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Archive for the ‘The Lake Tahoe Real Estate Market’ Category
Thursday, July 2nd, 2009
This week there were 28 NEW LISTINGS, up from last week’s 24. The lowest priced new listing is $127,900 for 3740 Larch, a 1 bedroom with 468 square feet. The highest priced new listing is $747,000 for 1841 Osage, a 4 bedroom, 3 bath with 2855 square feet of living space. The median new listing price for this week is $379,000.
There were 9 homes that went into ESCROW this week, down from last week’s 17. The lowest priced new escrow is $183,900 for 967 Kiowa, a 2 bedroom, 1 bath with 912 square feet. The highest priced new escrow is $480,000 for 3949 Cedar, a 2 bedroom, 1.75 bath with 953 square feet. The median pending sale price is $239,000 with an average time on market of 191 days.
This week there were 9 homes that were recorded as SOLD, up from last week’s 6. The lowest sale price was $180,000 for 2333 Sky Meadows, a 2 bedroom, 2 bath with 1000 square feet. The highest sale price was $948,000 for 1928 Kokanee, a 4 bedroom, 2.5 bath with 2773 square feet. The median sale price was $300,000 with an average time on market of 181 days.
Posted in Lake Tahoe Homes For Sale, South Lake Tahoe Real Estate Market Update, South Lake Tahoe Real Estate Market Update, The Lake Tahoe Real Estate Market | No Comments »
Sunday, June 21st, 2009
This week there were 24 NEW LISTINGS, one less than last week. The lowest priced new listing is $209,900 for 1033 River, a 3 bedroom, 1.5 bath with 1220 square feet (congratulations to Flip Walker of the Pinnacle Real Estate Group). The highest priced new listing is $1,795,000 for 2181 Balboa, a 4 bedroom, 3 bath with 2802 square feet. The median new listing price for this week is $372,000.
There were 17 homes that went into ESCROW this week, 5 more than the previous week. The lowest priced of these homes is $207,000 for 1181 Nottaway, a 2 bedroom, 1 bath with 936 square feet. The highest priced new escrow is listed at $740,000 for 1897 Venice, a 3 bedroom, 2 bath with 1852 square feet. The median pending sale price is $395,000 with an average time on market of 41 days.
This week there were 6 homes that were recorded as SOLD, one more than last week. The lowest sale price was $199,000 for 1122 Carson St in the Sierra Tract with 3 bedrooms, 2 baths and 1160 square feet. The highest sale price was $352,000 for 1745 Chippewa, a 3 bedroom, 2 bath with 1232 square feet. The median sale price was $307,000 with an average time on market of 158 days.
Tags: South Lake Tahoe Real Estate, South Lake Tahoe Real Estate Market Update, The South Lake Tahoe Real Estate Market
Posted in South Lake Tahoe Real Estate Market Update, South Lake Tahoe Real Estate Market Update, The Lake Tahoe Real Estate Market | 1 Comment »
Thursday, June 11th, 2009
This week there were 25 NEW LISTINGS. The lowest priced new listing is $195,000 for 854 Tata, a 2 bedroom, 0.75 bath with 864 square feet. The highest priced new listing is $1,595,000 for 3781 Lucinda Ct., a 4 bedroom, 4 bath with 3627 square feet. The median new listing price for this week is $395,000.
There were 12 homes that went into ESCROW this week. The lowest priced of these homes is $540,000 for 3956 Meadow Rd., a 2 bedroom, 1 bath with 908 square feet located in a gated community called Tahoe Meadows. The highest priced new escrow is $799,000 for 1620 Plumas in the Tahoe Paradise neighborhood (congratulations to Mark Salmon and Don & Theresa Souers of the Pinnacle Real Estate Group). The median pending sale price is $447,000 with an average time on market of 59 days.
This week there were 5 homes that were recorded as SOLD. The lowest sale price was $255,000 for 1590 Jackson Ct., a 3 bedroom, 1.75 bath in the Bijou area with 1676 square feet. The highest sale price was $472,000 for 907 Patricia, a 3 bedroom, 2.5 bath in the Tahoe Island neighborhood with 2270 square feet (congratulations to Mark Salmon). The median sale price was $315,000 with an average time on market of 142 days.
