Category Archive: Real Estate Market Report

Jul 08 2015

South Lake Tahoe Real Estate for Sale and Sold Report, June 2015

 

The South Lake Tahoe housing market has been stable. The inventory has been increasing and we’re seeing new listings coming up on the market everyday. We have a considerable amount of inventory and the competition for buyers 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 $386,000 in June 2015 compared to $330,500 during June 2014.
– The number of South Lake Tahoe, CA Homes that sold was 63 in June 2015 vs. 56 in June 2014.
– There were 117 new listings entering the market this month.
– There are 55 South Lake Tahoe, CA Homes for Sale that are under contract which represents 14% of the overall available inventory of 390 homes.
– Average days on the market: 76 days.
– From the 390 homes currently on the market, 11 of them are distressed properties: 6 short sales and 5 foreclosures.

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 20 Lighthouse Shores Dr listed at $4,495,000. Cape Cod inspired Lake Front Home in the private gated community of Lighthouse Shores. Unique peninsula location fronting both Lake Tahoe and a sheltered lagoon w/private boat dock. Front porch with waterway and Mt. views. This beautiful property features 3 bedrooms, 3.5 baths, 2 car garage, 3,490sf of living space and it was built in 1980. (schedule a showing).

This Month’s Least Expensive
The least expensive new listing that entered the market this month was a condo at 516 Emerald Bay Rd #304 listed at $124,900. Studio condo in St Francis, end unit on the ground floor. Great for the avid Tahoe adventurer only minutes to Lake Tahoe beaches for summer fun and close to the ski resorts for the winter. Step out your front door and enjoy a cool dip in the pool or hike up to Fallen Leaf Lake through the forest service trails adjacent to the complex. This studio features 1 bathroom, 480sf of living space and it was built in 1972. (schedule a showing).

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 at 3075 Jacarillo Trl is this month’s winner. Take a deep breath and feel rejuvenated when you retreat to this spacious and classic Tahoe chalet. This affordable Montgomery Estates home features soaring pine ceilings, a floor to ceiling rock fireplace hearth and some of the biggest bedrooms around. Outdoor recreation is abundant with nearby forested trails and Heavenly Ski resort and Lake Tahoe beaches within a few short minutes. This home features, 3 bedrooms, 2 bathrooms, 2 car garage, 1,712sf of living area and it was built in 1979 and it’s currently listed for $435,000. (schedule a showing).

 

May 12 2015

South Lake Tahoe Real Estate for Sale and Sold Report, April 2015

 

The South Lake Tahoe housing market has been stable. The inventory has been increasing and we’re seeing new listings coming up on the market everyday. We have a considerable amount of inventory and the competition for buyers 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 $365,000 in April 2015 compared to $355,000 during April 2014.
– The number of South Lake Tahoe, CA Homes that sold was 49 in April 2015 vs. 53 in April 2014.
– There were 107 new listings entering the market this month.
– There are 48 South Lake Tahoe, CA Homes for Sale that are under contract which represents 17% of the overall available inventory of 286 homes.
– Average days on the market: 76 days.
– From the 286 homes currently on the market, 10 of them are distressed properties: 5 short sales and 5 foreclosures.

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 841 Lakeview Ave listed at $1,495,000. Unobstructed views of Lake Tahoe grace this unique estate. Perched on the bluff and steps to the lake & Regan Beach,this original 1935’s chalet style home with separate guest quarters has recently been updated in keeping with the true charm of Old Tahoe. This beautiful property features 5 bedrooms, 5 baths, 3 car garage, 2,537sf of living space and it was built in 1935. (schedule a showing).

This Month’s Least Expensive
The least expensive new listing that entered the market this month was 1044 Cellador Rd listed at $149,900. This fixxer upper home features 2 bedrooms, 1 bathroom, 416sf of living space and it was built in 1947. (schedule a showing).

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 at 991 Kekin St is this month’s winner. 991 Kekin exemplifies what Tahoe living is all about. Not only does this custom mountain-style home feature contemporary design elements such as granite counters, stainless appliances, vaulted pine ceilings and a gas fireplace with a river rock surround, it offers the ultimate in tranquility. Step out the back door and you’re entering national forest withing steps to the Truckee River. This home features, 4 bedrooms, 2.5 bathrooms, 2 car garage, 2,760sf of living area and it was built in 2004.

 

Apr 04 2015

South Lake Tahoe Real Estate for Sale and Sold Report, March 2015

 

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 $372,500 in March 2015 compared to $365,000 during March 2014.
– The number of South Lake Tahoe, CA Homes that sold was 45 in March 2015 vs. 53 in March 2014.
– There were 105 new listings entering the market this month.
– There are 59 South Lake Tahoe, CA Homes for Sale that are under contract which represents 25% of the overall available inventory of 232 homes.
– Average days on the market: 94 days.
– From the 232 homes currently on the market, 6 of them are distressed properties: 4 short sales and 2 foreclosures.

