listing is $695,000 for 439 Ala Wai #142, a 3 bedroom, 3 bath Tahoe Keys condo with 1462 square feet. This week’s median listing price is $378,738.

There were 17 homes that went into ESCROW this week, up from last week’s 10. The lowest priced new escrow is $150,000 for 2943 Oakland. The highest priced new escrow is $788,888 for 2546 Cold Creek, a 6 bedroom, 5 bath with 3522 square feet. The median pending sale price is $349,000 with and average time on market of 42 days.

This week showed 13 homes recorded as SOLD, up from last week’s 10. The lowest sale price was $120,000 for 3404 Freel, a 1 bedroom, 1 bath with 716 square feet. The highest sale price was $580,000 for 2280 Sutter, a 4 bedroom, 2.5 bath with 2594 square feet. The average time on the market (including the escrow period) was 91 days. The median sale price was $247,000.

South Lake Tahoe Real Estate Market Update, Sept. 10- Sept. 16

This week there were 23 NEW LISTINGS, up from last week’s 14. The lowest priced new listing is $139,900 for 3344 Sandy Way #26, a 2 bedroom, 1 bath condo with 812 square feet. The highest priced new listing is $4,525,000 for 221 Beach Dr., a 4 bedroom, 4.5 bath with 3904 square feet. This week’s median listing price is $329,000.

There were 10 homes that went into ESCROW this week, down from last week’s 18. The lowest priced new escrow is $129,900 for 1176 Margaret, a 4 bedroom, 3 bath with 2184 square feet. The highest priced new escrow is $725,000 for 1972 Garmish, a 4 bedroom, 2.5 bath with 2027 square feet. The median pending sale price is $317,000 with and average time on market of 95 days.

This week showed 10 homes recorded as SOLD, down from last week’s 11. The lowest sale price was $225,000 for 909 San Jose, a 3 bedroom, 1.5 bath with 896 square feet. The highest sale price was $700,000 for 2070 Traverse, a 3 bedroom, 2.5 bath with 2130 square feet. The median sale price was $296,875 with an average time on market of 131 days.

South Lake Tahoe Real Estate Market Update, Sept. 3-Sept. 9

This week there were 14 NEW LISTINGS, down from last week’s 18. The lowest priced new listing is $129,900 for 1176 Margaret, 1 4 bedroom, 3 bath with 2184 square feet. The highest priced new listing is $3,995,000 for 14 Lighthouse Shores, a 4 bedroom, 4.5 bath with 3793 square feet. This week’s median listing price is $298,750.

There were 18 homes that went into ESCROW this week, still strong yet down from last week’s 20. The lowest priced new escrow is $131,623 for 1233 Bonanza #9, a 2 bedroom, 2 bath condo with 985 square feet. The highest priced new escrow is $749,000 for 1712 Meadow Vale, a 6 bedroom, 3.5 bath with 4083 square feet.   This sale is pending bank approval for a short sale.  The median pending sale price is $293,500 with and average time on market of 98 days.

This week showed 11 homes recorded as SOLD, up from last week’s 9. The lowest sale price was $250,000 for 473 Lake Tahoe Blvd. (congratulations to the Souers team) The highest sale price was $901,000 for 1756 Gentian Circle, a 5 bedroom, 4 bath with 3111 square feet (congratulations to Mark Salmon from the Pinnacle Real Estate Group). The median sale price was $340,000 with an average time on market of 133 days.

South Lake Tahoe, Montgomery Estates Market Update

The statistics regarding home sales within the Montgomery Estates neighborhood of South Lake Tahoe has just been updated.  The median home price through July 31, 2009 and based upon the previous 12 months sales show a median home list price of $437,000 with a median sold price of $417,000.  This number is down from last year’s median home price of $480,000.  The good news is that the number of sales and the time on the market have both seen slight improvement.

This week’s Home of the Week is located at 1004 Turnback Trail in Montgomery Estates.  We hope that you will check it out for yourself and please, pass the link along to anyone you feel might be interested.

To all of you – have a wonderful and safe Labor Day Weekend.

South Lake Tahoe Real Estate Market Update

This week there were 18 NEW LISTINGS, up from last week’s 11. The lowest priced new listing is $164,900 for 3713 Montreal, a 4 bedroom, 1 bath with 1020 square feet. The highest priced new listing is $2,175,000 for 3371 Lake Tahoe Blvd. #104, a 4 bedroom, 4 bath lakefront home with 3387 square feet. This week’s median listing price is $315,500.

CHECK IT OUT!!!  There were 20 homes that went into ESCROW this week, up from last week’s 11. The lowest priced new escrow is $140,000 for 3344 Sandy Way #25, a 2 bedroom, 1 bath condo with 812 square feet. The highest priced new escrow is $738,000 for 3419 Aloha, a 4 bedroom, 2.5 bath with 3050 square feet. The median pending sale price is $336,638 with and average time on market of 92 days.

This week showed 9 homes recorded as SOLD, up from last week’s 8. The lowest sale price was $178,000 for 2663 Bertha, a 2 bedroom, 1 bath with 912 square feet. The highest sale price was $826,000 for 484 Carson, a 3 bedroom, 2.5 bath with 2136 square feet. The median sale price was $305,000 with an average time on market of 64 days.

The statistics regarding the last 12 months sales within the various South Lake Tahoe neighborhoods has just been updated in our website.  Great information!