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 $327,500 in September 2014 compared to $314,000 during September 2013.
– The number of South Lake Tahoe, CA Homes for Sale that sold was 65 in September 2014 vs. 67 in September 2013.
– There was 62 new listings entering the market this month.
– There are 96 South Lake Tahoe, CA Homes for Sale that are in contract which represents 28% of the overall available inventory of 341 homes.
– Average days on the market: 120 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 new listing that entered the market this month was 343 Beach Dr listed at $3,500,000. There’s nothing quite like having a beach as your backyard with beautiful lake and mountain views! This home was designed for entertaining with large windows that captures the beauty of Lake Tahoe with mountain views. The open floor plan with large living area and a spacious social area with a bar is the perfect place to create fun times. Built in 1966, this home features 6 bedrooms, 5 baths, 2 car garage and 4,644 sf of living space.
This Month’s Least Expensive
The least expensive new listing that entered the market this month was 1013 Glen Rd listed at $199,000. Located in the Bijou 1 neighborhood, this home features 1 bedrooms and 1 bath with 676 sqft and it was built in 1958.
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 1002 Tahoe Island Dr listed at $334,500 is this month’s winner. Located at the end of a cup de sac, this beautifully remodeled 3 bedroom home boasts of a number of amenities rarely seen in this price range. This single story home is entered through the living room featuring open beam ceilings, a large fireplace hearth and newer flooring. From here, one enters the amazing kitchen featuring custom cabinetry, two sinks, a beautiful built-in hutch, a soapstone wood-burning stove and access to the back deck and fenced yard. Down the hall are the three bedrooms, all with newer flooring, window coverings and fresh paint. The bath is a joy to show with the new tile, fixtures and vanity. Further amenities include a full laundry room, newer roof, oversized single garage, light fixtures, exterior paint, a storage shed and landscaping. This home features 3 bedrooms, 1 bath, 1 car garage and 1,232 sf of living area.