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

June 15th, 2009 categories: For Buyers, For Sellers, Lake Tahoe NV Statistics, Lake Tahoe Real Estate, Sales Reports, Stateline, NV

32 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 32 sales in 2009 to date.
The Median Sold Price is $510,000.
It was $517,500 a month ago.
The Average Original List Price was $629,583.
The Average Sold Price was $550,149. (It was $577,055 a month ago.)
The difference between Average Original List Price and Median Sold Price was $79,434 or 12.6%. (It was about the same a month ago.)
Average Days on Market is 149. (It was 145 a month ago.)
Average Price Sq. Ft. was $272. (It was $266 a month ago.)

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

For 2009: $510,000 (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 32 2009 home sales in the Stateline, NV area of South Lake Tahoe to date:

16 are distressed sales, 50%. (It was 48.1% a month ago.)
- 15 are bank owned (REO)
- 1 is a short sale

Current and Recent Stateline, NV home sales updates:

May 18, 2010 Sales Report, here.
February 2, 2010 Sales Report, here.
January 18, 2010, Final Stateline, NV 2009 sales, here.
December 20, 2009 Sales Report, here.
November 2, 2009 Sales Report, here.
August 16, 2009 Sales Report, here.
July 21, 2009 Sales Report, here.
June 15, 2009 Sales Report, here.
May 12, 2009 Sales Report, here.
April 5, 2009 Sales Report, here.
March 16, 2009 Sales Report, here.
February 9, 2009 Sales Report, here.