South Lake Tahoe Real Estate Market Update, Feb. 4- Feb. 12

snow-ribbon 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. 21- Jan. 27

Biking in Lake TahoeSigns 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.

South Lake Tahoe Real Estate Market Update, Jan. 14- Jan.20

Lake Tahoe Beach TracksThe South Lake Tahoe real estate market showed 15 NEW LISTINGS this past week, considerably down from the previous week’s 23. The lowest priced new listing is $219,000 for 2531 Chris, a 2 bedroom with 1020 square feet. The highest priced new listing is $1,389,000 for 3779 Overlook, a 5 bedroom, 5 bath with 4243 square feet. This is actually not a new listing but has changed brokerages.  This week’s median listing price is $585,000.

There were 12 homes that went into ESCROW this past week, up from the previous week’s 10. The lowest priced new escrow is $272,750 for 1333 Glen Eagles, a 3 bedroom, 1.75 bath with 1195 square feet. The highest priced new escrow is $638,900 for 1971 Toppewetah (a bank-owned property) which is a 4 bedroom, 3 bath with 3361 square feet. The median pending sale price is $414,000 with an average time on market of 63 days.

The number of closed sales this past week was 8, up from the previous week’s 6. The lowest sale price was $67,000 for 1223 Bonanza, a 2 bedroom, 1 bath with 812 square feet.  The highest sale price was $850,000 for 537 Alpine, a 4 bedroom, 2.5 bath with 2538 square feet. The median sale price was $311,000 and the average time on the market (including the escrow period) was 93 days.

South Lake Tahoe Real Estate Market Update, Jan. 7- Jan. 13

Sierra At TahoeWe’re back in action!  The South Lake Tahoe real estate market showed 23 NEW LISTINGS this past week, up from the previous week’s 8. The lowest priced new listing is $165,000 for 2695 Armstrong, a 2 bedroom, 2 bath with 912 square feet. The highest priced new listing is $749,000 for 1566 Ojibwa, a 4 bedroom, 3.5 bath with 3137 square feet. This week’s median listing price is $349,000.

There were 10 homes that went into ESCROW this past week, up from the previous week’s 8. The lowest priced new escrow is $81,000 for 1281 Bonanza #5, a 2 bedroom, 1 bath with 840 square feet. The highest priced new escrow is $899,000 for 2341 Cold Creek, a 4 bedroom, 3.75 bath with 2703 square feet. The median pending sale price is $385,845 with an average time on market of 60 days.

The number of closed sales this past week was 6, down from the previous week’s 9. The lowest sale price was $260,000 for 1815 Apalachee, a 3 bedroom, 2 bath with 1080 square feet.  The highest sale price was $450,000 for 779 Algonquin, a 4 bedroom, 3 bath with 2464 square feet. The median sale price was $376,050 and the average time on the market (including the escrow period) was 207 days.

You can learn more about these neighborhoods by visiting our website.

South Lake Tahoe Real Estate Market Update, Dec. 31- Jan. 7

Truckee River in WinterThe South Lake Tahoe real estate market showed 8 NEW LISTINGS this past week, down from the previous week’s 16. The lowest priced new listing is $179,900 for 1353 Meadow Crest, a 5 bedroom, 2 bath with 1860 square feet. This property is bank-owned. The highest priced new listing is$625,000 for 845 Merced, a 4 bedroom, 2.5 bath with 2417 square feet. This week’s median listing price is $349,000.

There were 8 homes that went into ESCROW this past week, slightly down from the previous week’s 10. The lowest priced new escrow is $164,900 for 1183 Lodi, a 2 bedroom, 1 bath with 864 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 $509,000 with an average time on market of 65 days.

The number of closed sales this past week was 9, up one from the previous week’s 8. The lowest sale price was $150,000 for 3713 Montreal, a 4 bedroom, 1 bath with 1020 square feet ( a bank-owned sale.)  The highest sale price was $525,000 for 1965 Mandan, a 4 bedroom, 3 bath with 3377 square feet. The median sale price was $370,000 and the average time on the market (including the escrow period) was 130 days.

Learn more about the South Lake Tahoe Real Estate Market by visiting our web site and checking out the neighborhoods.

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