South Lake Tahoe County Neighborhoods Report | 2021 | 2022 |
---|---|---|
Number of Sales | 289 | 229 |
Median Sale Price | $750,000 | $779,000 |
Average Sale Price | $825,849 | $861,714 |
Average List to Sale Ratio & Median List to Sale Ratio | 103%, 98.7% | 98.7%, 97.6% |
Median Dollar Per Square Foot | $446 | $470 |
Days on the Market | 48 | 59 |
Month Supply | 1.4 | 2.2 |
This end of the year report compares real estate market statistics for the county neighborhoods in South Lake Tahoe which includes Black Bart, Christmas Valley, Country Club Estates, Echo View Estates, Meyers, Montgomery Estates, North Upper Truckee, Pioneer Trail and Tahoe Paradise. When looking at the number of sales in these neighborhoods, we see that they went down from 289 in 2021 to 229 in 2022. The median and average sales price stayed similar in both years with the AVERAGE sale price being $825,849 in 2021 and $861,714 in 2022. The MEDIAN sale price in 2021 was $750,000 and this went up slightly to $779,000 in 2022. The median dollar per square foot for homes that sold was $446 in 2021 and went up to $470 in 2022. The median and average list to sale price ratios both went down in 2022 from the previous year. As for the days on the market (which includes the escrow period), this number went up from 48 in 2021 to 59 the next year.
This graph shows the increase in sales price over the past few year for all neighborhoods in South Lake Tahoe: