Archive for the ‘The Lake Tahoe Real Estate Market’ Category

South Lake Tahoe Real Estate Market Update, Feb. 4- Feb. 12

Monday, February 15th, 2010

Tahoe Snow RibbonAccording to the South Tahoe Association of Realtors, the South Lake Tahoe real estate market showed 12 NEW LISTINGS this past week, down from the previous week’s 30. The lowest priced new listing is $154,440 for 1032 Ham, a 2 bedroom, 1 bath with 720 square feet. The highest priced new listing is $1,250,000 for 483 Lido, a 3 bedroom, 2.5 bath with 2651 square feet. This week’s median listing price is $379,700.

There were 14 homes that went into ESCROW this past week, up from the previous week’s 9. The lowest priced new escrow is $165,000 for 2695 Armstrong, a 2 bedroom, 2 bath with 912 square feet. The highest priced new escrow is $1,195,000 for 1934 Marconi, a 4 bedroom, 3 bath with 2628 square feet. The median pending sale price is $341,890 with an average time on market of 98 days.

The number of closed sales this past week was 10, down one from the previous week. The lowest sale price was $172,100 for 1964 Cherokee, a 3 bedroom, 2 bath with 1088 square feet. The highest sale price was $775,000 for 2341 Cold Creek, a 4 bedroom, 3.75 bath with 2703 square feet. The median sale price was $307,000 and the average time on the market (including the escrow period) was 101 days.

South Lake Tahoe Real Estate Market Update, Jan. 28- Feb. 3

Friday, February 5th, 2010

Boat House TracksAccording to the South Tahoe Association of Realtors, the South Lake Tahoe real estate market showed 30 NEW LISTINGS this past week, up from the previous week’s 9. The lowest priced new listing is $139,900 for 3305 Treehaven #1, a 2 bedroom, 1.5 bath duplex with 960 square feet. The highest priced new listing is $1,988,000 for 3371 Lake Tahoe Blvd. #10, a 4 bedroom, 4 bath lake front townhouse with 3387 square feet. This week’s median listing price is $392,000.

There were 9 homes that went into ESCROW this past week, down from the previous week’s 11. The lowest priced new escrow is $194,000 for 1191 Dedi, a 3 bedroom, 2 bath with 1092 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 $390,000 with an average time on market of 101 days.

The number of closed sales this past week was 11, the same as the previous week. The lowest sale price was $150,000 for 953 Tallac, a 1 bedroom, 1 bath with 420 square feet. The highest sale price was $775,000 for 2341 Cold Creek, a 4 bedroom, 3.75 bath with 2703 square feet. The median sale price was $280,000 and the average time on the market (including the escrow period) was 83 days.  To learn more about the South Tahoe real estate market, be sure to visit our website.

South Lake Tahoe Real Estate Market Update, Jan. 21- Jan. 27

Monday, February 1st, 2010

Biking in Lake TahoeSigns of a leveling market were reflected in last week’s real estate report.  According to the South Tahoe Association of Realtors, the South Lake Tahoe real estate market showed 9 NEW LISTINGS this past week, down from the previous week’s 15. The lowest priced new listing is $180,000 for 1149 Herbert C, a 3 bedroom, 2 bath, 1161 square foot condo. The highest priced new listing is $795,000 for 4081 Manzanita, a 5 bedroom, 3 bath with 2982 square feet listed with Pinnacle Real Estate Group.  Good job, Diane. This week’s median listing price is $289,000.

There were 11 homes that went into ESCROW this past week, down from the previous week’s 12. The lowest priced new escrow is $165,000 for 2695 Armstrong, a 2 bedroom, 2 bath with 912 square feet. The highest priced new escrow is $899,000 for 601 Lucerne, a 4 bedroom, 3.5 bath with 2388 square feet. The median pending sale price is $329,900 with an average time on market of 17 days.

The number of closed sales this past week was 11, up from the previous week’s 8. The lowest sale price was $204,000 for 1471 Chinquapin, a 3 bedroom, 2 bath with 1632 square feet. The highest sale price was $595,000 for 770 Algonquin, a 4 bedroom, 3 bath with 3009 square feet. The median sale price was $316,500 and the average time on the market (including the escrow period) was 149 days.

South Lake Tahoe Real Estate Market Update, Jan. 14- Jan.20

Sunday, January 24th, 2010

Lake Tahoe Beach TracksThe South Lake Tahoe real estate market showed 15 NEW LISTINGS this past week, considerably down from the previous week’s 23. The lowest priced new listing is $219,000 for 2531 Chris, a 2 bedroom with 1020 square feet. The highest priced new listing is $1,389,000 for 3779 Overlook, a 5 bedroom, 5 bath with 4243 square feet. This is actually not a new listing but has changed brokerages.  This week’s median listing price is $585,000.

