Archive for the 'South Lake Tahoe Real Estate Market Update' Category
Friday, November 21st, 2008
There were 10 NEW LISTINGS this week, down from the previous week’s 18. The lowest priced new listing is $278,000 for a 2 bedroom, 2 bath home with 1429 square feet located at 730 Tahoe Island Drive. This week’s highest priced new listing is $1,700,000 for a house located at 2160 Balboa in the Tahoe Keys with 5 bedrooms, 3 baths and 3122 square feet. The median price for these 10 new listings is $522,475.
There were 11 NEW ESCROWS this week, up from last week’s 9. The lowest priced home that went into escrow is for $265,999 and is located at 1035 Herbert in the Bijou neighborhood with 4 bedrooms, 2 baths and 1394 square feet. The highest priced sale this week is a short sale for a house listed at $599,000 located at 921 Han St. with 5 bedrooms, 2 baths and 2420 square feet in the Christmas Valley area. The median price for the new escrows is $414,900 with an average time on market of 37 days.
There were 9 CLOSED sales this week, higher than last week’s 6. The lowest sale price was $239,000 for a studio condo in the Tahoe Keys with 550 square feet. The highest recorded sale this week is 1854 Venice, also in the Tahoe Keys, which sold for $898,000. This home has 4 bedrooms, 3 baths and 2500 square feet. The median sale price was $449,900 and the average days on market for these sales was 107 days including the escrow period.
Be sure to visit our website at www.HomeInTahoe.com to learn more about the Lake Tahoe real estate market, neighborhood stats and more
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Thursday, October 30th, 2008
During the week of October 23rd through October 29th there were 12 NEW MLS listings, down from last week’s 17. The lowest priced home is $313,500 for 1769 Saponi, a 3 bedroom 1 bath with 1440 square feet in Tahoe Paradise. The highest priced new listing is $950,000 for 484 Carson Street which has 3 bedrooms, 2.5 baths and 2136 square feet of living space. The median price for the new listings is $419,250.
There were 13 NEW ESCROWS posted this week, up from last week’s 11. The lowest priced home that went into escrow is a condo for $122,888 located at 1281 Bonanza #14, which has 2 bedrooms, 1 bath and 844 sf. The highest priced pending sale is 769 Colorado, listed at $699,000 with 3 bedrooms, 2.5 baths and 2316 sf. The median pending price is $270,000. The average days on market for these homes is 87.
There were 7 CLOSED sales this week, the same as last week. The lowest sale price was $149,900 for a condo at 3344 Sandy Way #27 with 2 bedrooms, 1 bath and 1000 sf. The highest sale this week was at $850,000 for a Tahoe Keys home located at 1984 Venice with 2680 sf, 4 bedrooms and 3 baths. The median price among the closed sales is $396,900, very similar to last week’s $399,000 median price. The average time on the market for these closed sales was 130 days (including the escrow period.)
Be sure to visit our website at www.HomeInTahoe.com to learn more about the Lake Tahoe real estate market, neighborhood stats and more.
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Thursday, October 23rd, 2008
During the week of October 16th through October 22nd there were 17 NEW listings posted on the MLS, just one more than last week. Listed at $199,000, 3664 Aspen was the lowest priced home with 2 bedrooms, 1 bath and 748 square feet. The highest priced new listing is $1,495,000 for a 4 bedroom, 3 bath home with 2628 square feet located at 1934 Marconi in the Tahoe Keys neighborhood. The median price for this week’s new listings is $341,900.
There were 11 NEW ESCROWS posted this week, up from last week’s 7. Of these pending escrows the lowest price is $240,000 for 973 Tata, which is a 2 bedroom, 1.5 bath home with 1200 square feet located in the Gardner Mountain area. The highest price for the pending sales is located at 1787 Venice in the Tahoe Keys with 3 bedrooms, 4 baths and 2704 square feet. The median pending price is $539,000 and the average days on market for these homes is157.
