Currently there are 509 Active listings (single family and condo) and 118 Active Pending (in escrow) listings in South Lake Tahoe.

There were 38 properties that sold in the city and county neighborhoods of South Lake Tahoe July 1-31. 17 (44%) of the sales comprised of REO (bank owned) or short sales. The Statistics are as follows.
Avg. List Price $373,279
Avg. Sold Price $349,418
Avg. DOM(Days on Market) 154
Avg. SF (Sq. feet) 1556

% of Sold Price to List Price-
1-30 DOM- 98.75%
31-60 DOM- 101.88%
61-90 DOM- 96.31%
91-120 DOM- 95.84%
120+days- 88.79%

The median sales price in July for Single Family residences was $326,500, the same as June and a slight increase from January-May of this year. Currently the median home price is equal to where it was in January 2004.

Offered at $479,000

2888 Lakewood Circle

Charming home located on a quiet street in the desirable neighborhood of Highland Woods in South Lake Tahoe. Features include, newer roof, low-e vinyl windows, laminate flooring, open beam ceilings, spacious loft, sunny rooftop deck, storage shed and underground utilities. Easy access to the meadow, bike trails and the beautiful beaches of Lake Tahoe. This home is centrally located, close to Heavenly Ski Resort, restaurants, casinos, and shopping. Garage was converted to a bedroom which adds another 165SqFt. Ready to move in with furnishings,snowblower and a hot tub included.
This would make a perfect home for the young family or a wonderful vacation retreat.

3 Bedrooms
2 Baths
Offered at $315,000

Indefinitely- Carninval Cabaret - Starring Gypsy
Horizon Casino Resort (775)588-6211
Shows performed nightly Wed.-Sun 8 p.m Minors are welcome, but be advised there is some adult humor.

Mar 17
Celebrate St. Patrick’s Day at Blu Nightclub inside MontBleu Resort and Casino
Blu Nightclub - Inside MontBleu Resort
Stateline, NV 89449
Phone: (775) 588-3515

Mar 19
48th Annual Lake Valley Volunteer Firefighter’s Ball at MontBleu’s Grand Ballroom
MontBleu Casino Resort & Spa
Stateline, NV 89449
Phone: (530) 577-3737

Mar 20
Eric Burdon & The Animals at Harrah’s Lake Tahoe
Harrah’s Lake Tahoe
Stateline, NV 89449
Phone: (775) 588-6611

Mar 20
Polar Bear Plunge to benefit Special Olympics Northern CA
Zephyr Cove Resort
Zephyr Cove, NV 89448
Phone: (925) 944-8801 ext. 215

Mar 20
Free Spring Equinox Women’s Snowshoe Hike on the Tahoe Rim Trail
Lake Tahoe, NV
Phone: (775) 298-0012

Mar 21
Kinder Cup Challenge
Heavenly Mountain Resort
South Lake Tahoe, CA 96150
Phone: (775) 586-7000

Mar 22 - 26
College Week Discounted Ski + Snowboard Lift Tickets at Sierra Resort
Sierra at Tahoe, CA
Phone: (530) 543-5614

Mar 26
Signal Path at Blu Nightclub inside MontBleu Resort Casino & Spa
MontBleu Resort Casino & Spa
Stateline, NV 89449
Phone: (775) 588-3515

Mar 27
Thrice & Pepper Live Bands at MontBleu Resort Casino & Spa
MontBleu Theatre
Stateline, NV 89449
Phone: (775) 588-3515

Mar 27
The Celtic Tenors at Harrah’s Lake Tahoe
Harrah’s Lake Tahoe
Stateline, NV 89449
Phone: (775) 588-6611

Mar 27
The Backyard Bang Rail Jam featuring Thrice at MontBleu Resort Casino & Spa
MontBleu Casino Resort & Spa
Stateline, NV 89449
Phone: (530) 543-5614

Mar 29
Full Moon Snowshoe Trek on the Tahoe Rim Trail
Lake Tahoe, CA
Phone: (775) 298-0012

Currently there are 305 Active listings (single family and condo) and 58 Active Pending (in escrow) listings in South Lake Tahoe.

January 1 thru March 15 there were 90 properties that sold in the city and county neighborhoods of South Lake Tahoe. 51% of the sales comprised of either REO(bank owned) or short sales. 32 of these sales were REO(bank owned) and 14 were short sales.The Statistics are as follows.
Avg. List Price $400,619
Avg. Sold Price $380,101
Avg. DOM(Days on Market) 178
Avg. SF (Sq. feet) 1839
% of Sold Price to List Price-

1-30 DOM- 102.57%
31-60 DOM- 101.38%
61-90 DOM- 95.76%
91-120 DOM- 97.34%
120+days- 91.97%
Median List Price $319,450
Median Sold Price $317,250
ch Real Estate Market Update

Improving your home cost money, and everyone wants to ensure that they increase the resale value of their home and have the ability to recoup that cost when it is time to sale as well. There are certain areas of a home that can be remodeled and bring the greatest return on investment. One of these areas is curb appeal.

Homebuyers make their decision to view a property based on when they first see the house. The majority of the time it’s from a photo. In the past most homebuyers view of potential homes was from small black and white photos in a Real Estate magazine or newspaper. It was a level playing field. All the photos being viewed allowed small problems to be overlooked.

Things have changed in the internet age. With the majority of buyers shopping online for homes before they follow up with an actual visit, curb appeal is critical in online photographs. Online photos are larger and show more detail than the older methods of paper advertisement.

A large percentage of home buyers decide whether or not to look inside a house or take it seriously based on its curb photos. It doesn’t matter that you just spent $25,000 on a kitchen remodeling job. If their first impression of the curb photos is not a favorable one, you probably will not get them to view the inside of your home.

It’s difficult to look at our house in the same way that potential home buyers do, because when we become accustomed to the way something looks and functions, we can’t see its flaws. To help you see what your house would look like to a potential buyer or your neighbors, try this exercise.

The next time you come home, stop across the street or far enough down the driveway to get a good view of the house and the surrounding area.
1. What is your first impression of the house and yard area?
2. What are the best exterior features of the house or lot? How can you enhance them?
3. What are the worst exterior features of the house or lot? How can you minimize or improve them?
Park where a potential buyer would and walk towards the house, looking around you as if it were your first visit. Is the approach clean and tidy? What could you do to make it more attractive?
Take photos of the homes exterior. If you have a digital camera, view the color versions first, then remove the color and look at it in black and white, because it’s easier to see problems when color isn’t around to affect our senses.
Make a list of the problem areas you discovered. Tackle clean up and repair chores first, then put some time into projects that make the grounds more attractive. If you discover major items such as roof or siding issues, you may opt to tackle these problems prior to listing the house. Most buyers will shy away form a property that show maintenance problems.
If you would like, I would be more than happy to do this exercise for you. It doesn’t matter if you are planning on marketing your home in six days, six months, or six years, I’m here to offer you my opinion. Interested? Send me an email or give me a call.

This beautiful new construction home is situated on a large, sunny lot and includes 4 bedrooms (2 master suites), 4 full baths with jetted tubs, 2 large living areas and 3 fireplaces.  The kitchen offers an abundance of cabinetry and space to entertain with 2 islands, 2 sinks and stainless steel appliances.  This is a unique opportunity to purchase a brand new home at below market value and still chose some of the finishing touches.