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.

 

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.

South Lake Tahoe Residential Sales as of July 1st, 2017

Here Are 5 Facts 
 South Lake Tahoe Residential Sales as of July 1st, 2017 
 
  • Average Home Values were up 14.5% compared to last year with an average price of $510,491
  • # of Sales were down from 773 to 724
  • # of Homes on the market are down 20.6% from 267 to 212
  • Average list to sale range is 97.8%.
  • Month supply of homes on the market is 3.4 compared to 4.4 last year. Under 4 represents a sellers’s market. 
 
The above information is based on the previous 12 month averages (The method used by CAR).
 

South Lake Tahoe Real Estate Market Update- 2nd quarter 2015

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Currently there are 395 Active listings (single family and condo) in the city and county neighborhoods of South Lake Tahoe. This is up from end of the first quarter of 2015 when there were 247 Active listings. 3 of the 395 listings are short sales and 4 are REO(bank-owned) listings. There are currently 95 Active Pending (in escrow) listings. 9 of which are short sales and 2 are REO listings.

There were 153 properties (single family and condo) that sold in the city and county neighborhoods of South Lake Tahoe in the first quarter (Jan. 1-March 31) of 2015.  None of the sales were short sales and 9 were REO(bank owned).
Avg. List Price $487,419 up from last quarter $456,408
Avg. Sold Price $470.095 up from last quarter $440,798
Avg. DOM(Days on Market) 104 down from last quarter 136
Avg. SF (Sq. feet) 1726 same as last quarter
% of Sold Price to List Price-
1-30 DOM- 98.94%
31-60 DOM- 98.13%
61-90 DOM- 97.59%
91-120 DOM- 95.93%
120+days- 93.40%
Median List Price $409,000 up from last quarter 378,500
Median Sold Price $390,000 up from last quarter $364,500

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