Lake Tahoe Real Estate Market Report: March 17-24 2014

Lake Tahoe Real Estate Weekly Market Report For March  17 2014 – March 24 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 Market Report

Lake Tahoe Real Estate Single Family Homes Stats

Active Lake Tahoe Real Estate Listings

Currently Lake Tahoe MLS shows 337 active Lake Tahoe real estate listings.  The median Lake Tahoe real estate price is $859,000 and average Lake Tahoe property price at $1,630,210. Average days on the market is shown in Lake Tahoe MLS to be 198 days which remains steady over several weeks.

Sold Lake Tahoe Real Estate Listings

Lake Tahoe MLS shows that in the last week 12 Lake Tahoe homes sold, and overall between 10 and 15 homes sell per week, which makes it about 6 or 7 months of Lake Tahoe real estate inventory.  Lowest priced sale was at $172,500  in Tahoma Real Estate,  and highest at $2,000,000 in Truckee real estate. Average Lake Tahoe real estate price was $963,277,  and median Lake Tahoe real estate price was $897,500, both trending up. Average days on the Lake Tahoe real estate market was 245, which is an increase  over the past weeks.

 

Lake Tahoe Real Estate Condominiums Stats

Active Lake Tahoe Real Estate Listings

Currently Lake Tahoe MLS shows 184 active Lake Tahoe condominiums.  This makes the median Lake Tahoe home price $495,000, and average Lake Tahoe real estate price at $782,726. Average days on the market is shown in Lake Tahoe MLS to be 204 days.

Sold Lake Tahoe Real Estate Listings

Lake Tahoe MLS Shows that in the last week only 3 Lake Tahoe condominiums sold.  Average price was $707,633 and median sold price was $799,000 and days on the market was 224.  The lowest Lake Tahoe condominium sold was in Tahoe Donner real estate for $70,000, and highest in Tahoe City Real Estate at $1,150,000.

Lake Tahoe Luxury Homes Stats

Lake Tahoe MLS shows 178 active Lake Tahoe Luxury Homes, which is Lake Tahoe real estate above $1,000,000. Both condos and single family properties are included. Average Lake Tahoe luxury homes price is $2,842,532 followed closely by $2,145,000 median Lake Tahoe luxury home price. Incidentally, this is about the starting price for Lake Tahoe lakefront homes.

Per Lake Tahoe MLS there were 6 Lake Tahoe luxury homes sold last week. Highest sold Lake Tahoe luxury property last week was in Old Greenwood, Truckee Real Estate, at $2,000,000. Average Lake Tahoe luxury home price was $1,459,555, and median Lake Tahoe luxury property price was $1,349,500.

 

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 properties 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.

Lake Tahoe Real Estate Market Report Feb 24-March3

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 Market Report

Lake Tahoe Real Estate Single Family Homes Stats

Active Lake Tahoe Real Estate Listings

Currently Lake Tahoe MLS shows 328 active Lake Tahoe real estate listings.  The median Lake Tahoe real estate price is $872,000, which is only  a slight decrease from last week’s $875,000, and average Lake Tahoe property price at $1,683,706 which is a decrease from last week’s $1,705,049. Average days on the market is shown in Lake Tahoe MLS to be 201 days which remains steady over several weeks.

Sold Lake Tahoe Real Estate Listings

Lake Tahoe MLS shows that in the last week 15 Lake Tahoe homes sold, which is an increase from last week’s 10, but overall between 10 and 15 homes sell per week, which makes it about 6 or 7 months of Lake Tahoe real estate inventory.  Lowest priced sale was at $310,000 in Truckee Real Estate,  and highest at $2,791,800 in Tahoe City real estate. Average Lake Tahoe real estate price was $817,405, which is an increase from last week’s $734,998,  and median Lake Tahoe real estate price was $715,000, which is a decrease from last week’s $805,000. With the 11.2% increase in average sales price, the Lake Tahoe Luxury Homes market still dictates the averages, but median price decrease of 12.5% could be in part due to the slow winter season. Average days on the Lake Tahoe real estate market was 77, which is a slight decrease over the past weeks.

 

Lake Tahoe Real Estate Condominiums Stats

Active Lake Tahoe Real Estate Listings

Currently Lake Tahoe MLS shows 178 active Lake Tahoe condominiums, which is a slight decrease from last weeks 185, and a good news for the Lake Tahoe condominium market. Lowest list price is $40,000 in Tahoe Donner, and highest at $6,499,000, famous Godfather II estate in West Lake Tahoe Real Estate location of Fleur-de-Lac . This makes the median Lake Tahoe home price $568,500, and average Lake Tahoe real estate price at $771,935, showing slight increase over several weeks. Average days on the market is shown in Lake Tahoe MLS to be 205 days, which is slightly higher as week prior.

Sold Lake Tahoe Real Estate Listings

Lake Tahoe MLS Shows that in the last week 8 Lake Tahoe condominiums sold, which is a huge increase in several weeks of just one or two sales per week, and another great news for Lake Tahoe real estate!  Average price was $533,125 and median sold price was $441,500 and days on the market was 178. Interestingly, for the prior couple of weeks when we only had one or two sales, the average days on the market was half of this week’s, but so was the average condo price, which further proves a theory that buyers were hoping for more under 300K condos which never hit the market, so we may begin to see more steady activity now. The lowest Lake Tahoe condominium sold was in Tahoe Donner real estate for $290,000, and highest in Truckee Real Estate at $975,000.