There were 7 CLOSED sales this week, slightly up from last week’s 6. The lowest sale price is $264,500 for 3705 Montreal, located in the Stateline neighborhood with 4 bedrooms, 2 baths and 2035 square feet. This week’s highest price sale is $617,500 for 2230 Texas, which is a 3 bedroom, 2.5 bath home in the Tahoe Keys with 1954 square feet. The median price among the closed sales is $399,000, down from last week’s median of $549,000. The average time on the market for these closed sales was 67 days (including the escrow period.)
Be sure to visit our website at www.HomeInTahoe.com to learn more about the Lake Tahoe real estate market, neighborhood stats and more.
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Sunday, October 19th, 2008
During the past week, there were 16 NEW listings posted, twice as many as last week. The lowest priced home in this group is listed for $237,500 located at 1200 Stockton with 3 bedrooms, 1 bath and 1160 square feet. The highest priced new listing is $1,595,000 in the Tahoe Keys at 468 Lido with 3 bedrooms 2.5 baths and 2648 sf of living space. The median price for the new listings this week is $425,000.
There were 7 NEW ESCROWS posted, down from last week’s 10. Of the new pending escrows, the lowest price is a 2 bedroom 1 bath condo at 3344 Sandy Way #27, listed at $169,900. The highest price home that went into escrow is listed at $1,245,000 located at 689 Lily Ave. in the Al Tahoe neighborhood with 4 bedrooms, 5 baths and 2648 square feet (congratulations to Flip Walker of Pinnacle Real Estate!). The median home price for the pending sales is $349,000. The average time on the market for these homes is 97 days.
There were 6 CLOSED sales this week, down from last week’s 8. The lowest priced sale was $239,640 located at 2537 Kubel in the Sierra Tract with 2 bedrooms, 1 bath and 864 SF. The highest sale this week sold for $1,085,000 for a 4 bedroom, 3.5 bath located at 2217 Dundee Circle in the Angora Highlands neighborhood (congratulations to Mark Salmon of Pinnacle Real Estate Group!) The median price among the closed sales is $549,000, up from last week’s median of $439,000. The average time on the market for these homes was 71 days (including the escrow period.)
Be sure to visit our website at www.HomeInTahoe.com to learn more about the Lake Tahoe real estate market, neighborhood stats and more.
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Friday, October 10th, 2008
During the past week, there were 8 NEW listings posted, just slightly up from the 7 of last week. The lowest priced home in this group is listed for $240,000 and is located at 973 Tata in the Y area with 2 bedrooms, 1.5 baths and 1200 square feet. The highest priced new listing is $799,000 at 2121 Texas with 4 bedrooms, 2.5 baths and 2535 square feet of living space. The median home price for the new listings this week is $427,000.
There were 10 NEW ESCROWS posted, similar to last week’s 9. The lowest priced home out of the 10 is listed at $139,000 and is a studio condo with 1 bath and 480 square feet located at 516 Emerald Bay Rd. #201. The highest price is $519,000 located at 1317 Gilmore Lake with 3 bedrooms, 2 baths and 1837 sf of living space. The median home price for the pending sales is $357,000. The average time on the market for these homes is 112 days.
There were 8 CLOSED sales this week which is the same number as last week. The lowest priced sale was $358,000 for a 3 bedroom, 2 bath home with 1276 square feet located at 1767 Chibcha in the Tahoe Paradise neighborhood. The highest sale this week was for 947 Colusa in Christmas Valley at $625,000 for a 4 bedroom, 2.5 bath with 2800 sf. The median price among the closed sales is $439,000, up from last week’s median of $360,000. The average time on the market for these homes was 81 days (including the escrow period.)
Be sure to visit our website at www.HomeInTahoe.com to learn more about the Lake Tahoe real estate market, neighborhood stats and more.
Posted in South Lake Tahoe Real Estate Market Update, South Lake Tahoe Real Estate Market Update, The Lake Tahoe Real Estate Market | No Comments »
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