Tags: Lake Tahoe Homes For Sale, South Lake Tahoe Homes for Sale, South Lake Tahoe Real Estate Market Update, South Lake Tahoe Vacation Homes, The Lake Tahoe Real Estate Market, The South Lake Tahoe Real Estate Market
Posted in South Lake Tahoe Real Estate Market Update, The Lake Tahoe Real Estate Market | No Comments »
Monday, June 1st, 2009
There were 25 new listings this week, up from last week’s 19. The lowest priced new listing is $185,000 for 877 Julie, a 1 bedroom, 0.75 bath with 1160 square feet. The highest priced new listing is $1,595,000 for 2025 Marconi, a 4 bedroom, 2.5 bath with 2422 square feet. The median new listing price is $449,000.
There were 13 new ESCROWS this week, down from last week’s 18. The lowest priced new escrow is listed at $152,000, a 2 bedroom, 1.5 bath townhouse with 960 square feet located at 3305 Treehaven. The highest priced new escrow is $1,395,000 for 468 Lido in the Tahoe Keys, a 3 bedroom, 2.5 bath with 2648 square feet. The median new escrow price is $419,000 with an average time on market of 187 days.
There were 7 RECORDED SALES this week. The lowest recorded sale is $142,000 for 1049 Reno, a 2 bedroom, 1 bath with 889 square feet. The highest recorded sale is $565,000 for 840 Boulder Mountain, a 4 bedroom, 2.5 bath with 2671 square feet. The median sale price is $294,900 with an average time on market of 149 days (this includes 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
Tags: Add new tag, Lake Tahoe Homes For Sale, South Lake Tahoe Homes for Sale, South Lake Tahoe Real Estate, South Lake Tahoe Real Estate Market Update, South Lake Tahoe Vacation Homes, The Lake Tahoe Real Estate Market
Posted in South Lake Tahoe Real Estate Market Update, The Lake Tahoe Real Estate Market | 1 Comment »
Monday, May 25th, 2009
I knew it, I knew it, I knew it. (Just love saying it.) And finally, I read it. What, you ask, am I carrying on about? The fact that SOUTH LAKE TAHOE SHOULD BE ONE OF THE BEST RESORT AREAS IN THE COUNTRY in which to invest, especially in today’s real estate environment. And now, I just read, much to my shear delight, an article posted by MSN Money naming South Lake Tahoe as one of the top 10 places in which to purchase a second home.
The criteria noted for being included in this list is taken directly from the May 17th, 2009 article written by Liz Pulliam Weston are as follows:
- Proximity to growing urban centers. Vacation towns typically need to be within a two- to three-hour drive of a major city, or at least reasonably close to a big airport.
- Plenty of recreational opportunities. There has to be lots of stuff to do beyond shopping, which is why most thriving resort towns are near ski lifts, beaches or mountains. Some cultural cachet such as a theater or film festival, galleries or museums.
- Decent weather. You have to be able to get outside to enjoy all that recreation.
- Significant commercial investment. The old-timers may grouse about the new hotels or malls, but these are good indicators that others think the community is on the way up.
- The “it” factor. The community gets discovered by movers, shakers and celebrities, or at least enough other folks like you for prices to get bid up.
There was some misinformation quoted however. Within the article, it was stated that the median home price was up 21% over last year. The fact is that when comparing S.T.A.O.R.’s Multiple Listing statistics year over year, the median sold price for a single family residential home is down 7.8% from the previous year. This figure covers the City & County areas of South Lake Tahoe in El Dorado County only and reflects the period of 4/30/08-4/30/09 as compared to sold listing data for the period of 4/30/07-4/30/08. On the positive side, this percentage drop is relatively small compared to other areas in the United States in the current economic climate, which actually highlights a strength and stability in our market.
