Weekly South Lake Tahoe Home Sale Report for 3/23/17

March 23, 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 South Lake Tahoe home sales have managed to push ahead of last year despite the extremely low inventory! This past week the there were 16 completed sales for a year to date total of 129. This is now 2.4% ahead of last year! The lowest sale was a condo on Wildwood for $215,000. Half of the sales were above $500,000. The top three sales were on Cherokee St for $560,000, Sutter Tr for $635,000 and Lupine Tr for $860,000. This had increased the 6 month average sales price by .3% to $501,200. The average days on market are 125.

This past week the number of South Lake Tahoe homes for sale had increased by 6 for a total of 109. This is 37% lower than last year! The pending sales had decreased by 3 for a total of 80. This is 16.7% below last year! There are now 1 bank owned foreclosure and 1 short sale available on the market! This is looking like a sellers’ 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 03/23/17 at 7:31pm
Active
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 11
$140,000 thru $159,999 1 665
$200,000 thru $249,999 5 64
$250,000 thru $299,999 2 43
$300,000 thru $349,999 8 141
$350,000 thru $399,999 8 131
$400,000 thru $449,999 9 44
$450,000 thru $499,999 6 73
$500,000 thru $549,999 2 43
$550,000 thru $599,999 6 89
$600,000 thru $649,999 3 110
$650,000 thru $699,999 3 69
$700,000 thru $749,999 6 126
$750,000 thru $799,999 7 100
$800,000 thru $849,999 3 60
$850,000 thru $899,999 3 405
$900,000 thru $949,999 1 107
$950,000 thru $999,999 6 276
$1,000,000 thru $1,249,999 10 260
$1,250,000 thru $1,499,999 9 179
$1,500,000 thru $1,749,999 3 250
$1,750,000 thru $1,999,999 1 336
$2,000,000 thru $2,249,999 2 284
$2,500,000 thru $2,749,999 1 633
$3,750,000 thru $3,999,999 2 170
$6,000,000 thru $6,999,999 1 182
  109 155
 
Summary Price Information
Minimum $132,900 Maximum $6,800,000
Average $886,762 Median $700,000
Pending
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 82
$140,000 thru $159,999 1 63
$200,000 thru $249,999 1 61
$250,000 thru $299,999 8 105
$300,000 thru $349,999 10 173
$350,000 thru $399,999 12 109
$400,000 thru $449,999 7 106
$450,000 thru $499,999 6 83
$500,000 thru $549,999 3 177
$550,000 thru $599,999 5 55
$600,000 thru $649,999 3 106
$650,000 thru $699,999 7 139
$700,000 thru $749,999 4 191
$750,000 thru $799,999 1 41
$800,000 thru $849,999 1 134
$850,000 thru $899,999 1 279
$950,000 thru $999,999 1 6
$1,000,000 thru $1,249,999 3 374
$1,250,000 thru $1,499,999 2 126
$1,750,000 thru $1,999,999 2 299
$2,250,000 thru $2,499,999 1 178
  80 135
 
Summary Price Information
Minimum $129,000 Maximum $2,350,000
Average $582,262 Median $449,500
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 ©2017 Rapattoni Corporation. All rights reserved.
U.S. Patent 6,910,045
 

Area Market Survey
Summary

Listings as of 03/23/17 at 7:31pm
Sold
Selling Price Range Quantity Average DOM
$100,000 thru $119,999 2 501
$120,000 thru $139,999 1 477
$140,000 thru $159,999 1 213
$160,000 thru $179,999 2 114
$180,000 thru $199,999 3 201
$200,000 thru $249,999 18 90
$250,000 thru $299,999 36 102
$300,000 thru $349,999 47 136
$350,000 thru $399,999 52 110
$400,000 thru $449,999 35 138
$450,000 thru $499,999 32 123
$500,000 thru $549,999 27 107
$550,000 thru $599,999 18 91
$600,000 thru $649,999 17 108
$650,000 thru $699,999 16 142
$700,000 thru $749,999 16 125
$750,000 thru $799,999 11 96
$800,000 thru $849,999 5 110
$850,000 thru $899,999 3 154
$900,000 thru $949,999 3 172
$950,000 thru $999,999 1 47
$1,000,000 thru $1,249,999 6 213
$1,250,000 thru $1,499,999 3 249
$1,500,000 thru $1,749,999 2 142
$1,750,000 thru $1,999,999 1 545
$2,000,000 thru $2,249,999 3 119
$2,750,000 thru $2,999,999 1 0
  362 125
 
Summary Price Information
Minimum $106,700 Maximum $2,800,000
Average $501,200 Median $425,750
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 3/17/17

March 18, 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 home sales are moving forward at a steady rate but slightly slower than last year! There were 6 completed sales this past week for a total of 113 sales. This is down from last year by 4.2%! The lowest sale was on Knox Ave for $299,000. There were only two sales above 305,000 and that was a home on Eloise Ave for $449,000 and Marconi Way for $900,000. This had slightly decreased the 6 month average sales price by $117. The average days on market are 123 days.

