Archive for April, 2011

Lake Tahoe Real Estate Blog: Our New Television Commercial

April 30th, 2011 categories: About this Blog, About Us, For Buyers, For Sellers, Lake Tahoe Real Estate, South Lake Tahoe, CA, Stateline, NV, Video Seminar Series

More than 115,000 folks have come to us for South Lake Tahoe real estate information.

Featuring the South Lake Tahoe home buyer, this is our new television commercial that will start running on our cable system this Tuesday. It will run for a month on key cable news and sports channels, among others.

We hope you enjoy.

Some of our other television commercials and videos:

FEb 11, 2011: Our Real Estate Seminar Television Commercial
Dec 11, 2010: The Lake Tahoe Weather
Dec 9, 2010: How to find and use our Bolero Button… and why you should.
Oct 20, 2010: Bijou Neighborhood video
Sep 28, 2010: A South Lake Tahoe Indian Summer
Sep 23, 2010: Emerald Bay Treetops… and a Bald Eagle
Sep 16, 2010: Walking on Water… South Lake Tahoe Style
Sep 11, 2010: Al Tahoe Neighborhood video

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Written by Richard Bolen | Discussion: Please leave a comment.

Lake Tahoe Real Estate Blog: Seminar Pt 1, The Odds of Selling A South Lake Tahoe House

April 27th, 2011 categories: About this Blog, About Us, For Buyers, For Sellers, Lake Tahoe Real Estate, Our Seminars, South Lake Tahoe Statistics, South Lake Tahoe, CA, Stateline, NV

The Good News is you can, but a South Lake Tahoe House must be priced right to sell.

yes, there are odds to consider when selling a South Lake Tahoe house. IWe're certainly not suggesting that selling a house is a game of chance, however, it is something over which every home seller does have complete control.

Every home seller faces a difficult decision, and we would too if we were selling our homes now; the key consideration is, of course, to get as much as possible. If we set the bar too high, or lets put it this way, the higher we set the bar the lower our odds are of a timely, successful sale.

We have discussed much that a home seller ultimately loses money every time they over price a house for sale. In a key sequence in our seminar, we show you in detail that overpricing in today's market has recently costs sellers as much as $50,000 on a $300,000 house.

So price is where a seller has control, and an unreasonable list price, in addition to many dollars, also costs much time. In the video segment here, we look at the odds of selling a South Lake Tahoe house within the context of time, and by understanding competition, demand and monthly absorption rates, a seller can make a decision where he does have control, can increase his odds, and find success.

The video sequence here is from our recent real estate seminar that was held at Lake Tahoe Community College.

Throughout the seminar we also talk much to South Lake Tahoe home buyers. Precisely, we show how to take advantage of current market conditions, which are very much to a buyer's advantage, and we exactly demonstrate the fantastic savings that are inherent in today's historic low interest rates. (It really does mean buy now, or absolutely before interest rates climb, which they absolutely will.)

The seminar was in three parts. This is the twenty-first segment of Part I. You can also find Part I in it's entirety in our Vimeo account here. It is about 56 minutes in length.

The table of contents for the subjects covered in Part I of our seminar follows:

1. Seminar introduction.
2. Seminar structure and themes.
3. Better understanding Real Estate News.
4. A hardheaded Seller named Tom.
5. Putting you in front of the market: the purpose of our real estate seminar.
6. A market reality about selling a house.
7. The Successful v. the Professional Seller.
8. The two forces in every real estate market.
9. South Lake Tahoe median sold prices since 1970.
10. Effects of high end neighborhoods on the South Lake Tahoe real estate market.
11. How much have South Lake Tahoe home values declined?
12. The folly of real estate reporting, and what if baseball were reported like that?
13. The $300,000 South Lake Tahoe house then and now.
14. If you are considering selling now.
15. Housing demand on both sides of our state line.
16. Distressed property sales volume on both sides of our state line.
17. Distressed property sales effect on home values on both sides of our state line.
18. Distressed property sales compared to those that are not.
19. A short sale primer.
20. Summary Distressed Sales and Foreclosure Deluge comment
21. Your odds of selling a South Lake Tahoe house.
22. A look at expired listings, a positive surprise.
23. Selling for the most the quickest.
24. Showing you, not telling, you what the market is.
25. Acceptance of market reality and grief recovery.
26. Summary of market conditions.
27. What successful selling isn't and is.
 

Other videos about South Lake Tahoe of ours you may enjoy:

Feb 11, 2011: Our Television Commercial for the seminar
Dec 11, 2010: The Lake Tahoe Weather
Dec 9, 2010: How to find and use our Bolero Button… and why you should.
Oct 20, 2010: Bijou Neighborhood video
Sep 28, 2010: A South Lake Tahoe Indian Summer
Sep 23, 2010: Emerald Bay Treetops… and a Bald Eagle
Sep 16, 2010: Walking on Water… South Lake Tahoe Style
Sep 11, 2010: Al Tahoe Neighborhood video

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Written by Richard Bolen | Discussion: Please leave a comment.

