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.

South Lake Tahoe Weekly Home Sale Report for 8/11/16

August 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 home sales in South Lake Tahoe has been hugely strong this year! There were 13 completed sales for a year to date total of 438 sales. This outpaces last year by 48%! The lowest sale was a St Francis condo and sold for $120,000. Most of the sales has been occurring under $500,000. The top three sales were on Lodi Ave for $540,000, Koru St for $615,000 and Kickapoo St for $677,000. The 6 month average sales price had stayed about the same as last week. The average days on market are 125 days.

The number of South Lake Tahoe homes for sale had increased by 2 this past week. However, it is well below last year by 26.5%. The pending sales had spiked this past week by 10 as the sales continue to heat up. 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 08/11/16 at 8:37pm
Active
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 1 642
$120,000 thru $139,999 2 271
$140,000 thru $159,999 1 447
$160,000 thru $179,999 1 143
$180,000 thru $199,999 3 63
$200,000 thru $249,999 4 35
$250,000 thru $299,999 13 60
$300,000 thru $349,999 30 111
$350,000 thru $399,999 28 72
$400,000 thru $449,999 24 61
$450,000 thru $499,999 30 87
$500,000 thru $549,999 18 33
$550,000 thru $599,999 17 59
$600,000 thru $649,999 7 99
$650,000 thru $699,999 13 107
$700,000 thru $749,999 13 97
$750,000 thru $799,999 16 86
$800,000 thru $849,999 4 107
$850,000 thru $899,999 6 209
$900,000 thru $949,999 1 85
$950,000 thru $999,999 6 304
$1,000,000 thru $1,249,999 12 282
$1,250,000 thru $1,499,999 13 116
$1,500,000 thru $1,749,999 6 178
$1,750,000 thru $1,999,999 6 119
$2,000,000 thru $2,249,999 3 66
$2,250,000 thru $2,499,999 1 40
$2,500,000 thru $2,749,999 2 276
$2,750,000 thru $2,999,999 1 776
$3,750,000 thru $3,999,999 2 90
$4,750,000 thru $4,999,999 1 57
285 108
Summary Price Information
Minimum $113,000 Maximum $4,750,000
Average $717,124 Median $520,000
Pending
Listing Price Range Quantity Average DOM
$140,000 thru $159,999 2 21
$160,000 thru $179,999 4 107
$180,000 thru $199,999 4 94
$200,000 thru $249,999 9 70
$250,000 thru $299,999 11 65
$300,000 thru $349,999 16 97
$350,000 thru $399,999 21 83
$400,000 thru $449,999 18 121
$450,000 thru $499,999 16 92
$500,000 thru $549,999 5 48
$550,000 thru $599,999 7 68
$600,000 thru $649,999 6 80
$650,000 thru $699,999 5 70
$700,000 thru $749,999 2 125
$750,000 thru $799,999 7 60
$800,000 thru $849,999 1 72
$850,000 thru $899,999 1 182
$950,000 thru $999,999 1 82
$1,000,000 thru $1,249,999 3 69
$1,500,000 thru $1,749,999 3 154
$2,000,000 thru $2,249,999 1 60
$2,250,000 thru $2,499,999 1 77
144 87
Summary Price Information
Minimum $143,000 Maximum $2,250,000
Average $495,778 Median $418,500
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 08/11/16 at 8:37pm
Sold
Selling Price Range Quantity Average DOM
$90,000 thru $99,999 1 88
$100,000 thru $119,999 6 122
$120,000 thru $139,999 5 176
$140,000 thru $159,999 5 97
$160,000 thru $179,999 7 116
$180,000 thru $199,999 4 64
$200,000 thru $249,999 17 115
$250,000 thru $299,999 36 111
$300,000 thru $349,999 56 126
$350,000 thru $399,999 55 83
$400,000 thru $449,999 44 113
$450,000 thru $499,999 25 139
$500,000 thru $549,999 26 121
$550,000 thru $599,999 23 135
$600,000 thru $649,999 19 123
$650,000 thru $699,999 12 167
$700,000 thru $749,999 10 198
$750,000 thru $799,999 9 165
$800,000 thru $849,999 4 132
$850,000 thru $899,999 3 70
$900,000 thru $949,999 4 236
$950,000 thru $999,999 1 86
$1,000,000 thru $1,249,999 7 214
$1,250,000 thru $1,499,999 1 89
$1,500,000 thru $1,749,999 3 276
$1,750,000 thru $1,999,999 1 225
$8,000,000 thru $8,999,999 1 591
385 125
Summary Price Information
Minimum $96,075 Maximum $8,500,000
Average $476,647 Median $400,000
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

South Lake Tahoe Home Sale Weekly Report for 8/18/16

August 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 Sales remains strong as it now exceeds last year by 13.9%. Compared to July it seems like a slight cool down. There were 20 completed sales for a year-to-date total of 458 sales. The lowest sale was on Knox Ave for $189,000. Most of the sales activity is still occurring below $500,000. The top three sales were on Lukins Way for $635,000, Lido Dr for $657,000 and Rimrock Tr for $959,000. This was enough to bump up the 6 month average sales price by .4% to $478,688. The average days on market are 122 days.