Tags: Lake Tahoe Market, Lake Tahoe Press Releases, Lake Tahoe Real Estate, Lake Tahoe Vacation Homes
Posted in Lake Tahoe Real Estate News, South Lake Tahoe Real Estate Market Update, The Lake Tahoe Real Estate Market, Uncategorized | 9 Comments »
Sunday, May 24th, 2009
There were 19 new listings this week, up from last week’s 17. The lowest priced new listing is $244,900 for 3025 Christmas Valley Rd. #11, a 2 bedroom, 1 bath condo with 960 square feet. The highest priced new listing is $1,295,000 for 2141 Inverness, a 5 bedroom, 3 bath with 2088 square feet. The median new listing price is $495,000.
There were 18 new ESCROWS this week, up from last week’s 17. The lowest priced new escrow is listed at $3735 Aspen, a 3 bedroom, 1.5 bath with 1108 square feet. The highest priced new escrow is $925,000 for 2119 Oaxaco, a 4 bedroom, 3 bath with 3388 square feet. The median new escrow price is $412,000 with an average time on market of 53 days.
There were 4 RECORDED SALES this week, down from last week’s 6. The lowest recorded sale is $315,000 for 3049 Oakland, a 3 bedroom, 1.5 bath with 1048 square feet (congratulations to the Benedicts of The Pinnacle Real Estate Group). The highest recorded sale is $590,000 for 959 Kekin, a 3 bedroom, 2.5 bath with 2148 square feet. The median sale price is $277,500 with an average time on market of 103 days (this includes 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
Tags: Lake Tahoe Homes For Sale, South Lake Tahoe Homes for Sale, South Lake Tahoe Real Estate, South Lake Tahoe Real Estate Market Update, South Lake Tahoe Vacation Homes, The Lake Tahoe Real Estate Market, The South Lake Tahoe Real Estate Market
Posted in South Lake Tahoe Real Estate Market Update, The Lake Tahoe Real Estate Market | No Comments »
Thursday, May 21st, 2009
There were 17 new listings this week, down from last week’s 20. The lowest priced new listing is $148,500 for 3735 Aspen, a 3 bedroom, 1.5 bath with 1108 square feet. The highest priced new listing is $699,000 for 988 Lakeview, a 5 bedroom, 3 bath with 2690 square feet. The median new listing price is $335,000.
There were 17 new ESCROWS this week, up from last week’s 9. The lowest priced new escrow is listed at $175,000 for 1884 Delta, a 2 bedroom, 1 bath with 720 square feet. The highest priced new escrow is $749,000 for 1110 Washoan, a new construction home with 4 bedrooms, 3 baths and 2961 square feet (congratulations to Don and Theresa Souers of the Pinnacle Real Estate Group). The median new escrow price is $374,900 with an average time on market of 43 days.
There were 6 RECORDED SALES this week, one less than last week. The lowest recorded sale is $165,000 for 1129 Herbert A, a 3 bedroom, 2 bath condo with 1161 square feet. The highest recorded sale is $6700,000 for 611 Alpine, a 3 bedroom, 2.5 bath with 2239 square feet. The median sale price is $341,500 with an average time on market of 69 days (this includes 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
Tags: Add new tag, Lake Tahoe Homes For Sale, South Lake Tahoe Homes for Sale, South Lake Tahoe Real Estate, South Lake Tahoe Real Estate Market Update, The Lake Tahoe Real Estate Market, The South Lake Tahoe Real Estate Market
Posted in South Lake Tahoe Real Estate Market Update, The Lake Tahoe Real Estate Market | No Comments »
Friday, May 8th, 2009
There were 20 new listings this week, one more last week’s 19. The lowest priced new listing is $220,000 for 3337 Pickett, a 3 bedroom, 1.5 bath with 1060 square feet. The highest priced new listing is $849,000 for 760 El Dorado, a 3 bedroom, 3 bath with 2600 square feet of living space. The median new listing price is $408,944.
There were 9 new ESCROWS this week, one less than last week. The lowest priced new escrow is listed at $154,000 for 3344 Sandy Way #26, which is a 2 bedroom, 1 bath condo with 1000 square feet. The highest priced new escrow is $499,900 for 1325 Gilmore Lake, a 4 bedroom, 2.5 bath with 2548 square feet. The median new escrow price is $270,000 with an average time on market of 55 days.
