South Lake Tahoe, CA Market Statistics
- All Sales in the last 365 Days
- Absorption Rates - Last 365 Days
- All 2011 South Lake Tahoe, CA Sales
- All 2010 South Lake Tahoe, CA Sales
- All 2009 South Lake Tahoe, CA Sales
- All Current Escrow - South Lake Tahoe, CA
- Al Tahoe, CA
- Bijou, CA
- Black Bart, CA
- Christmas Valley, CA
- Gardner Mountain, CA
- Heavenly Valley, CA
- Highland Woods, CA
- Meyers, CA
- Montgomery Estates, CA
- Pioneer Trail, CA
- North Upper Truckee, CA
- Sierra Tract, CA
- S. Lake Tahoe Condos, CA
- The Tahoe Keys Condos, CA
- Stateline Area, CA
- Tahoe Island Drive, CA
- Tahoe Island Park, CA
- The Tahoe Keys, CA
- Tahoe Paradise, CA
- Y Area, CA
Stateline, NV Market Statistics
- All Sales in the Last 365 Days
- Absorption Rates - Last 365 Days
- All 2011 Stateline, NV Sales
- All 2010 Stateline, NV Sales
- All 2009 Stateline, NV Sales
- All Current Escrow - Stateline, NV
- Cave Rock, NV
- Glenbrook, NV
- Hidden Woods, NV
- Kingsbury (Lower), NV
- Kingsbury (Middle), NV
- Kingsbury (Upper), NV
- Lakefront Properties, NV
- Round Hill, NV
- Skyland, NV
- Summit Tahoe Village (Condos), NV
- Lake Village TownHomes, NV
- Zephyr Heights, NV
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Archive for January, 2009
The $600,000 South Lake Tahoe House, Then and Now.
January 30th, 2009 categories: For Buyers, For Sellers, Lake Tahoe Real Estate, Market Performance Updates, Sales Reports, South Lake Tahoe Statistics, South Lake Tahoe, CA
$600,000 gets you a newer, bigger and much more valuable house in South Lake Tahoe today than 5-years ago.
The Energizer Bunny and Doubting Thomas are at the top of Heavenly Mountain looking at the incredible view of South Lake Tahoe and beyond.
“Sure is beautiful up here,” says the Bunny. “I guess so,” says Thomas nonplused. “Are you nuts,” responds the Bunny energetically, “seeing’s believing.” “That’s what they tell me,” Thomas responds nonchalantly.
| Discussion: 1 Comment »
The $500,000 South Lake Tahoe, CA House, Then and Now.
January 27th, 2009 categories: For Buyers, For Sellers, Lake Tahoe Real Estate, Median Sold Price Report, Sales Reports, South Lake Tahoe Statistics, South Lake Tahoe, CA
Good Fortune for Buyers is to be had in the Current South Lake Tahoe market condition.
Two guys are in a South Lake Tahoe bar drinking beer. One of them is staring at his glass of beer as if in deep, distant thought. “Have you ever wondered where the phrase egg in your beer comes from?,” he asks. “Can’t say I’ve thought about it that much,” his friend answers.
Still staring at his glass of beer, the first guy explains, “I saw it the other day in word-detective.com. Seems that G.I.s during World War II used Egg in Your Beer a lot.”
| Discussion: Please leave a comment.
The $400,000 South Lake Tahoe, CA House, Then and Now.
January 26th, 2009 categories: For Buyers, For Sellers, Lake Tahoe Real Estate, Market Performance Updates, South Lake Tahoe Statistics, South Lake Tahoe, CA
The $400,000 South Lake Tahoe, CA House of today was a $550,000 house 5-years ago.
There are two South Lake Tahoe brothers, both in elementary school, one an egghead type, the other a marble champion. The Champ goes into the Land of Marbles toy store.
In marble land he stares at his favorite shooters, not just any shooters, but red jasper mineral shooters, the fancy, costly, devastating shooter that’s harder than glass. Anxious, coveting, the Champ has wanted a set of these orbital gems since he can remember.
