South Lake Tahoe, CA Real Estate Listings Sales in the last 365 Days

February 23rd, 2010 categories: For Buyers, For Sellers, Lake Tahoe Real Estate, Major Market Reports, Market Performance Updates, South Lake Tahoe Statistics, South Lake Tahoe, CA

South Lake Tahoe Home Sales Update - Last 365 Days South Lake Tahoe, CA. Real Estate Trends, Conditions and Median Sold Price

We’ve updated home sales summaries and Market Performance for South Lake Tahoe, CA.

The median sold price is $298,500. ( It was $301,875on February 2nd, and $305,000 two months ago.) This is based on all single family sales in South Lake Tahoe, CA in the last 180 calendar days (Tahoe Keys homes not included).

The median sold price for the last 365 days is now $305,000. (that same number was $314,000 on February 2nd, and $319,000 two months ago.)

The key contributing factor to South Lake Tahoe decline in home prices is the effect of foreclosed home sales on the real estate market.

Since the first of this year, we have seen an  increase in the percentage of  both foreclosed homes sold and those in escrow. Of all homes sold in South Lake Tahoe in 2008, about 20% of them were in foreclosure. That same number was 39% in 2009.

  • At present 46.6% of South Lake Tahoe home sales in the last 180 days are distressed properties.
  • Of the 97 homes currently in escrow, 71 (73.2%) of these are also distressed sales (Either foreclosures or short sales. This same number was 57.7% two months ago.)

All South Lake Tahoe home sales in the last 365 days, here. 


Note: Tahoe Keys not included. (Review Tahoe Keys home sales )

 Median Sold Price:  All South Lake Tahoe Home Sales in the Last 365 Days: $305,000.

  • It was $305,000 on February 2nd.
  • It was $319,000 on October 27th.
  • It was $320,000 on October 8th.
  • It was $353,000 on August 8th.
  • It was $360,000 on Jul 18th.
  • It was $340,000 on May 28th.
  • It was $365,000 on May 11th.
  • It was $375,000 on Apr. 10th.
  • It was $370,000 on Feb. 16th.
  • It was $390,000 on Jan 4th.

 Median Sold Price:  All South Lake Tahoe Home Sales in the Last 180 Days: $298,500.

  • It was $301,875 on February 2nd.
  • It was $305,000 on October 27th.
  • It was $300,000 on October 8th.
  • It was $315,000 on August 8th.
  • It was $318,000 on July 18th.
  • It was the same on June 18th.
  • It was $325,000 on May 28th.
  • It was $330,000 on May 11th.
  • It was $361,000 on Apr. 10th.
  • It was $365,000 on Mar. 18th.
  • It was $388,000 on Feb. 16th.
  • It was $390,000 on Jan. 4th.

 Median Sold Price:  All South Lake Tahoe Home Sales in the Last 90 Days: $305,000.

  • It was $290,000 on February 2nd.
  • It was $301,875 on October 27th.
  • It was the same on October 8th.
  • It was $315,000 on August 8th.
  • It was $310,000 on July 18th.
  • It was $315,000 on June 18th.
  • It was the same on May 28th.
  • It was $319,000 on May 11th.
  • It was $340,000 on Apr. 10th.
  • It was $326,000 on Mar. 18th.
  • It was $355,000 on Feb. 16th.
  • It was $385,000 on Jan. 4th.

Difference Avg. Original List Price and Median Sold Price – Last 365 Days:
Difference from Original List price to Median Sold price is 17.4%.

  • It was 17.5% on February 2nd.
  • It was 15.3% on October 27th.
  • It was 14.8% on October 8th.
  • It was 14.9% on August 8th.
  • For all of 2008 it was 13.7%.
  • For all of 2007 it was 10.5%.
  • For all of 2006 it was 7.2%.


 Difference Avg. Original List Price and Median Sold Price – Last 180 Days:
Difference from Original List price to Median Sold price is 14.6%.

  • It was 14.4% on February 2nd.
  • It was 13.8% on October 27th.
  • It was 14.4% on October 8th.
  • It was 16% on August 8th.

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This entry was posted on Tuesday, February 23rd, 2010 at 11:19 am and is filed under For Buyers, For Sellers, Lake Tahoe Real Estate, Major Market Reports, Market Performance Updates, South Lake Tahoe Statistics, South Lake Tahoe, CA. 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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