Rare Single Story Home For Sale in South Lake Tahoe

October 20, 2014

%Jim Wire %Real Estate Lake Tahoe

Front View

%Jim Wire %Real Estate Lake Tahoe

Backyard Deck

If you are looking for a single story #home for sale in South Lake Tahoe, this could be yours!  The home is large with 3 bedrooms and 2 baths and 1925 square feet.  It also has a large lot with approximately 12,481 square feet and it’s adjacent to a meadow which is owned by the California Conservancy.  There have been several upgrades throughout the home which includes a newer roof, double pane windows, seamless gutters, kitchen cabinets, sile stone granite counter tops, flooring, garage door, exterior doors and much more. You’ll be impressed with the care and condition of the home.  All of this for the asking price of $479,000.  Call your South Lake Tahoe real estate agent, Jim Wire for a viewing, 530-314-9008.

Lake Tahoe Home Sale Weekly Report for the Nevada East Shore 10/16/14

October 16, 2014

What you are looking at below are charts and numbers derived from the Northern Nevada Regional Multiple Listing Service for Single Family Homes and Condos for the East Shore. I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports. The reason that I use this segment of the market is that it has the most influence on the general value trends.

The Lake Tahoe home sale market on the east shore of Nevada is showing a seasonal trend slowing!  To measure the most current buyer activity, I use the Market Activity Ratio which is the relationship between the number of homes on the market and the pending sales.  This past week the Market Activity Ratio has decreased by .4% to show that 17.6% of the available homes for sale are now pending sales in escrow.  This is due to the number of Lake Tahoe homes for sale increasing by 9 as the pending sales increased by 1.  There is now 1 bank owned foreclosure and 2 short sales currently available.  The distress sales now represent 1.9% of the inventory and 17.6% of the pending sales.

There were 2 completed sales this past week for a YTD total of 161 sales.  The sales were a townhome on Tina Ct for $345,100 and a single family home on Kent Way for $865,000.  The 6 month average sales price had decreased by 1.5% to $1,023,545.  The average days on the market are 150 days.  For more information, contact your local Lake Tahoe real estate agent, Jim Wire, 530-314-9008.

South Lake Tahoe Home Sales Weekly Report 10/16/14

October 16, 2014

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 value trend.

The South Lake Tahoe Home Sales are still healthy but the market is showing it’s seasonal trend downward!  To measure the most current buyer activity, I use the Market Activity Ratio which is the relationship between the number of homes for sale and the pending sales.  This past week the Market Activity Ratio had decreased by 1.2% to show that 24.7% of the available homes for sale are pending sales in escrow.  This is due to the number of South Lake Tahoe homes for sale declining by 3 as the pending sales decreased by 7.  There are 2 bank owned foreclosures and 3 short sales currently available on the market.  The distress sales represent 1.8% of the available inventory and 12.9% of the pending sales.

There were 15 completed sales this past week for a YTD total of 522 sales.  The lowest sale was on Alameda Ave for $130,000.  Most of the sales were below $390,000.  The top 3 sales was a townhome on Lakeview Ave for $437,240, two single family homes on Garmish Ct for $626,000 and Ofling Dr for $685,000.  This was enough to increase the 6 month average sales price by ..1% to $426,432.  The average days on market are 111.  For more information, contact your local South Lake Tahoe real estate agent, Jim Wire, 530-314-9008.

Listings per Status
%Jim Wire %Real Estate Lake Tahoe

Area Market Survey
Summary

Listings as of 10/16/14 at 7:26pm
Active
Listing Price Range Quantity Average DOM
$40,000 thru $49,999 1 64
$120,000 thru $139,999 3 86
$140,000 thru $159,999 1 135
$160,000 thru $179,999 8 130
$180,000 thru $199,999 7 110
$200,000 thru $249,999 15 110
$250,000 thru $299,999 27 105
$300,000 thru $349,999 38 116
$350,000 thru $399,999 35 109
$400,000 thru $449,999 23 131
$450,000 thru $499,999 18 107
$500,000 thru $549,999 12 130
$550,000 thru $599,999 14 120
$600,000 thru $649,999 11 83
$650,000 thru $699,999 16 136
$700,000 thru $749,999 1 49
$750,000 thru $799,999 9 259
$800,000 thru $849,999 2 162
$850,000 thru $899,999 3 91
$900,000 thru $949,999 1 85
$950,000 thru $999,999 7 101
$1,000,000 thru $1,249,999 7 172
$1,250,000 thru $1,499,999 10 174
$1,500,000 thru $1,749,999 4 363
$1,750,000 thru $1,999,999 3 362
$2,000,000 thru $2,249,999 1 146
$2,250,000 thru $2,499,999 1 107
$2,500,000 thru $2,749,999 1 267
$3,000,000 thru $3,249,999 1 111
$3,250,000 thru $3,499,999 1 83
$3,500,000 thru $3,749,999 1 33
$10,000,000 or More 1 40
283 128
Summary Price Information
Minimum $47,000 Maximum $11,500,000
Average $614,219 Median $424,000
Pending
Listing Price Range Quantity Average DOM
$140,000 thru $159,999 2 153
$160,000 thru $179,999 1 82
$180,000 thru $199,999 1 94
$200,000 thru $249,999 10 112
$250,000 thru $299,999 14 91
$300,000 thru $349,999 15 82
$350,000 thru $399,999 12 146
$400,000 thru $449,999 6 83
$450,000 thru $499,999 9 94
$500,000 thru $549,999 4 121
$550,000 thru $599,999 7 95
$600,000 thru $649,999 4 160
$700,000 thru $749,999 2 235
$800,000 thru $849,999 2 49
$1,000,000 thru $1,249,999 1 122
$1,250,000 thru $1,499,999 1 106
$2,500,000 thru $2,749,999 1 81
$3,250,000 thru $3,499,999 1 114
93 107
Summary Price Information
Minimum $149,000 Maximum $3,295,000
Average $468,478 Median $375,000
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 ©2014 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

