Lake Tahoe Weekly Home Sale Report for Nevada East Shore 9/2/16

September 4, 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 ends the summer with record sales! This past week there were 4 completed sales for a year-to-date total of 129 sales. This is up by 22.9% from last year! The sales were three condominiums on Tramway for $170,000, Clubhouse Cr for $295,000, Holly Ln for $380,000 and a Lake front home in Skyland for $6,500,000. This had increased the 6 month average sales price by 3.3% to $863,474. The average days on market are 209 days.

The number of Lake Tahoe homes for sale on the Nevada east shore had increased by 3 for a total of 166. The inventory is down by 3.5% from last year. The pending sales had increased by 2 for a total of 47. There are now 3 bank owned foreclosures and 4 short sales 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.

Weekly South Lake Tahoe Home Sale Report for 9/1/16

September 2, 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 low inventory of homes for sale in South Lake Tahoe has not slowed sales as the summer ends with record sales! This past week there were 32 completed sales for a year-to-date total of 507 sales. This is up by 22.5% from last year. The lowest sale was on Cochise Cr for $210,000. Even though most of the sales were below $500,000, there were some higher end sales. The top three sales were on Venice Dr for $860,000, Marconi Way for $996,000 and Balboa Dr for $1,500,000. Despite the high end sales the 6 month average sales price had decreased by 1.6% to $472,702. The average days on market are 120 days.

The number of South Lake Tahoe homes for sale had decreased by 2 this past week for a total of 274. This is down from last year by 23%. The pending sales decreased by 11 for a total of 136. There are now 1 bank owned foreclosure 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 09/02/16 at 10:40am
Active
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 196
$140,000 thru $159,999 1 469
$160,000 thru $179,999 1 37
$180,000 thru $199,999 2 211
$200,000 thru $249,999 4 46
$250,000 thru $299,999 15 61
$300,000 thru $349,999 33 114
$350,000 thru $399,999 29 73
$400,000 thru $449,999 28 74
$450,000 thru $499,999 25 93
$500,000 thru $549,999 16 46
$550,000 thru $599,999 16 77
$600,000 thru $649,999 9 90
$650,000 thru $699,999 10 71
$700,000 thru $749,999 11 122
$750,000 thru $799,999 11 120
$800,000 thru $849,999 5 126
$850,000 thru $899,999 4 243
$900,000 thru $949,999 1 16
$950,000 thru $999,999 7 286
$1,000,000 thru $1,249,999 10 289
$1,250,000 thru $1,499,999 13 114
$1,500,000 thru $1,749,999 6 185
$1,750,000 thru $1,999,999 7 124
$2,000,000 thru $2,249,999 2 82
$2,250,000 thru $2,499,999 2 32
$2,500,000 thru $2,749,999 2 298
$2,750,000 thru $2,999,999 1 798
$3,750,000 thru $3,999,999 2 112
$4,750,000 thru $4,999,999 1 79
275 111
Summary Price Information
Minimum $125,000 Maximum $4,750,000
Average $717,092 Median $499,000
Pending
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 1 664
$120,000 thru $139,999 1 389
$140,000 thru $159,999 2 65
$160,000 thru $179,999 4 146
$180,000 thru $199,999 2 51
$200,000 thru $249,999 8 88
$250,000 thru $299,999 13 78
$300,000 thru $349,999 11 99
$350,000 thru $399,999 19 70
$400,000 thru $449,999 13 134
$450,000 thru $499,999 11 128
$500,000 thru $549,999 9 59
$550,000 thru $599,999 5 67
$600,000 thru $649,999 3 91
$650,000 thru $699,999 6 61
$700,000 thru $749,999 6 73
$750,000 thru $799,999 9 64
$800,000 thru $849,999 1 112
$850,000 thru $899,999 1 107
$900,000 thru $949,999 1 107
$1,000,000 thru $1,249,999 2 154
$1,250,000 thru $1,499,999 2 180
$1,500,000 thru $1,749,999 3 194
$2,000,000 thru $2,249,999 2 92
$2,250,000 thru $2,499,999 1 99
136 99
Summary Price Information
Minimum $113,000 Maximum $2,250,000
Average $535,107 Median $419,000
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 09/02/16 at 10:40am
Sold
Selling Price Range Quantity Average DOM
$200,000 thru $249,999 3 64
$250,000 thru $299,999 3 113
$300,000 thru $349,999 5 185
$350,000 thru $399,999 6 64
$400,000 thru $449,999 3 59
$450,000 thru $499,999 1 87
$500,000 thru $549,999 2 86
$550,000 thru $599,999 2 83
$600,000 thru $649,999 3 112
$800,000 thru $849,999 1 91
$850,000 thru $899,999 1 201
$950,000 thru $999,999 1 48
$1,500,000 thru $1,749,999 1 42
32 99
Summary Price Information
Minimum $210,000 Maximum $1,500,000
Average $480,969 Median $397,000
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

Lake Tahoe Weekly Home Sale Report for the Nevada East Shore 8/11/16

August 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 sale market on the Nevada east shore is maintaining it’s steam! There were 2 sales this past week for a year to date total of 117 sales. This is 24.5% higher than last year. The sales were on Hall Court for $618,000 and Ute Way for $800,000. This resulted in a decrease in the 6 month average sales price by 1.2% to $821,821. The average days on market are 214 days.

The number of Lake Tahoe homes for sale on the Nevada east shore had increased by 9 for a total of 169. The inventory is down by 2.3% from last year. The pending sales had remained the same for the past week for a total of 41 pending sales in escrow. There are now 2 short sales an 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.

Lake Tahoe Home Sale Weekly Report for the Nevada East Shore 8/18/16

August 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 for the Nevada east shore has remained consistent this summer but ahead of last year by 23.7%! This past week there were 3 completed sales for a year-to-date total of 120 sales. The sales were a couple of condominiums on Orion for $206,500 and Clubhouse Cr. for $359,000. The highest sale was a lake view home on Alma Way for $1,675,000. This was enough to bump up the 6 month average sales price by .5% to $825,579. The average days on market are 214 days.

The number of South Lake Tahoe homes had remained the same as the previous week for a total of 169. This is exactly the number of condos and homes available last year at this time. The pending sales were up by 2 this past week for a total of 43 escrows. The number of escrows is up by 72% from last year. There are currently 2 short sales available on the market and no bank owned foreclosures.

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 Home Sale Weekly Report for the Nevada East Shore 8/25/16

August 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 staying strong on the Nevada east shore! There were 5 completed sales for a year-to-date total of 125 sales. This is up by 25% from last year. There were two sales on Baron Dr for $600,000 and $835,000, a townhome on Short Rd for $1,050,000, Freel Dr for $1,080,000 and Lakeview Ave for $1,150,000. This had increased the 6 month average sales price by 1.1% to $834,747. The average days on market are 214 days.

The number of Lake Tahoe homes for sale on the Nevada east shore had decreased by 6 for a total of 163 homes and condos. This is down by 8.4% from last year. The pending sales increased by 2 this past week for a total of 45 homes and condos in escrow. There are now 1 bank owned foreclosure 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.

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