South Lake Tahoe Real Estate Market Update, June 18- June 24

[SinglePic not found]This week there were 28 NEW LISTINGS, up from last week’s 24. The lowest priced new listing is $127,900 for 3740 Larch, a 1 bedroom with 468 square feet. The highest priced new listing is $747,000 for 1841 Osage, a 4 bedroom, 3 bath with 2855 square feet of living space. The median new listing price for this week is $379,000.

There were 9 homes that went into ESCROW this week, down from last week’s 17. The lowest priced new escrow is $183,900 for 967 Kiowa, a 2 bedroom, 1 bath with 912 square feet. The highest priced new escrow is $480,000 for 3949 Cedar, a 2 bedroom, 1.75 bath with 953 square feet. The median pending sale price is $239,000 with an average time on market of 191 days.

This week there were 9 homes that were recorded as SOLD, up from last week’s 6. The lowest sale price was $180,000 for 2333 Sky Meadows, a 2 bedroom, 2 bath with 1000 square feet. The highest sale price was $948,000 for 1928 Kokanee, a 4 bedroom, 2.5 bath with 2773 square feet. The median sale price was $300,000 with an average time on market of 181 days.