South Lake Tahoe Real Estate Market Update, Oct. 1- Oct. 7
[SinglePic not found]Lots of surprises this week, starting with a surprise winter storm in Lake Tahoe (hint of some fun times ahead.) Next, the South Lake Tahoe real estate market activity continues to show signs of a steady albeit slow recovery. Last week showed 8 NEW LISTINGS, down from the previous week’s 14. The lowest priced new listing is $249,000 for 1033 Cheyenne, a 3 bedroom, 2 bath with 1124 square feet. The highest priced new listing is $1,295,000 for 1790 Meadow Vale, a 6 bedroom, 4 bath with 3200 square feet. This week’s median listing price is $455,000.There were 14 homes that went into ESCROW this week, one less than last week’s 15. The lowest priced new escrow is $112,900 for 3740 Larch, a 1 bedroom, 1 bath with 468 square feet. The highest priced new escrow is $3,275,000 for 3819 Beach Rd., a 4 bedroom, 2 bath with 2286 square feet. The median pending sale price is $309,500 with and average time on market of 107 days.
This week showed 13 homes recorded as SOLD, up from last week’s 8. The lowest sale price was $130,000 for 1176 Margaret, a 4 bedroom, 3 bath with 2184 square feet. The highest sale price was $1,250,000 for 596 Lucerne, a 4 bedroom, 4 bath with 5313 square feet. The average time on the market (including the escrow period) was 115 days. The median sale price was $275,000.
South Lake Tahoe Real Estate Market Update, Sept. 24- Sept. 30
The South Lake Tahoe real estate market activity last week revealed 14 NEW LISTINGS, up from the previous week’s 10. The lowest priced new listing is $165,000 for 2645 Chris, a 2 bedroom home with 748 square feet. The highest priced new listing is $499,500 for 1683 Chippewa, a 3 bedroom, 2 bath with 1477 square feet. This week’s median listing price is $388,900.
There were 15 homes that went into ESCROW this week, down from last week’s 17. The lowest priced new escrow is $105,000 for 1223 Bonanza, a 2 bedroom, 1 bath with 985 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 $422,755 with and average time on market of 108 days.
This week showed 8 homes recorded as SOLD, down from last week’s 14. The lowest sale price was $195,000 for 2620 Fountain, a 3 bedroom, 2.5 bath with 1848 square feet. The highest sale price was $560,000 for 1464 Sterling Ct., a 4 bedroom, 2.5 bath with 2216 square feet. The average time on the market (including the escrow period) was 110 days. The median sale price was $393,750.
South Lake Tahoe Real Estate Market Update, Sept. 17- Sept. 23
[SinglePic not found]This week there were only 10 NEW LISTINGS, down from last week’s 23. The lowest priced new listing is $199,000 for 1243 Stockton, a 3 bedroom with 1366 square feet. The highest priced new listing is $695,000 for 439 Ala Wai #142, a 3 bedroom, 3 bath Tahoe Keys condo with 1462 square feet. This week’s median listing price is $378,738.There were 17 homes that went into ESCROW this week, up from last week’s 10. The lowest priced new escrow is $150,000 for 2943 Oakland. The highest priced new escrow is $788,888 for 2546 Cold Creek, a 6 bedroom, 5 bath with 3522 square feet. The median pending sale price is $349,000 with and average time on market of 42 days.
This week showed 13 homes recorded as SOLD, up from last week’s 10. The lowest sale price was $120,000 for 3404 Freel, a 1 bedroom, 1 bath with 716 square feet. The highest sale price was $580,000 for 2280 Sutter, a 4 bedroom, 2.5 bath with 2594 square feet. The average time on the market (including the escrow period) was 91 days. The median sale price was $247,000.
South Lake Tahoe Real Estate Market Update, Sept. 10- Sept. 16
This week there were 23 NEW LISTINGS, up from last week’s 14. The lowest priced new listing is $139,900 for 3344 Sandy Way #26, a 2 bedroom, 1 bath condo with 812 square feet. The highest priced new listing is $4,525,000 for 221 Beach Dr., a 4 bedroom, 4.5 bath with 3904 square feet. This week’s median listing price is $329,000.
There were 10 homes that went into ESCROW this week, down from last week’s 18. The lowest priced new escrow is $129,900 for 1176 Margaret, a 4 bedroom, 3 bath with 2184 square feet. The highest priced new escrow is $725,000 for 1972 Garmish, a 4 bedroom, 2.5 bath with 2027 square feet. The median pending sale price is $317,000 with and average time on market of 95 days.
This week showed 10 homes recorded as SOLD, down from last week’s 11. The lowest sale price was $225,000 for 909 San Jose, a 3 bedroom, 1.5 bath with 896 square feet. The highest sale price was $700,000 for 2070 Traverse, a 3 bedroom, 2.5 bath with 2130 square feet. The median sale price was $296,875 with an average time on market of 131 days.
South Lake Tahoe Real Estate Market Update, Sept. 3-Sept. 9
This week there were 14 NEW LISTINGS, down from last week’s 18. The lowest priced new listing is $129,900 for 1176 Margaret, 1 4 bedroom, 3 bath with 2184 square feet. The highest priced new listing is $3,995,000 for 14 Lighthouse Shores, a 4 bedroom, 4.5 bath with 3793 square feet. This week’s median listing price is $298,750.
There were 18 homes that went into ESCROW this week, still strong yet down from last week’s 20. The lowest priced new escrow is $131,623 for 1233 Bonanza #9, a 2 bedroom, 2 bath condo with 985 square feet. The highest priced new escrow is $749,000 for 1712 Meadow Vale, a 6 bedroom, 3.5 bath with 4083 square feet. This sale is pending bank approval for a short sale. The median pending sale price is $293,500 with and average time on market of 98 days.
This week showed 11 homes recorded as SOLD, up from last week’s 9. The lowest sale price was $250,000 for 473 Lake Tahoe Blvd. (congratulations to the Souers team) The highest sale price was $901,000 for 1756 Gentian Circle, a 5 bedroom, 4 bath with 3111 square feet (congratulations to Mark Salmon from the Pinnacle Real Estate Group). The median sale price was $340,000 with an average time on market of 133 days.