There were 12 homes that went into ESCROW this past week, up from the previous week’s 10. The lowest priced new escrow is $272,750 for 1333 Glen Eagles, a 3 bedroom, 1.75 bath with 1195 square feet. The highest priced new escrow is $638,900 for 1971 Toppewetah (a bank-owned property) which is a 4 bedroom, 3 bath with 3361 square feet. The median pending sale price is $414,000 with an average time on market of 63 days.

The number of closed sales this past week was 8, up from the previous week’s 6. The lowest sale price was $67,000 for 1223 Bonanza, a 2 bedroom, 1 bath with 812 square feet.  The highest sale price was $850,000 for 537 Alpine, a 4 bedroom, 2.5 bath with 2538 square feet. The median sale price was $311,000 and the average time on the market (including the escrow period) was 93 days.

Home of the Week – 3775 Overlook Ct.

Sunday, January 17th, 2010

3775 Overlook Lake View This week’s featured home is 3775 Overlook, located in the  Heavenly Valley neighborhood of South Lake Tahoe. With a setting  just a few blocks from Heavenly Ski Resort, endless forested trails, and the casinos, this home would be ideal for either a permanent home or a vacation rental.

3775 Overlook features 3 bedrooms, 3 baths, 1620 square feet of living space and lake views. This home has a delightfully 60’s retro feel and is full of endless possibilities. This has got to be one of the best locations throughout the South Shore. Tucked up near the slopes of Heavenly Mt., this quiet cul-de-sac offers the tranquility one seeks in mountain living.  One family ownership with lots of love and great memories. Upstairs living includes a large living area with a classic open beamed vaulted ceilings. Off of the living area is a huge wrap-around deck with forest and lake views.  There is one bedroom and one bath on the main floor.  Downstairs are two more bedrooms and two full baths.  Just off of the master bedroom is a lovely area perfect for an outdoor spa.  Just a hop down the street is a fun sledding hill.

Check out a full length visual tour of this property or a fun, quick snippet.  Then, call 530.577.0389 if you would like further information or a private tour.

South Lake Tahoe Real Estate Market Update, Jan. 7- Jan. 13

Thursday, January 14th, 2010

Sierra At TahoeWe’re back in action!  The South Lake Tahoe real estate market showed 23 NEW LISTINGS this past week, up from the previous week’s 8. The lowest priced new listing is $165,000 for 2695 Armstrong, a 2 bedroom, 2 bath with 912 square feet. The highest priced new listing is $749,000 for 1566 Ojibwa, a 4 bedroom, 3.5 bath with 3137 square feet. This week’s median listing price is $349,000.

There were 10 homes that went into ESCROW this past week, up from the previous week’s 8. The lowest priced new escrow is $81,000 for 1281 Bonanza #5, a 2 bedroom, 1 bath with 840 square feet. The highest priced new escrow is $899,000 for 2341 Cold Creek, a 4 bedroom, 3.75 bath with 2703 square feet. The median pending sale price is $385,845 with an average time on market of 60 days.

The number of closed sales this past week was 6, down from the previous week’s 9. The lowest sale price was $260,000 for 1815 Apalachee, a 3 bedroom, 2 bath with 1080 square feet.  The highest sale price was $450,000 for 779 Algonquin, a 4 bedroom, 3 bath with 2464 square feet. The median sale price was $376,050 and the average time on the market (including the escrow period) was 207 days.

You can learn more about these neighborhoods by visiting our website.

South Lake Tahoe Real Estate Market Update, Dec. 31- Jan. 7

Friday, January 8th, 2010

Truckee River in WinterThe South Lake Tahoe real estate market showed 8 NEW LISTINGS this past week, down from the previous week’s 16. The lowest priced new listing is $179,900 for 1353 Meadow Crest, a 5 bedroom, 2 bath with 1860 square feet. This property is bank-owned. The highest priced new listing is$625,000 for 845 Merced, a 4 bedroom, 2.5 bath with 2417 square feet. This week’s median listing price is $349,000.

There were 8 homes that went into ESCROW this past week, slightly down from the previous week’s 10. The lowest priced new escrow is $164,900 for 1183 Lodi, a 2 bedroom, 1 bath with 864 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 $509,000 with an average time on market of 65 days.