Area Market Survey
Summary

Listings as of 10/16/14 at 7:26pm
Sold
Selling Price Range Quantity Average DOM
$80,000 thru $89,999 1 62
$100,000 thru $119,999 2 67
$120,000 thru $139,999 4 112
$140,000 thru $159,999 4 142
$160,000 thru $179,999 9 122
$180,000 thru $199,999 10 124
$200,000 thru $249,999 47 75
$250,000 thru $299,999 56 84
$300,000 thru $349,999 55 96
$350,000 thru $399,999 40 81
$400,000 thru $449,999 25 155
$450,000 thru $499,999 27 116
$500,000 thru $549,999 22 147
$550,000 thru $599,999 16 131
$600,000 thru $649,999 8 163
$650,000 thru $699,999 12 137
$700,000 thru $749,999 5 159
$750,000 thru $799,999 5 88
$800,000 thru $849,999 1 350
$850,000 thru $899,999 4 129
$900,000 thru $949,999 1 98
$1,000,000 thru $1,249,999 4 294
$1,250,000 thru $1,499,999 3 172
$1,750,000 thru $1,999,999 1 456
$2,000,000 thru $2,249,999 1 0
$3,500,000 thru $3,749,999 1 500
$5,000,000 thru $5,999,999 1 49
365 111
Summary Price Information
Minimum $87,500 Maximum $5,750,000
Average $426,432 Median $347,000
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 ©2014 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

Lake Tahoe Home Sale Report for the Nevada East Shore 10/10/14

October 10, 2014

What you are looking at below are charts and numbers derived from the Northern Nevada Regional Multiple Listing Service for Single Family Homes and Condos for the East Shore. I just started tracking condos with homes as of October 28th, 2009 which will be give different results from previous market reports. The reason that I use this segment of the market is that it has the most influence on the general value trends.

The Lake Tahoe home sales on the Nevada east shore has remained consistent from the previous week!  To measure the most current buyer activity, I use the Market Activity Ratio which is the relationship between the number of homes for sale and the pending sales.  This past week the Market Activity Ratio had remained the same to show that 18% of the available homes are pending sales in escrow.  This is due to the number of homes for sale and the pending sales remaining the same as the previous week.  There is 1 bank owned foreclosure and 2 short sales currently on the market.  The distress sales represent 2 of the available inventory and 18.2% of the pending sales.

This past week there were 5 completed sales for a YTD total of 159 sales.  The lowest sale was a townhome on Tramway Dr for $160,000.  The top three sales were more townhomes on Quaking Aspen for $395,000, Burke Creek Cr for $460,000 and Palisades Dr for $500,000.  Despite the low sales the 6 month average sales price showed an increase by 3.2% to $1,039,523.  The average days on market are 150 days.  For more information, contact your Lake Tahoe real estate agent, Jim Wire, 530-314-9008 or email at jim @hotwiretotahoe.com.

South Lake Tahoe Home Sale Weekly Report for 10/10/14

October 10, 2014

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 value trend.

The summer home sales in South Lake Tahoe are beginning to wind down as the inventory drops along with the sales!  To measure the most current buyer activity, I use the Market Activity Ratio which is the relationship between the number of homes for sale and the pending sales.  This past week the Market Activity Ratio had decreased by .9% to that 25.9% of the home sale inventory are pending sales in escrow.  This is due to the number of homes for sale in the South Lake Tahoe decreasing by 12 as the pending sales decreased by 9.  There are 3 bank owned foreclosures and 3 short sales currently available on the market.  The distress sales now represent 2.1% of the available inventory and 13% of the pending sales.

