Home of the Week

November 5th, 2009
2020 Hopi From Afar

This week’s featured home is 2020 Hopi St, listed at just $335,000. This affordable 3 bedroom, 2 bath home is located in the popular Meyers neighborhood in South Lake Tahoe. Outdoor lovers will appreciate the close proximity to Tahoe Paradise Park, Lake Baron & the Upper Truckee River. This house was taken clear down to the studs in 2007 and remodeled with all of today’s bells and whistles. Upgrades include a newer roof, hardwood floors, granite counter tops, natural stone, gas fireplace and more. Best of all, the ambiance of a Tahoe cabin continues to hold strong and remind you that you are certainly in the mountains. The lot is supersized allowing plenty of room for kids & pets. Furnishings are negotiable as well.  Those looking for investment opportunities may want to take advantage of the current successful vacation rental program.

Click here for a visual tour of 2020 Hopi.

South Lake Tahoe Real Estate Market Update, Oct. 15- Oct. 21

October 29th, 2009

Lake Tahoe Pine Branch The South Lake Tahoe real estate market showed 13 NEW LISTINGS this past week, up from the previous week’s 7. The lowest priced new listing is $164,500 for 2577 Armstrong, a 3 bedroom, 1 bath with 832 square feet. The highest priced new listing is $1,395,000 for 1321 Wildwood, a 4 bedroom, 3 bath with 3432 square feet. This week’s median listing price is $495,000.

There were 11 homes that went into ESCROW this past week, up from last week’s 7. The lowest priced new escrow is $164,900 for 3713 Montreal, a 4 bedroom, 1 bath with 1020 square feet.The highest pending sale price is $737,000 for 1984 Osage, a 4 bedroom, 3 bath with 3009 square feet. The median pending sale price is $324,000 with and average time on market of 60 days.

This week there were 9 homes recorded as SOLD, one more than last week’s 9. The lowest sale price was $85,000 for 1223 Bonanza #25, a 2 bedroom, 1 bath condo with 985 square feet. The highest sale price was $520,000 for 756 Lakeview, a 4 bedroom, 2 bath with 1706 square feet. The average time on the market (including the escrow period) was 142 days. The median sale price was $314,000.

South Lake Tahoe Real Estate Market Update, Oct. 22- Oct. 28, 2009

October 29th, 2009

Kokanee Run, 2009 The South Lake Tahoe real estate market showed 12 NEW LISTINGS this past week, down from the previous week’s 13. The lowest priced new listing is $97,500 for 2656 Kubel, a 2 bedroom, 1 bath with 504 square feet. The highest priced new listing is $1,395,000 for 468 Lido, a 3 bedroom, 2.5 bath with 2648 square feet. The median new listing price is $293,950.

Big News!!  There were 16 homes that went into ESCROW this past week, up from last week’s 11. The lowest priced pending sale is $139,900 for 3344 Sandy Way #26, a 2 bedroom, 1 bath with 812 square feet.  The highest pending sale price is $1,600,000 for 2160 Balboa, a 5 bedroom, 3 bath with 3122 square feet. The median pending sale price is $351,950 with and average time on market was 67 days.

This week there were 11 homes recorded as SOLD, up from last week’s 9. The lowest sale price was $225,000 for Kiowa, a 2 bedroom, 1 bath with 784 square feet.  The highest sale price was $435,000 for 3384 Pine Hill Dr., a 2 bedroom, 2 bath with 1328 square feet.  The average time on the market (including the escrow period) was 97 days. The median sale price was $287,000.

Learn more about the Lake Tahoe real estate market by visiting our website at www.HomeInTahoe.com.

South Lake Tahoe Real Estate Market Update, Oct. 8- Oct. 14

October 17th, 2009

Lake Tahoe Aspens The South Lake Tahoe real estate market showed 7 NEW LISTINGS this past week, down one from the previous week’s 8. The lowest priced new listing is $185,000 for 1183 Lodi, a 2 bedroom, 1 bath with 864 square feet. The highest priced new listing is $648,000 for 1357 Gilmore Lake, a 4 bedroom, 4 bath with 3406 square feet. This week’s median listing price is $335,000.

