South Lake Tahoe Real Estate Market Update, Oct. 15- Oct. 21

208-cedar-ridge-lake-view The South Lake Tahoe real estate market showed 13 NEW LISTINGS this past week, up from the previous week’s 7. The lowest priced new listing is $164,500 for 2577 Armstrong, a 3 bedroom, 1 bath with 832 square feet. The highest priced new listing is $1,395,000 for 1321 Wildwood, a 4 bedroom, 3 bath with 3432 square feet. This week’s median listing price is $495,000.

There were 11 homes that went into ESCROW this past week, up from last week’s 7. The lowest priced new escrow is $164,900 for 3713 Montreal, a 4 bedroom, 1 bath with 1020 square feet.The highest pending sale price is $737,000 for 1984 Osage, a 4 bedroom, 3 bath with 3009 square feet. The median pending sale price is $324,000 with and average time on market of 60 days.

This week there were 9 homes recorded as SOLD, one more than last week’s 9. The lowest sale price was $85,000 for 1223 Bonanza #25, a 2 bedroom, 1 bath condo with 985 square feet. The highest sale price was $520,000 for 756 Lakeview, a 4 bedroom, 2 bath with 1706 square feet. The average time on the market (including the escrow period) was 142 days. The median sale price was $314,000.

South Lake Tahoe Real Estate Market Update, Oct. 22- Oct. 28, 2009

[SinglePic not found]The South Lake Tahoe real estate market showed 12 NEW LISTINGS this past week, down from the previous week’s 13. The lowest priced new listing is $97,500 for 2656 Kubel, a 2 bedroom, 1 bath with 504 square feet. The highest priced new listing is $1,395,000 for 468 Lido, a 3 bedroom, 2.5 bath with 2648 square feet. The median new listing price is $293,950.

Big News!!  There were 16 homes that went into ESCROW this past week, up from last week’s 11. The lowest priced pending sale is $139,900 for 3344 Sandy Way #26, a 2 bedroom, 1 bath with 812 square feet.  The highest pending sale price is $1,600,000 for 2160 Balboa, a 5 bedroom, 3 bath with 3122 square feet. The median pending sale price is $351,950 with and average time on market was 67 days.

This week there were 11 homes recorded as SOLD, up from last week’s 9. The lowest sale price was $225,000 for Kiowa, a 2 bedroom, 1 bath with 784 square feet.  The highest sale price was $435,000 for 3384 Pine Hill Dr., a 2 bedroom, 2 bath with 1328 square feet.  The average time on the market (including the escrow period) was 97 days. The median sale price was $287,000.

Learn more about the Lake Tahoe real estate market by visiting our website at www.HomeInTahoe.com.

South Lake Tahoe Real Estate Market Update, Oct. 8- Oct. 14

[SinglePic not found]The South Lake Tahoe real estate market showed 7 NEW LISTINGS this past week, down one from the previous week’s 8. The lowest priced new listing is $185,000 for 1183 Lodi, a 2 bedroom, 1 bath with 864 square feet. The highest priced new listing is $648,000 for 1357 Gilmore Lake, a 4 bedroom, 4 bath with 3406 square feet. This week’s median listing price is $335,000.

There were 7 homes that went into ESCROW this past week, down from last week’s 14. The lowest priced new escrow is $139,900 for 2680 Kubel, a 2 bedroom, 1 bath with 448 square feet. The highest priced new escrow is $1,988,000 for 5 Lighthouse Shores, a 3 bedroom, 2.5 bath with 2996 square feet. The median pending sale price is $399,000 with and average time on market of 102 days.

This week there were 8 homes recorded as SOLD, down from last week’s 14. The lowest sale price was $222,000 for 2319 Sky Meadows, a 3 bedroom, 1.75 bath with 1280 square feet. The highest sale price was $750,000 for 2205 Venice, a 4 bedroom, 2.5 bath with 2467 square feet. The average time on the market (including the escrow period) was 158 days. The median sale price was $610,900.

South Lake Tahoe Real Estate Market Update, Oct. 1- Oct. 7

[SinglePic not found]Lots of surprises this week, starting with a surprise winter storm in Lake Tahoe (hint of some fun times ahead.)  Next, the South Lake Tahoe real estate market activity continues to show signs of a steady albeit slow recovery.  Last week showed 8 NEW LISTINGS, down from the previous  week’s 14. The lowest priced new listing is $249,000 for 1033 Cheyenne, a 3 bedroom, 2 bath with 1124 square feet. The highest priced new listing is $1,295,000 for 1790 Meadow Vale, a 6 bedroom, 4 bath with 3200 square feet. This week’s median listing price is $455,000.

There were 14 homes that went into ESCROW this week, one less than last week’s 15. The lowest priced new escrow is $112,900 for 3740 Larch, a 1 bedroom, 1 bath with 468 square feet. The highest priced new escrow is $3,275,000 for 3819 Beach Rd., a 4 bedroom, 2 bath with 2286 square feet. The median pending sale price is $309,500 with and average time on market of 107 days.

This week showed 13 homes recorded as SOLD, up from last week’s 8. The lowest sale price was $130,000 for 1176 Margaret, a 4 bedroom, 3 bath with 2184 square feet. The highest sale price was $1,250,000 for 596 Lucerne, a 4 bedroom, 4 bath with 5313 square feet. The average time on the market (including the escrow period) was 115 days. The median sale price was $275,000.

South Lake Tahoe Real Estate Market Update, Sept. 24- Sept. 30

quaking-aspen-master-2 The South Lake Tahoe real estate market activity last week revealed 14 NEW LISTINGS, up from the previous  week’s 10. The lowest priced new listing is $165,000 for 2645 Chris, a 2 bedroom home with 748 square feet. The highest priced new listing is $499,500 for 1683 Chippewa, a 3 bedroom, 2 bath with 1477 square feet. This week’s median listing price is $388,900.

There were 15 homes that went into ESCROW this week, down from last week’s 17. The lowest priced new escrow is $105,000 for 1223 Bonanza, a 2 bedroom, 1 bath with 985 square feet. The highest priced new escrow is $1,395,000 for 468 Lido, a 3 bedroom, 2.5 bath with 2648 square feet. The median pending sale price is $422,755 with and average time on market of 108 days.

This week showed 8 homes recorded as SOLD, down from last week’s 14. The lowest sale price was $195,000 for 2620 Fountain, a 3 bedroom, 2.5 bath with 1848 square feet. The highest sale price was $560,000 for 1464 Sterling Ct., a 4 bedroom, 2.5 bath with 2216 square feet. The average time on the market (including the escrow period) was 110 days. The median sale price was $393,750.