South Lake Tahoe Real Estate Market Update, Feb. 19- Feb. 25

Mid-week skiing - the epitome of tranquility
This week there were 10 NEW LISTINGS, the same amount as last week. The lowest priced new listing is $275,000 for 952 Tahoe Island Dr., a 4 bedroom, 2 bath with 1650 square feet. The highest priced new listing is 319 Beach with 3 bedrooms, 3.5 baths and 2513 square feet.
There were 4 new ESCROWS this week, one more than last week. The lowest priced new escrow is $284,900 for 849 Chilicothe with 2 bedrooms, 2 baths and 1320 square feet. The highest priced new escrow is $669,000 for 2159 Inverness in the Tahoe Keys, a 3 bedroom 1.5 bath home with 2206 square feet. This home has 3 bedrooms, 2 baths and 1294 square feet of living space. The median new escrow price is $354,950 and the average days on market for these escrows is 75.
There were 7 RECORDED SALES this week, one less than last week. The lowest recorded sale is $178,000 for 3344 Sandy Way #6, a 2 bedroom, 1 bath condo with 1000 square feet in the Bijou neighborhood. The highest recorded sale is $840,000 for 3535 Bode, also in the Bijou neighborhood with 4 bedrooms, 3 baths and 2746 square feet (congratulations to Mark Salmon with the Pinnacle Real Estate Group). The median sale price was $315,000 with an average time on market of 201 (including the escrow period).
Be sure to visit our website at www.HomeInTahoe.com to learn more about the Lake Tahoe real estate market, neighborhood stats and more
South Lake Tahoe Real Estate Market Update, Feb. 12- Feb. 18

Fresh snow brings out the ski enthusiasts
This week there were 10 NEW LISTINGS, down from last week’s 12. The lowest new listing has an asking price of $149,000 for a 2 bedroom, 1 bath condo with 870 square feet, located at 1281 Bonanza #16. The highest priced new listing is 729 El Dorado, a 4 bedroom, 3 bath home with 2208 square feet and an asking price of $799,000. The median new listing price is $349,500.
There were 3 new ESCROWS this week, down from last week’s 5. The lowest priced home that went into escrow is 703 Tahoe Island, a 2 bedroom, 2 bath, 1429 square foot home in the Tahoe Island neighborhood listed at $245,000. The highest priced new escrow is $356,250 for 1138 Apache in Meyers. This home has 3 bedrooms, 2 baths and 1294 square feet of living space. The median price for the new escrows is $279,999 with an average time on the market of 92 days.
There were 8 RECORDED SALES this week, up from last week’s 6. The lowest recorded sale is $260,000 for 573 Otomites, a 3 bedroom, 1.75 bath with 1104 square feet located in North Upper Truckee. The highest recorded sale is $945,000 for 1392 Bonita, a 6 bedroom, 5 bath home with 3562 square feet. This home has 4 bedrooms, 3 baths and 2873 square feet. The median sale price for this week was $457,500 with an average time on the market (including the escrow period) of 232 days.
South Lake Tahoe Real Estate Market Update, Feb. 5 – Feb. 11