The number of South Lake Tahoe homes for sale had decreased by 1 for a total of 106. This is down by 37.3% from last year! There is only 1 home available under $300,000. The number of pending sales is down by 1 for a total of 83. This is down by 14.4% from last year. There are now 2 short sales and 1 bank owned foreclosure 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.

Listings per Status

Area Market Survey
Summary

Listings as of 03/17/17 at 12:42pm
Active
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 5
$140,000 thru $159,999 1 659
$200,000 thru $249,999 6 51
$250,000 thru $299,999 1 75
$300,000 thru $349,999 7 141
$350,000 thru $399,999 10 101
$400,000 thru $449,999 6 58
$450,000 thru $499,999 5 81
$500,000 thru $549,999 3 142
$550,000 thru $599,999 5 79
$600,000 thru $649,999 5 113
$650,000 thru $699,999 2 97
$700,000 thru $749,999 5 144
$750,000 thru $799,999 6 130
$800,000 thru $849,999 3 54
$850,000 thru $899,999 1 960
$950,000 thru $999,999 7 265
$1,000,000 thru $1,249,999 11 240
$1,250,000 thru $1,499,999 10 171
$1,500,000 thru $1,749,999 4 249
$1,750,000 thru $1,999,999 1 330
$2,000,000 thru $2,249,999 2 278
$2,500,000 thru $2,749,999 1 627
$3,750,000 thru $3,999,999 2 164
$6,000,000 thru $6,999,999 1 176
  106 162
 
Summary Price Information
Minimum $132,900 Maximum $6,800,000
Average $911,293 Median $704,500
Pending
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 76
$140,000 thru $159,999 1 57
$200,000 thru $249,999 2 77
$250,000 thru $299,999 9 135
$300,000 thru $349,999 12 214
$350,000 thru $399,999 12 121
$400,000 thru $449,999 9 115
$450,000 thru $499,999 6 77
$500,000 thru $549,999 2 105
$550,000 thru $599,999 6 86
$600,000 thru $649,999 3 109
$650,000 thru $699,999 7 133
$700,000 thru $749,999 3 246
$750,000 thru $799,999 1 35
$800,000 thru $849,999 1 128
$850,000 thru $899,999 1 273
$1,000,000 thru $1,249,999 3 368
$1,250,000 thru $1,499,999 1 92
$1,750,000 thru $1,999,999 2 293
$2,250,000 thru $2,499,999 1 172
  83 146
 
Summary Price Information
Minimum $129,000 Maximum $2,350,000
Average $549,807 Median $439,000
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 03/17/17 at 12:42pm
Sold
Selling Price Range Quantity Average DOM
$100,000 thru $119,999 2 501
$120,000 thru $139,999 1 477
$140,000 thru $159,999 1 213
$160,000 thru $179,999 3 161
$180,000 thru $199,999 3 201
$200,000 thru $249,999 19 98
$250,000 thru $299,999 36 94
$300,000 thru $349,999 45 120
$350,000 thru $399,999 52 109
$400,000 thru $449,999 33 138
$450,000 thru $499,999 33 135
$500,000 thru $549,999 26 106
$550,000 thru $599,999 17 78
$600,000 thru $649,999 16 112
$650,000 thru $699,999 16 142
$700,000 thru $749,999 16 125
$750,000 thru $799,999 12 99
$800,000 thru $849,999 5 110
$850,000 thru $899,999 2 231
$900,000 thru $949,999 3 172
$950,000 thru $999,999 1 47
$1,000,000 thru $1,249,999 6 213
$1,250,000 thru $1,499,999 3 249
$1,500,000 thru $1,749,999 2 142
$1,750,000 thru $1,999,999 1 545
$2,000,000 thru $2,249,999 3 119
$2,750,000 thru $2,999,999 1 0
  358 123
 
Summary Price Information
Minimum $106,700 Maximum $2,800,000
Average $499,774 Median $419,000
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 Lake Tahoe Home Sale Report for the Nevada East Shore 3/5/17

March 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 home sales on the Lake Tahoe east shore of Nevada are doing better this year despite the record snow! There were 2 completed sales this past week for a year to date total of 28 sales. This is up by 27.3%! The sales were a town home on Clubhouse Ave for $375,000 and a single family home for $486,000. In the last couple of weeks the 6 month average sales price had decreased by 4.7% to $938,660. The average days on market are 198.

The number of Lake Tahoe homes for sale on the Nevada east shore had remained the same for a total of 104. This is down by 16.1% from last year! The number of pending sales had decreased by 3 for a total of 28. This is down by 17.6% from last year. There are now no bank owned foreclosures and no short sales 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 for 3/13/17

March 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!

A record snow year and a low home sale inventory hasn’t deterred buyers this year! This past week there were 3 completed sales for a year-to-date total of 31 sales. This is up by 19.2% from last year! The lowest sale was a town home in Lake Village for $280,000. Another town home in Pinewild had sold for $605,000. The top sale was a single family home on Cheyenne Way for $785,000. The 6 month average sales price had decreased by 6.9% to $874,253. The average days on market are 194.

