South Lake Tahoe Real Estate Market Update, Sept. 24- Sept. 30

The South Lake Tahoe real estate market activity last week revealed 14 NEW LISTINGS, up from the previous  week’s 10. The lowest priced new listing is $165,000 for 2645 Chris, a 2 bedroom home with 748 square feet. The highest priced new listing is $499,500 for 1683 Chippewa, a 3 bedroom, 2 bath with 1477 square feet. This week’s median listing price is $388,900.

There were 15 homes that went into ESCROW this week, down from last week’s 17. The lowest priced new escrow is $105,000 for 1223 Bonanza, a 2 bedroom, 1 bath with 985 square feet. The highest priced new escrow is $1,395,000 for 468 Lido, a 3 bedroom, 2.5 bath with 2648 square feet. The median pending sale price is $422,755 with and average time on market of 108 days.

This week showed 8 homes recorded as SOLD, down from last week’s 14. The lowest sale price was $195,000 for 2620 Fountain, a 3 bedroom, 2.5 bath with 1848 square feet. The highest sale price was $560,000 for 1464 Sterling Ct., a 4 bedroom, 2.5 bath with 2216 square feet. The average time on the market (including the escrow period) was 110 days. The median sale price was $393,750.