There were 7 homes that went into ESCROW this past week, down from last week’s 14. The lowest priced new escrow is $139,900 for 2680 Kubel, a 2 bedroom, 1 bath with 448 square feet. The highest priced new escrow is $1,988,000 for 5 Lighthouse Shores, a 3 bedroom, 2.5 bath with 2996 square feet. The median pending sale price is $399,000 with and average time on market of 102 days.

This week there were 8 homes recorded as SOLD, down from last week’s 14. The lowest sale price was $222,000 for 2319 Sky Meadows, a 3 bedroom, 1.75 bath with 1280 square feet. The highest sale price was $750,000 for 2205 Venice, a 4 bedroom, 2.5 bath with 2467 square feet. The average time on the market (including the escrow period) was 158 days. The median sale price was $610,900.

South Lake Tahoe Real Estate Market Update, Oct. 1- Oct. 7

October 9th, 2009

Tahoe Winter Comes Early Lots of surprises this week, starting with a surprise winter storm in Lake Tahoe (hint of some fun times ahead.)  Next, the South Lake Tahoe real estate market activity continues to show signs of a steady albeit slow recovery.  Last week showed 8 NEW LISTINGS, down from the previous  week’s 14. The lowest priced new listing is $249,000 for 1033 Cheyenne, a 3 bedroom, 2 bath with 1124 square feet. The highest priced new listing is $1,295,000 for 1790 Meadow Vale, a 6 bedroom, 4 bath with 3200 square feet. This week’s median listing price is $455,000.

There were 14 homes that went into ESCROW this week, one less than last week’s 15. The lowest priced new escrow is $112,900 for 3740 Larch, a 1 bedroom, 1 bath with 468 square feet. The highest priced new escrow is $3,275,000 for 3819 Beach Rd., a 4 bedroom, 2 bath with 2286 square feet. The median pending sale price is $309,500 with and average time on market of 107 days.

This week showed 13 homes recorded as SOLD, up from last week’s 8. The lowest sale price was $130,000 for 1176 Margaret, a 4 bedroom, 3 bath with 2184 square feet. The highest sale price was $1,250,000 for 596 Lucerne, a 4 bedroom, 4 bath with 5313 square feet. The average time on the market (including the escrow period) was 115 days. The median sale price was $275,000.

South Lake Tahoe Real Estate Market Update, Sept. 24- Sept. 30

October 2nd, 2009

Lake Tahoe Sunset The South Lake Tahoe real estate market activity last week revealed 14 NEW LISTINGS, up from the previous  week’s 10. The lowest priced new listing is $165,000 for 2645 Chris, a 2 bedroom home with 748 square feet. The highest priced new listing is $499,500 for 1683 Chippewa, a 3 bedroom, 2 bath with 1477 square feet. This week’s median listing price is $388,900.

There were 15 homes that went into ESCROW this week, down from last week’s 17. The lowest priced new escrow is $105,000 for 1223 Bonanza, a 2 bedroom, 1 bath with 985 square feet. The highest priced new escrow is $1,395,000 for 468 Lido, a 3 bedroom, 2.5 bath with 2648 square feet. The median pending sale price is $422,755 with and average time on market of 108 days.

This week showed 8 homes recorded as SOLD, down from last week’s 14. The lowest sale price was $195,000 for 2620 Fountain, a 3 bedroom, 2.5 bath with 1848 square feet. The highest sale price was $560,000 for 1464 Sterling Ct., a 4 bedroom, 2.5 bath with 2216 square feet. The average time on the market (including the escrow period) was 110 days. The median sale price was $393,750.

South Lake Tahoe Real Estate Market Update, Sept. 17- Sept. 23

September 24th, 2009

Hope Valley Fall, Lake Tahoe This week there were only 10 NEW LISTINGS, down from last week’s 23. The lowest priced new listing is $199,000 for 1243 Stockton, a 3 bedroom with 1366 square feet. The highest priced new listing is $695,000 for 439 Ala Wai #142, a 3 bedroom, 3 bath Tahoe Keys condo with 1462 square feet. This week’s median listing price is $378,738.

