South Lake Tahoe Real Estate Weekly Market Update

Generally speaking, the Lake Tahoe real estate activity is rather mild during the Christmas holiday. However, this past week had Realtors, escrow officers and lenders rather busier than expected.

According to the South Tahoe Association of Realtors Multiple Listing Services, during the period of December 20th – December 27th, there were 10 new or “back on the market” listings, 7 pending sales and 4 closed escrows all within the category of residential sales.

Among the new listings, the prices ranged from $237,500 to $1,295,000 (quite the variety package.)

Congratulations go out to the buyers and sellers of the following homesL

The pending sales ranged from a list price of $237,500 for a two bedroom condo on Lake Tahoe Blvd. to $829,000 for a deluxe home on Southern Pines.

Those posting closed sales ranged from $330,000 for a 2 bedroom cabin in Christmas Valley to $1,200,000 for a 5 bedroom waterfront home in the Tahoe Keys.

Be sure to check out the South Lake Tahoe real estate neighborhood information on our website. This new section includes market trends such as median home prices and the frequency of sales as well as historical data.