South Lake Tahoe, CA Real Estate Update by Neighborhood

April 23rd, 2011 categories: Al Tahoe, Bijou, Black Bart, California Neighborhoods, Christmas Valley, Country Club Estates, For Buyers, For Sellers, Foreclosures, Gardner Mountain, Heavenly Valley, Highland Woods, Lake Tahoe Real Estate, Major Market Reports, Median Sold Price Report, Meyers, Montgomery Estates, North Upper Truckee, Pioneer Trail, Sales Reports, Sierra Tract, South Lake Tahoe Condos, South Lake Tahoe Statistics, South Lake Tahoe, CA, Stateline Area, Tahoe Island Drive, Tahoe Island Park, Tahoe Keys, Tahoe Keys Condos, Tahoe Paradise, Y Area

South Lake Tahoe, CA housing demand by neighborhood since 2003

The Top Five Home Selling South Lake Tahoe Neighborhoods

Here's 2011 South Lake Tahoe, CA housing demand by neighborhood.

All major South Lake Tahoe, CA neighborhoods are here; there are only a few sales not included. These are in a few areas and subdivisions with rare sales, of which there were only 9 sales in all four of them last year.

The charts below are the source of this information:

The five neighborhoods with the most number of houses are: (and these numbers are approximate)

  • 1. Bijou 1 & 2: 1,400
  • 2. North Upper Truckee 1 & 2: 1,325
  • 3. Sierra Tract: 1,010
  • 4. Montgomery Estates: 925
  • 5. Tahoe Keys: 900

The top five neighborhoods with the most 2011 houses sold to date are:

  • 1. Sierra Tract: 14
  • 2. North Upper Truckee 1 & 2: 13
  • 3. Tahoe Keys: 13
  • 4. Gardner Mountain: 12
  • 5. Montgomery Estates: 12

The five neighborhoods with the most 2010 houses sold are:

  • 1. Tahoe Keys: 54
  • 2. North Upper Truckee 1 & 2: 51
  • 3. Bijou 1 & 2: 47
  • 4. Al Tahoe: 40
  • 5. Sierra Tract: 39

The five neighborhoods with the most houses sold in the last 4 years (since Jan 1, 2008):

  • 1. Bijou 1 & 2: 146
  • 2. Tahoe Keys: 131
  • 3. North Upper Truckee 1 & 2: 128
  • 4. Sierra Tract: 115
  • 5. Tahoe Paradise: 105

The top five neighborhoods with the most distressed sales in 2011 are:

  • 1. Sierra Tract: 12
  • 2. Gardner Mountain: 9
  • 3. Bijou 1 & 2: 8
  • 4. Montgomery Estates: 6
  • 5. Pioneer Trail: 6

The top five neighborhoods with the most distressed sales in 2010 are:

  • 1. Bijou 1 & 2: 25
  • 2. Sierra Tract: 24
  • 3. North Upper Truckee 1 & 2: 23
  • 4. Pioneer Trail: 19
  • 5. Al Tahoe: 18

The top top five neighborhoods with the greatest percentage of 2011 total homes sold to date:

  • 1. Sierra Tract: (9.7%)
  • 2. Tahoe Keys: (9.0%)
  • 3. North Upper Truckee 1 & 2: (9.0%)
  • 4. Montgomery Estates: (8.3%)
  • 5. Gardner Mountain: (8.3%)

The top five neighborhoods with the greatest percentage of 2010 home sales:

  • 1. Tahoe Keys: (10.7%)
  • 2. North Upper Truckee 1 & 2: (10.1%)
  • 3. Bijou 1 & 2: (9.3%)
  • 4. Al Tahoe: (7.9%)
  • 5. Sierra Tract: (7.7%)

What's above makes sense, especially since most all of the neighborhoods cited are those with the greater number of houses. Taking that into consideration, lets look at some percentages of sales based on neighborhood density. This we think is a helpful comparison.

The top five neighborhoods with the greatest percentage of 2011 home sales to date compared to the total number of homes in the neighborhood:

  • 1. Gardner Mountain: (2.1%)
  • 2. Pioneer Trail: (1.6%)
  • 3. Black Bart: (1.5%)
  • 4. Tahoe Keys: (1.5%)
  • 5. Sierra Tract: (1.4%)

The top five neighborhoods with the greatest percentage of 2010 home sales to date compared to the total number of homes in the neighborhood:

  • 1. Tahoe Paradise: (6.6%)
  • 2. Tahoe Keys: (6.2%)
  • 3. Black Bart: (5.0%)
  • 4. Pioneer Trail: (4.8%)
  • 5. Tahoe Island Drive: (4.7%)

