South Lake Tahoe Market Update, February 1st, 2018

 South Lake Tahoe Residential Sales as of February 1st, 2018
 
  • Average Home Values were up 6.6% compared to last year.
  • The average price is $524,017
  • # of Sales decreased slightly at 7.3% from 785 to 728
  • # of Homes on the market are down 7.8% from 232 last year to 214 this year
  • Average list to sale range is 97.9%.
  • Month supply of homes on the market is 3.5, which is down 5.4% compared last year’s month supply of 3.7 during this time. Under 4 represents a seller’s market.

South Lake Tahoe Market Update

South Lake Tahoe Residential Sales as of January 1st, 2018

 

Average Home Values were up 6.4% compared to last year.

The average price is $520,121

# of Sales decreased slightly at 4.9% from 775 to 737

# of Homes on the market are down 10.6% from 236 last year to 211 this year

Average list to sale range is 97.9%.

Month supply of homes on the market is 3.5, which is down 5.4% compared last year’s month supply of 3.7 during this time. Under 4 represents a seller’s market.

 

Tahoe Island Market Update January 2018

In the Tahoe Island neighborhood, there are currently 7 Active Listings and 2 Active Pending (In Escrow) listings.

Homes sold in the the 4th quarter of 2017

2175 Butler Ave. ( 4 bd, 3 ba, 2 car garage 2349 sf) Listed at $719,000   Sold for $714,000

707 Hazel Dr. ( 3 bd, 2 ba, 2 car garage 1344 sf) Listed at $350,000  Sold for $340,000

895 Council Rock Dr. ( 4 bd, 2 ba, 1580 sf) Listed at $395,000  Sold for $385,000

761 Patricia  Ln. ( 3 bd, 2 ba, 1 car garage 1586 sf) Listed at $399,000  Sold for $385,000

762 Hazel Dr. ( 3 bd,  2 ba, 2 car garage 1146 sf) Listed at $409,000  Sold for $405,000

891 S Shore Dr. ( 3 bd, 2 ba, 1 car garage 1456 sf) Listed at $445,000  Sold for $450,000

600 Anita Dr. ( 2 bd, 2 ba, 1272 sf) Listed at $574,000  Sold for $565,000                     

758 Tahoe Island Dr. ( 3 bd, 3 ba, 2 car garage 2191 sf) Listed at $639,000  Sold for $639,000   

2114 Lukins Way ( 3 bd, 3 ba, 2 car garage, 2255 sf) Listed at $659,000  Sold for $650,000

2247 Washington Ave. ( 3 bd, 2 ba, 2 car garage, 1155 sf) Listed at $349,000  Sold  for $340,000

2268 Washingon Ave. ( 3 bd, 2 ba, 2 car garage, 1448 sf) Listed at $375,000  Sold for $350,000

741 Jeffrey St. ( 3 bd, 2 ba, 2 car garage, 1242 sf) Listed at $424,900  Sold for $424,900

2269 Wyoming Ave. ( 3 bd, 2 ba , 2 car garage, 1536 sf) Listed at $559,000  Sold for $535,000

2319 Oregon Ave. ( 4 bd, 3 ba  2 car garage 1921 sf) Listed at $585,000 Sold for $575,000

 

                

 

 

California Real Estate Market Update

Here are few interesting facts about the California Real Estate Market provided by C.A.R. ( California Association of Realtors)
 
  • California: $546,820
  • Calif. highest median home price by region/county: San Mateo, $1,486,000
  • Calif. lowest median home price by region/county: Lassen, $189,000

Pending Home Sales Index declined 2.6 percent from 119.1 in October 2016 to 116.0 in October 2017. 

Week ending 12/21/2017 (Source: Freddie Mac)

  • 30 year fixed: 3.94% fees/points: 0.5%
  • 15-year fixed: 3.38% fees/points: 0.5%

Provided

South Lake Tahoe Sales

South Lake Tahoe Residential Sales as of Oct 1, 2017

Average Home Values were up 9.1% compared to last year.
The average price is $516,739
# of Sales went up 1.4% from 737 last year to 747 this year
# of Homes on the market are down 15.7% from 248 last year to 209 this year
Average list to sale range is 97.8%.
Month supply of homes on the market is 3.4, which is down 15% compared last year’s month supply of 4 during this time. Under 4 represents a seller’s market.

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