South Lake Tahoe Real Estate Update – April 4-10

At the beginning of my real estate career, my role model, Danielle Kennedy emphasized that a Realtor should move once every five years just to be able to best emphasize what a client is going through. Having just turned our lives upside down with a move of our own, I now know exactly what she was talking about. We are now settled (somewhat) and it’s time to get back to work. So, having missed the past couple of weekly updates, i am back on track. Here we go:
During the week of April 4th – 10th the city limits witnessed the following:
There were 10 new/back on the market single family and condos listed. Of these 10, the range was a low of $250,000 – a high of $2,475,000. Three homes went into escrow ranging from $269,900 – $895,000 and there were two closed sales, $325,000 and $365,000. There was no activity among vacant land.
Within the county area, there were 9 new/back on the market listings ranging from $398,000 to $1,349,000. One home went into escrow which was listed at $699,000 and there were five closed sales, ranging from a low of $235,000 to a high of $980,000. Two of these properties were bank-owned. There were two new lot listings, $165,000 – $299,000 and one closed sale for $145,000.

Our home of the week is a rare find.  Pristine condition, classic “Old Tahoe” cabin, furnished and all within walking distance to Lake Tahoe. Click here to take a visual tour.