Lake Tahoe Weekly Home Sale Report for the Nevada East Shore 2/5/16

February 6, 2016

The data provided in my weekly home sale reports are extracted  from the Northern Nevada Regional Multiple Listing Service .  The data represents Single Family Homes and Condos for the East Shore of Lake Tahoe, Nevada. The purpose of the weekly market reports is to give either the buyer or the seller an ideal of the market trend. As a result you will be able to make better informed decisions! I hope you find it helpful!

The home sales on the Nevada east shore of Lake Tahoe has shown activity in the lower price brackets! This past week there were 4 completed sales for a year-to-date total of 16 sales. There were three townhomes sales on Orion for $189,000, $342,000, $449,000 and another townhome on Rubicon Cr for $460,000. This had decreased the 6 month average sales price by 1.8% to $635,002. The average days on market are 214 days.

The number of Lake Tahoe homes for sale has remained the same as the pending sales had decreased by 2. There are now a total of 131 homes for sale and 25 pending sales. There are currently 1 bank owned foreclosure and 1 short sale available on the market. There has been a demand for townhomes as they are more affordable for buyers.

To find a local Lake Tahoe real estate agent, contact Jim Wire at 530-314-9008 or email to jim@hotwiretotahoe.com. To find South Lake Tahoe homes for sale, go to HotWireToTahoe.com. I have over 14 years of experience and I’ve been a Lake Tahoe resident for over 32 years. As a top real estate agent and long time local, you will benefit from my knowledge and experience of the area. I’m licensed in both California and Nevada.

Lake Tahoe Weekly Home Sale Report for Nevada East Shore 1/29/16

February 6, 2016

The data provided in my weekly home sale reports are extracted  from the Northern Nevada Regional Multiple Listing Service .  The data represents Single Family Homes and Condos for the East Shore of Lake Tahoe, Nevada. The purpose of the weekly market reports is to give either the buyer or the seller an ideal of the market trend. As a result you will be able to make better informed decisions! I hope you find it helpful!

The Lake Tahoe home sales on the Nevada east shore have seen a recent jump in activity! This past week there were 2 completed sales for a Year-To-Date total of 12 sales. The sales were on Andria Dr for $390,000 and Elks Pt Rd for $670,000. This had decreased the 6 month average sales price by 4.6% to $646,536. The average days on market are 204 days.

This past week the number of Lake Tahoe homes for sale on the Nevada east shore had decreased by 5 for a total of 131 homes. The pending sales had increased by 4 for a total of 27 homes that are in escrow.

To find a local Lake Tahoe real estate agent, contact Jim Wire at 530-314-9008 or email to jim@hotwiretotahoe.com. To find South Lake Tahoe homes for sale, go to HotWireToTahoe.com. I have over 14 years of experience and I’ve been a Lake Tahoe resident for over 32 years. As a top real estate agent and long time local, you will benefit from my knowledge and experience of the area. I’m licensed in both California and Nevada.

 

Weekly South Lake Tahoe Home Sale Report for 2/4/16

February 4, 2016

,s of July 29th, 2009, I began adding Condos to the market statistics. What you are looking at below are charts and numbers derived from the South Tahoe Association Of Realtors Multiple Listing Service for Single Family Homes and Condos. The reason that I use this segment of the market is that it has the most influence on the general market value trend.

The South Lake Tahoe home sale market has not lost any steam! With low interest rates and a volatile stock market, there are few places to park cash. When compared to the neighboring, hot market in the Bay Area, Tahoe looks like a great value! There were 13 completed sales this past week for a year-to-date total of 47 sales. The lowest sale was on Choctaw St for $120,000. Most of the sales did occur below $388,000 but there was still a healthy number of higher priced sales. The top three sales were on Koyukon Dr for $570,500, West Way for $690,000 and Venice Dr for $825,000. The average days on market are 117 days.

The number of South Lake Tahoe homes for sale had decreased by 2 as the pending sales decreased by 1. Inventory remains low which is typical for this time of year but the buyer demand remains strong. Over 34% of the inventory are pending sales in escrow. There are currently 2 bank owned foreclosures and 1 short sale available on the market.

To find a local South Lake Tahoe real estate agent, contact Jim Wire at 530-314-9008 or email to jim@hotwiretotahoe.com. To find South Lake Tahoe homes for sale, go to HotWireToTahoe.com. I have over 14 years of experience and I’ve been a Lake Tahoe resident for over 32 years. As a top real estate agent and long time local, you will benefit from my knowledge and experience of the area. I’m licensed in both California and Nevada.

