Weekly Lake Tahoe Home Sale Report for the Nevada East Shore 1/8/17!

January 17, 2017

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 carrying momentum into the new year! There were 2 completed sales for a year to date total of 2 sales. This is down by 33.3% from last year! The sales were a couple of town homes on Milky Way Ct for $337,000 and Pinewild for $1,410,000. This had increased the 6 month average sales price by .5% to $972,356. The days on market are 187.

The number of Lake Tahoe homes for sale had decreased by 5 this past week for a total of 120. This is down by 4.8% from last year! The number of pending sales is up by 4 for a total of 31. There are now 2 bank owned foreclosures and 1 short sale 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 Lake Tahoe Home Sale Report for the Nevada East Shore 1/16/17!

January 17, 2017

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!

This past week the big snow storm and the lack of inventory has the sellers feeling the winter heat as the Lake Tahoe home sales on the Nevada east shore continues its streak! There were 2 completed sales for a year to date total of 4 sales. This is down by 42.9% from last year but will only be a temporary dip! The sales were on Terrace View for $490,000 and Glenbrook House Rd for $1,400,000. This had increased the 6 month average sales price by 3.7% to $1,008,702. The average days on market are 191 days.

The number of Lake Tahoe homes for sale on the Nevada east shore had decreased by 3 for a total of 117. This is down by 14% from last year! The number of pending sales had remained the same for a total of 31. There are now 1 bank owned foreclosure and 1 short sale available on the market. With low interest rates and a big snow year, don’t get caught without your mountain home!

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 1/16/17

January 17, 2017

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.

Last week, Tahoe received over 4 feet of snow in just 3 days! The lake level is now 1.5 feet above the natural rim. Normal levels could happen after the snow melt in the spring. All the snow has not slowed the sales! This past week there were 14 completed sales for a year to date total of 25 sales. This is 56.3% above last year! The lowest sale was on Armstrong Ave for $330,000. Half of the sales did fall below $430,000. The top three sales were on Uplands Way for $770,000, Kickapoo St for $805,000 and Skyline Dr for $1,349,000. The average days on market are 112 days.

The number of South Lake Tahoe homes for sale had decreased by 9 for a total of 144. This is 21.7% below last year! The number of pending escrows decreased by 1 for a total 70. This is a good time for sellers as buyers are climbing snow banks to find properties! There are is only 1 short sale currently on the market and no bank owned foreclosures. This is a good time for sellers to market your home!

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 01/16/17 at 6:51pm
Active
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 16
$140,000 thru $159,999 1 599
$180,000 thru $199,999 1 115
$200,000 thru $249,999 4 81
$250,000 thru $299,999 7 79
$300,000 thru $349,999 14 214
$350,000 thru $399,999 18 115
$400,000 thru $449,999 7 151
$450,000 thru $499,999 10 128
$500,000 thru $549,999 6 80
$550,000 thru $599,999 5 104
$600,000 thru $649,999 2 79
$650,000 thru $699,999 7 153
$700,000 thru $749,999 6 194
$750,000 thru $799,999 8 79
$800,000 thru $849,999 2 66
$850,000 thru $899,999 3 450
$900,000 thru $949,999 1 17
$950,000 thru $999,999 6 247
$1,000,000 thru $1,249,999 11 205
$1,250,000 thru $1,499,999 12 135
$1,500,000 thru $1,749,999 4 177
$1,750,000 thru $1,999,999 2 288
$2,000,000 thru $2,249,999 2 218
$2,500,000 thru $2,749,999 1 567
$3,750,000 thru $3,999,999 2 104
$6,000,000 thru $6,999,999 1 116
  144 156
 
Summary Price Information
Minimum $129,000 Maximum $6,800,000
Average $814,743 Median $592,500
Pending
Listing Price Range Quantity Average DOM
$200,000 thru $249,999 1 126
$250,000 thru $299,999 10 102
$300,000 thru $349,999 10 99
$350,000 thru $399,999 13 99
$400,000 thru $449,999 10 213
$450,000 thru $499,999 6 118
$550,000 thru $599,999 1 53
$600,000 thru $649,999 3 116
$650,000 thru $699,999 4 132
$700,000 thru $749,999 1 116
$750,000 thru $799,999 2 78
$800,000 thru $849,999 1 68
$950,000 thru $999,999 1 235
$1,000,000 thru $1,249,999 2 536
$1,250,000 thru $1,499,999 1 201
$1,500,000 thru $1,749,999 1 74
$1,750,000 thru $1,999,999 2 233
$2,250,000 thru $2,499,999 1 112
  70 138
 
Summary Price Information
Minimum $239,000 Maximum $2,350,000
Average $562,331 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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045
 

Area Market Survey
Summary

Listings as of 01/16/17 at 6:51pm
Sold
Selling Price Range Quantity Average DOM
$90,000 thru $99,999 1 88
$100,000 thru $119,999 4 316
$120,000 thru $139,999 2 273
$140,000 thru $159,999 3 93
$160,000 thru $179,999 7 139
$180,000 thru $199,999 7 118
$200,000 thru $249,999 19 94
$250,000 thru $299,999 46 95
$300,000 thru $349,999 46 119
$350,000 thru $399,999 69 90
$400,000 thru $449,999 37 113
$450,000 thru $499,999 38 112
$500,000 thru $549,999 30 103
$550,000 thru $599,999 22 89
$600,000 thru $649,999 22 102
$650,000 thru $699,999 17 109
$700,000 thru $749,999 15 140
$750,000 thru $799,999 13 101
$800,000 thru $849,999 4 97
$850,000 thru $899,999 3 221
$900,000 thru $949,999 2 220
$950,000 thru $999,999 3 59
$1,000,000 thru $1,249,999 7 181
$1,250,000 thru $1,499,999 4 209
$1,500,000 thru $1,749,999 1 42
$1,750,000 thru $1,999,999 3 286
$2,000,000 thru $2,249,999 3 119
$2,750,000 thru $2,999,999 1 0
  429 112
 
