South Lake Tahoe Real Estate Market Update, Nov. 12- Nov. 18

[SinglePic not found]The South Lake Tahoe real estate market showed 16 NEW LISTINGS this past week, up from the previous week’s 11. The lowest priced new listing is $205,000 for 1319 Meadow Crest, a 2 bedroom with 924 square feet. The highest priced new listing is $697,000 for 498 Christie, a 4 bedroom, 3 bath with 2766 square feet. This week’s median listing price is $380,125.

There were 14 homes that went into ESCROW this past week, the same amount as the previous 2 weeks. The lowest priced new escrow is $179,000 for 838 Tahoe Keys Blvd., a 3 bedroom, 1 bath with 1064 square feet. The highest priced new escrow is $699,000 for 2128 West Way, a 4 bedroom, 3.5 bath with 2730 square feet. The median pending sale price is $282,450 with and average time on market of 26 days.

This week there were 10 homes recorded as SOLD, one less than last week’s 11. The lowest sale price was $150,000 for 2680 Kubel, a 2 bedroom, 1 bath with 448 square feet. The highest sale price was $770,000 for 1971 Aloha, a 4 bedroom, 2.5 bath with 2545 square feet. The median sale price was $238,000 and the average time on the market (including the escrow period) was 76 days.