Listings per Status

Area Market Survey
Summary

Listings as of 02/04/16 at 7:30pm
Active
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 2 268
$120,000 thru $139,999 4 164
$140,000 thru $159,999 3 148
$160,000 thru $179,999 4 170
$180,000 thru $199,999 7 197
$200,000 thru $249,999 3 65
$250,000 thru $299,999 5 117
$300,000 thru $349,999 18 198
$350,000 thru $399,999 13 132
$400,000 thru $449,999 16 108
$450,000 thru $499,999 7 172
$500,000 thru $549,999 5 166
$550,000 thru $599,999 8 122
$600,000 thru $649,999 8 177
$650,000 thru $699,999 12 92
$700,000 thru $749,999 3 35
$750,000 thru $799,999 6 220
$800,000 thru $849,999 4 125
$850,000 thru $899,999 6 166
$950,000 thru $999,999 6 278
$1,000,000 thru $1,249,999 9 195
$1,250,000 thru $1,499,999 10 270
$1,500,000 thru $1,749,999 4 168
$1,750,000 thru $1,999,999 5 185
$2,500,000 thru $2,749,999 1 220
$2,750,000 thru $2,999,999 1 587
170 167
Summary Price Information
Minimum $115,900 Maximum $2,895,000
Average $667,998 Median $542,000
Pending
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 1 23
$120,000 thru $139,999 1 173
$140,000 thru $159,999 3 78
$160,000 thru $179,999 2 208
$180,000 thru $199,999 1 129
$200,000 thru $249,999 6 63
$250,000 thru $299,999 12 146
$300,000 thru $349,999 15 161
$350,000 thru $399,999 10 69
$400,000 thru $449,999 4 187
$450,000 thru $499,999 7 231
$500,000 thru $549,999 9 147
$550,000 thru $599,999 6 128
$600,000 thru $649,999 1 52
$650,000 thru $699,999 2 163
$700,000 thru $749,999 2 455
$750,000 thru $799,999 3 143
$850,000 thru $899,999 1 33
$900,000 thru $949,999 1 211
$1,250,000 thru $1,499,999 1 417
$8,000,000 thru $8,999,999 1 516
89 152
Summary Price Information
Minimum $105,000 Maximum $8,995,000
Average $519,700 Median $375,000
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market
Copyright ©2016 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

Area Market Survey
Summary

Listings as of 02/04/16 at 7:30pm
Sold
Selling Price Range Quantity Average DOM
$100,000 thru $119,999 1 41
$120,000 thru $139,999 3 96
$140,000 thru $159,999 3 41
$160,000 thru $179,999 5 148
$180,000 thru $199,999 11 178
$200,000 thru $249,999 27 140
$250,000 thru $299,999 67 100
$300,000 thru $349,999 60 111
$350,000 thru $399,999 56 100
$400,000 thru $449,999 37 114
$450,000 thru $499,999 19 144
$500,000 thru $549,999 27 140
$550,000 thru $599,999 17 131
$600,000 thru $649,999 8 103
$650,000 thru $699,999 14 111
$700,000 thru $749,999 2 100
$750,000 thru $799,999 4 107
$800,000 thru $849,999 6 189
$850,000 thru $899,999 4 66
$900,000 thru $949,999 2 116
$950,000 thru $999,999 1 122
$1,000,000 thru $1,249,999 5 170
$1,250,000 thru $1,499,999 2 89
$1,750,000 thru $1,999,999 1 49
$2,000,000 thru $2,249,999 1 139
$3,500,000 thru $3,749,999 1 134
$3,750,000 thru $3,999,999 1 23
385 117
Summary Price Information
Minimum $101,550 Maximum $3,950,000
Average $436,657 Median $360,122
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market
Copyright ©2016 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

South Lake Tahoe Weekly Home Sale Report for 1/28/16

January 28, 2016

As of July 29th, 2009, I began adding Condos to the market statistics. What you are looking at below are charts and numbers derived from the South Tahoe Association Of Realtors Multiple Listing Service for Single Family Homes and Condos. The reason that I use this segment of the market is that it has the most influence on the general market value trend.

The South Lake Tahoe home sales continues its robust pace as the inventory remains the lowest in 2 years! There were 13 completed sales for a year-to-date total of 34 sales. The lowest sale was on Tata Ln for $350,000. The majority of the sales were above $385,000 which is a first for several years. The top three sales were on Mount Diablo Cr for $655,000, Columbine Tr for $695,000 and Tahoe Island Dr for $750,000. This had increased the 6 month average sales price by 1.8% to $432,776. The average days on market are 116 days.

The number of South Lake Tahoe homes for sale is down by one for a total of 172 homes. The pending sales were up by 1 for a total of 90 sales. This equates to 34.4% of the home inventory are now pending sales. There are now 1 bank owned foreclosure and 1 short sales on the market.

To find a local South Lake Tahoe real estate agent, contact Jim Wire at 530-314-9008 or email to jim@hotwiretotahoe.com. To find South Lake Tahoe homes for sale, go to HotWireToTahoe.com. I have over 14 years of experience and I’ve been a Lake Tahoe resident for over 32 years. As a top real estate agent and long time local, you will benefit from my knowledge and experience of the area. I’m licensed in both California and Nevada.

