Weekly South Lake Tahoe Home Sale Report for 7/21/16

July 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 market is still maintaining it’s steam this summer! There were 14 completed sales for a year-to-date total of 393 sales. This is up by 22.4% from last year. The lowest sale was on Glenwood Way for $96,075. Most of the sales were below $400,000. The top three sales were a couple of town homes on Tahoe Keys Blvd for $495,000, Lakeland Village for $519,999 and Azure Ave for $1,225,000. The sales had slightly increased the 6 month average sales price by .5% to $479,107. The average days on market are 128 days.

This past week the number of South Lake Tahoe homes for sale had increased by 6 for a total of 280 but it is short of last year by 26.7%. The pending sales had increased by 8. 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 07/21/16 at 4:55pm
Active
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 1 621
$120,000 thru $139,999 2 250
$140,000 thru $159,999 1 426
$160,000 thru $179,999 2 238
$180,000 thru $199,999 2 113
$200,000 thru $249,999 5 67
$250,000 thru $299,999 14 62
$300,000 thru $349,999 25 121
$350,000 thru $399,999 29 51
$400,000 thru $449,999 23 49
$450,000 thru $499,999 32 83
$500,000 thru $549,999 12 39
$550,000 thru $599,999 15 45
$600,000 thru $649,999 9 74
$650,000 thru $699,999 10 76
$700,000 thru $749,999 8 110
$750,000 thru $799,999 22 77
$800,000 thru $849,999 5 71
$850,000 thru $899,999 8 168
$900,000 thru $949,999 1 64
$950,000 thru $999,999 7 252
$1,000,000 thru $1,249,999 12 268
$1,250,000 thru $1,499,999 10 82
$1,500,000 thru $1,749,999 9 139
$1,750,000 thru $1,999,999 5 105
$2,000,000 thru $2,249,999 4 44
$2,250,000 thru $2,499,999 1 19
$2,500,000 thru $2,749,999 2 255
$2,750,000 thru $2,999,999 1 755
$3,750,000 thru $3,999,999 2 69
$4,750,000 thru $4,999,999 1 36
280 99
Summary Price Information
Minimum $113,000 Maximum $4,750,000
Average $730,043 Median $519,000
Pending
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 1 76
$120,000 thru $139,999 2 114
$160,000 thru $179,999 6 114
$180,000 thru $199,999 5 63
$200,000 thru $249,999 4 44
$250,000 thru $299,999 11 113
$300,000 thru $349,999 16 84
$350,000 thru $399,999 17 81
$400,000 thru $449,999 15 119
$450,000 thru $499,999 15 51
$500,000 thru $549,999 7 61
$550,000 thru $599,999 8 81
$600,000 thru $649,999 6 60
$650,000 thru $699,999 5 58
$700,000 thru $749,999 1 62
$750,000 thru $799,999 2 144
$850,000 thru $899,999 1 161
$950,000 thru $999,999 1 61
$1,000,000 thru $1,249,999 2 30
$1,250,000 thru $1,499,999 2 118
$1,500,000 thru $1,749,999 1 361
$1,750,000 thru $1,999,999 1 62
$2,250,000 thru $2,499,999 1 56
130 85
Summary Price Information
Minimum $119,000 Maximum $2,250,000
Average $477,809 Median $409,500
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 07/21/16 at 4:55pm
Sold
Selling Price Range Quantity Average DOM
$90,000 thru $99,999 1 88
$100,000 thru $119,999 4 117
$120,000 thru $139,999 5 182
$140,000 thru $159,999 4 115
$160,000 thru $179,999 6 129
$180,000 thru $199,999 3 76
$200,000 thru $249,999 18 116
$250,000 thru $299,999 32 104
$300,000 thru $349,999 55 131
$350,000 thru $399,999 55 86
$400,000 thru $449,999 41 118
$450,000 thru $499,999 22 145
$500,000 thru $549,999 27 122
$550,000 thru $599,999 22 131
$600,000 thru $649,999 18 132
$650,000 thru $699,999 15 154
$700,000 thru $749,999 10 198
$750,000 thru $799,999 9 150
$800,000 thru $849,999 5 172
$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
$1,500,000 thru $1,749,999 3 276
$8,000,000 thru $8,999,999 1 591
371 128
Summary Price Information
Minimum $96,075 Maximum $8,500,000
Average $479,107 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

Weekly South Lake Tahoe Home Sale Report for 7/13/16

July 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 homes sales continue it’s hot trend! There were 13 completed sales this past week for a year-to-date total of 379 sales. Home sales are now up by 24.3% from last year. The lowest sale was on William Ave for $330,000. The majority of the sales were between $500,000 and $600,000. The top three sales were on Mohican Dr for $580,000, Venice Dr for $586,000 and Hazel Dr. for $705,000. The 6 month average sales price did decrease by .3% to $476,810. The average days on market are 130 days.

