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South Lake Tahoe Real Estate Update: Stateline, NV 2009 Home Sales

May 12th, 2009 categories: For Buyers, For Sellers, Lake Tahoe NV Statistics, Lake Tahoe Real Estate, Sales Reports, South Lake Tahoe Statistics, Stateline, NV

27 Home Sales to date in Stateline, NV area of South Lake Tahoe.

We have just updated all 2009 home sales in the Stateline, NV area of South LakeTahoe.

All 2009 Stateline, NV home sales, plus statistics, here.

To get as true indication of market conditions as possible, we also always report all single family home sales in Stateline, NV for the last 365, 180, 90 and 30 days as well. (here)

Statistical data with the the following information on all 2009 homes sales, here.

2009 Sales Recap (Lake Front Properties and Glenbrook not included in these stats.) Here are the current market conditions in Stateline, NV:

There are 27 sales in 2009 to date.
The Median Sold Price is $517,500.
It was the same a month ago.
The Average Original List Price was $659,440.
The Average Sold Price was $577,055.
The difference between Average Original List Price and Median Sold Price was $82,385 or 12.5%. (It was 10.5% a month ago.)
Average Days on Market is 145. (It was 121 a month ago.)
Average Price Sq. Ft. was $266. (It was $238 a month ago.)

Median Sold Price:
The Median Sold Prices in Stateline, NV: (Lake Front Properties and Glenbrook not included)

For 2009: $517,500 (as of today)
For 2008: $575,000 ($625,000 including lake front and Glenbrook luxury home sales.)
For 2007: $854,500.
For 2006: $835,000.
For 2005: $775,000.

2009 Sales and Foreclosures:
Of the 2009 home sales in the Stateline, NV area of South Lake Tahoe to date:

13 are distressed sales, 48.1%. (It was 56.3% a month ago.)
- 12 are bank owned (REO)
- 1 is a short sale

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 comments box below.)