South Lake Tahoe Real Estate Market Update, Mar. 18- Mar. 24
There were 17 NEW (or back on the market) listings over the past week according to the South Tahoe Association of Realtors, 1 more than the previous week’s 16. The lowest priced new listing is $189,000 for 1161 Herbert C, a 3 bedroom, 2 bath condo with 1161 square feet. The highest priced new listing is $4,100,000 for 16 Lighthouse Shores in the Tahoe Keys. The median listing price among this group was $548,000.
There were 10 homes that went into ESCROW this past week, down 6 from the previous week’s 16. The lowest priced new escrow is $163,900 for 1133 Glenwood, a 4 bedroom, 2 bath home with 1854 square feet (this home is bank owned with frozen pipe/ flood damage). The highest priced new escrow is $599,000 for 1301 Gilmore, a 4 bedroom, 2 bath with 2881 square feet (congratulations to Don & Theresa Souers with the Pinnacle Group). The median pending asking price is $309,900 with an average time on the market of 97 days.
Last week showed 4 CLOSED sales, down 4 from the previous week’s 8. The lowest sale price was $197,000 for 953 San Francisco, a 3 bedroom, 1.75 bath with 1300 square feet. The highest sale price was $650,000 for 1355 Glenwood, a 4 bedroom, 3.5 bath with 4193 square feet. The median sale price was $266,000 with an average time on the market of 145 days.
South Lake Tahoe Real Estate Market Update, Mar. 11- Mar. 17
What a week within the South Lake Tahoe real estate market. There were 16 NEW (or back on the market) Listings over the past week according to the South Tahoe Association of Realtors, 2 more than the previous week’s 14. The lowest priced new listing is $163,900 for 1133 Glenwood, a 4 bedroom, 2 bath with 1854 square feet. As you can see by the price, it could use a bit of TLC but what an investment opportunity. The highest priced new listing is $749,000 for 1917 Cathedral, a 3 bedroom, 2 bath with 2363 square foot home within the Tahoe Keys. The median listing price among this group was $351,950.
The best news was that there were also 16 homes that went into ESCROW last week, 5 more than the previous week’s 11. The lowest priced new escrow is 159,900 for 1353 Meadow Crest, a bank owned fixer with 5 bedrooms, 2 baths and 1860 square feet. The highest priced new escrow is $939,000 for 344 Uplands, a 4 bedroom, 3 bath with 2940 square feet of living space located within desirable Angora Highlands. The median pending asking price is $407,000 (which is higher than the current median home price sold) with an average time on market of 94 days.
Last week showed 8 CLOSED sales. The lowest sale price was $210,000 for 3600 Paradise, a 2 bedroom, 1 bath with 960 square feet and a bonus lot (congratulations to Jaime Souers with the Pinnacle Real Estate Group). The highest sale price was $912,500 for 366 Ala Wai #271, a lakefront condo within the Tahoe Keys that included 3 bedrooms, 2 baths and 1558 square feet. The median sale price was $517,500 with an average time on the market of 95 days. Again, this median home price was above the overall median for the past four months.
South Lake Tahoe Real Estate Market Update, Feb. 4- Feb. 12
According to the South Tahoe Association of Realtors, the South Lake Tahoe real estate market showed 12 NEW LISTINGS this past week, down from the previous week’s 30. The lowest priced new listing is $154,440 for 1032 Ham, a 2 bedroom, 1 bath with 720 square feet. The highest priced new listing is $1,250,000 for 483 Lido, a 3 bedroom, 2.5 bath with 2651 square feet. This week’s median listing price is $379,700.
There were 14 homes that went into ESCROW this past week, up from the previous week’s 9. The lowest priced new escrow is $165,000 for 2695 Armstrong, a 2 bedroom, 2 bath with 912 square feet. The highest priced new escrow is $1,195,000 for 1934 Marconi, a 4 bedroom, 3 bath with 2628 square feet. The median pending sale price is $341,890 with an average time on market of 98 days.
The number of closed sales this past week was 10, down one from the previous week. The lowest sale price was $172,100 for 1964 Cherokee, a 3 bedroom, 2 bath with 1088 square feet. The highest sale price was $775,000 for 2341 Cold Creek, a 4 bedroom, 3.75 bath with 2703 square feet. The median sale price was $307,000 and the average time on the market (including the escrow period) was 101 days.
South Lake Tahoe Real Estate Market Update, Jan. 28- Feb. 3
According to the South Tahoe Association of Realtors, the South Lake Tahoe real estate market showed 30 NEW LISTINGS this past week, up from the previous week’s 9. The lowest priced new listing is $139,900 for 3305 Treehaven #1, a 2 bedroom, 1.5 bath duplex with 960 square feet. The highest priced new listing is $1,988,000 for 3371 Lake Tahoe Blvd. #10, a 4 bedroom, 4 bath lake front townhouse with 3387 square feet. This week’s median listing price is $392,000.
There were 9 homes that went into ESCROW this past week, down from the previous week’s 11. The lowest priced new escrow is $194,000 for 1191 Dedi, a 3 bedroom, 2 bath with 1092 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 $390,000 with an average time on market of 101 days.
The number of closed sales this past week was 11, the same as the previous week. The lowest sale price was $150,000 for 953 Tallac, a 1 bedroom, 1 bath with 420 square feet. The highest sale price was $775,000 for 2341 Cold Creek, a 4 bedroom, 3.75 bath with 2703 square feet. The median sale price was $280,000 and the average time on the market (including the escrow period) was 83 days. To learn more about the South Tahoe real estate market, be sure to visit our website.
South Lake Tahoe Real Estate Market Update, Jan. 21- Jan. 27
Signs of a leveling market were reflected in last week’s real estate report. According to the South Tahoe Association of Realtors, the South Lake Tahoe real estate market showed 9 NEW LISTINGS this past week, down from the previous week’s 15. The lowest priced new listing is $180,000 for 1149 Herbert C, a 3 bedroom, 2 bath, 1161 square foot condo. The highest priced new listing is $795,000 for 4081 Manzanita, a 5 bedroom, 3 bath with 2982 square feet listed with Pinnacle Real Estate Group. Good job, Diane. This week’s median listing price is $289,000.
There were 11 homes that went into ESCROW this past week, down from the previous week’s 12. The lowest priced new escrow is $165,000 for 2695 Armstrong, a 2 bedroom, 2 bath with 912 square feet. The highest priced new escrow is $899,000 for 601 Lucerne, a 4 bedroom, 3.5 bath with 2388 square feet. The median pending sale price is $329,900 with an average time on market of 17 days.
The number of closed sales this past week was 11, up from the previous week’s 8. The lowest sale price was $204,000 for 1471 Chinquapin, a 3 bedroom, 2 bath with 1632 square feet. The highest sale price was $595,000 for 770 Algonquin, a 4 bedroom, 3 bath with 3009 square feet. The median sale price was $316,500 and the average time on the market (including the escrow period) was 149 days.