All 2009 South Lake Tahoe, CA Listings Sold to Date

August 10th, 2009 categories: For Buyers, For Sellers, Lake Tahoe Real Estate, Major Market Reports, Sales Reports

All South Lake Tahoe, CA 2009 Sales214 South Lake Tahoe 2009 Single Family Home Sales to date.

We have just updated all 2009 South Lake Tahoe, CA residential home sales. As of today, there have been 214 home sales in South Lake Tahoe, CA this year.

Note that we have recently added a new 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 2009 home sales here.

Statistics for all 2009 home sales here.

 2009 Sales Summary : (not including Tahoe Keys)
Here’s what this information tells us about current market conditions in South Lake Tahoe, CA: (with  214 sales, please refer here for more sales data.)

  • The Median Sold Price for homes sold in 2009 is $315,000.
  • It was also $315,000 ,a month ago, and the month before that, and the month before that. (indicating stabilization)
  • 37.4% of all 2009 sales are either bank owned properties or short sales (which is why the price is so low). (It was 40.1% a month ago.)
  • The Average Original List Price is $434,351.
  • The Average Sold Price is $364,322.
  • The difference between Average Original List Price and Median Sold Price is $70,029, or 16.1%.
  • Average Days on Market is 166.
  • Average Price Sq. Ft. is $228.
  • The average size is 1,664 sq. ft.

To get as true indication of market conditions as possible, we also continue to look at and report all single family home sales in South Lake Tahoe,CA for the last 365, 180, 90 and 30 days as well. (see 365-day sales results here.)

 2009 Sales and Foreclosures  :
Of the 214 South Lake Tahoe, CA single family homes sold in 2009 to date, 37.4% of them are distressed properties:

  • 65 are bank owned (REOs)
  • 15 are short sales

 Homes in Escrow :
We have recently posted a report on current South Lake Tahoe, CA homes in escrow. There are 96 of these with a current Median Price of $305,950 (here). 54.2% of these homes in escrow are distressed properties (bank owned or short sales).

  Median Sold Price : (not including The Tahoe Keys)

  • For 2009 to date: $315,000.
  • For 2008: $390,000.
  • For 2007: $425,000.
  • For 2006: $475,000
  • For 2005: $475,000

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 comments box below.)

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This entry was posted on Monday, August 10th, 2009 at 9:47 am and is filed under For Buyers, For Sellers, Lake Tahoe Real Estate, Major Market Reports, Sales Reports. 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.

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