Listings per Status

 

Area Market Survey
Summary

Listings as of 01/28/16 at 3:29pm
Active
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 2 261
$120,000 thru $139,999 3 147
$140,000 thru $159,999 3 204
$160,000 thru $179,999 4 163
$180,000 thru $199,999 6 222
$200,000 thru $249,999 4 44
$250,000 thru $299,999 7 98
$300,000 thru $349,999 22 180
$350,000 thru $399,999 16 108
$400,000 thru $449,999 14 109
$450,000 thru $499,999 7 165
$500,000 thru $549,999 4 200
$550,000 thru $599,999 7 126
$600,000 thru $649,999 9 155
$650,000 thru $699,999 11 93
$700,000 thru $749,999 2 42
$750,000 thru $799,999 5 256
$800,000 thru $849,999 4 118
$850,000 thru $899,999 5 191
$950,000 thru $999,999 6 271
$1,000,000 thru $1,249,999 9 188
$1,250,000 thru $1,499,999 11 276
$1,500,000 thru $1,749,999 4 161
$1,750,000 thru $1,999,999 5 178
$2,500,000 thru $2,749,999 1 213
$2,750,000 thru $2,999,999 1 580
172 165
Summary Price Information
Minimum $115,900 Maximum $2,895,000
Average $658,330 Median $464,975
Pending
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 1 16
$120,000 thru $139,999 2 131
$140,000 thru $159,999 3 71
$160,000 thru $179,999 2 201
$180,000 thru $199,999 2 188
$200,000 thru $249,999 6 102
$250,000 thru $299,999 10 139
$300,000 thru $349,999 13 169
$350,000 thru $399,999 10 99
$400,000 thru $449,999 5 164
$450,000 thru $499,999 7 224
$500,000 thru $549,999 10 135
$550,000 thru $599,999 7 120
$600,000 thru $649,999 1 45
$650,000 thru $699,999 2 156
$700,000 thru $749,999 2 448
$750,000 thru $799,999 3 136
$850,000 thru $899,999 2 179
$900,000 thru $949,999 1 204
$8,000,000 thru $8,999,999 1 509
90 153
Summary Price Information
Minimum $105,000 Maximum $8,995,000
Average $516,510 Median $393,000
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market
Copyright ©2016 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

Area Market Survey
Summary

Listings as of 01/28/16 at 3:29pm
Sold
Selling Price Range Quantity Average DOM
$100,000 thru $119,999 1 41
$120,000 thru $139,999 2 94
$140,000 thru $159,999 4 74
$160,000 thru $179,999 4 121
$180,000 thru $199,999 13 172
$200,000 thru $249,999 28 139
$250,000 thru $299,999 69 102
$300,000 thru $349,999 66 108
$350,000 thru $399,999 53 98
$400,000 thru $449,999 39 115
$450,000 thru $499,999 20 140
$500,000 thru $549,999 26 141
$550,000 thru $599,999 19 120
$600,000 thru $649,999 9 125
$650,000 thru $699,999 13 122
$700,000 thru $749,999 2 100
$750,000 thru $799,999 4 107
$800,000 thru $849,999 5 161
$850,000 thru $899,999 4 66
$900,000 thru $949,999 2 116
$950,000 thru $999,999 1 122
$1,000,000 thru $1,249,999 5 170
$1,250,000 thru $1,499,999 2 89
$1,750,000 thru $1,999,999 1 49
$2,000,000 thru $2,249,999 1 139
$3,500,000 thru $3,749,999 1 134
$3,750,000 thru $3,999,999 1 23
395 116
Summary Price Information
Minimum $101,550 Maximum $3,950,000
Average $432,776 Median $359,000
Equal Opportunity Housing * All information deemed reliable, but not guaranteed.
Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market
Copyright ©2016 Rapattoni Corporation. All rights reserved.

Weekly Lake Tahoe Home Sale Report for the Nevada East Shore 1/22/16

January 24, 2016

As of July 29th, 2009, I began adding Condos to the market statistics. What you are looking at below are charts and numbers derived from the South Tahoe Association Of Realtors Multiple Listing Service for Single Family Homes and Condos. The reason that I use this segment of the market is that it has the most influence on the general market value trend.

With the extreme shortage of homes for sale under $400,000, the home sale market on the Nevada east shore of Lake Tahoe, is not able to attract buyers that the south shore is enjoying! This past week there were 3 sales. The sales were on Pine Ridge for $469,000, Rubicon Cir for $313,000, and Lookout for $1,350,000. With these sales, the 6 month average sales price did increase by .6% to $677,676. The average days on market are 212 days.

The number of Lake Tahoe homes for sale on the Nevada east shore has not change this past week with a total of 136 homes. The pending sales did decrease by 1 for a total of 23. There are now 2 short sales and no bank owned foreclosures available on the market.

To find a local Lake Tahoe real estate agent, contact Jim Wire at 530-314-9008 or email to jim@hotwiretotahoe.com. To find South Lake Tahoe homes for sale, go to HotWireToTahoe.com. I have over 14 years of experience and I’ve been a Lake Tahoe resident for over 32 years. As a top real estate agent and long time local, you will benefit from my knowledge and experience of the area. I’m licensed in both California and Nevada.

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