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| According to the South Tahoe Association of Realtors’ MLS, the median list price for homes in the Montgomery Estates neighborhood for the year between July 31st 2008 and July 31st 2009 was $437,000 with a median sale price of $417,000. The list to sold ratio was 94.7%.
The Montgomery Estates neighborhood is near the middle section of Pioneer Trail which allows for easy access to Heavenly Ski Resort, the casinos and beaches. Within the Montgomery Estates area, one can find numerous forested trails, meadows, creeks and views. Outdoor recreation lovers will greatly appreciate the opportunities right out their doors. The neighborhood elementary school is the Sierra House School which has received numerous education awards over the years.
The Montgomery Estates neighborhood is popular with local residents as this area features larger homes, larger lots, mountain and some lake views, and many areas backing Forest Service land. The prices in Montgomery Estates vary as do most neighborhoods in South Lake Tahoe ranging from an average of $450,000 to over $1,000,000. Yet, it is not uncommon to find smaller, less expensive homes as well.
Past 12 months of data for this neighborhood
Median Home Prices are based upon the previous
12 months period.
Click here or scroll down for a summary of previous activity (2003-2008).
|
| Month |
# of Sales |
List Price |
Sold Price |
Days on Market |
Sale to List |
SF |
$/SF |
| November |
24 |
$499,000 |
$499,000 |
92 |
100% |
1963 |
$254 |
| October |
31 |
$429,000 |
$405,000 |
97 |
94.4% |
2114 |
$192 |
| September |
30 |
$427,000 |
$402,500 |
74 |
94.3% |
2038 |
$197 |
| August |
26 |
$422,000 |
$399,500 |
68 |
94.7% |
1961 |
$204 |
| July |
26 |
$437,000 |
$414,000 |
64 |
94.7% |
2038 |
$203 |
| June |
25 |
$449,000 |
$439,000 |
63 |
97.8% |
1960 |
$224 |
| May |
26 |
$470,750 |
$444,457 |
58 |
94.4% |
1957 |
$227 |
| April |
26 |
$470,750 |
$444,457 |
58 |
94.4% |
1957 |
$227 |
| March |
24 |
$499,000 |
$450,457 |
110 |
90.3% |
2165 |
$208 |
| February |
22 |
$482,000 |
$450,457 |
67 |
93.5% |
1957 |
$230 |
| January |
19 |
$485,000 |
$475,000 |
69 |
97.9% |
1954 |
$243 |
| December |
20 |
$487,000 |
$480,000 |
69 |
98.6% |
1961 |
$245 |
2004-2008 Sold - South Lake Tahoe, Montgomery Estates
Following is a summary of the real estate activity for CLOSED SALES within the Montgomery Estates area (per the South Lake Tahoe MLS stats):
South Lake Tahoe MLS Sales 2008, Montgomery Estates
- 20 closed sales
- Median SOLD price- $480,000
- Average SOLD price- $608,695
- Median square feet- 1961
- Median $/ square foot- $245
- Median days on the market- 69
South Lake Tahoe MLS Sales 2007, Montgomery Estates
- 23 closed sales
- Median SOLD price- $600,000
- Average SOLD price- $659,370
- Median square feet- 2040
- Median $/ sf- $294
- Median days on the market- 145
South Lake Tahoe MLS Sales 2006, Montgomery Estates
- 29 closed sales
- Median SOLD price- $650,000
- Average SOLD price- $726,052
- Median square feet- 2263
- Median $/ sf- $287
- Median days on the market- 151
South Lake Tahoe MLS Sales 2005, Montgomery Estates
- 52 closed sales
- Median SOLD price- $645,000
- Average SOLD price- $672,710
- Median square feet- 2156
- Median $/ sf- $299
- Median days on the market- 98
South Lake Tahoe MLS Sales 2004, Montgomery Estates
- 84 closed sales
- Median SOLD price- $519,500
- Average SOLD price- $536,552
- Median square feet- 2093
- Median $/ sf- $248
- Median days on the market- 85
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