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

 

Here is the Monthly Real Estate Market Update for the Month of December, year of 2012 for the area of South Lake Tahoe, California.As of December 31st we had a total of 214 Residential Properties in the Market, including single family and condos, with an average price of $536,882.

In that same group (Residential Properties including single family and condos), we had a total of 23 new listings entering the market in the month of December. The average price for new listings this month was $397,961, with an average price per square feet of $232.

From 214 listings, 70 listings were pending escrow and 28 of them went into escrow in the month of December, 2 of them being a Short Sale. The average price for the 28 homes that went into escrow this month was $314,758, with an average price per square feet of $192 and they were an average of 100 days on the market.

In December, 49 Homes were SOLD. The average sales price for the homes that were sold this month was $309,849 with an average price per square feet of $188 and an average of 109 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.

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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  1. […] Click Here to view the Market Report for December 2012 […]

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