South Lake Tahoe Real Estate Market Update, Apr. 30- May 6

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