ABOUT PRICE:

The top five neighborhoods with the highest 2011 median sold price:

  • 1. Tahoe Keys: $669,000
  • 2. North Upper Truckee 1 & 2: $549,000
  • 3. Country Club Estates: $485,000
  • 4. Black Bart: $419,000
  • 5. Montgomery Estates: $411,250

The top five neighborhoods with the highest 2010 median sold price:

  • 1. Tahoe Keys: $675,000
  • 2. Montgomery Estates: $496,500
  • 3. Heavenly Valley: $454,300
  • 4. Country Club Estates: $428,000
  • 5. North Upper Truckee 1 & 2: $390,000

The top five 2011 neighborhoods with the most affordable median sold price for home buyers:

  • 1. Stateline Area: $143,000
  • 2. Y Area: $180,000
  • 3. Sierra Tract: $187,750
  • 4. Bijou $215,000
  • 5. Gardner Mountain: $225,375

The top five 2010 neighborhoods with the most affordable median sold price for home buyers:

  • 1. Stateline Area: $169,250
  • 2. Sierra Tract: $188,000
  • 3. Y Area: $215,000
  • 4. Black Bart: $227,500
  • 5. Tahoe Island Park: $235,000

The top five neighborhoods with the greatest median sold price decline thus far this year compared to that of 2010.

1. Montgomery Estates: -$85,000, or 17.2 down
2. Tahoe Paradise: -$85,200, or 23% down
3. Heavenly Valley: -$55,863, or 12.3% down
4. Gardner Mointain: -$49,125, or 17.9% down
5. Highland Woods: -$46,800, or 15.7% down

The top five neighborhoods with the greatest median sold price increase thus far this year compared to that of 2010.

1. Black Bart: $191,500, or 84.2% up (based on only 3 sales though)
2. North Upper Truckee 1 & 2: $169,000, or 44.5% up (based on 13 sales)
3. Country Club Estates: $57,000, or 13.3% up (based on 7 sales)
4. Meyers: $51,500, or 19.4% up (based on 4 sales)
5. Christmas Valley: $8,250, or 2.3% up% (based on 6 sales)

This chart is the source material for this study: (see it in full size here)

South Lake Tahoe, CA housing demand since 2008

Other related Lake Tahoe Real Estate Blog posts you may find of interest:

Jan 22, 2011: South Lake Tahoe, CA Distressed Sales by Neighborhood
Jan 22, 2011: South Lake Tahoe Median Sold Prices by Neighborhood since 2005

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Written by Richard Bolen | Discussion: Please leave a comment.

South Lake Tahoe Real Estate Listings Update: Lake Village, NV

April 22nd, 2011 categories: Lake Tahoe Real Estate

South Lake Tahoe Real Estate: Lake Village Neighborhood

Current Real Estate Activity: Lake Village townhomes & condominiums, Stateline, NV area of South Lake Tahoe.

We’ve just updated all  Lake Village  (NV) townhomes and condominium real estate activity in the Stateline, NV area of South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please note “Lake  Village  (NV)” found in our left sidebar.

Set amid a gentle alpine hillside forest, Lake Village is a quiet, sedate, well-planned, highly desirable condominium / townhome community. Properties range from affordable townhouses to large, vaulted ceiling, lake-view sunset-in-your-face retreats. Many of the properties in Lake Village are used as vacation homes and some have offered significant vacation rental income over the years. There are a few less than 350 townhomes here.

There are numerous floor plans and configurations here, ranging from a bit less than 1,000 square feet to as much as 4,000 square feet on three floors. Most Lake Village townhomes do not have a garage, but those that do are highly sought and normally at the high end of the Lake Village price range.

One of the great features of this community is its central location to all things good about South Lake Tahoe, including of course our nightlife, entertainment and 4-season recreation attractions. Here, one is minutes from gaming, live performances and the ski slopes. Of these we have our favorites, but what about yours?

Townhome sales in the current market climate have leveled off from our highs in 2004 and 2005, Where there were as many as 30 sales a year. There's less activity now, but the first third of 2011 has already given us half of all sales last year, and last year there were more sales than the year before. So demand is inching up since our 2008 low.

In the last four years the least costly Lake Village townhome sold for $180,000, a bank owned distressed sale that sold in 2009. The highest sale was for $1M, an exquisite lake view townhome that sold in 2008. Since then the nearest a sale has come to that was $625,000 in 2009.

At present there is one Lake Village townhome listed under $300,000, and the median sold price has returned from the low of $266,250 last year to $310,000 so far this year, and counting

  • 2011 Lake Village townhome or condo sales, here.
  • 2010 Lake Village townhome or condo sales, here.
  • Current  Lake Village, Stateline, NV  townhome or condos in escrow,  here.
  • Current  Lake Village, Stateline, NV  townhome or condos  listed,  here.

