Lake Tahoe Real Estate: Market Report Jan 27 – Feb 3

Lake Tahoe Real Estate Weekly Market Report For Jan 27 2014 – Feb 3 2014

by Olja Mihic, Lake Tahoe Realtor

Data gathered from North Lake Tahoe MLS, including Tahoe City real estate, Truckee real estate, and Squaw Valley real estate

 

Lake Tahoe Real Estate Single Family Homes Stats

Active Lake Tahoe Real Estate Listings

Currently Lake Tahoe MLS shows 300 active Lake Tahoe real estate listings. Lowest list price is $125,000 in Brockway Vista, and highest at $18,000,000 in Squaw Valley real estate. This makes the median Lake Tahoe properties price $861,500, and average Lake Tahoe property price at $1,651,097. Average days on the market is shown in Lake Tahoe MLS to be 209 days.

Sold Lake Tahoe Real Estate Listings

Lake Tahoe MLS Shows that in the last week 14 Lake Tahoe homes sold over last weeks 3. Lowest priced sale was at $287,000 in Truckee real estate, and highest at $3,200,000 in Martis Camp real estate. Average Lake Tahoe real estate price was $789,215, and median $527,500. Average Lake Tahoe home price week prior was $630,000, and median was $400,000, which makes this week a clear winner and an indication that Lake Tahoe properties are going steadily up with weekly average up 25.3% and median 31.9%. Average days on the Lake Tahoe real estate market was 82.

 

Lake Tahoe Real Estate Condominiums Stats

Active Lake Tahoe Real Estate Listings

Currently Lake Tahoe MLS shows 176 active Lake Tahoe condominiums. Lowest list price is $40,000 in Tahoe Donner, and highest at $6,499,000, famous Godfather II estate in Lake Tahoe West Shore real estate location of Fleur-de-Lac . This makes the median Lake Tahoe home price $549,000, and average Lake Tahoe property price at $750,501. Average days on the market is shown in Lake Tahoe MLS to be 197 days.

Sold Lake Tahoe Real Estate Listings

Lake Tahoe MLS Shows that in the last week 7 Lake Tahoe homes sold over last weeks 4. Lowest priced sale was at $255,000 in Tahoe City real estate, and highest at $482,000 in Squaw Valley real estate. Average Lake Tahoe real estate price was $344,714, and median $308,000. Average Lake Tahoe home price week prior was $206,750, and median was $201,000, which makes this week a clear winner and an indication that Lake Tahoe properties are going steadily up with weekly average up 66.7% and median 53.2%. Average days on the Lake Tahoe real estate market was 185.

Lake Tahoe real estate shows tremendous improvement, and remains very active. Now is a very good time to buy, as we have seen a steady rise in Lake Tahoe property prices week over week.

Contact, Olja Mihic, Your Lake Tahoe Realtor for More Information on Lake Tahoe Real Estate, Including Tahoe City Real Estate, Truckee Real Estate, and Squaw Valley Real Estate.

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