Pinnacle Tahoe Real Estate Blog

South Lake Tahoe Weekly Market Update - Jan. 18th - 24th

Just the facts ma’am.  With all the conflicting news we face every day, isn’t it great to just peruse simple facts? Our gift to you - some simple facts in regards to the South Lake Tahoe real estate activity for the week of January 18th - 24th.
During the past week, the South Lake Tahoe Association of Realtors’ multiple listing services reported the following: There were a total of 16 new and/or “back on the market” properties.  The lowest priced home within this group was a 2 bedroom, 1 bath “handy-man’s delight” listed for $189,900 to an architectural beauty in the Angora Highland’s area listed for $1,298,000. This home features over 3,000 SF of living space with 4 bedrooms and 3 baths. 

There were 3 pending escrows ranging from $265,000 for a 2 bedroom, 1 bath, 832 SF home in the Y area to $435,000 for a 5 bedroom, 2 bath home with over 2,000 SF of living space located in the popular Bijou area.

Wrapping up the news, there were 4 closed escrows ranging from a 2 bedroom, 1.75 bath home with 1,162 SF of living space sold for $405,000 in the Al Tahoe area to $824,000 for a newer 5 bedroom, 2.5 bath home in the Country Club Estates area.

There was 0 activity in regards to lots.

CONGRATULATIONS to the buyers, sellers and Realtors with the above mentioned properties. 

Be sure to check out the South Lake Tahoe real estate neighborhood information on our website. This new section includes market trends such as median home prices and the frequency of sales as well as historical data.

  

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