South Lake Tahoe Real Estate Market Update, Mar. 4- Mar. 10
South Lake Tahoe saw 14 NEW Listings come on the market over the past week according to the South Tahoe Association of Realtors. Among these new listings, the lowest priced new listing is $159,000 for 2527 Elwood, a 1 bedroom, 1 bath Sierra Tract home with 520 sq. ft. The highest priced new listing is $729,000 for 2224 Inverness located within the Tahoe Keys with 5 bedrooms, 4 baths and 3025 sq. ft. The median listing price among this group was $379,000.
The good news is that there were 11 homes that went into ESCROW last week. Among these new escrows, the lowest priced home is $164,900 for a bank owned fixer at 2154 Washington, a 3 bedroom, 2 bath Tahoe Island home with 1537 sq. ft. Good job Casey with the Pinnacle Real Estate Group. The highest priced new escrow is $569,000 for 1765 Ababco, a 4 bedroom, 3 bath Tahoe Paradise home with 2200 sq. ft. The median pending asking price is $259,900 with an average time on market of 83 days.
Congrats go out the the new buyers and sellers of the 5 CLOSED sales this past week. The lowest sale price was $211,000 for 854 Tata, a 2 bedroom, 0.75 bath and 864 sq. ft. The highest sale price was $510,000 for 1357 Gilmore Lake, a 4 bedroom, 4 bath Bijou home with 3406 sq. ft. (congratulations to Pinnacle for representing both sides of the sale). The median sale price was $351,000 with an average time on the market of 58 days.
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South Lake Tahoe Real Estate Market Update, Feb. 18- Mar.3
It has been a rather busy couple of weeks here in the South Lake Tahoe real estate market. According to the South Tahoe Association of Realtors, the South Lake Tahoe real estate market showed 21 NEW LISTINGS over the past 2 weeks. Among this most recent activity, the lowest priced new listing is $185,000 for 837 Tata, a 2 bedroom, 1 bath with 672 square feet. The highest priced new listing is $1,400,000 for 1707 Sherman, a 7 bedroom, 4 bath with 4000 square feet. The median listing price was $399,000.
Now, check this out! There were 29 homes that went into ESCROW in the last 2 weeks. The lowest priced new escrow is $99,000 for 2196 Big Pine, a 1 bedroom, 1 bath with 475 square feet. The highest priced new escrow is $739,000 for 236 Uplands (yeah Pinnacle for representing both the buyer and the seller), a 4 bedroom, 2.5 bath with 3111 square feet. The median pending sale price is $334,500 with an average time on market of 63 days.
The market continues to show signs of leveling with 15 CLOSED SALES over the past 2 weeks and a variety of styles and price ranges benefitted. The lowest sale price was $75,000 for 1281 Bonanza #5, a 2 bedroom, 1 bath with 840 square feet. The highest sale price was $925,000 for 4135 Saddle, a 2 bedroom, 2 bath with 1874 square feet. This home sat on a knoll with nearly an acre of land and majestic lake views. Once the new owners are done with their project, they will have magic on their hands. Wrapping up the story for the past couple of weeks, the median sale price was $315,750 and the average time on the market (including the escrow period) was 140 days.
South Lake Tahoe Real Estate Market Update, Feb. 4- Feb. 12
According to the South Tahoe Association of Realtors, the South Lake Tahoe real estate market showed 12 NEW LISTINGS this past week, down from the previous week’s 30. The lowest priced new listing is $154,440 for 1032 Ham, a 2 bedroom, 1 bath with 720 square feet. The highest priced new listing is $1,250,000 for 483 Lido, a 3 bedroom, 2.5 bath with 2651 square feet. This week’s median listing price is $379,700.
There were 14 homes that went into ESCROW this past week, up from the previous week’s 9. The lowest priced new escrow is $165,000 for 2695 Armstrong, a 2 bedroom, 2 bath with 912 square feet. The highest priced new escrow is $1,195,000 for 1934 Marconi, a 4 bedroom, 3 bath with 2628 square feet. The median pending sale price is $341,890 with an average time on market of 98 days.
The number of closed sales this past week was 10, down one from the previous week. The lowest sale price was $172,100 for 1964 Cherokee, a 3 bedroom, 2 bath with 1088 square feet. The highest sale price was $775,000 for 2341 Cold Creek, a 4 bedroom, 3.75 bath with 2703 square feet. The median sale price was $307,000 and the average time on the market (including the escrow period) was 101 days.
South Lake Tahoe Real Estate Market Update, Jan. 28- Feb. 3
According to the South Tahoe Association of Realtors, the South Lake Tahoe real estate market showed 30 NEW LISTINGS this past week, up from the previous week’s 9. The lowest priced new listing is $139,900 for 3305 Treehaven #1, a 2 bedroom, 1.5 bath duplex with 960 square feet. The highest priced new listing is $1,988,000 for 3371 Lake Tahoe Blvd. #10, a 4 bedroom, 4 bath lake front townhouse with 3387 square feet. This week’s median listing price is $392,000.
There were 9 homes that went into ESCROW this past week, down from the previous week’s 11. The lowest priced new escrow is $194,000 for 1191 Dedi, a 3 bedroom, 2 bath with 1092 square feet. The highest priced new escrow is $1,395,000 for 468 Lido, a 3 bedroom, 2.5 bath with 2648 square feet. The median pending sale price is $390,000 with an average time on market of 101 days.
The number of closed sales this past week was 11, the same as the previous week. The lowest sale price was $150,000 for 953 Tallac, a 1 bedroom, 1 bath with 420 square feet. The highest sale price was $775,000 for 2341 Cold Creek, a 4 bedroom, 3.75 bath with 2703 square feet. The median sale price was $280,000 and the average time on the market (including the escrow period) was 83 days. To learn more about the South Tahoe real estate market, be sure to visit our website.
South Lake Tahoe Real Estate Market Update, Jan. 7- Jan. 13
We’re back in action! The South Lake Tahoe real estate market showed 23 NEW LISTINGS this past week, up from the previous week’s 8. The lowest priced new listing is $165,000 for 2695 Armstrong, a 2 bedroom, 2 bath with 912 square feet. The highest priced new listing is $749,000 for 1566 Ojibwa, a 4 bedroom, 3.5 bath with 3137 square feet. This week’s median listing price is $349,000.
There were 10 homes that went into ESCROW this past week, up from the previous week’s 8. The lowest priced new escrow is $81,000 for 1281 Bonanza #5, a 2 bedroom, 1 bath with 840 square feet. The highest priced new escrow is $899,000 for 2341 Cold Creek, a 4 bedroom, 3.75 bath with 2703 square feet. The median pending sale price is $385,845 with an average time on market of 60 days.
The number of closed sales this past week was 6, down from the previous week’s 9. The lowest sale price was $260,000 for 1815 Apalachee, a 3 bedroom, 2 bath with 1080 square feet. The highest sale price was $450,000 for 779 Algonquin, a 4 bedroom, 3 bath with 2464 square feet. The median sale price was $376,050 and the average time on the market (including the escrow period) was 207 days.
You can learn more about these neighborhoods by visiting our website.