Time to hit the slopes!
This week there were 12 NEW LISTINGS, one less than last week’s 13. The lowest priced new listing is $219,000 for 2494 Knox, a 2 bedroom, 1 bath home with 864 square feet. The highest priced new listing is $1,290,000 for 1566 Apache, a 4 bedroom, 2.5 bath home with 3200 square feet. The median new listing price is $477,000.
There were 5 new ESCROWS this week, down from last week’s 8. The lowest priced new escrow is $160,000 for 790 Anita, a 3 bedroom, 2 bath home with 1440 square feet in the Tahoe Island neighborhood (congratulations to Casey Ressler of Pinnacle Real Estate Group). The highest priced new escrow is $419,000 for 2289 Lupine, a 4 bedroom, 3 bath with 2562 square feet of living space in Montgomery Estates. The median price for the new escrows is $339,000 with an average time on the market of only 11 days.
There were 6 RECORDED SALES this week, equal to last week and the week before. The lowest recorded sale was $190,000 for 2419 Lupine, a Montgomery Estates home with 4 bedrooms, 3 baths and 2562 square feet (congratulations to Flip Walker of the Pinnacle Real Estate Group). The highest recorded sale was $1,275,000 for 2008 Marconi in the Tahoe Keys. This home has 4 bedrooms, 3 baths and 2873 square feet. The median sale price for this week was $322,500 with an average time on the market (including the escrow period) of 134 days.
Be sure to visit our website at www.HomeInTahoe.com to learn more about the Lake Tahoe real estate market, neighborhood stats and more
South Lake Tahoe Real Estate Market Update, Jan. 29- Feb.4
This week there were 13 NEW LISTINGS, up from last week’s 11. The lowest priced new listing is located at 3877 Crest, a bank owned property with 4 bedrooms, 2 baths and 2327 square feet listed at $250,000. The highest priced new listing is $2,750,000 for 2172 Balboa, a 5 bedroom, 5 bath home with 4000 square feet of living space. The median price for these 13 new listings is $589,000.
There were 8 new ESCROWS this week, equal to that of last week. The lowest priced property among this group is $219,000 for 1035 Herbert in the Bijou neighborhood with 4 bedrooms, 2 baths and 1394 square feet. The highest price for this week’s pending sales is 2315 Tartan Way in the Angora Highlanda area, listed at $1,575,000, congratulations to Mark Salmon and Don & Theresa Souers of Pinnacle Real Estate Group. This home has 6 bedrooms, 5 baths and 4191 square feet of living space. The views are spectacular. The median price for the new escrows is $399,000 with an average time on market of 145 days.
There were 6 RECORDED SALES this week, equal to last week. The lowest recorded sale was $145,000 for 1019 Trout Creek, a 2 bedroom, 1 bath home in the Al Tahoe area with 1056 square feet. The highest recorded sale was $750,000 for 2227 Dundee Circle, a bank owned property located in the Angora Highlands neighborhood with 4 bedrooms, 3 baths and 2622 square feet. Again, congrats to Mark Salmon with the Pinnacle Real Estate Group. The median sale price was $387,500 with an average time on market of 81 days (including the escrow period).
Be sure to visit our website at www.HomeInTahoe.com to learn more about the Lake Tahoe real estate market, neighborhood stats and more
South Lake Tahoe Real Estate Market Update, Jan. 22- Jan. 28
This week there were 11 NEW LISTINGS this week, down from last week’s 13. The lowest priced new listing is $199,900 for 790 Anita, a 3 bedroom, 2 bath home with 1440 square feet. The highest is $1,295,000 for 1615 Venice, a 4 bedroom, 3.5 bath home with 3294 square feet. The median price for the new listings is $459,000.
There were 8 new ESCROWS this week, down from last week’s 14. The lowest priced new pending sale is $237,500 for 2768 Saint Nick Way in Christmas Valley. This home has 2 bedrooms, 1 bath and 1196 square feet. The highest priced new pending sale is $544,900 for 315 Uplands in the Heavenly area with 3 bedrooms, 2.5 baths and 2264 square feet. The median price for these pending sales is $302,000 with an average days on market so far of 16.
There were 3 RECORDED SALES this week, down from last week’s 5. The lowest sale was $170,000 for 1414 North Upper Truckee Rd., a 3 bedroom, 1 bath home with 1040 square feet. The highest recorded sale was $318,000 for 610 Roger in the Gardner Mountain neighborhood with 2 bedrooms, 2 baths and 1044 square feet. The median sale price was $275,000. The average time on market for these sales was 154 days (including the escrow period).
Be sure to visit our website at www.HomeInTahoe.com to learn more about the Lake Tahoe real estate market, neighborhood stats and more