Weekly South Lake Tahoe Home Sale Report for 5/14/17

May 20, 2017

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 sale market is officially thawed out and the home inventory is springing to life! There were 15 completed sales this past week for a year to date total of 212 homes sold. This is still 7.8% down from last year! The lowest priced home was on Ruby Way for $375,000. Half of the sales did occur over $500,000. The top three sales were on Skyline Dr for $733,000, Eloise Ave for $825,000 and Marconi Way for $1,095,000. This had increase the 6 month average sales price by 1.3% to $502,498. The average days on market are 127 days.

The number of South Lake Tahoe homes for sale had increased by a whopping 24 homes this past week. The inventory of available homes for sale is still down by 13.6% from last year! The number of pending sales had increased this past week by 2 for a total of 83. This is down from last year by 25.2%. There are no bank owned foreclosures and only 2 short sales currently 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 05/14/17 at 6:18pm
Active
Listing Price Range Quantity Average DOM
$140,000 thru $159,999 2 375
$250,000 thru $299,999 7 35
$300,000 thru $349,999 16 64
$350,000 thru $399,999 19 54
$400,000 thru $449,999 23 38
$450,000 thru $499,999 12 29
$500,000 thru $549,999 6 48
$550,000 thru $599,999 8 56
$600,000 thru $649,999 7 68
$650,000 thru $699,999 3 8
$700,000 thru $749,999 9 123
$750,000 thru $799,999 8 77
$800,000 thru $849,999 1 107
$850,000 thru $899,999 4 260
$900,000 thru $949,999 1 159
$950,000 thru $999,999 6 307
$1,000,000 thru $1,249,999 11 204
$1,250,000 thru $1,499,999 11 163
$1,500,000 thru $1,749,999 5 194
$1,750,000 thru $1,999,999 4 102
$2,000,000 thru $2,249,999 2 336
$2,250,000 thru $2,499,999 1 10
$2,500,000 thru $2,749,999 2 348
$2,750,000 thru $2,999,999 1 9
$3,750,000 thru $3,999,999 2 222
$6,000,000 thru $6,999,999 1 234
  172 104
 
Summary Price Information
Minimum $154,900 Maximum $6,800,000
Average $823,182 Median $577,000
Pending
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 134
$200,000 thru $249,999 4 57
$250,000 thru $299,999 5 85
$300,000 thru $349,999 12 72
$350,000 thru $399,999 6 34
$400,000 thru $449,999 7 46
$450,000 thru $499,999 6 21
$500,000 thru $549,999 10 82
$550,000 thru $599,999 8 96
$600,000 thru $649,999 2 177
$650,000 thru $699,999 5 189
$700,000 thru $749,999 3 308
$750,000 thru $799,999 2 39
$800,000 thru $849,999 3 68
$850,000 thru $899,999 3 130
$950,000 thru $999,999 2 127
$1,000,000 thru $1,249,999 1 810
$1,250,000 thru $1,499,999 2 198
$2,250,000 thru $2,499,999 1 230
  83 102
 
Summary Price Information
Minimum $129,000 Maximum $2,350,000
Average $559,823 Median $500,000
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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045
 

Area Market Survey
Summary

Listings as of 05/14/17 at 6:18pm
Sold
Selling Price Range Quantity Average DOM
$100,000 thru $119,999 1 285
$120,000 thru $139,999 2 259
$160,000 thru $179,999 1 114
$180,000 thru $199,999 1 95
$200,000 thru $249,999 16 73
$250,000 thru $299,999 31 114
$300,000 thru $349,999 45 165
$350,000 thru $399,999 46 120
$400,000 thru $449,999 34 151
$450,000 thru $499,999 29 114
$500,000 thru $549,999 21 106
$550,000 thru $599,999 14 96
$600,000 thru $649,999 15 97
$650,000 thru $699,999 14 133
$700,000 thru $749,999 13 100
$750,000 thru $799,999 7 86
$800,000 thru $849,999 5 156
$850,000 thru $899,999 3 120
$900,000 thru $949,999 4 135
$950,000 thru $999,999 1 47
$1,000,000 thru $1,249,999 5 137
$1,250,000 thru $1,499,999 3 192
$1,500,000 thru $1,749,999 2 142
$1,750,000 thru $1,999,999 3 392
$2,000,000 thru $2,249,999 1 79
$2,750,000 thru $2,999,999 1 0
  318 127
 
Summary Price Information
Minimum $106,700 Maximum $2,800,000
Average $502,498 Median $422,000
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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

Weekly South Lake Tahoe Home Sale Report for 5/6/17

May 6, 2017

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 sale market is favoring the sellers as the buyers compete for homes! There were 5 completed sales this past week for a year to date total of 197 sales. This is 8.4% below last year! The lowest sales was on Fresno Ave for $350,000. The top 3 sales were on Crystal Air Dr for $455,000, Wasabe Dr for $510,000 and Venice Dr for $715,000. This had decreased the 6 month average sales price by .6% to $496,026. The average days on market are 126.