There were 17 homes that went into ESCROW this week, up from last week’s 10. The lowest priced new escrow is $150,000 for 2943 Oakland. The highest priced new escrow is $788,888 for 2546 Cold Creek, a 6 bedroom, 5 bath with 3522 square feet. The median pending sale price is $349,000 with and average time on market of 42 days.

This week showed 13 homes recorded as SOLD, up from last week’s 10. The lowest sale price was $120,000 for 3404 Freel, a 1 bedroom, 1 bath with 716 square feet. The highest sale price was $580,000 for 2280 Sutter, a 4 bedroom, 2.5 bath with 2594 square feet. The average time on the market (including the escrow period) was 91 days. The median sale price was $247,000.

South Lake Tahoe Real Estate Market Update, Sept. 10- Sept. 16

September 18th, 2009

Regan Beach Sunset in Lake Tahoe This week there were 23 NEW LISTINGS, up from last week’s 14. The lowest priced new listing is $139,900 for 3344 Sandy Way #26, a 2 bedroom, 1 bath condo with 812 square feet. The highest priced new listing is $4,525,000 for 221 Beach Dr., a 4 bedroom, 4.5 bath with 3904 square feet. This week’s median listing price is $329,000.

There were 10 homes that went into ESCROW this week, down from last week’s 18. The lowest priced new escrow is $129,900 for 1176 Margaret, a 4 bedroom, 3 bath with 2184 square feet. The highest priced new escrow is $725,000 for 1972 Garmish, a 4 bedroom, 2.5 bath with 2027 square feet. The median pending sale price is $317,000 with and average time on market of 95 days.

This week showed 10 homes recorded as SOLD, down from last week’s 11. The lowest sale price was $225,000 for 909 San Jose, a 3 bedroom, 1.5 bath with 896 square feet. The highest sale price was $700,000 for 2070 Traverse, a 3 bedroom, 2.5 bath with 2130 square feet. The median sale price was $296,875 with an average time on market of 131 days.

South Lake Tahoe Real Estate Market Update, Sept. 3-Sept. 9

September 13th, 2009

I Heart Lake Tahoe This week there were 14 NEW LISTINGS, down from last week’s 18. The lowest priced new listing is $129,900 for 1176 Margaret, 1 4 bedroom, 3 bath with 2184 square feet. The highest priced new listing is $3,995,000 for 14 Lighthouse Shores, a 4 bedroom, 4.5 bath with 3793 square feet. This week’s median listing price is $298,750.

There were 18 homes that went into ESCROW this week, still strong yet down from last week’s 20. The lowest priced new escrow is $131,623 for 1233 Bonanza #9, a 2 bedroom, 2 bath condo with 985 square feet. The highest priced new escrow is $749,000 for 1712 Meadow Vale, a 6 bedroom, 3.5 bath with 4083 square feet.   This sale is pending bank approval for a short sale.  The median pending sale price is $293,500 with and average time on market of 98 days.

This week showed 11 homes recorded as SOLD, up from last week’s 9. The lowest sale price was $250,000 for 473 Lake Tahoe Blvd. (congratulations to the Souers team) The highest sale price was $901,000 for 1756 Gentian Circle, a 5 bedroom, 4 bath with 3111 square feet (congratulations to Mark Salmon from the Pinnacle Real Estate Group). The median sale price was $340,000 with an average time on market of 133 days.

South Lake Tahoe, Montgomery Estates Market Update

September 4th, 2009

Montgomery Estates Trails, South Lake Tahoe The statistics regarding home sales within the Montgomery Estates neighborhood of South Lake Tahoe has just been updated.  The median home price through July 31, 2009 and based upon the previous 12 months sales show a median home list price of $437,000 with a median sold price of $417,000.  This number is down from last year’s median home price of $480,000.  The good news is that the number of sales and the time on the market have both seen slight improvement.

This week’s Home of the Week is located at 1004 Turnback Trail in Montgomery Estates.  We hope that you will check it out for yourself and please, pass the link along to anyone you feel might be interested.

To all of you – have a wonderful and safe Labor Day Weekend.