South Lake Tahoe Real Estate Market Update, Sept. 17- Sept. 23

[SinglePic not found]This week there were only 10 NEW LISTINGS, down from last week’s 23. The lowest priced new listing is $199,000 for 1243 Stockton, a 3 bedroom with 1366 square feet. The highest priced new listing is $695,000 for 439 Ala Wai #142, a 3 bedroom, 3 bath Tahoe Keys condo with 1462 square feet. This week’s median listing price is $378,738.

There were 17 homes that went into ESCROW this week, up from last week’s 10. The lowest priced new escrow is $150,000 for 2943 Oakland. The highest priced new escrow is $788,888 for 2546 Cold Creek, a 6 bedroom, 5 bath with 3522 square feet. The median pending sale price is $349,000 with and average time on market of 42 days.

This week showed 13 homes recorded as SOLD, up from last week’s 10. The lowest sale price was $120,000 for 3404 Freel, a 1 bedroom, 1 bath with 716 square feet. The highest sale price was $580,000 for 2280 Sutter, a 4 bedroom, 2.5 bath with 2594 square feet. The average time on the market (including the escrow period) was 91 days. The median sale price was $247,000.