The picture graph shows the median home prices averaged over the previous twelve months.

Following are the actual comparisons for the various categories mentioned above as compared to those reported in 2012.

Current Market Conditions 

As of April 10, 2013, the Pioneer Trail neighborhood reports 12 homes on the market (active and in escrow)  ranging from a minimum of $179,000 to $865,000.  The basic law of supply and demand is described in real estate terms as the “absorption rate.”  Absorption rate (or monthly supply of inventory) are a calculation based upon the rate of closed sales to active listings.  It is an accurate way to keep track of market trends.  A balanced market is when there is a six-month supply of homes indicating that there are enough inventories to supply the demand.  Less than six months is considered a seller’s market and greater than six months is a buyer’s market.  As of March 31, 2013 the Pioneer Trail neighborhood is reporting a month supply of 2 as compared to 5.5  at the same time in 2012.

The above information is taken from statistics provided by the South Lake Tahoe Association of REALTORS® Multiple Listing Services and while deemed to be accurate, are not guaranteed.

Current Market Conditions

As of March 31, 2013, the North Upper Truckee neighborhood reports 22 homes on the market (active and in escrow)  ranging from a minimum of $199,000 to $1,395,000.  The basic law of supply and demand is described in real estate terms as the “absorption rate.”  Absorption rate (or monthly supply of inventory) are a calculation based upon the rate of closed sales to active listings.  It is an accurate way to keep track of market trends.  A balanced market is when there is a six-month supply of homes indicating that there are enough inventories to supply the demand.  Less than six months is considered a seller’s market and greater than six months is a buyer’s market.  As of March 31, 2013 the North Upper Truckee neighborhood is reporting a month supply of 6.6 as compared to 13.2  at the same time in 2012.

The above information is taken from statistics provided by the South Lake Tahoe Association of REALTORS® Multiple Listing Services and while deemed to be accurate, are not guaranteed.

Current Market Conditions 

As of March 31, 2013, the Montgomery Estates neighborhood reports 16 homes on the market (active and in escrow)  ranging from a minimum of $275,000 to $785,000.  The basic law of supply and demand is described in real estate terms as the “absorption rate.”  Absorption rate (or monthly supply of inventory) are a calculation based upon the rate of closed sales to active listings.  It is an accurate way to keep track of market trends.  A balanced market is when there is a six-month supply of homes indicating that there are enough inventories to supply the demand.  Less than six months is considered a seller’s market and greater than six months is a buyer’s market.  As of March 31, 2013 the Montgomery Estates neighborhood is reporting a month supply of 4.4 as compared to 8.2 at the same time in 2012.

The above information is taken from statistics provided by the South Lake Tahoe Association of REALTORS® Multiple Listing Services and while deemed to be accurate, are not guaranteed.

The picture graph shows the median price averaged over the past twelve months.  Here again, we see positive trends.

Current Market Conditions – March 31, 2013

As of March 31, 2013, the Meyers neighborhood reports 10 homes on the market (active and in escrow)  ranging from a minimum of $150,000 to $449,900.  The basic law of supply and demand is described in real estate terms as the “absorption rate.”  Absorption rate (or monthly supply of inventory) are a calculation based upon the rate of closed sales to active listings.  It is an accurate way to keep track of market trends.  A balanced market is when there is a six-month supply of homes indicating that there are enough inventories to supply the demand.  Less than six months is considered a seller’s market and greater than six months is a buyer’s market.  As of March 31, 2013 the Meyers neighborhood is reporting a month supply of 3.2 as compared to 7.3 at the same time in 2012.

The above information is taken from statistics provided by the South Lake Tahoe Association of REALTORS® Multiple Listing Services and while deemed to be accurate, are not guaranteed.

2013 1st Quarter Comparison	2013	2012
Number of Sales	6	5
Median Home Price	$419,750	$265,000
Average List to Sale Ratio	95.5%	101.9%
Median Dollar Per Square Foot	$181	$146
Days on the Market	180	85

Current Market Conditions 

As of March 31, 2013, the Country Club Estates neighborhood reports 12 homes on the market (active and in escrow)  ranging from a minimum of $219,000 to $875,000.  The basic law of supply and demand is described in real estate terms as the “absorption rate.”  Absorption rate (or monthly supply of inventory) are a calculation based upon the rate of closed sales to active listings.  It is an accurate way to keep track of market trends.  A balanced market is when there is a six-month supply of homes indicating that there are enough inventories to supply the demand.  Less than six months is considered a seller’s market and greater than six months is a buyer’s market.  As of March 31, 2013 the Country Club Estates neighborhood is reporting a month supply of 5.8 as compared to 7.3 at the same time in 2012.

