South Lake Tahoe Real Estate Market Update, Nov. 19- Nov. 25

This was the week of dozens. 3 to be exact. The South Lake Tahoe real estate market showed 12 NEW LISTINGS this past week, down from the previous week’s 16. The lowest priced new listing is $245,000 for 1884 Guadalupe, a 2 bedroom, 1.5 bath with 984 square feet. The highest priced new listing is $1,195,000 for 455 Lido, a 3 bedroom, 2.5 bath with 2719 square feet. This week’s median listing price is $355,950.

There were 12 homes that went into ESCROW this past week, down from the previous week’s 14. The lowest priced new escrow is $92,900 for 2656 Kubel, a 2 bedroom, 1 bath with 504 square feet. The highest priced new escrow is $825,000 for 2200 Catalina, a 3 bedroom, 2 bath with 1552 square feet. The median pending sale price is $343,000 with and average time on market of 90 days.

This week there were 12 homes recorded as SOLD, up from last week’s 10. The lowest sale price was $135,000 for 1033 River, a 3 bedroom, 1.5 bath with 1220 square feet. The highest sale price was $675,000 for 1161 Tokochi, a 5 bedroom, 4 bath with 4041 square feet. The median sale price was $177,800 and the average time on the market (including the escrow period) was 88 days.