South Lake Tahoe Real Estate Market Update, Aug 20- Aug 26

[SinglePic not found]This week there were 11 NEW LISTINGS, down from last week’s 14. The lowest priced new listing is $174,900 for 2680 Kubel, a 2 bedroom, 1 bath with 448 square feet. The highest priced new listing is $998,000 for 1355 Glenwood, a 4 bedroom, 3.5 bath with 4322 square feet. This week’s median listing price is $359,000.

There were 11 homes that went into ESCROW this week, down from last week’s 19. The lowest priced new escrow is $209,900 for 798 Hazel, a 3 bedroom, 2 bath with 2130 square feet. The highest priced new escrow is $759,000 for 2070 Traverse, a 3 bedroom, 2.5 bath with 2130 square feet. The median pending sale price is $289,000 with and average time on market of 247 days.

This week showed 8 homes recorded as SOLD, down from last week’s 11. The lowest sale price was $138,000 for 3344 Sandy Way #14, a 2 bedroom, 1 bath condo with 1000 square feet. The highest sale price was $760,000 for 2149 Inverness, a 5 bedroom, 3 bath with 2490 square feet. The median sale price was $237,000 with an average time on market of 131 days.