South Lake Tahoe Real Estate Market Update, Oct. 29- Nov. 4

The South Lake Tahoe real estate market showed 14 NEW LISTINGS this past week, one more than the previous week’s 13. The lowest priced new listing is $81,900 for 1223 Bonanza, a 2 bedroom, 1 bath with 812 square feet. The highest priced new listing is $1380,000 for 872 Tata, a 3 bedroom, 2 bath with 1685 square feet. This week’s median listing price is $282,450.

There were 14 homes that went into ESCROW this past week, up from last week’s 14. The lowest priced new escrow is $164,500 for 2577 Armstrong, a 3 bedroom, 1 bath with 832 square feet. The highest priced new escrow is $798,000 for 1971 Aloha, a 4 bedroom, 2.5 bath with 2545 square feet. The median pending sale price is $294,000 with and average time on market of 68 days.

This week there were 10 homes recorded as SOLD, one more than last week’s 9. The lowest sale price was $197,500 for 1200 Wildwood #39, a 2 bedroom, 1.5 bath condo with 1046 square feet. The highest sale price was $2,550,000 for 3819 Beach, a 4 bedroom, 2 bath with 2286 square feet in the Tahoe Keys. The median sale price was $310,250 and the average time on the market (including the escrow period was 168 days).