The number of South Lake Tahoe homes for sale had increased by 14 this past week for a total of 148. This is down from last year by 21.3%. The number of pending sales had increased by 4 for a total of 81. This is down by 25.7% from last year! There are currently 2 short sales available on the market and no bank owned foreclosures.

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 05/06/17 at 9:58am
Active
Listing Price Range Quantity Average DOM
$140,000 thru $159,999 2 367
$250,000 thru $299,999 5 54
$300,000 thru $349,999 13 99
$350,000 thru $399,999 18 49
$400,000 thru $449,999 16 62
$450,000 thru $499,999 9 27
$500,000 thru $549,999 6 30
$550,000 thru $599,999 12 42
$600,000 thru $649,999 6 73
$650,000 thru $699,999 1 7
$700,000 thru $749,999 8 130
$750,000 thru $799,999 6 68
$800,000 thru $849,999 1 99
$850,000 thru $899,999 3 338
$900,000 thru $949,999 1 151
$950,000 thru $999,999 6 299
$1,000,000 thru $1,249,999 9 239
$1,250,000 thru $1,499,999 11 155
$1,500,000 thru $1,749,999 5 186
$1,750,000 thru $1,999,999 1 15
$2,000,000 thru $2,249,999 2 328
$2,250,000 thru $2,499,999 1 2
$2,500,000 thru $2,749,999 2 340
$2,750,000 thru $2,999,999 1 1
$3,750,000 thru $3,999,999 2 214
$6,000,000 thru $6,999,999 1 226
  148 114
 
Summary Price Information
Minimum $154,900 Maximum $6,800,000
Average $841,041 Median $584,000
Pending
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 126
$200,000 thru $249,999 4 49
$250,000 thru $299,999 3 105
$300,000 thru $349,999 7 56
$350,000 thru $399,999 6 52
$400,000 thru $449,999 8 51
$450,000 thru $499,999 7 47
$500,000 thru $549,999 9 80
$550,000 thru $599,999 7 109
$600,000 thru $649,999 1 328
$650,000 thru $699,999 6 179
$700,000 thru $749,999 6 179
$750,000 thru $799,999 2 31
$800,000 thru $849,999 3 60
$850,000 thru $899,999 4 174
$950,000 thru $999,999 2 119
$1,000,000 thru $1,249,999 2 416
$1,250,000 thru $1,499,999 2 190
$2,250,000 thru $2,499,999 1 222
  81 107
 
Summary Price Information
Minimum $129,000 Maximum $2,350,000
Average $597,683 Median $525,000
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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045
 

Area Market Survey
Summary

Listings as of 05/06/17 at 9:58am
Sold
Selling Price Range Quantity Average DOM
$120,000 thru $139,999 1 40
$200,000 thru $249,999 10 63
$250,000 thru $299,999 10 132
$300,000 thru $349,999 25 162
$350,000 thru $399,999 19 145
$400,000 thru $449,999 17 154
$450,000 thru $499,999 13 123
$500,000 thru $549,999 5 92
$550,000 thru $599,999 8 98
$600,000 thru $649,999 5 61
$650,000 thru $699,999 7 162
$700,000 thru $749,999 6 51
$750,000 thru $799,999 2 62
$800,000 thru $849,999 2 71
$850,000 thru $899,999 1 0
$900,000 thru $949,999 2 51
$1,000,000 thru $1,249,999 3 169
$1,250,000 thru $1,499,999 2 157
$1,500,000 thru $1,749,999 1 208
$1,750,000 thru $1,999,999 2 316
  141 128
 
Summary Price Information
Minimum $127,000 Maximum $1,750,550
Average $496,026 Median $410,000
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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

Weekly South Lake Tahoe Home Sale Report for 4/30/17

April 30, 2017

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 sale market is slowly picking up steam as more sellers trickle on the market! This past week there were 11 completed sales for a year to date total of 192 sales. This is down from last year by 4.5%! The lowest sale was on Dedi Ave for $289,000. The majority of sales were below $500,000. The top three sales were on Ibache St for $750,000, Kokanee Way for $1,160,000 and Venice Dr for $1,282,000. The 6 month average sales price had decreased by .8% to $498,886. The average days on market are 128.

