South Lake Tahoe Real Estate Market Update, Mar. 5- Mar. 11

Fresh Snow brings big smiles to Lake Tahoe skiers

This past week there were 10 NEW LISTINGS, down from last week’s 16.  The lowest priced new listing is $329,000 for 3049 Oakland, a 3 bedroom, 1.5 bath with 1048 square feet. The highest priced new listing is $899,000 for 2149 Inverness with 5 bedrooms, 3 baths and 2490 square feet. The median new listing price is $634,000.

There were 7 new ESCROWS this week, the same amount as last week. The lowest priced new escrow is $149,900 for 1909 B St. with 1 bedroom, 0.75 baths and 583 square feet. The highest priced new escrow is $1,000,000 for 3371 Lake Tahoe Blvd. #7 with 3 bedrooms, 3 baths and 1787 square feet. The median new escrow price is $568,000 with an average time on market of 107 days.

There were 6 RECORDED SALES this week, up from last week’s 4. The lowest recorded sale is $250,000 for 3877 Crest, a 4 bedroom, 2 bath home with 2327 square feet located in the Heavenly neighborhood. The highest recorded sale is $810,000 for 1980 Dagget in the Tahoe keys. This home has 3 bedrooms and 2584 square feet.  The median sale price was $416,250 with an average time on market of 118 days (including 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