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 2157 White Sands Dr listed at $2,285,000. This Luxurious Tahoe Keys waterfront property is located at the end of White Sands Drive. This recently remodeled and well maintained property has an open floor plan that is perfect for entertaining. The upper and lower decks and picture windows take advantage of the mountain and wide water views. This beautiful property features 5 bedrooms, 4 baths, 2 car garage, 3,688sf of living space and it was built in 1983.

This Month’s Least Expensive
The least expensive new listing that entered the market this month was 1014 Ski Run Blvd #18 listed at $175,000. This street level townhome is located just below Heavenly Ski Resort and a short stroll down to Lake Tahoe, shopping and dining. This home features 2 bedrooms, 2 bathroom, 832sf of living space and it was built in 1972.

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 at 590 Cochise Cir is this month’s winner. A home like no other available with refreshing architecture & a rare assemblage of fine materials & uncompromising attention to detail. A chef’s dream, the kitchen tenders select Cherry cabinetry with light antiquing & professional grade appliances. This home features, 5 bedrooms, 4 bathrooms, 2 car garage, 2,940sf of living area and it was built in 2011.

 

Feb 15 2015

South Lake Tahoe Real Estate for Sale and Sold Report, January 2015

 

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 $375,000 in January 2015 compared to $310,250 during January 2014.
– The number of South Lake Tahoe, CA Homes for Sale that sold was 45 in January 2015 vs. 44 in January 2014.
– There were 33 new listings entering the market this month.
– There are 59 South Lake Tahoe, CA Homes for Sale that are under contract which represents 24% of the overall available inventory of 241 homes.
– Average days on the market: 116 days.
– From the 241 homes currently on the market, 14 of them are distressed properties: 7 short sales and 7 foreclosures.

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 3371 Lake Tahoe Blvd #11 listed at $1,489,000. This fabulous lakefront home is situated at the Sierra Shores, South Tahoe’s newest and finest luxury home development. Sierra Shores is a gated, secure enclave of luxury and privacy with a most convenient location.This beautiful property with stunning lake views and just steps from the beach features 3 bedrooms, 3 baths, 1 car garage, 1,787sf of living space and it was built in 2006.

This Month’s Least Expensive
The least expensive new listing that entered the market this month was 1057 Mohawk St listed at $130,000. This home is a major fixer upper with mold problems, but it would make a great investment for the savvy investor. This home features 2 bedrooms, 1 bathroom, 952sf of living space, 3 car garage and it was built in 1961.

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 at 957 Colusa St listed for $529,000 is this month’s winner. This is the ideal home for recreation & sun worshipers looking for quality and quiet surroundings. Located across from National Forest, access to the Truckee River and trails for hiking, cross country skiing and snowshoeing are close by. This home features, 3 bedrooms, 2.5 bathrooms, 2 car garage, 2,361sf of living area and it was built in 2000.

 

Jan 06 2015

South Lake Tahoe Real Estate for Sale and Sold Report, December 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 $325,750 in December 2014 compared to $350,400 during December 2013.
– The number of South Lake Tahoe, CA Homes for Sale that sold was 44 in December 2014 vs. 39 in December 2013.
– There were 29 new listings entering the market this month.
– There are 57 South Lake Tahoe, CA Homes for Sale that are in contract which represents 22% of the overall available inventory of 254 homes.
– Average days on the market: 116 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 2019 Kokanee Way at $1,389,000. This home has been fully redone with top quality craftsmanship that will make you feel as if you’re living in a resort. This home features an upstairs open floor plan living design with massive vaulted ceilings, allowing you to enjoy the waterfront view while entertaining and relaxing. This beautiful property features 4 bedrooms, 3 baths, 2 car garage, 2,389 sf of living space and it was built in 1978.

This Month’s Least Expensive
The least expensive new listing that entered the market this month was 1390 Ski Rub Blvd #9 listed at $212,000. This truly well maintained Condo is in the perfect location for winter as well as summer enjoyment. This bright & airy end-unit is just minutes from the Heavenly Mountain Resort. This condo features 2 bedrooms, 2 bathrooms and 800 sf of living space.

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 at 1809 Gentian Cir listed for $408,000 is this month’s winner. A true charmer located in a quiet neighborhood of well-loved homes. This sunny single story home is a great find in today’s Montgomery Estates market. The fenced yard is roomy and is ideal for family gatherings. This home features, 3 bedrooms, 2 bathrooms, 2 car garage, 1,548 sf of living area and it was built in 1971.