The number of South Lake Tahoe homes for sale did jump up by 15 this past week. However the inventory of available homes for sale is still down by 28.3% from last year. The pending sales had decreased by 2. With interest rates at it’s lowest level since last year, we may see the buyer appetite not yet satisfied. There are now 1 bank owned foreclosure and 1 short sale 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 07/13/16 at 9:12pm
Active
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 1 613
$120,000 thru $139,999 2 242
$140,000 thru $159,999 1 418
$160,000 thru $179,999 2 230
$180,000 thru $199,999 3 80
$200,000 thru $249,999 6 57
$250,000 thru $299,999 12 54
$300,000 thru $349,999 22 125
$350,000 thru $399,999 29 61
$400,000 thru $449,999 23 56
$450,000 thru $499,999 31 80
$500,000 thru $549,999 13 37
$550,000 thru $599,999 14 53
$600,000 thru $649,999 11 58
$650,000 thru $699,999 10 68
$700,000 thru $749,999 9 99
$750,000 thru $799,999 22 74
$800,000 thru $849,999 5 63
$850,000 thru $899,999 7 81
$900,000 thru $949,999 1 56
$950,000 thru $999,999 5 195
$1,000,000 thru $1,249,999 12 260
$1,250,000 thru $1,499,999 10 74
$1,500,000 thru $1,749,999 6 191
$1,750,000 thru $1,999,999 6 89
$2,000,000 thru $2,249,999 4 36
$2,250,000 thru $2,499,999 1 11
$2,500,000 thru $2,749,999 2 247
$2,750,000 thru $2,999,999 1 747
$3,750,000 thru $3,999,999 2 61
$4,750,000 thru $4,999,999 1 28
274 93
Summary Price Information
Minimum $113,000 Maximum $4,750,000
Average $723,997 Median $519,500
Pending
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 1 68
$120,000 thru $139,999 2 106
$160,000 thru $179,999 6 106
$180,000 thru $199,999 4 62
$200,000 thru $249,999 3 48
$250,000 thru $299,999 15 94
$300,000 thru $349,999 19 86
$350,000 thru $399,999 18 76
$400,000 thru $449,999 9 158
$450,000 thru $499,999 13 55
$500,000 thru $549,999 6 80
$550,000 thru $599,999 6 93
$600,000 thru $649,999 5 55
$650,000 thru $699,999 3 60
$700,000 thru $749,999 1 54
$750,000 thru $799,999 1 176
$850,000 thru $899,999 1 153
$950,000 thru $999,999 1 53
$1,000,000 thru $1,249,999 3 48
$1,250,000 thru $1,499,999 2 110
$1,500,000 thru $1,749,999 1 353
$1,750,000 thru $1,999,999 1 54
$2,250,000 thru $2,499,999 1 48
122 87
Summary Price Information
Minimum $119,000 Maximum $2,250,000
Average $472,436 Median $376,500
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 07/13/16 at 9:12pm
Sold
Selling Price Range Quantity Average DOM
$90,000 thru $99,999 1 70
$100,000 thru $119,999 4 117
$120,000 thru $139,999 5 182
$140,000 thru $159,999 4 115
$160,000 thru $179,999 6 129
$180,000 thru $199,999 3 76
$200,000 thru $249,999 18 116
$250,000 thru $299,999 33 107
$300,000 thru $349,999 57 132
$350,000 thru $399,999 51 89
$400,000 thru $449,999 41 118
$450,000 thru $499,999 20 155
$500,000 thru $549,999 26 122
$550,000 thru $599,999 23 130
$600,000 thru $649,999 18 132
$650,000 thru $699,999 15 154
$700,000 thru $749,999 10 198
$750,000 thru $799,999 9 150
$800,000 thru $849,999 5 172
$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 6 233
$1,500,000 thru $1,749,999 3 276
$8,000,000 thru $8,999,999 1 591
367 130
Summary Price Information
Minimum $96,075 Maximum $8,500,000
Average $476,810 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

Weekly Lake Tahoe Home Sale Report for Nevada East Shore 7/13/16

July 26, 2016

The Lake Tahoe home sales on the Nevada east shore is strong! There were 7 completed sales for a year-to-date total of 103 sales. This is up by 27.2% from last year. The lowest sale was a condo on Tramway Dr for $171,500. The top three sales were on Lyons Ave for $437,100, Juniper Dr for $420,000 and Paiute Dr for $612,500. This had decreased the 6 month average sales price by 3.7% to $796,001. The average days on market are 220 days.

The number of Lake Tahoe homes for sale on the Nevada east shore had increased by 4 this past week for a total of 171 homes for sale. This is about the same number of homes available last year at this time. The number of pending sales had decreased by 6 this past week for a total of 32 homes. This may be an indicator that there was a slight cooling of buyer activity. There are now 2 short sales on the market but 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 Weekly Home Sale Report for the Nevada East Shore 7/7/16

July 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 on the Nevada east shore is on a hot streak! There were 8 completed sales this past week for a year-to-date total of 96 sales. This is up by 52.4% from last year! The lowest sale was a condo on Quaking Aspen for $188,000. The majority of the sales were below $475,000 and they were all condos or town homes. The top three sales were on Golden Mantle for $865,000, Sherwood Ct for $973,000 and Pheasant Lane for $2,900,000. Despite the higher end sales, the 6 month average sales price did dip by 1.9% to $826,159. The average days on market are 230 days.