There were 7 RECORDED SALES this week, one more than last week. The lowest recorded sale is $284,000 for 1438 Chinquapin, a 3 bedroom, 1.75 bath with 1258 square feet. The highest recorded sale is $640,000 for 2159 Inverness, a 3 bedroom, 1.5 bath with 2206 square feet. The median sale price is $320,000 with an average time on market of 135 days (this includes 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
Tags: Lake Tahoe Homes For Sale, South Lake Tahoe Homes for Sale, South Lake Tahoe Real Estate, South Lake Tahoe Real Estate Market Update, South Lake Tahoe Vacation Homes, The Lake Tahoe Real Estate Market, The South Lake Tahoe Real Estate Market
Posted in South Lake Tahoe Real Estate Market Update, The Lake Tahoe Real Estate Market | No Comments »
Monday, May 4th, 2009
There were 19 new listings this week, up from last week’s 15. The lowest priced new listing is $275,000 for 1089 Reno, a 4 bedroom, 2 bath with 1586 square feet. The highest priced new listing is 2232 Columbine, a 7 bedroom, 5 bath new construction home with 4746 square feet listed at $1,788,000 (congratulations to Mark Salmon of the Pinnacle Real Estate Group). The median new listing price is $480,000.
There were 10 new ESCROWS this week, the same as the last 2 weeks. The lowest priced new escrow is $289,000 for 1408 Matheson, a 3 bedroom, 2 bath home with 1451 square feet. The highest priced new escrow is $895,000 for 1971 Aloha, a Tahoe Keys home with 4 bedrooms, 2.5 baths and 2545 square feet. The median new escrow price is $437,450 with an average time on market of 162 days.
There were 6 RECORDED SALES this week, one more than last week. The lowest recorded sale is $270,000 for 793 Modesto, an Al Tahoe home with 3 bedroom, 1.75 bath with 1225 square feet. The highest recorded sale is $439,000 for 1846 Bonanza, a Montgomery Estates home with 3 bedrooms, 2 baths and 2122 square feet (congratulations to Don and Theresa Souers of the Pinnacle Real Estate Group). The median sale price is $281,250 with an average time on market of 98 days (this includes 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
Tags: Lake Tahoe Homes For Sale, South Lake Tahoe Homes for Sale, South Lake Tahoe Real Estate, South Lake Tahoe Real Estate Market Update, South Lake Tahoe Vacation Homes, The Lake Tahoe Real Estate Market
Posted in South Lake Tahoe Real Estate Market Update, South Lake Tahoe Real Estate Market Update, The Lake Tahoe Real Estate Market | No Comments »
Wednesday, April 29th, 2009
 There were 15 new listings this week, down from last week’s 19. The lowest priced new listing is $249,900 for 1883 Delta, a 3 bedroom, 1.5 bath with 881 square feet of living space. The highest priced new listing is $1,649,000 for 3779 Overlook, congratulations to the Benedicts of the Pinnacle Real Estate Group. This home has 4 bedrooms, 3 baths and 4243 square feet. The median new listing price is $465,000.
There were 10 new ESCROWS this week, the same as last week. The lowest priced new escrow is $227,000 for 3616 Spruce #20, a 2 bedroom, 1 bath condo with 896 square feet (congratulations to Jaime Souers of the Pinnacle Real Estate Group. The highest priced new escrow is $675,000 for 1886 Genevieve, a 4 bedroom, 3 bath Tahoe Keys home with 1946 square feet (congratulations to Don and Theresa Souers of the Pinnacle Real Estate Group). The median new escrow price is $314,000 with an average time on market of 190 days.
There were 5 RECORDED SALES this week, one more than last week. The lowest recorded sale is $135,000 for 1909 B St., a 1 bedroom, 0.75 bath in the Y area with 583 square feet. The highest recorded sale is $395,000 for 2887 Lodgepole, a Montgomery Estates home with 4 bedrooms, 2 baths and 1720 square feet. The median sale price is $275,000 with an average time on market of 163 days (this includes 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
Tags: Lake Tahoe Homes For Sale, South Lake Tahoe Home for Sale, South Lake Tahoe Homes for Sale, South Lake Tahoe Real Estate, South Lake Tahoe Real Estate Market Update, The Lake Tahoe Real Estate Market, The South Lake Tahoe Real Estate Market
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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