South Lake Tahoe Real Estate Market Update, Apr. 16- Apr. 22

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