South Lake Tahoe Real Estate Market Update, Apr. 8- Apr. 14

According to the South Lake Tahoe Association of Realtors there were 15 NEW (or back on the market listings), Down from the previous week’s 22 new listings. The lowest priced new listing is 149,900 for 2600 Kubel, a 2 bedroom, 1 bath with 852 square feet. The highest priced new listing is $1,200,000 for 1396 Keller, a 5 bedroom, 3.5 bath with 3022 square feet. Overall, the median listing price this week was $360,000.

There were 15 homes that went into ESCROW this past week, the same amount as the week before. The lowest priced new escrow is listed at $149,900 for 1200 Wildwood #4, a 2 bedroom, 1.5 bath with 963 square feet.The highest priced new escrow was $4,250,000 for 221 Beach, a 4 bedroom, 4.5 bath with 3904 square feet. The median pending asking price is $329,000 with an average time on the market of 74 days.

This past week showed 12 CLOSED sales, up 4 from the previous week’s 8.  The lowest sale price was $160,000 for 2695 Armstrong, a 2 bedroom, 2 bath with 912 sqyare feet. The highest sale price was $700,000 for 470 Capri, a 4 bedroom, 3 bath with 3160 square feet. The median sale price was $347,500 with an average time on the market of 60 days.