This past week the number of Lake Tahoe homes for sale on the Nevada east shore had increased by 2 for a total of 106. This is down by 13.8% from last year! The pending sales had increased by 1 for a total of 26. This is down by 18.8% from last year! 

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 3/13/17

March 13, 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.

Spring like weather is bringing the buyers into South Lake Tahoe! This past week there were 11 completed sales for a year-to-date total of 107 sales. This is down from last year by 4.5%. The lowest sale was on Osborne Ave for $224,900. The majority of the sales did occur below $$400,000. The top three sales were on Daggett Ct for $680,000, Crystal Air Dr for $720,000 and Pasadena Ave for $1,560,000. The sales were enough to increase the 6 month average sales price by .5%. The average days on market are 123 days.

The number of South Lake Tahoe homes for sale had decreased this past week by 7 for a total of 107. The inventory of homes for sale is below last year by 38.9%! Low inventory and record snow levels had contributed to the slower sales so far this year. This past week the pending sales did increase with the break in the weather by 8 for a total of 84. This is down from last year by 7.7%. There are no bank owned foreclosures and only 2 short sales 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 03/13/17 at 11:41am
Active
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 1
$140,000 thru $159,999 1 655
$200,000 thru $249,999 5 57
$250,000 thru $299,999 2 131
$300,000 thru $349,999 8 127
$350,000 thru $399,999 10 97
$400,000 thru $449,999 5 64
$450,000 thru $499,999 6 112
$500,000 thru $549,999 2 208
$550,000 thru $599,999 6 65
$600,000 thru $649,999 5 109
$650,000 thru $699,999 2 93
$700,000 thru $749,999 5 140
$750,000 thru $799,999 7 139
$800,000 thru $849,999 3 50
$850,000 thru $899,999 1 956
$950,000 thru $999,999 7 261
$1,000,000 thru $1,249,999 11 236
$1,250,000 thru $1,499,999 9 169
$1,500,000 thru $1,749,999 4 245
$1,750,000 thru $1,999,999 1 326
$2,000,000 thru $2,249,999 2 274
$2,500,000 thru $2,749,999 1 623
$3,750,000 thru $3,999,999 2 160
$6,000,000 thru $6,999,999 1 172
  107 163
 
Summary Price Information
Minimum $132,900 Maximum $6,800,000
Average $901,758 Median $700,000
Pending
Listing Price Range Quantity Average DOM
$120,000 thru $139,999 1 72
$140,000 thru $159,999 1 53
$200,000 thru $249,999 2 73
$250,000 thru $299,999 11 107
$300,000 thru $349,999 12 223
$350,000 thru $399,999 12 125
$400,000 thru $449,999 10 129
$450,000 thru $499,999 5 31
$500,000 thru $549,999 2 101
$550,000 thru $599,999 5 96
$600,000 thru $649,999 3 105
$650,000 thru $699,999 6 150
$700,000 thru $749,999 3 242
$750,000 thru $799,999 1 31
$800,000 thru $849,999 1 124
$850,000 thru $899,999 1 269
$900,000 thru $949,999 1 73
$1,000,000 thru $1,249,999 3 364
$1,250,000 thru $1,499,999 1 88
$1,750,000 thru $1,999,999 2 289
$2,250,000 thru $2,499,999 1 168
  84 144
 
Summary Price Information
Minimum $129,000 Maximum $2,350,000
Average $546,535 Median $425,000
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 03/13/17 at 11:41am
Sold
Selling Price Range Quantity Average DOM
$100,000 thru $119,999 2 501
$120,000 thru $139,999 1 477
$140,000 thru $159,999 1 213
$160,000 thru $179,999 3 161
$180,000 thru $199,999 3 201
$200,000 thru $249,999 19 98
$250,000 thru $299,999 37 95
$300,000 thru $349,999 45 120
$350,000 thru $399,999 56 110
$400,000 thru $449,999 32 133
$450,000 thru $499,999 33 135
$500,000 thru $549,999 27 104
$550,000 thru $599,999 17 78
$600,000 thru $649,999 16 112
$650,000 thru $699,999 17 136
$700,000 thru $749,999 16 125
$750,000 thru $799,999 13 95
$800,000 thru $849,999 5 110
$850,000 thru $899,999 2 231
$900,000 thru $949,999 2 220
$950,000 thru $999,999 1 47
$1,000,000 thru $1,249,999 7 213
$1,250,000 thru $1,499,999 3 249
$1,500,000 thru $1,749,999 2 142
$1,750,000 thru $1,999,999 1 545
$2,000,000 thru $2,249,999 3 119
$2,750,000 thru $2,999,999 1 0
  365 123
 
Summary Price Information
Minimum $106,700 Maximum $2,800,000
Average $499,891 Median $415,700
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

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