The number of closed sales this past week was 9, up one from the previous week’s 8. The lowest sale price was $150,000 for 3713 Montreal, a 4 bedroom, 1 bath with 1020 square feet ( a bank-owned sale.)  The highest sale price was $525,000 for 1965 Mandan, a 4 bedroom, 3 bath with 3377 square feet. The median sale price was $370,000 and the average time on the market (including the escrow period) was 130 days.

Learn more about the South Lake Tahoe Real Estate Market by visiting our web site and checking out the neighborhoods.

Home of the Week

Thursday, December 31st, 2009
1754 Meadow Vale

1754 Meadow Vale

This week’s featured home is located at 1754 Meadow Vale in the highly desirable Country Club Estates neighborhood in South Lake Tahoe.

This beautiful 6 bedroom, 5 bath home features approximately 3,500 square feet of downright comfortable living.  Add to that the breathtaking mountain and forest views on a 18,369 square foot lot. The floorplan is ideal for extended families, a corporate retreat or for those that work from home. There are three separate living areas, each with their own entrance which offers versatility rarely found these days. Other highlights include maple floors, pine ceilings, a gourmet kitchen with silestone counters. This home is also being sold turn key – clear down to the linens. Backing forest land & with expansive decking, this home guarantees superb outdoor entertaining as well.

All the best of Lake Tahoe’s activities are also located within close proximity including beaches, campgrounds, casinos, the Lake Tahoe Golf Course, Tahoe Paradise Golf Course, Sierra Ski Resort, Heavenly, and Kirkwood.

To view a full virtual tour for 1754 Meadow Vale click here or for a quick snippet, click here.

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

Thursday, December 31st, 2009

Summer on HoldThe South Lake Tahoe real estate market showed 16 NEW LISTINGS this past week, up from the previous week’s 14.   Looks as though folks are hoping the new snow will bring excited skiers and possible buyers.  The lowest priced new listing is $205,850 for 1913 D St., a 3 bedroom, 2 bath with 2198 square feet.  This property is bank-owned.  The highest priced new listing is $729,000 for 1788 Pioneer Trail, a 3 bedroom, 3.5 bath with 3063 square feet.  This week’s median listing price is $539,250.

There were 9 homes that went into ESCROW this past week, down from the previous week’s 10. The lowest priced new escrow is $125,000 for 1141 Keller, a 3 bedroom, 2 bath with 1184 square feet.  This property was a bank-owned home.  The highest priced new escrow is $650,000 for 1608 Plumas (a hopeful short sale) with 5 bedrooms, 3.5 baths and approximately 3199 square feet. The median pending sale price is $299,000 with an average time on market of 18 days.

The number of closed sales this past week was 8, down from the previous week’s 15.  The lowest sale price was $210,000 for 1134 Dedi, a 2 bedroom, 1 bath with 1040 square feet. The highest sale price was $3,200,000 for a magnificent lakefront in the Tahoe Keys located at 14 Lighthouse Shores.  This home featured  4 bedrooms, 4.5 baths with 3793 square feet.  The median sale price was $545,000 and the average time on the market (including the escrow period) was 119 days.

Learn more about the Lake Tahoe real estate market by visiting our information-filled website.

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

Tuesday, December 29th, 2009

Weather on the Way The South Lake Tahoe real estate market boasted 14 NEW LISTINGS during the Christmas week, up from the previous week’s 7. The lowest priced new listing is $210,000 for 1200 Wildwood, a 2 bedroom, 1.5 bath condo with 936 square feet. The highest priced new listing is $12,900,000 for 969 Lakeview, a 9 bedroom, 5 bath home with 14,336 square feet. This week’s median listing price is $447,000.

There were 10 homes that went into ESCROW this past week, down from the previous week’s 11. The lowest priced new escrow is $67,900 for 1223 Bonanza, a 2 bedroom, 1 bath condo with 812 square feet. The highest priced new escrow is listed at $599,900 for 1886 Genevieve, a 4 bedroom, 2.5 bath with 1946 square feet. The median pending sale price is $278,950 with an average time on market of 58 days.

The number of closed sale nearly doubled over last week with 15 homes recorded as SOLD as compared to last week’s 8. The lowest sale price was $80,000 for 1223 Bonanza #9, a 3 bedroom, 2 bath condo with 985 square feet. The highest sale price was $585,000 for 2469 Washington, a 4 bedroom, 2.5 bath with 2917 square feet. The median sale price was $255,000 and the average time on the market (including the escrow period) was 67 days.