The number of Lake Tahoe homes for sale on the Nevada east shore had increased by 9 this past week for a total of 167. The supply of homes on the market are now up by 5% from last year. The number of pending sales had decreased by 6 this past week for a total of 38. There are no bank owned foreclosures on the market rather 2 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 7/7/16

July 8, 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 sale market in South Lake Tahoe keeps getting hotter! There were 16 completed sales for a year-to-date total of 366 sales. This is 59.8% higher than last year! The lowest sale was a condo at the St Francis for $132,000. The bulk of the sales were below $400,000. The top three sales were on Canarsee St for $637,000, Garmish Ct for $680,000 and High Meadow Tr for $725,000. This had increased the 6 month average sales price by a mere .2% to $475,505. The average days on market are 131 days.

The number of South Lake Tahoe homes for sale has increased this past week by 13 but the supply of homes on the market is falling short of last year by 23.8%. The number of pending sales had increased by 12 this past week which is not allowing the supply of homes to grow too fast. There is only 1 bank owned foreclosure 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

Summary

Listings as of 07/07/16 at 8:42pm
Active
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 1 607
$120,000 thru $139,999 2 236
$140,000 thru $159,999 1 412
$160,000 thru $179,999 2 224
$180,000 thru $199,999 3 74
$200,000 thru $249,999 5 63
$250,000 thru $299,999 12 47
$300,000 thru $349,999 23 118
$350,000 thru $399,999 24 66
$400,000 thru $449,999 21 61
$450,000 thru $499,999 27 82
$500,000 thru $549,999 11 40
$550,000 thru $599,999 14 55
$600,000 thru $649,999 8 61
$650,000 thru $699,999 12 62
$700,000 thru $749,999 9 93
$750,000 thru $799,999 19 71
$800,000 thru $849,999 5 75
$850,000 thru $899,999 7 76
$900,000 thru $949,999 1 50
$950,000 thru $999,999 6 166
$1,000,000 thru $1,249,999 13 237
$1,250,000 thru $1,499,999 9 76
$1,500,000 thru $1,749,999 7 208
$1,750,000 thru $1,999,999 7 78
$2,000,000 thru $2,249,999 4 30
$2,250,000 thru $2,499,999 1 5
$2,500,000 thru $2,749,999 1 374
$2,750,000 thru $2,999,999 2 424
$3,750,000 thru $3,999,999 1 111
$4,750,000 thru $4,999,999 1 22
259 95
Summary Price Information
Minimum $113,000 Maximum $4,750,000
Average $736,007 Median $547,770
Pending
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 1 62
$120,000 thru $139,999 2 100
$160,000 thru $179,999 6 100
$180,000 thru $199,999 4 56
$200,000 thru $249,999 3 42
$250,000 thru $299,999 14 89
$300,000 thru $349,999 17 93
$350,000 thru $399,999 19 78
$400,000 thru $449,999 10 135
$450,000 thru $499,999 12 58
$500,000 thru $549,999 7 67
$550,000 thru $599,999 9 91
$600,000 thru $649,999 7 98
$650,000 thru $699,999 3 54
$700,000 thru $749,999 2 50
$750,000 thru $799,999 1 170
$850,000 thru $899,999 1 147
$950,000 thru $999,999 1 47
$1,000,000 thru $1,249,999 2 49
$1,250,000 thru $1,499,999 2 104
$2,250,000 thru $2,499,999 1 42
124 85
Summary Price Information
Minimum $119,000 Maximum $2,250,000
Average $455,307 Median $384,000
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 07/07/16 at 8:42pm
Sold
Selling Price Range Quantity Average DOM
$90,000 thru $99,999 1 70
$100,000 thru $119,999 4 117
$120,000 thru $139,999 5 182
$140,000 thru $159,999 4 115
$160,000 thru $179,999 6 129
$180,000 thru $199,999 3 76
$200,000 thru $249,999 18 116
$250,000 thru $299,999 33 107
$300,000 thru $349,999 56 133
$350,000 thru $399,999 54 93
$400,000 thru $449,999 40 121
$450,000 thru $499,999 19 159
$500,000 thru $549,999 26 122
$550,000 thru $599,999 19 128
$600,000 thru $649,999 18 132
$650,000 thru $699,999 16 152
$700,000 thru $749,999 9 214
$750,000 thru $799,999 9 150
$800,000 thru $849,999 5 172
$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 6 233
$1,500,000 thru $1,749,999 3 276
$8,000,000 thru $8,999,999 1 591
363 131
Summary Price Information
Minimum $96,075 Maximum $8,500,000
Average $475,505 Median $395,000
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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