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

South Lake Tahoe Market Update – 1st Quarter

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Currently there are 247 Active listings (single family and condo) in the city and county neighborhoods of South Lake Tahoe. 3 of which are short sales and 3 are REO(bank-owned) listings. There are currently 67 Active Pending (in escrow) listings. 3 of which are short sales and 8 are REO listings.

There were 126 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.  4 of the sales were short sales and 4 were REO(bank owned).
Avg. List Price $456,408
Avg. Sold Price $440,798
Avg. DOM(Days on Market) 136
Avg. SF (Sq. feet) 1726
% of Sold Price to List Price-
1-30 DOM- 98.75%
31-60 DOM- 96.91%
61-90 DOM- 95.58%
91-120 DOM- 98.57%
120+days- 96.15%
Median List Price $378,500
Median Sold Price $364,500

 

South Lake Tahoe Real Estate Market Update – 2nd Quarter

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Currently there are 337 Active listings (single family and condo) and 92 Active Pending (in escrow) listings in the city and county neighborhoods of South Lake Tahoe.

In the second quarter (Apr. 1- June 30) there were 158 properties that sold in the city and county neighborhoods of South Lake Tahoe. Only 11 of these sales were a REO(bank owned) and 5 were short sales. In the second quarter of 2013 189 properties sold and 11 of these sales comprised of REOs and 18 were short sales.

Solds 04/01/14-06/30/14

Avg. List Price $392,080
Avg. Sold Price $380,298

Avg. DOM(Days on Market) 109

Avg. SF (Sq. feet) 1553
% of Sold Price to List Price-

0-30 DOM- 97.71%
31-60 DOM- 98.07%
61-90 DOM- 97.51%
91-120 DOM- 96.03%
120+days- 95.58%
Median List Price $341,250

Median Sold Price $334,950

South Lake Tahoe Market Update Sept. 1- Sept. 30, 2013

Currently there are 252 Active listings (single family and condo) and 98 Active Pending (in escrow) listings in the city and county neighborhoods of South Lake Tahoe.

September 1 thru October 1 there were 65 properties that sold in the city and county neighborhoods of South Lake Tahoe. Only 1 of these sales was an REO(bank owned) and 1 was a short sale. At this time last year, there were 84 properties sold and 26 (31%) of these sales comprised of REO or short sales.  These substantial decrease is very encouraging.

Solds 9/1/13-10/1/13

Avg. List Price $387,961
Avg. Sold Price $375,298

Avg. DOM(Days on Market) 77

Avg. SF (Sq. feet) 1572
% of Sold Price to List Price-

0-30 DOM- 97.60%
31-60 DOM- 98.47%
61-90 DOM- 96.02%
91-120 DOM- 94.48%
120+days- 96.00%
Median List Price $328,000

Median Sold Price $314,000

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