Weekly South Lake Tahoe Home Sale Report for 11/18/16

November 26, 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 sale market is still blazing along in the slower season! There were 17 completed sales this past week for a year-to-date total of 700. This is up by 10% from last year! The lowest sale was on Choctaw St for $190,100. The majority of the sales were below $500,000. The top three sales were on Cayuga St for $715,000, Venice Dr for $772,500 and Crystal Ct for $937,500. The 6 month average sales price did slightly decrease to $475,391. The average days on market are 101 days.

The number of South Lake Tahoe homes for sale did decrease by 19 this past week for a total of 177. This is down by 25.9% from last year! The number of pending sales is up by 4 for a total 114 escrows. The buyers are trying to stay ahead of the rising interest rates! There are currently no bank owned foreclosures and 2 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 11/18/16 at 4:23pm
Active
Listing Price Range Quantity Average DOM
$140,000 thru $159,999 1 546
$180,000 thru $199,999 1 57
$200,000 thru $249,999 5 59
$250,000 thru $299,999 11 53
$300,000 thru $349,999 17 172
$350,000 thru $399,999 26 62
$400,000 thru $449,999 20 140
$450,000 thru $499,999 16 121
$500,000 thru $549,999 4 115
$550,000 thru $599,999 6 114
$600,000 thru $649,999 6 123
$650,000 thru $699,999 6 110
$700,000 thru $749,999 2 394
$750,000 thru $799,999 9 124
$800,000 thru $849,999 3 23
$850,000 thru $899,999 4 303
$950,000 thru $999,999 6 311
$1,000,000 thru $1,249,999 7 230
$1,250,000 thru $1,499,999 10 137
$1,500,000 thru $1,749,999 5 292
$1,750,000 thru $1,999,999 4 202
$2,000,000 thru $2,249,999 2 159
$2,250,000 thru $2,499,999 3 144
$2,500,000 thru $2,749,999 1 508
$4,750,000 thru $4,999,999 1 156
$6,000,000 thru $6,999,999 1 57
  177 142
 
Summary Price Information
Minimum $154,900 Maximum $6,800,000
Average $756,602 Median $479,000
Pending
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 2 370
$160,000 thru $179,999 1 114
$180,000 thru $199,999 1 71
$200,000 thru $249,999 4 64
$250,000 thru $299,999 15 102
$300,000 thru $349,999 16 158
$350,000 thru $399,999 17 88
$400,000 thru $449,999 12 113
$450,000 thru $499,999 10 83
$500,000 thru $549,999 6 103
$550,000 thru $599,999 6 81
$600,000 thru $649,999 4 101
$650,000 thru $699,999 5 99
$700,000 thru $749,999 3 98
$750,000 thru $799,999 1 192
$850,000 thru $899,999 1 53
$1,000,000 thru $1,249,999 5 272
$1,250,000 thru $1,499,999 1 142
$1,500,000 thru $1,749,999 2 248
$2,250,000 thru $2,499,999 1 79
$3,750,000 thru $3,999,999 1 132
  114 120
 
Summary Price Information
Minimum $120,000 Maximum $3,795,000
Average $530,885 Median $419,500
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 11/18/16 at 4:23pm
Sold
Selling Price Range Quantity Average DOM
$90,000 thru $99,999 1 88
$100,000 thru $119,999 5 246
$120,000 thru $139,999 3 157
$140,000 thru $159,999 5 77
$160,000 thru $179,999 8 130
$180,000 thru $199,999 8 117
$200,000 thru $249,999 17 92
$250,000 thru $299,999 42 94
$300,000 thru $349,999 48 100
$350,000 thru $399,999 80 80
$400,000 thru $449,999 43 84
$450,000 thru $499,999 42 108
$500,000 thru $549,999 27 86
$550,000 thru $599,999 28 100
$600,000 thru $649,999 20 120
$650,000 thru $699,999 16 106
$700,000 thru $749,999 18 116
$750,000 thru $799,999 15 109
$800,000 thru $849,999 4 83
$850,000 thru $899,999 3 133
$900,000 thru $949,999 2 206
$950,000 thru $999,999 3 72
$1,000,000 thru $1,249,999 9 176
$1,250,000 thru $1,499,999 3 191
$1,500,000 thru $1,749,999 1 42
$1,750,000 thru $1,999,999 2 157
$2,000,000 thru $2,249,999 2 139
  455 101
 
Summary Price Information
Minimum $96,075 Maximum $2,100,000
Average $475,391 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 ©2016 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

Weekly Lake Tahoe Home Sale Report for the Nevada East Shore 11/18/16

November 26, 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 are still humming during the slower season! There were 5 completed sales this past week for a year-to-date total of 191 sales. This is up by 24.8% from last year! The lowest sale was a town home on Gold Hill Rd for $353,000. The top three sales were on Cedar Ridge for $475,000, Laurel Lane for $645,000 and Cheyenne Cr for $725,000. This had decreased the 6 month average sales price by .4% to $986,275. The average days on market are 197 days.

The number of Lake Tahoe homes for sale had decreased by 1 for a total of 139. This is down by 5.4% from last year! The number of pending sales is up by 2 this past week for a total of 33 escrows. There are now 2 bank owned foreclosures and 1 short sale available on the market. Despite the shortage of inventory, the buyers are taking advantage of the lower interest rates!

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.

 

South Lake Tahoe Home Sale Weekly Report for 11/11/16

November 12, 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 real estate market has plowed ahead despite the diversion from the presidential election! This past week there were 16 completed sales for a year to date total of 683 sales. This is up by 10.3% from last year. The lowest sales was a condo in the Tahoe Keys for 232,000. Most of the sales did occur above $400,000. The top three sales were on Deer Park Ave for $620,000, Kokanee Tr for $680,000 and Boren Way for $845,000. The 6 month average sales price had decreased by .2% to $475,492. The average days on market are 103 days.

