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.

Weekly South Lake Tahoe Home Sale Report for 10/6/16

October 17, 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 is still humming away! This past week there were 22 sales for a year to date total of 595 sales. This is up 8.7% from last year. The lowest sale was a condo on Wildwood for $179,000. The majority of the sales were below $400,000. The top three sales were on Prospector Tr $712,500, Jacarillo Tr for $730,000 and Han St for $1,410,000. The 6 month average sales price remained very close to the previous week at $485,933. The average days on market are 106 days.

The number of South Lake Tahoe homes for sale had decreased by 11 for a total of 253. This is down by 15.1% from last year. The number of pending sales is up by 1 for a total of 132 escrows. There are now 1 bank owned foreclosure and 1 short sale currently 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.

Weekly South Lake Tahoe Home Sale Report for 7/29/16

August 7, 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 on the south shore of Lake Tahoe continues to steam forward! This past week there were 18 completed sales for a year-to-date total of 411 sales. The lowest sale was a condo at the St Francis for $119,000. Most of the sales were below $400,000. The top three sales were on Blackwood Rd for $455,000, Bernice Ln for $585,000 and Meyers Rd for $1,995,000. With the lower sales the 6 month average sales price did decrease by 1.3% to $472,703. The average days on market are 128 days.

The number of South Lake Tahoe homes for sale had increased by 3 for a total of 283 homes. The pending sales had also increased by 5 for total of 135 escrows. There are now 1 bank owned 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 07/29/16 at 10:11am
Active
Listing Price Range Quantity Average DOM
$100,000 thru $119,999 1 629
$120,000 thru $139,999 2 258
$140,000 thru $159,999 1 434
$160,000 thru $179,999 1 462
$180,000 thru $199,999 3 81
$200,000 thru $249,999 6 47
$250,000 thru $299,999 14 61
$300,000 thru $349,999 26 124
$350,000 thru $399,999 29 62
$400,000 thru $449,999 23 50
$450,000 thru $499,999 31 96
$500,000 thru $549,999 13 37
$550,000 thru $599,999 16 50
$600,000 thru $649,999 8 81
$650,000 thru $699,999 14 90
$700,000 thru $749,999 9 122
$750,000 thru $799,999 20 84
$800,000 thru $849,999 4 84
$850,000 thru $899,999 8 176
$900,000 thru $949,999 2 72
$950,000 thru $999,999 6 291
$1,000,000 thru $1,249,999 12 269
$1,250,000 thru $1,499,999 11 107
$1,500,000 thru $1,749,999 7 143
$1,750,000 thru $1,999,999 6 106
$2,000,000 thru $2,249,999 3 53
$2,250,000 thru $2,499,999 1 27
$2,500,000 thru $2,749,999 2 263
$2,750,000 thru $2,999,999 1 763
$3,750,000 thru $3,999,999 2 77
$4,750,000 thru $4,999,999 1 44
283 106
Summary Price Information
Minimum $113,000 Maximum $4,750,000
Average $720,851 Median $519,000
Pending
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 2 122
$140,000 thru $159,999 2 8
$160,000 thru $179,999 4 107
$180,000 thru $199,999 4 81
$200,000 thru $249,999 4 46
$250,000 thru $299,999 8 126
$300,000 thru $349,999 15 87
$350,000 thru $399,999 20 79
$400,000 thru $449,999 17 116
$450,000 thru $499,999 18 52
$500,000 thru $549,999 5 56
$550,000 thru $599,999 6 67
$600,000 thru $649,999 8 64
$650,000 thru $699,999 5 66
$700,000 thru $749,999 1 70
$750,000 thru $799,999 4 89
$800,000 thru $849,999 1 59
$850,000 thru $899,999 1 169
$950,000 thru $999,999 1 69
$1,000,000 thru $1,249,999 3 56
$1,250,000 thru $1,499,999 2 126
$1,500,000 thru $1,749,999 2 207
$2,000,000 thru $2,249,999 1 47
$2,250,000 thru $2,499,999 1 64
135 83
Summary Price Information
Minimum $122,000 Maximum $2,250,000
Average $505,971 Median $429,900
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 07/29/16 at 10:11am
Sold
Selling Price Range Quantity Average DOM
$90,000 thru $99,999 1 88
$100,000 thru $119,999 5 110
$120,000 thru $139,999 5 182
$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 19 112
$250,000 thru $299,999 35 104
$300,000 thru $349,999 57 129
$350,000 thru $399,999 54 88
$400,000 thru $449,999 41 118
$450,000 thru $499,999 22 146
$500,000 thru $549,999 25 123
$550,000 thru $599,999 22 137
$600,000 thru $649,999 16 138
$650,000 thru $699,999 11 177
$700,000 thru $749,999 10 198
$750,000 thru $799,999 8 161
$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
$1,750,000 thru $1,999,999 1 225
$8,000,000 thru $8,999,999 1 591
372 128
Summary Price Information
Minimum $96,075 Maximum $8,500,000
Average $472,703 Median $392,000
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 5/26/16

June 2, 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 heating up! This past week there were 2 completed sales for a year-to-date total of 64 sales. The sales are now outpacing last year by 16.4%. The sales were a townhome on Snowbird Court for $425,000 and a lake front home on Douglas Blvd for $4,750,000. The high end sale had dramatically increased the 6 month average sales price by 7.4% to $702,190. The average days on market are 217 days.

The number of Lake Tahoe homes for sale on the Nevada east shore is struggling to grow! It had decreased by 4 for a total of 150 homes and condos available on the market. The pending sales had increased by 1 for a total of 38. This is up by 35.7% from last year. There are 2 short sales 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.

Tahoe Condo for Sale!

April 1, 2016

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This is one of the most affordable homes for sale in South Lake Tahoe! The St Francis condominiums are located on the edge of the US Forest Service land. It’s also just a short distance to some of Lake Tahoe’s finest beaches which includes Pope beach and Camp Richardson. From the forest you can hike or bike for miles.

You’ll feel relaxed in this 1 bedroom and 1 bath condominium. It also comes with covered parking! With an asking price of $145,000, you won’t find a better opportunity to own a piece of Lake Tahoe. Your getaway starts here. At this price, you could afford to live here!

For more information, contact your South Lake Tahoe real estate agent, Jim Wire at 230-314-9008 or email to jim@hotwiretotahoe.com.

 

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