South Lake Tahoe Real Estate Market Update, Sept. 10- Sept. 16

This week there were 23 NEW LISTINGS, up from last week’s 14. The lowest priced new listing is $139,900 for 3344 Sandy Way #26, a 2 bedroom, 1 bath condo with 812 square feet. The highest priced new listing is $4,525,000 for 221 Beach Dr., a 4 bedroom, 4.5 bath with 3904 square feet. This week’s median listing price is $329,000.

There were 10 homes that went into ESCROW this week, down from last week’s 18. The lowest priced new escrow is $129,900 for 1176 Margaret, a 4 bedroom, 3 bath with 2184 square feet. The highest priced new escrow is $725,000 for 1972 Garmish, a 4 bedroom, 2.5 bath with 2027 square feet. The median pending sale price is $317,000 with and average time on market of 95 days.

This week showed 10 homes recorded as SOLD, down from last week’s 11. The lowest sale price was $225,000 for 909 San Jose, a 3 bedroom, 1.5 bath with 896 square feet. The highest sale price was $700,000 for 2070 Traverse, a 3 bedroom, 2.5 bath with 2130 square feet. The median sale price was $296,875 with an average time on market of 131 days.