The above information is taken from statistics provided by the South Lake Tahoe Association of REALTORS® Multiple Listing Services and while deemed to be accurate, are not guaranteed.

The picture graphs represent the median home price based upon an average of the previous 12 months.

Current Market Conditions

As of March 31, 2013, the Christmas Valley neighborhood reports 10 homes on the market (active and in escrow)  ranging from a minimum of $179,000 to $568,000. The basic law of supply and demand is described in real estate terms as the “absorption rate.”  Absorption rate (or monthly supply of inventory) are a calculation based upon the rate of closed sales to active listings.  It is an accurate way to keep track of market trends.  A balanced market is when there is a six-month supply of homes indicating that there are enough inventories to supply the demand.  Less than six months is considered a seller’s market and greater than six months is a buyer’s market.  As of March 31, 2013 the Christmas Valley neighborhood is reporting a month supply of 5.2 as compared to 13 at the same time in 2012.

The above information is taken from statistics provided by the South Lake Tahoe Association of REALTORS® Multiple Listing Services and while deemed to be accurate, are not guaranteed.

Following are the actual comparisons for the various categories mentioned above as compared to those reported in 2012.

Current Market Conditions

As of March 31, 2013, the Y neighborhood reports 5 homes on the market (active and in escrow)  ranging from a minimum of $89,000 to $349,000. The basic law of supply and demand is described in real estate terms as the “absorption rate.”  Absorption rate (or monthly supply of inventory) are a calculation based upon the rate of closed sales to active listings.  It is an accurate way to keep track of market trends.  A balanced market is when there is a six-month supply of homes indicating that there are enough inventories to supply the demand.  Less than six months is considered a seller’s market and greater than six months is a buyer’s market.  As of March 31, 2013 the Y neighborhood is reporting a month supply of 4.2 as compared to 9.3 at the same time in 2012.

The above information is taken from statistics provided by the South Lake Tahoe Association of REALTORS® Multiple Listing Services and while deemed to be accurate, are not guaranteed.

Current Market Conditions

As of March 31, 2013, the Tahoe Keys neighborhood reports 36 homes on the market (active and in escrow)  ranging from a minimum of $428,000 to $4,700,000.  Half of the 36 homes on the market are already in escrow. The basic law of supply and demand is described in real estate terms as the “absorption rate.”  Absorption rate (or monthly supply of inventory) are a calculation based upon the rate of closed sales to active listings.  It is an accurate way to keep track of market trends.  A balanced market is when there is a six-month supply of homes indicating that there are enough inventories to supply the demand.  Less than six months is considered a seller’s market and greater than six months is a buyer’s market.  As of March 31, 2013 the Tahoe Keys neighborhood is reporting a month supply of 7.5 as compared to 8.5 at the same time in 2012.

The above information is taken from statistics provided by the South Lake Tahoe Association of REALTORS® Multiple Listing Services and while deemed to be accurate, are not guaranteed.

Current Market Conditions

As of March 31, 2013, the Tahoe Island Park neighborhood reports 6 homes on the market (active and in escrow)  ranging from a minimum of $259,900 to $400,000.  The basic law of supply and demand is described in real estate terms as the “absorption rate.”  Absorption rate (or monthly supply of inventory) are a calculation based upon the rate of closed sales to active listings.  It is an accurate way to keep track of market trends.  A balanced market is when there is a six-month supply of homes indicating that there are enough inventories to supply the demand.  Less than six months is considered a seller’s market and greater than six months is a buyer’s market.  As of March 31, 2013 the Tahoe Island Park neighborhood is reporting a month supply of 3.7 as compared to 7.7 at the same time in 2012.

The above information is taken from statistics provided by the South Lake Tahoe Association of REALTORS® Multiple Listing Services and while deemed to be accurate, are not guaranteed.

Current Market Conditions – March 31, 2012

As of March 31, 2013, the Tahoe Island Drive neighborhood reports 9 homes on the market (active and in escrow)  ranging from a minimum of $189,000 to $460,000.  The basic law of supply and demand is described in real estate terms as the “absorption rate.”  Absorption rate (or monthly supply of inventory) are a calculation based upon the rate of closed sales to active listings.  It is an accurate way to keep track of market trends.  A balanced market is when there is a six-month supply of homes indicating that there are enough inventories to supply the demand.  Less than six months is considered a seller’s market and greater than six months is a buyer’s market.  As of March 31, 2013 the Tahoe Island Drive neighborhood is reporting a month supply of 2.8 as compared to 4.8  at the same time in 2012.

The above information is taken from statistics provided by the South Lake Tahoe Association of REALTORS® Multiple Listing Services and while deemed to be accurate, are not guaranteed.