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.

Lake Tahoe Real Estate: Market Report Feb 17-24 2014

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 Market Report

Lake Tahoe Real Estate Single Family Homes Stats

Active Lake Tahoe Real Estate Listings

Currently Lake Tahoe MLS shows 321 active Lake Tahoe real estate listings, which is the same amount of listings as last week.  This week Lake Tahoe real estate is seeing increases across the board. The median Lake Tahoe real estate price is $875,000, which is an increase from last week’s $859,000, and average Lake Tahoe property price at $1,705,049 which is, also, an increase from last week’s $1,666,490, meaning that Lake Tahoe luxury homes sales activity is picking up. Average days on the market is shown in Lake Tahoe MLS to be 205 days which remains steady over several weeks.

Sold Lake Tahoe Real Estate Listings

Lake Tahoe MLS shows that in the last week 10 Lake Tahoe homes sold, which is a slight drop from last week’s 15. However, given that the number of active listings has not changed from last week, 10 new listings have also hit the Lake Tahoe real estate market, making this a very healthy property market – 10 sold/10 listed.  Lowest priced sale was at $315,000 in Truckee Real Estate,  and highest at $1,250,000 in Squaw Valley real estate. Average Lake Tahoe real estate price was $$734,998, which is a drop from last week, due to the fact the most expensive home sold this week is only 1.25M,  and median Lake Tahoe real estate price was $805,000. Average Lake Tahoe homes for sale price last week was $$1,051,900, and median $710,000 which means that with the 43% drop in average sales price, the Lake Tahoe Luxury Homes market still dictates the averages, but median price increase of 13% is the true indicator that Lake Tahoe real estate market is further increasing. Average days on the Lake Tahoe real estate market was 82, which is a significant decrease over the past weeks.

 

Lake Tahoe Real Estate Condominiums Stats

Active Lake Tahoe Real Estate Listings

Currently Lake Tahoe MLS shows 183 active Lake Tahoe condominiums, which is very comparable to last weeks 185. Lowest list price is $40,000 in Tahoe Donner, and highest at $6,499,000, famous Godfather II estate in West Lake Tahoe Real Estate location of Fleur-de-Lac . This makes the median Lake Tahoe home price $549,000, and average Lake Tahoe property price at $764,258, showing not much change over several weeks. Average days on the market is shown in Lake Tahoe MLS to be 199 days, also unremarkable same as in weeks prior.

Sold Lake Tahoe Real Estate Listings

Lake Tahoe MLS Shows that in the last week only 2 Lake Tahoe condominiums sold!  Average and median sold price was $268,950 and days on the market was 90. This indicates that with 183 active Lake Tahoe condominiums, the Lake Tahoe real estate market has slowed for condos. Part of the problem could also be that the Lake Tahoe real estate market no longer offers too much at desired under $300,000 range, and buyers are hoping that it might.

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.

Lake Tahoe Real Estate: Market Report Feb 10-17

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 321 active Lake Tahoe real estate listings. Inventory has increased by 21 listings in the last 2 weeks.  The median Lake Tahoe properties price $859,000, which is a drop from last week, and average Lake Tahoe property price at $1,666,490, which is an increase over last week, meaning that Lake Tahoe luxury homes sales are further picking up the pace and bringing up the average. Average days on the market is shown in Lake Tahoe MLS to be 201 days which remains steady over several weeks.

Sold Lake Tahoe Real Estate Listings

Lake Tahoe MLS Shows that in the last week 15 Lake Tahoe homes sold, which has, roughly, been the average over the last few weeks. Lowest priced sale was at $241,000 in Tahoe Donner,  and highest at $3,462,000 in Martis Camp real estate, again, meaning that Truckee real estate holds both the cheapest and the most expensive Lake Tahoe real estate price tag in the area, further underlying the importance of working with a qualified Lake Tahoe Realtor that can navigate the neighborhoods. Average Lake Tahoe real estate price was $$1,051,900, and median $710,000. Average Lake Tahoe homes price week prior was $757,775, and median was $612,500, which makes this week a clear winner and an indication that Lake Tahoe real estate is going up with weekly average up 38.8% and median 15.9%. The rise in average Lake Tahoe real estate price, also, testifies, that Lake Tahoe luxury homes market is steadily going up. Average days on the Lake Tahoe real estate market was 121, which is a slight increase over the past weeks.

 

Lake Tahoe Real Estate Condominiums Stats

Active Lake Tahoe Real Estate Listings

Currently Lake Tahoe MLS shows 185 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 $744,139, showing not much change over several weeks. Average days on the market is shown in Lake Tahoe MLS to be 199 days, also unremarkable same as in weeks prior.

Sold Lake Tahoe Real Estate Listings

Lake Tahoe MLS Shows that in the last week only 1 Lake Tahoe home sold!  Sold price was $240,000 and days on the market was 112. This indicates that with 185 active Lake Tahoe condominiums, the Lake Tahoe real estate market has slowed for condos. Part of the problem could also be that the Lake Tahoe real estate market no longer offers too much at desired under $300,000 range, and buyers are hoping that it might.

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.

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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