South Lake Tahoe Real Estate for Sale and Sold Report, August 2014

 

The South Lake Tahoe housing market has been stable. We have a considerable amount of inventory and the competition is currently low.

The Numbers Month to Month and Year to Year
The median sales price for South Lake Tahoe, CA Homes for Sale was $342,000 in August 2014 compared to $309,000 during August 2013.
The number of South Lake Tahoe, CA Homes for Sale that sold was 66 in August 2014 vs. 84 in August 2013.
There are 93 South Lake Tahoe, CA Homes for Sale that are in contract which represents 24% of the overall available inventory of 392 homes.
Average days on the market: 109 days

A few highlights of the current South Lake Tahoe, CA Homes for Sale are shown below.

This Month’s Most Expensive
The most expensive of all South Lake Tahoe, CA Homes for Sale this month is 853 Stateline Ave listed at $11,500,000. The 2,720 sq. ft. home has 3 bedrooms and 4 baths, vaulted open-beam pine ceilings and rock fireplace. The quaint 864 sq. ft. guesthouse offers 1 bedroom & 1.5 baths. This unique property borders Edgewood Championship Golf Course and encompasses 180’of sandy beachfront, pier and buoy.

This Month’s Least Expensive
The least expensive of all is 2172 Tahoe Vista Dr listed at $152,000, it’s a short sale and it’s considered a fixer upper. This home features 2 bedrooms and 1 bath with 784 sqft and it was built in 1950.

This Month’s Must See
There were some great South Lake Tahoe, CA Homes for Sale to consider for this month’s ‘Must See’.
A home on 657 Tahoe Island Dr listed at $499,000 is this month’s winner. If you are looking for a property with a tranquil setting, yet close to all the conveniences of in-town living, you can’t do better than this. Located in the highly desirable, quiet section of Tahoe Island Drive, this beautiful home backs to forest and the Tahoe Keys sailing lagoon. This home features 3 bedrooms, 2 baths, 2 car garage and 1,715 sf of living area.

 


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