South Lake Tahoe Real Estate Update: Escrow Report for Stateline, NV.

August 9th, 2008 categories: Escrow Report, For Buyers, For Sellers, Lake Tahoe NV Statistics, Lake Tahoe Real Estate, Stateline, NV

Stateline, NV Escrow - South Lake Tahoe Real Estate MarketHomes in Escrow in the Stateline, NV area of the South Lake Tahoe Real Estate Market.

We have just updated the Stateline, NV Real Estate Market Escrow Report.  At present there are 18 homes in escrow.

One of the benefits of looking at homes in escrow is they are also indicators of current market trends and conditions.

There are more homes in escrow in Stateline, NV than there has been at any time in the last 2 years (see chart below).

All Current Escrow – Stateline, NV, plus statistics, here.

Statistical data containing the following information for all the homes in escrow, here.

  • Average Original List Price       
  • Median Original List Price       
  • Median Reduced, or Current Price
  • $ Difference List v. Reduced Price
  • % Difference List v. Reduced Price
  • Average Days on Market
  • Average Price per Sq Ft
  • Average Size   

Escrow Summary:
Here’s what the latest escrow information tells us about current market conditions in Stateline, NV:

  • The Median Price for the homes in escrow is $469,000 (not including Lake Front Properties and homes in Glenbrook).
  • Escrow normally takes about 60 days.
  • The homes in escrow now generally reflect buying activity from April forward.

Stateline, NV Current Escrow - South Lake Tahoe Real Estate MarketEscrow and Inventory:
The chart tracks the number of listed homes and those in escrow since November of 2006.

  • There are 156 available listings in Stateline, NV right now.
  • There are 18  homes in escrow.

What it Means: Good News for Buyers
There are significant buying opportunities in Stateline, NV right now.

  • Interest rates are reasonable.
  • Home prices have come down (some considerably).
  • Every Buyer has many choices.
  • Some Sellers are extremely eager to sell.
  • There are some Sellers who will be more reasonable than others.

We offer this information as a public service. This blog contains the most complete and current information on the South Lake Tahoe, CA and Stateline, NV real estate market available.

If you like what you see here and find it helpful, please call or email us for further help with buying or selling a Lake Tahoe home. We’re also always interested in comments and suggestions too. (Please use the comment box below.)

Tags: , , , ,

This entry was posted on Saturday, August 9th, 2008 at 9:39 am and is filed under Escrow Report, For Buyers, For Sellers, Lake Tahoe NV Statistics, Lake Tahoe Real Estate, Stateline, NV. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.

Real Esate Tomato Chiclet