Real Estate Market Update – South Lake Tahoe, CA – September 2012

 

Here is the Monthly Real Estate Market Update for the Month of September, year of 2012 for the area of South Lake Tahoe, California.As of September 30th we had a total of 344 Residential Properties in the Market, including single family and condos, with an average price of $518,456.

In that same group (Residential Properties including single family and condos), we had a total of 40 new listings entering the market in the month of September. The average price for new listings this month was $427,678, with an average price per square feet of $241.

From 344 listings, 117 listings were pending escrow and 63 of them went into escrow in the month of September, 13 of them being a Short Sale. The average price for the 63 homes that went into escrow this month was $384,075, with an average price per square feet of $208 and they were an average of 141 days on the market.

In September, 82 Homes were SOLD. The average sales price for the homes that were sold this month was $298,807 with an average price per square feet of $183 and an average of 128 days on the market.

Please feel free to contact me if you have any questions regarding this Market Update or if you want me to provide a Market Update specific to your neighborhood.

 

Click Here to view the Market Report for August 2012

 

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nanda
Fernanda Dozier
Pinnacle Real Estate Group Lake Tahoe
(530) 721-2552
Nanda@RETahoe.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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