 

Dec 04 2014

South Lake Tahoe Real Estate for Sale and Sold Report, November 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 $360,000 in November 2014 compared to $350,000 during November 2013.
– The number of South Lake Tahoe, CA Homes for Sale that sold was 43 in November 2014 vs. 51 in November 2013.
– There were 39 new listings entering the market this month.
– There are 69 South Lake Tahoe, CA Homes for Sale that are in contract which represents 27% of the overall available inventory of 260 homes.
– Average days on the market: 136 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 1772 High Meadow Trl at $899,900. You’ll find craftsmanship throughout this incredible custom home built in 2008. 4 large bedrooms with large bonus room/Mother-in-law quarters with kitchenette and private entrance. Huge fully fenced backyard with RV or Boat parking with easy in/out access, perfect for days on the lake or snowmobiling on the nearby trails. This beautiful property features 4 bedrooms, 4 baths, 2 car garage and 3,510 sf of living space.

This Month’s Least Expensive
The least expensive new listing that entered the market this month was 3765 Alder Ave listed at $194,500. This adorable Tahoe cabin is very close to the lake, Heavenly mountain & sells furnished! Fully fenced yard and a storage shed. This home was built in 1950, featuring 1 bedroom, 1 bathroom and 532 sf of living space.

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 at 853 Merced Ave listed for $389,900 is this month’s winner. A quintessential Tahoe cabin within a few short blocks to the shores of Lake Tahoe and within walking distance to shopping. Inviting back yard featuring a brick patio and large family hot tub.Throughout the home, old Tahoe charm greets you with visions of yesteryear. This cabin has a successful vacation rental program. This home features, 3 bedrooms, 2 bathrooms, 1,280 sf of living area and it was built in 1951.

 

Nov 15 2014

South Lake Tahoe Real Estate for Sale and Sold Report, October 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 $352,500 in October 2014 compared to $350,000 during October 2013.
– The number of South Lake Tahoe, CA Homes for Sale that sold was 76 in October 2014 vs. 60 in October 2013.
– There was 57 new listings entering the market this month.
– There are 89 South Lake Tahoe, CA Homes for Sale that are in contract which represents 27% of the overall available inventory of 330 homes.
– Average days on the market: 113 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 336 Ala Wai Blvd #274 at $849,995. This beautiful lakefront condo was recently updated with dual pane windows, granite counter-tops and pine wrapped beams. This turn-key property features 3 bedrooms, 2 baths and 1,638 sf of living space.

This Month’s Least Expensive
The least expensive new listing that entered the market this month was 2055 12th St #3 listed at $179,000. Great in town location with easy access to the bike trails and the beaches, this condo features 2 bedrooms, 1 bathroom and 976 sf of living space.

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 1916 Koyukon Dr listed at $688,000 is this month’s winner. Rustic, richly finished cedar siding and shingles are enhanced by dramatic roof lines that exude quality and offer a premium of appeal from the curb. Upstairs living includes a classic Tahoe great room with natural stone fireplace and rustic maple floors that leads to an enormous 2nd story composite deck with provisions for an outdoor kitchen. This new construction home is scheduled to be finished in 2914 and it features 5 bedrooms, 3 baths, 2 car garage and 2,673 sf of living area.

 

Oct 05 2014

South Lake Tahoe Real Estate for Sale and Sold Report, September 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 $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.

 

Sep 19 2014

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.

 

Feb 07 2014

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

South Lake Tahoe, CA Homes for Sale have seen steady price improvement month to month as well as year to year as inventory levels remain at all-time lows.

The Numbers Month to Month and Year to Year
The median sales price for South Lake Tahoe, CA Homes for Sale was $310,250 in January 2014 compared to $350,400 during December 2013 and $275,000 January 2013.
The number of South Lake Tahoe, CA Homes for Sale that sold was 44 in January 2014 vs. 39 in December 2013 and 41 that sold January 2013.
There are 91 South Lake Tahoe, CA Homes for Sale that are in contract which represents 31% of the overall available inventory of 297 homes.
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 241 Beach Dr listed at $4,700,000 and includes 6 bedrooms, 5 bath and has 7,339 sqft. This home is a beautiful lakefront property with an amazing lake view and 100 feet of white sand beach.

This Month’s Least Expensive
The least expensive of all is 800 Tata Ln listed at $199,900 and would be a great home for a first time or second home. This is a foreclosure property featuring 2 bedrooms and 1 bath with 832 sqft and could use a little updating.

This Month’s Must See
There were some great South Lake Tahoe, CA Homes for Sale to consider for this month’s ‘Must See’ home tour.
A home on 2637 Henderson St listed at $239,000 is this month’s winner as it is located in the peaceful South Upper Truckee/ Christmas Valley neighborhood with mountain views. Single story living with 2 bedrooms and 2 full baths. There is also a bonus room/ office area off of the master bedroom.

 

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