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South Lake Tahoe Real Estate: Lakefront Properties

Current Real Estate Activity: Lakefront Properties and Luxury Homes in the Stateline, NV area of South Lake Tahoe.

We’ve just updated all  Lakefront Properties  (NV) real estate activity in the Stateline, NV area of South Lake Tahoe, including final 2009 sales, current escrow and all active listings. Please note “Lakefront Properties  (NV)” found in our left sidebar.

2009  Lakefront Properties, South Lake Tahoe lake front estate Sales,  here.

Current  Lakefront Properties, South Lake Tahoe lake front estates in escrow,  here.

Current  Lakefront Properties, South Lake Tahoe lake front estates  listed,  here.

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South Lake Tahoe, NV Real Estate Listings Update: Round Hill

Posted by Richard Bolen on February 6th, 2010

Round Hill neighborhood of Stateline, NV in South Lake Tahoe

Current Real Estate Activity: Round Hill, Stateline, NV area of South Lake Tahoe.

We’ve just updated all  Round Hill  (NV) neighborhood real estate activity in the Stateline, NV area of South Lake Tahoe, including final 2009 sales, current escrow and all active listings. Please note “Round Hill  (NV)” found in our left sidebar.

2009 Round Hill, single family home sales, here. (There aren’t any yet.)

Current  Round Hill, single family homes in escrow,  here.

Current  Round Hill, single family homes listed,  here.

Also note that we have added information about distressed sales to this report so that you can easily determine if a house is bank owned, a short sale or not. This can also be found in the "special conditions" column on our neighborhood spreadsheets.

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South Lake Tahoe, NV Real Estate Listings Update: Skyland

Posted by Richard Bolen on February 6th, 2010

South Lake Tahoe Real Estate: Skyland  Neighborhood

Current Real Estate Activity: Skyland neighborhood, Stateline, NV area of South Lake Tahoe.

We’ve just updated all  Skyland  (NV) neighborhood real estate activity in the Stateline, NV area of South Lake Tahoe, including final 2009 sales, current escrow and all active listings. Please note “Skyland  (NV)” found in our left sidebar.

2009 Skyland, single family home sales, here.

Current  Skyland, single family homes in escrow,  here.

Current  Skyland, single family homes listed,  here.

Also note that we have added information about distressed sales to this report so that you can easily determine if a house is bank owned, a short sale or not. This can also be found in the "special conditions" column on our neighborhood spreadsheets.

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South Lake Tahoe, NV Real Estate Listings Update: Upper Kingsbury

Posted by Richard Bolen on February 6th, 2010

South Lake Tahoe Real Estate: Upper Kingsbury  Neighborhood

Current Real Estate Activity: Upper Kingsbury neighborhood, Stateline, NV area of South Lake Tahoe.

We’ve just updated all  Upper Kingsbury  (NV) neighborhood real estate activity in the Stateline, NV area of South Lake Tahoe, including final 2009 sales, current escrow and all active listings. Please note “Upper Kingsbury  (NV)” found in our left sidebar.

2009 Upper Kingsbury single family home saleshere.

Current  Upper Kingsbury, South Lake Tahoe single family homes in escrow,  here.

Current  Upper Kingsbury, South Lake Tahoe single family homes listed,  here.

Also note that we have added information about distressed sales to this report so that you can easily determine if a house is bank owned, a short sale or not. This can also be found in the "special conditions" column on our neighborhood spreadsheets.

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South Lake Tahoe, NV Real Estate Listings Update: Zephyr Heights

Posted by Richard Bolen on February 6th, 2010

South Lake Tahoe Real Estate: Zephyr Heights Neighborhood

Current Real Estate Activity: Zephyr Heights, Stateline, NV area of South Lake Tahoe.

We’ve just updated all  Zephyr Heights (NV) neighborhood real estate activity in the Stateline, NV area of South Lake Tahoe, including final 2009 sales, current escrow and all active listings. Please note “Zephyr Heights  (NV)” found in our left sidebar.

2009  Zephyr Heights, South Lake Tahoe single family home Sales,  here.

Current  Zephyr Heights, South Lake Tahoe single family homes in escrow,  here.

Current  Zephyr Heights, South Lake Tahoe single family homes listed,  here.

Also note that we have added information about distressed sales to this report so that you can easily determine if a house is bank owned, a short sale or not. This can also be found in the "special conditions" column on our neighborhood spreadsheets.