The number of South Lake Tahoe homes for sale had increased by 1 this past week for a total of 134. This is down from last year by 21.6%. The pending sales are up 3 for a total of 77. This is down by 31.9% from last year! There are now 2 short sales available on the market but no bank owned foreclosures. 

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 04/30/17 at 9:13am
Active
Listing Price Range Quantity Average DOM
$140,000 thru $159,999 2 361
$200,000 thru $249,999 1 3
$250,000 thru $299,999 4 62
$300,000 thru $349,999 11 90
$350,000 thru $399,999 17 56
$400,000 thru $449,999 13 64
$450,000 thru $499,999 9 46
$500,000 thru $549,999 6 18
$550,000 thru $599,999 10 47
$600,000 thru $649,999 4 103
$650,000 thru $699,999 1 100
$700,000 thru $749,999 6 174
$750,000 thru $799,999 9 77
$800,000 thru $849,999 2 56
$850,000 thru $899,999 1 1004
$900,000 thru $949,999 1 145
$950,000 thru $999,999 6 263
$1,000,000 thru $1,249,999 9 233
$1,250,000 thru $1,499,999 10 165
$1,500,000 thru $1,749,999 5 180
$1,750,000 thru $1,999,999 1 9
$2,000,000 thru $2,249,999 2 322
$2,500,000 thru $2,749,999 1 669
$3,750,000 thru $3,999,999 2 208
$6,000,000 thru $6,999,999 1 220
  134 123
 
Summary Price Information
Minimum $154,900 Maximum $6,800,000
Average $823,175 Median $589,000
Pending
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 120
$200,000 thru $249,999 3 56
$250,000 thru $299,999 3 99
$300,000 thru $349,999 7 81
$350,000 thru $399,999 6 57
$400,000 thru $449,999 9 74
$450,000 thru $499,999 6 53
$500,000 thru $549,999 9 76
$550,000 thru $599,999 7 103
$600,000 thru $649,999 1 322
$650,000 thru $699,999 5 187
$700,000 thru $749,999 6 150
$800,000 thru $849,999 2 73
$850,000 thru $899,999 4 168
$950,000 thru $999,999 2 204
$1,000,000 thru $1,249,999 3 527
$1,250,000 thru $1,499,999 2 184
$2,250,000 thru $2,499,999 1 216
  77 123
 
Summary Price Information
Minimum $129,000 Maximum $2,350,000
Average $599,970 Median $519,900
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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045
 

Area Market Survey
Summary

Listings as of 04/30/17 at 9:13am
Sold
Selling Price Range Quantity Average DOM
$100,000 thru $119,999 1 285
$120,000 thru $139,999 2 259
$160,000 thru $179,999 1 114
$180,000 thru $199,999 1 95
$200,000 thru $249,999 18 76
$250,000 thru $299,999 33 111
$300,000 thru $349,999 47 162
$350,000 thru $399,999 43 125
$400,000 thru $449,999 34 138
$450,000 thru $499,999 31 125
$500,000 thru $549,999 22 110
$550,000 thru $599,999 15 92
$600,000 thru $649,999 15 94
$650,000 thru $699,999 17 132
$700,000 thru $749,999 11 115
$750,000 thru $799,999 7 86
$800,000 thru $849,999 5 114
$850,000 thru $899,999 2 160
$900,000 thru $949,999 4 135
$950,000 thru $999,999 1 47
$1,000,000 thru $1,249,999 5 222
$1,250,000 thru $1,499,999 3 192
$1,500,000 thru $1,749,999 2 142
$1,750,000 thru $1,999,999 3 392
$2,000,000 thru $2,249,999 1 79
$2,750,000 thru $2,999,999 1 0
  325 128
 
Summary Price Information
Minimum $106,700 Maximum $2,800,000
Average $498,886 Median $424,000
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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

Weekly Lake Tahoe Home Sale Report for the Nevada East Shore 4/24/17

April 24, 2017

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 showed an early spurt this year but the record winter snow fall may have chilled it! This past two weeks there were 8 completed sales for a year to date total of 52 sales. This is 4% higher than last year! The lowest sale was on a condo on Quaking Aspen for $295,000. The top three sales were on Lincoln Park for $1,350,000, Slaughter House Creek Rd for $2,700,000 and Lakeview Ave for $4,650,000. Despite the higher sales, the 6 month average sales price did decrease by 3.4% to $925,411. The average days on market are 223.

The number of Lake Tahoe homes for sale did decrease by 1 for a total of 103. This is lower than last year by 22.9%! The pending sales were up by 3 for a total of 27. This is lower than last year by 22.9%! The sales have been slowing with the lack of lower priced homes and condos on the market. There is now 1 bank owned foreclosure that is currently available on the market but no short sales.

