South Lake Tahoe Real Estate Market Update

March 2010 South Lake Tahoe Real Estate Market Update

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