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A Tahoe Keys Listing of Extraordinary Opportunity

Posted by Richard Bolen on February 5th, 2010

Alpine Lodge, 585 Alpine Dr., Tahoe Keys, South Lake Tahoe, CAThe Alpine Lodge – 585 Alpine Drive – Tahoe Keys

We don’t feature listings here much. In fact, we’ve only done this a few times in the last two and a half years.

One of the reasons we so seldom do "featured listings" is they are so often overused… to the point that the term is little more than cliche. When one sees the term "featured listings" on a brokerage or agent level website, think "all of  my listings" and one will be much closer to truth. And more often than not, most such listings have little to feature about them at all. (detailed discussion here)Alpine Lodge, 585 Alpine Drive, Tahoe Keys, South Lake Tahoe, CA

The point we’re making here is this, we rarely ever do a featured blog post on any of our listings, and when we do it’s truly something special, extraordinary if you will, that we want to bring to your attention. This is one of those.

(extensive detail and online tour below)

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The Effect of Distressed Property Sales on South Lake Tahoe Home Values

Posted by Richard Bolen on February 4th, 2010

South Lake Tahboe ForeclosuresA meaningful difference between a forclosed South Lake Tahoe, CA house...and one that is not.

A distressed property is either a bank owned (REO) home, or one that is a short sale.

Tthere is a significant difference between a distressed property in South Lake Tahoe, CA and one that is not.

Lets look at the effect of distressed properties on all South Lake Tahoe, CA single family home sales in the last 180 days. 

Note the  statistics and charts below used to produce his report.
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All South Lake Tahoe, CA Home Sales in last 365 days

Posted by Richard Bolen on February 3rd, 2010

South Lake Tahoe Home Sales Update - Last 365 Days South Lake Tahoe, CA. Real Estate Trends and Conditions

We’ve updated home sales summaries and Market Performance for South Lake Tahoe, CA.

The median sold price is $303,750. ( It was $301,875 a month ago, $305,000 two months ago, and $300,000 three months ago.) This is based on all single family sales in South Lake Tahoe, CA in the last 180 calendar days (Tahoe Keys homes not included).

The median sold price for the last 365 days is now $305,000. (that same number was $314,000 a month ago, and $319,000 two months ago.)

The key contributing factor to South Lake Tahoe decline in home prices is the effect of foreclosed home sales on the real estate market.

Since the first of this year, we have seen an  increase in the percentage of  both foreclosed homes sold and those in escrow. Of all homes sold in South Lake Tahoe in 2008, about 20% of them were in foreclosure.

  • At present 41.4% of South Lake Tahoe home sales in the last 365 days are distressed properties (compared to 20% of all 2008 home sales, and 39.9% in 2009.).
  • Of the 81 homes currently in escrow, 60 (74.1%) of these are also distressed sales (Either foreclosures or short sales. This same number was 64.5% a month ago.)

All South Lake Tahoe home sales in the last 365 days, here

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South Lake Tahoe, CA Monthly Absorption Rates

Posted by Richard Bolen on February 2nd, 2010

South Lake Tahoe Absorption Rates - South Lake Tahoe, CA real estate market statisticsAn Increase in South Lake Tahoe Housing Demand.

We’ve updated the Absorption Rates for the South Lake Tahoe, CA real estate market. This the most accurate method possible for tracking South Lake Tahoe housing demand over time.

At present we’re seeing an increase in housing demand, details below.

Find market-wide absorption rates for South Lake Tahoe, CA  here.

Below is a bullet-point summary of  the current housing demand in South Lake Tahoe.

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South Lake Tahoe, CA: All 2010 Home Sales to date

Posted by Richard Bolen on February 1st, 2010

All South Lake Tahoe, CA 2010 Sales30 South Lake Tahoe, CA 2010 Single Family Home Sales.

60% of them are distressed properties.

We have just updated all 2010 South Lake Tahoe, CA single family home sales. There are 30 homes sold in South Lake Tahoe, CA this year as of today.

Note the category below that addresses the number of bank owned properties (REOs) and short sales v. those that are not. This can also be viewed on our spreadsheets and stat charts as well (links directly below).

All South Lake Tahoe 2010 home sales here.

Statistics for all 2010 home sales here.

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