The sun’s been shining but oh, so deceiving. It seems as though at least once a day, I step outside of my comfy home and catch my frozen breath. No wonder the ice is not melting. South Lake Tahoe: Jan. 11th – 18th – Weekly Market Update
The sun’s been shining but oh, so deceiving. It seems as though at least once a day, I step outside of my comfy home and catch my frozen breath. No wonder the ice is not melting. This past week’s real estate activity in regards to single family and condo residences was somewhat reflective of last week’s news. According to the South Tahoe Association of Realtors Multiple Listing Services, during the period of January 11th - January 18th, 2008, the following was reported.
There were a total of 14 new and/or back on the market properties. These ranged from a low of $189,000 for a small, 448 sf. home in the Sierra Tract to an expansive waterfront home in the Tahoe Keys listed for $1,895,000. This beauty featured 4 bedrooms, 3 baths, over 3,700 SF of living space and a boat dock.
There were 6 pending escrows ranging from a 3 bedroom, 2 bath, 900 SF home for $270,000 to a 4 bedroom, 3 bath log-style home built in 1999 with approximatly 2,600 SF of living space. This $775,000 home was listed ‘back on the market” only last week.
Finally, there were 5 closed escrows ranging from a 3 bedroom, 2 bath home with 1,431 SF of living space listed at $389,000 to a whopping $1,550,000 stunning 5 bedroom, 4.5 bath brand new Montgomery Estates home. (Incidentally – sold by the Souers Team.)
There were 3 closed escrows on lots ranging from $70,000 – $100,000
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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