There were 20 completed sales this past week for a YTD total of 507 sales.  The lowest sale was on Julie Ln for $265,000.  Most of the sales were below $398,000.  The top three sales were a townhome on Ala Wai for $595,000, and two single family homes which were on Saddle Rd for $615,000 and Egret Way for $688,000.  This had increased the 6 month average sales price by .1% to $425,945.  The average days on market are 112 days.  For more information, contact your South Lake Tahoe real estate agent, Jim Wire, 530-314-9008 or email jim@hotwiretotahoe.com.

Listings per Status
%Jim Wire %Real Estate Lake Tahoe

Area Market Survey
Summary

Listings as of 10/10/14 at 8:17am
Active
Listing Price Range Quantity Average DOM
$40,000 thru $49,999 1 58
$120,000 thru $139,999 3 80
$140,000 thru $159,999 2 142
$160,000 thru $179,999 8 181
$180,000 thru $199,999 7 104
$200,000 thru $249,999 17 128
$250,000 thru $299,999 28 101
$300,000 thru $349,999 36 121
$350,000 thru $399,999 36 102
$400,000 thru $449,999 22 125
$450,000 thru $499,999 19 108
$500,000 thru $549,999 9 155
$550,000 thru $599,999 14 121
$600,000 thru $649,999 12 72
$650,000 thru $699,999 16 130
$700,000 thru $749,999 1 43
$750,000 thru $799,999 10 242
$800,000 thru $849,999 2 156
$850,000 thru $899,999 3 85
$900,000 thru $949,999 1 79
$950,000 thru $999,999 7 95
$1,000,000 thru $1,249,999 7 166
$1,250,000 thru $1,499,999 11 161
$1,500,000 thru $1,749,999 4 357
$1,750,000 thru $1,999,999 3 356
$2,000,000 thru $2,249,999 1 140
$2,250,000 thru $2,499,999 1 101
$2,500,000 thru $2,749,999 1 261
$3,000,000 thru $3,249,999 1 105
$3,250,000 thru $3,499,999 1 77
$3,500,000 thru $3,749,999 1 27
$10,000,000 or More 1 34
286 128
Summary Price Information
Minimum $47,000 Maximum $11,500,000
Average $614,553 Median $416,000
Pending
Listing Price Range Quantity Average DOM
$140,000 thru $159,999 3 105
$160,000 thru $179,999 1 76
$180,000 thru $199,999 1 101
$200,000 thru $249,999 8 102
$250,000 thru $299,999 14 96
$300,000 thru $349,999 14 77
$350,000 thru $399,999 15 134
$400,000 thru $449,999 11 101
$450,000 thru $499,999 6 95
$500,000 thru $549,999 5 98
$550,000 thru $599,999 8 86
$600,000 thru $649,999 5 146
$650,000 thru $699,999 1 83
$700,000 thru $749,999 2 229
$800,000 thru $849,999 2 43
$1,000,000 thru $1,249,999 1 116
$1,250,000 thru $1,499,999 1 100
$2,500,000 thru $2,749,999 1 75
$3,250,000 thru $3,499,999 1 108
100 104
Summary Price Information
Minimum $144,900 Maximum $3,295,000
Average $472,167 Median $381,000
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 ©2014 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

Area Market Survey
Summary

Listings as of 10/10/14 at 8:17am
Sold
Selling Price Range Quantity Average DOM
$80,000 thru $89,999 1 62
$100,000 thru $119,999 3 150
$120,000 thru $139,999 3 115
$140,000 thru $159,999 3 181
$160,000 thru $179,999 9 122
$180,000 thru $199,999 10 124
$200,000 thru $249,999 46 77
$250,000 thru $299,999 58 84
$300,000 thru $349,999 55 94
$350,000 thru $399,999 38 76
$400,000 thru $449,999 24 165
$450,000 thru $499,999 27 116
$500,000 thru $549,999 22 147
$550,000 thru $599,999 16 131
$600,000 thru $649,999 7 170
$650,000 thru $699,999 11 141
$700,000 thru $749,999 5 159
$750,000 thru $799,999 5 88
$800,000 thru $849,999 1 350
$850,000 thru $899,999 4 129
$900,000 thru $949,999 1 98
$1,000,000 thru $1,249,999 4 294
$1,250,000 thru $1,499,999 3 172
$1,750,000 thru $1,999,999 1 456
$2,000,000 thru $2,249,999 1 0
$3,500,000 thru $3,749,999 1 500
$5,000,000 thru $5,999,999 1 49
360 112
Summary Price Information
Minimum $87,500 Maximum $5,750,000
Average $425,945 Median $341,250
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 ©2014 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

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