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 4/23/17

April 23, 2017

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 are holding steady as buyers wait for more homes to emerge from the snow! This past week there were 18 completed sales for a year to date total of 181 homes. This is down from last year by 4.7%! The lowest sale was a condo on Bonanza Ave for $127,000. The majority of sales occurred below$400,000. The top three sales were on Jacarillo Tr for $675,000, Kokanee Way for 1,160,000 and Morro Dr for $1,303,000.  This helped to increase the average sales price by .8% to $502,916. The average days on market are 131. 

The number of South Lake Tahoe homes for sale had increased by 3 this past week for a total of 133. This is down from last year by 24%. The number of pending sales is down by 5 for a total of 74. This is down by 26.7% from last year. There is now 1 short sale that is currently on the market but no bank owned foreclosures. Inventory is still extremely low. Most homeowners have delayed putting their homes on the market due to snow!

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 04/23/17 at 8:58am
Active
Listing Price Range Quantity Average DOM
$140,000 thru $159,999 2 354
$200,000 thru $249,999 1 95
$250,000 thru $299,999 4 41
$300,000 thru $349,999 11 119
$350,000 thru $399,999 16 67
$400,000 thru $449,999 14 55
$450,000 thru $499,999 8 43
$500,000 thru $549,999 9 11
$550,000 thru $599,999 9 59
$600,000 thru $649,999 3 141
$650,000 thru $699,999 2 64
$700,000 thru $749,999 6 167
$750,000 thru $799,999 7 90
$800,000 thru $849,999 2 49
$850,000 thru $899,999 1 997
$900,000 thru $949,999 1 138
$950,000 thru $999,999 6 310
$1,000,000 thru $1,249,999 10 205
$1,250,000 thru $1,499,999 9 176
$1,500,000 thru $1,749,999 5 173
$1,750,000 thru $1,999,999 1 2
$2,000,000 thru $2,249,999 2 315
$2,500,000 thru $2,749,999 1 662
$3,750,000 thru $3,999,999 2 201
$6,000,000 thru $6,999,999 1 213
  133 126
 
Summary Price Information
Minimum $154,900 Maximum $6,800,000
Average $819,369 Median $585,000
Pending
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 113
$200,000 thru $249,999 2 27
$250,000 thru $299,999 2 134
$300,000 thru $349,999 7 28
$350,000 thru $399,999 8 80
$400,000 thru $449,999 9 106
$450,000 thru $499,999 6 74
$500,000 thru $549,999 6 98
$550,000 thru $599,999 6 92
$600,000 thru $649,999 1 315
$650,000 thru $699,999 6 157
$700,000 thru $749,999 6 143
$750,000 thru $799,999 1 37
$800,000 thru $849,999 1 135
$850,000 thru $899,999 4 161
$950,000 thru $999,999 1 55
$1,000,000 thru $1,249,999 3 520
$1,250,000 thru $1,499,999 3 161
$2,250,000 thru $2,499,999 1 209
  74 122
 
Summary Price Information
Minimum $129,000 Maximum $2,350,000
Average $612,563 Median $509,950
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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045
 

Area Market Survey
Summary

Listings as of 04/23/17 at 8:58am
Sold
Selling Price Range Quantity Average DOM
$100,000 thru $119,999 2 501
$120,000 thru $139,999 2 259
$160,000 thru $179,999 1 114
$180,000 thru $199,999 2 187
$200,000 thru $249,999 19 78
$250,000 thru $299,999 34 111
$300,000 thru $349,999 46 165
$350,000 thru $399,999 45 120
$400,000 thru $449,999 34 133
$450,000 thru $499,999 29 127
$500,000 thru $549,999 22 110
$550,000 thru $599,999 15 94
$600,000 thru $649,999 15 94
$650,000 thru $699,999 18 145
$700,000 thru $749,999 12 118
$750,000 thru $799,999 7 99
$800,000 thru $849,999 5 114
$850,000 thru $899,999 2 160
$900,000 thru $949,999 4 135
$950,000 thru $999,999 1 47
$1,000,000 thru $1,249,999 6 196
$1,250,000 thru $1,499,999 3 272
$1,500,000 thru $1,749,999 2 142
$1,750,000 thru $1,999,999 3 392
$2,000,000 thru $2,249,999 2 118
$2,750,000 thru $2,999,999 1 0
  332 131
 
Summary Price Information
Minimum $106,700 Maximum $2,800,000
Average $502,916 Median $416,850
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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

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