South Lake Tahoe Real Estate Market Update, May 21- May 27

[SinglePic not found]There were 25 new listings this week, up from last week’s 19.  The lowest priced new listing is $185,000 for 877 Julie, a 1 bedroom, 0.75 bath with 1160 square feet. The highest priced new listing is $1,595,000 for 2025 Marconi, a 4 bedroom, 2.5 bath with 2422 square feet. The median new listing price is $449,000.

There were 13 new ESCROWS this week, down from last week’s 18. The lowest priced new escrow is listed at $152,000, a 2 bedroom, 1.5 bath townhouse with 960 square feet located at 3305 Treehaven. The highest priced new escrow is $1,395,000 for 468 Lido in the Tahoe Keys, a 3 bedroom, 2.5 bath with 2648 square feet. The median new escrow price is $419,000 with an average time on market of 187 days.

There were 7 RECORDED SALES this week. The lowest recorded sale is $142,000 for 1049 Reno, a 2 bedroom, 1 bath with 889 square feet. The highest recorded sale is $565,000 for 840 Boulder Mountain, a 4 bedroom, 2.5 bath with 2671 square feet. The median sale price is $294,900 with an average time on market of 149 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