Summary Price Information
Minimum $96,075 Maximum $2,800,000
Average $489,210 Median $410,000
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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

Weekly South Lake Tahoe Home Sale Report for 1/8/17

January 8, 2017

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 New Year is off to a good start for home sales in South Lake Tahoe! This past week there were 11 completed sales for a year to date total of 11. This is up by 37.5% from last year! The lowest sale was on Armstrong Ave for $330,000. Half of the sales were below $420,000. The top three sales were on Pioneer Tr for $475,000, Grass Lake Rd for $525,000 and Lester St for $601,500. This had decreased the 6 month average sales price by .2% to $487,624. The average days on market are 107 days.

The number of South Lake Tahoe homes for sales is up by 8 this past week for a total of 153 homes and condos. This is down by 15.9% from last year! The number of pending sale is down by 7 for a total of 71. There are currently no bank owned foreclosures on the market but there are 3 short sales available. Interest rates have creeped up but they are historically low.

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 01/08/17 at 11:52am
Active
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 8
$140,000 thru $159,999 1 591
$180,000 thru $199,999 1 107
$200,000 thru $249,999 4 73
$250,000 thru $299,999 7 57
$300,000 thru $349,999 16 198
$350,000 thru $399,999 20 103
$400,000 thru $449,999 11 197
$450,000 thru $499,999 11 111
$500,000 thru $549,999 4 96
$550,000 thru $599,999 6 88
$600,000 thru $649,999 3 141
$650,000 thru $699,999 8 148
$700,000 thru $749,999 6 186
$750,000 thru $799,999 7 68
$800,000 thru $849,999 2 58
$850,000 thru $899,999 3 442
$900,000 thru $949,999 1 9
$950,000 thru $999,999 6 239
$1,000,000 thru $1,249,999 10 194
$1,250,000 thru $1,499,999 12 138
$1,500,000 thru $1,749,999 4 169
$1,750,000 thru $1,999,999 3 259
$2,000,000 thru $2,249,999 2 210
$2,500,000 thru $2,749,999 1 559
$3,750,000 thru $3,999,999 2 96
$6,000,000 thru $6,999,999 1 108
  153 152
 
Summary Price Information
Minimum $129,000 Maximum $6,800,000
Average $796,085 Median $564,900
Pending
Listing Price Range Quantity Average DOM
$200,000 thru $249,999 1 118
$250,000 thru $299,999 10 104
$300,000 thru $349,999 9 216
$350,000 thru $399,999 13 99
$400,000 thru $449,999 6 177
$450,000 thru $499,999 9 109
$500,000 thru $549,999 2 118
$550,000 thru $599,999 1 61
$600,000 thru $649,999 1 50
$650,000 thru $699,999 3 108
$700,000 thru $749,999 2 191
$750,000 thru $799,999 3 118
$800,000 thru $849,999 2 79
$950,000 thru $999,999 1 227
$1,000,000 thru $1,249,999 3 428
$1,250,000 thru $1,499,999 2 226
$1,500,000 thru $1,749,999 1 66
$1,750,000 thru $1,999,999 1 233
$2,250,000 thru $2,499,999 1 104
  71 146
 
Summary Price Information
Minimum $239,000 Maximum $2,350,000
Average $576,680 Median $414,900
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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045
 

Area Market Survey
Summary

Listings as of 01/08/17 at 11:52am
Sold
Selling Price Range Quantity Average DOM
$90,000 thru $99,999 1 88
$100,000 thru $119,999 4 316
$120,000 thru $139,999 2 273
$140,000 thru $159,999 3 93
$160,000 thru $179,999 7 139
$180,000 thru $199,999 7 118
$200,000 thru $249,999 19 94
$250,000 thru $299,999 47 95
$300,000 thru $349,999 44 98
$350,000 thru $399,999 70 88
$400,000 thru $449,999 39 104
$450,000 thru $499,999 40 108
$500,000 thru $549,999 29 105
$550,000 thru $599,999 26 103
$600,000 thru $649,999 22 102
$650,000 thru $699,999 17 109
$700,000 thru $749,999 15 125
$750,000 thru $799,999 12 91
$800,000 thru $849,999 3 97
$850,000 thru $899,999 3 221
$900,000 thru $949,999 2 220
$950,000 thru $999,999 3 59
$1,000,000 thru $1,249,999 8 172
$1,250,000 thru $1,499,999 3 191
$1,500,000 thru $1,749,999 1 42
$1,750,000 thru $1,999,999 3 286
$2,000,000 thru $2,249,999 3 119
$2,750,000 thru $2,999,999 1 0
  434 107
 
Summary Price Information
Minimum $96,075 Maximum $2,800,000
Average $487,624 Median $414,250
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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045

Weekly Lake Tahoe Home Sale Report for the Nevada East Shore 1/1/17

January 3, 2017

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 in 2016 was the most impressive in years! This past week there were 3 completed sales for a year to date total of 212 sales. This is up by 30.9% from 2015. The home sales were on Andria Dr for $640,000, Sugar Pine Cr for $800,000 and Lakeview Blvd for $1,095,000. This had increased the 6 month average sales price by 1.1% to $967,681. The average days on market are 189.

The number of Lake Tahoe homes for sale on the Nevada east shore had decreased this past week by 10 for a total of 125. This is down by 13.8% from 2015. The number of pending sales remained the same for a total of 27. There are now 2 bank owned foreclosures and 1 short sale 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.

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