The number of South Lake Tahoe homes for sale had decreased by 1 this past week for a total of 284 homes and condos. The inventory is 20% below last year and continues to be in short supply especially below the price range of $400,000. The pending sales are up 2 this past week for a total of 146 escrows. This is only 2 more than last year at this time. There are now only 2 bank owned foreclosures on the market and no short sales.

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 08/18/16 at 9:40pm
Active
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 2 278
$140,000 thru $159,999 2 263
$160,000 thru $179,999 1 150
$180,000 thru $199,999 4 105
$200,000 thru $249,999 8 30
$250,000 thru $299,999 12 49
$300,000 thru $349,999 27 119
$350,000 thru $399,999 27 79
$400,000 thru $449,999 24 63
$450,000 thru $499,999 32 88
$500,000 thru $549,999 18 33
$550,000 thru $599,999 16 69
$600,000 thru $649,999 7 94
$650,000 thru $699,999 9 108
$700,000 thru $749,999 15 96
$750,000 thru $799,999 16 88
$800,000 thru $849,999 3 119
$850,000 thru $899,999 7 186
$900,000 thru $949,999 1 1
$950,000 thru $999,999 6 311
$1,000,000 thru $1,249,999 11 294
$1,250,000 thru $1,499,999 13 99
$1,500,000 thru $1,749,999 6 185
$1,750,000 thru $1,999,999 7 109
$2,000,000 thru $2,249,999 3 73
$2,250,000 thru $2,499,999 1 47
$2,500,000 thru $2,749,999 2 283
$2,750,000 thru $2,999,999 1 783
$3,750,000 thru $3,999,999 2 97
$4,750,000 thru $4,999,999 1 64
284 106
Summary Price Information
Minimum $125,000 Maximum $4,750,000
Average $717,325 Median $519,000
Pending
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 1 649
$140,000 thru $159,999 2 28
$160,000 thru $179,999 4 114
$180,000 thru $199,999 2 72
$200,000 thru $249,999 7 89
$250,000 thru $299,999 15 76
$300,000 thru $349,999 17 92
$350,000 thru $399,999 20 87
$400,000 thru $449,999 17 133
$450,000 thru $499,999 13 105
$500,000 thru $549,999 7 64
$550,000 thru $599,999 6 67
$600,000 thru $649,999 4 102
$650,000 thru $699,999 6 68
$700,000 thru $749,999 3 91
$750,000 thru $799,999 7 67
$800,000 thru $849,999 2 88
$850,000 thru $899,999 1 189
$900,000 thru $949,999 1 92
$1,000,000 thru $1,249,999 4 116
$1,250,000 thru $1,499,999 2 165
$1,500,000 thru $1,749,999 3 161
$2,000,000 thru $2,249,999 1 67
$2,250,000 thru $2,499,999 1 84
146 98
Summary Price Information
Minimum $113,000 Maximum $2,250,000
Average $515,076 Median $413,950
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 ©2016 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

Area Market Survey
Summary

Listings as of 08/18/16 at 9:40pm
Sold
Selling Price Range Quantity Average DOM
$90,000 thru $99,999 1 88
$100,000 thru $119,999 6 122
$120,000 thru $139,999 4 173
$140,000 thru $159,999 5 97
$160,000 thru $179,999 7 116
$180,000 thru $199,999 5 60
$200,000 thru $249,999 16 114
$250,000 thru $299,999 35 111
$300,000 thru $349,999 55 125
$350,000 thru $399,999 58 80
$400,000 thru $449,999 44 107
$450,000 thru $499,999 27 134
$500,000 thru $549,999 25 121
$550,000 thru $599,999 24 133
$600,000 thru $649,999 21 116
$650,000 thru $699,999 12 163
$700,000 thru $749,999 9 194
$750,000 thru $799,999 9 165
$800,000 thru $849,999 4 132
$850,000 thru $899,999 3 70
$900,000 thru $949,999 4 236
$950,000 thru $999,999 2 85
$1,000,000 thru $1,249,999 7 214
$1,250,000 thru $1,499,999 1 89
$1,500,000 thru $1,749,999 3 276
$1,750,000 thru $1,999,999 1 225
$8,000,000 thru $8,999,999 1 591
389 122
Summary Price Information
Minimum $96,075 Maximum $8,500,000
Average $478,688 Median $400,000
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

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