Today though, something is new. Only available in sets of four, the price of red mineral jaspers has changed. Instead of $8.99 each, they are now $7.65 each, and the set of 4 now includes one extra red mineral jasper treasure for free. Wow, the champ muses, “the price is cheaper… and I can get more at the same time.”
| Discussion: 1 Comment »
The $300,000 South Lake Tahoe, CA Home, Then and Now.
January 25th, 2009 categories: For Buyers, For Sellers, Lake Tahoe Real Estate, Market Performance Updates, Median Sold Price Report, National real estate news, Sales Reports, South Lake Tahoe Statistics, South Lake Tahoe, CA
Does one get More for their Money Now than Before, and if so, How Much?
This is a study to determine if one can get more home for their money in South Lake Tahoe today than before. If so, the next important question is how much more, and is it quantifiable?
To best do this we’ll focus on the two most objective factors available to look at the value of a home, which is its size and price per square foot. Lets also look at other more subjective factors such as condition, age and the availability of a newer home.
| Discussion: 3 Comments »
Are More Declines in South Lake Tahoe Home Values Hiding in Plain Sight?
January 23rd, 2009 categories: For Buyers, For Sellers, Lake Tahoe Real Estate, South Lake Tahoe, CA
There is a disconnect between current South Lake Tahoe market reality and buyers expectations.
The article below this one addresses recent comments from a few of our readers that reveals current market reality in South Lake Tahoe is not what some buyers expect it might be (here).
These sentiments are based on a disconnect between current market conditions, which is based on the median sold price and expectations of some buyers that home prices will drop significantly more. These expectations are based on recent national real estate news pieces containing predictions of a further drop of 20% in the national median sold price.
| Discussion: 1 Comment »
Some Things We Hear when we Report South Lake Tahoe Market Conditions, and Why.
January 21st, 2009 categories: For Buyers, For Sellers, Lake Tahoe Real Estate, Market Performance Updates, Median Sold Price Report, South Lake Tahoe Statistics, South Lake Tahoe, CA
Comments that make us think: what if the market has already declined more than the numbers tell us?
What is that old saying about statistics? We’ve heard it came from Vin Scully, the famous announcer and voice of the Brooklyn and then later Los Angeles Dodgers since 1950.
Maybe too Vin heard it from somebody else, the originator of the adage perhaps. Nonetheless, in this case it’s what was said, rather than who said it first that’s important.
We’re sure many of you have heard it, but the old adage about statistics is this: “There are lies, damn lies, and statistics.”
| Discussion: 3 Comments »
Three Possibilities of what South Lake Tahoe real estate might do:
January 21st, 2009 categories: For Buyers, For Sellers, Lake Tahoe Real Estate, Median Sold Price Report, South Lake Tahoe Statistics, South Lake Tahoe, CA
(We’ll call this our "duh" interlude here, its stating the obvious, but we’re going somewhere with this one… to set up our next detailed study.)
There are basically three avenues the South Lake Tahoe real estate market will take in the foreseeable future. The numbers tell us we’re close to stabilization. Like that or not, it’s what the numbers, using median sold price, looking behind us over six months, say.
Is it possible we will see further home value decline? Certainly, but we are not picking up statistical evidence of that presently (here). We do have a good question coming, though, about the possibility that more decline is already here, hiding in plain sight.
Our foreclosure study indicates, it should be noted, there has actually been less decline in South Lake Tahoe home values than was originally thought (here). What this data shows is the importance of isolating the effect of foreclosed home sales out of the rest of the South Lake Tahoe market.
Is it possible the market will go up? This too is possible, anything is, but this is about as unlikely, for example, that the South Lake Tahoe real estate market will follow prognostications in the slew of national real estate reports earlier this month of 20% further declines in the median sold price.
| Discussion: Please leave a comment.
And Now He Can
January 19th, 2009 categories: About Us
Getty Images.
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He Had a Dream
January 19th, 2009 categories: About Us
| Discussion: Please leave a comment.
He Took Us Beyond the Moon
January 19th, 2009 categories: About Us
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