The number of South Lake Tahoe homes for sale had decreased by 1 for a total of 196. This is down by 16.9% from last year! The number of pending sales is up by 3 for a total of 110. There are now 3 short sales currently 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 11/11/16 at 3:38pm
Active
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 266
$140,000 thru $159,999 1 539
$180,000 thru $199,999 1 50
$200,000 thru $249,999 6 92
$250,000 thru $299,999 15 46
$300,000 thru $349,999 19 193
$350,000 thru $399,999 26 75
$400,000 thru $449,999 23 109
$450,000 thru $499,999 16 110
$500,000 thru $549,999 6 105
$550,000 thru $599,999 7 92
$600,000 thru $649,999 7 123
$650,000 thru $699,999 6 86
$700,000 thru $749,999 5 204
$750,000 thru $799,999 10 115
$800,000 thru $849,999 3 16
$850,000 thru $899,999 4 296
$950,000 thru $999,999 5 364
$1,000,000 thru $1,249,999 7 313
$1,250,000 thru $1,499,999 10 130
$1,500,000 thru $1,749,999 6 239
$1,750,000 thru $1,999,999 4 195
$2,000,000 thru $2,249,999 2 152
$2,250,000 thru $2,499,999 3 137
$2,500,000 thru $2,749,999 1 501
$4,750,000 thru $4,999,999 1 149
$6,000,000 thru $6,999,999 1 50
196 138
Summary Price Information
Minimum $120,000 Maximum $6,800,000
Average $731,674 Median $472,450
Pending
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 459
$160,000 thru $179,999 1 107
$180,000 thru $199,999 2 78
$200,000 thru $249,999 3 40
$250,000 thru $299,999 14 111
$300,000 thru $349,999 12 155
$350,000 thru $399,999 18 82
$400,000 thru $449,999 9 160
$450,000 thru $499,999 14 82
$500,000 thru $549,999 9 90
$550,000 thru $599,999 5 88
$600,000 thru $649,999 4 94
$650,000 thru $699,999 4 92
$700,000 thru $749,999 3 175
$750,000 thru $799,999 1 185
$850,000 thru $899,999 1 46
$950,000 thru $999,999 1 183
$1,000,000 thru $1,249,999 4 175
$1,250,000 thru $1,499,999 1 135
$1,500,000 thru $1,749,999 1 474
$2,250,000 thru $2,499,999 1 72
$3,750,000 thru $3,999,999 1 125
110 116
Summary Price Information
Minimum $129,900 Maximum $3,795,000
Average $530,452 Median $427,000
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 11/11/16 at 3:38pm
Sold
Selling Price Range Quantity Average DOM
$90,000 thru $99,999 1 88
$100,000 thru $119,999 5 246
$120,000 thru $139,999 3 157
$140,000 thru $159,999 5 77
$160,000 thru $179,999 8 130
$180,000 thru $199,999 7 120
$200,000 thru $249,999 18 95
$250,000 thru $299,999 42 94
$300,000 thru $349,999 51 96
$350,000 thru $399,999 81 83
$400,000 thru $449,999 47 87
$450,000 thru $499,999 39 109
$500,000 thru $549,999 26 94
$550,000 thru $599,999 28 100
$600,000 thru $649,999 21 116
$650,000 thru $699,999 19 114
$700,000 thru $749,999 17 118
$750,000 thru $799,999 14 117
$800,000 thru $849,999 4 83
$850,000 thru $899,999 3 133
$900,000 thru $949,999 2 266
$950,000 thru $999,999 3 72
$1,000,000 thru $1,249,999 10 182
$1,250,000 thru $1,499,999 3 191
$1,500,000 thru $1,749,999 1 42
$1,750,000 thru $1,999,999 2 157
$2,000,000 thru $2,249,999 2 139
462 103
Summary Price Information
Minimum $96,075 Maximum $2,100,000
Average $475,492 Median $409,000
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

Weekly Lake Tahoe Home Sale Report for the Nevada East Shore 11/11/16

November 12, 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!

Despite the distraction with the presidential election, the Lake Tahoe home sales on the Nevada east shore continue to show strength during the slower season! This past week there were 4 completed sales for a year to date total of 186 sales. The lowest sale was a town home in Lake Village for $440,000. The other sales were on Hall Ct for $787,000, and two town homes on Holly Ln for $470,000 and Pinewild for $1,499,900. This resulted in a decrease in the 6 month average sales price by 1.1% to $989,952. The average days on market are 198 days.

The number of Lake Tahoe homes for sale on the Nevada east shore had decreased by 3 for a total of 140. This is down by 7.3% from last year! The number of pending homes are down by 1 for a total of 31. There are now 2 bank owned foreclosures and 1 short sale currently 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.

 

Lake Tahoe Weekly Home Sale Report for the Nevada East Shore 11/3/16

November 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 has now begun it’s seasonal slow down! This past week there were 3 completed sales for a year to date total of 182 sales. This is up by 27.4% from last year! The sales were a couple of townhomes at Lake Village for $375,000, Pinewild for $960,000 and Don Dr for $430,000. The 6 month average sales price had decreased ever so slightly from last week to $1,001,189. The average days on market are 200.

The number of Lake Tahoe homes for sale had decreased by 2 for a total of 143. The inventory is down by 5.9% from last year! The number of pending sales is down by 5 for a total of 32. There are now 1 bank owned foreclosures and 1 short sale 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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