South Lake Tahoe Real Estate Market Update

This week there were 18 NEW LISTINGS, up from last week’s 11. The lowest priced new listing is $164,900 for 3713 Montreal, a 4 bedroom, 1 bath with 1020 square feet. The highest priced new listing is $2,175,000 for 3371 Lake Tahoe Blvd. #104, a 4 bedroom, 4 bath lakefront home with 3387 square feet. This week’s median listing price is $315,500.

CHECK IT OUT!!!  There were 20 homes that went into ESCROW this week, up from last week’s 11. The lowest priced new escrow is $140,000 for 3344 Sandy Way #25, a 2 bedroom, 1 bath condo with 812 square feet. The highest priced new escrow is $738,000 for 3419 Aloha, a 4 bedroom, 2.5 bath with 3050 square feet. The median pending sale price is $336,638 with and average time on market of 92 days.

This week showed 9 homes recorded as SOLD, up from last week’s 8. The lowest sale price was $178,000 for 2663 Bertha, a 2 bedroom, 1 bath with 912 square feet. The highest sale price was $826,000 for 484 Carson, a 3 bedroom, 2.5 bath with 2136 square feet. The median sale price was $305,000 with an average time on market of 64 days.

The statistics regarding the last 12 months sales within the various South Lake Tahoe neighborhoods has just been updated in our website.  Great information!