Fly-in to Skyland movie

Fly-in to Lake Village from outer space, here.

 

Also note that we have added information about distressed sales to this report, which can be found in the "special conditions" column on our neighborhood spreadsheets.

South Lake Tahoe Real Estate: Lake Village Neighborhood  Lake  Village  Sales Recap  : 

  • There have been  6  Lake Village townhome or condominium sales in 2011 at present. Three of these were distressed properties. This is half of the Lake Village sales that were recorded in 2010.
  • There are  13  Lake Village  townhomes or condos listed on the South Lake Tahoe Market right now. One of these is a distressed property.
  • There is  1  Lake Village townhome in escrow at present. It is a distressed property.

Sales Statistics:

 2011 Sales 
Lake Tahoe Real Estate Blog
Lake Village
Median Sold Price $310,000
Average Sold Price $334,500
Average List Price $421,250
$ Difference List v. Sold $87,580
% Difference List v. Sold 20.7%
Average Days on Market 376
Average Price Sq. Ft. $222
Average Size         1,636
 
As of  Thursday, April 21, 2011
5:57 pm
Gary Bolen and Richard Bolen
McCall Realty – 800-923-9022

Some other posts about Lake Village that may be of interest:

Oct 3, 2010: Lake Village homes for sale update
Aug. 7, 2010: South Lake Tahoe, NV News: Lake Village
Apr. 18, 2010: Observations on Lake Village Townhomes and Condominiums
Apr. 18, 2010: Lake Village Real Estate Listings Update
Jul. 14, 2009: Lake Village Real Estate Sales Update
Aug. 8, 2008: Lake Village Real Estate Market Update

Written by Richard Bolen | Discussion: Please leave a comment.

Lake Tahoe Real Estate Blog: Seminar Pt 1, Is the Foreclosure Deluge Coming to South Lake Tahoe?

April 22nd, 2011 categories: About this Blog, About Us, Buyers Report, For Buyers, For Sellers, Foreclosures, Lake Tahoe NV Statistics, Lake Tahoe Real Estate, Our Seminars, short sales, South Lake Tahoe Statistics, South Lake Tahoe, CA, Stateline, NV, Video Seminar Series

It might, but there's no evidence of a foreclosure deluge in South Lake Tahoe… yet!

well, it's the truth, we're not seeing evidence of a meaningful increase in the number of bank owned homes and short sales to hit the South Lake Tahoe real estate market. We're not saying it won't happen, of course, but we've all been hearing about a deluge of foreclosures to hit the market… well, since 2009.

We're certainly not being cavalier; nearly one of every two South Lake Tahoe home buyers is buying a distressed property these days, but we've been seeing that trend with little variation for almost two years now..

The video sequence here has much more discussion with supporting graphics about foreclosure incidence. It is from our recent real estate seminar that was held at Lake Tahoe Community College.

Throughout the seminar we also talk much to South Lake Tahoe home buyers. Precisely, we show how to take advantage of current market conditions, which are very much to a buyer's advantage, and we exactly demonstrate the fantastic savings that are inherent in today's historic low interest rates. (It really does mean buy now, or absolutely before interest rates climb, which they absolutely will.)

The seminar was in three parts. This is the twentieth segment of Part I. You can also find Part I in it's entirety in our Vimeo account here. It is about 56 minutes in length.

The table of contents for the subjects covered in Part I of our seminar follows:

1. Seminar introduction.
2. Seminar structure and themes.
3. Better understanding Real Estate News.
4. A hardheaded Seller named Tom.
5. Putting you in front of the market: the purpose of our real estate seminar.
6. A market reality about selling a house.
7. The Successful v. the Professional Seller.
8. The two forces in every real estate market.
9. South Lake Tahoe median sold prices since 1970.
10. Effects of high end neighborhoods on the South Lake Tahoe real estate market.
11. How much have South Lake Tahoe home values declined?
12. The folly of real estate reporting, and what if baseball were reported like that?
13. The $300,000 South Lake Tahoe house then and now.
14. If you are considering selling now.
15. Housing demand on both sides of our state line.
16. Distressed property sales volume on both sides of our state line.
17. Distressed property sales effect on home values on both sides of our state line.
18. Distressed property sales compared to those that are not.
19. A short sale primer.
20. Summary Distressed Sales and Foreclosure Deluge comment
21. Your odds of selling a South Lake Tahoe house.
22. A look at expired listings, a positive surprise.
23. Selling for the most the quickest.
24. Showing you, not telling, you what the market is.
25. Acceptance of market reality and grief recovery.
26. Summary of market conditions.
27. What successful selling isn't and is.
 

Other videos about South Lake Tahoe of ours you may enjoy:

Feb 11, 2011: Our Television Commercial for the seminar
Dec 11, 2010: The Lake Tahoe Weather
Dec 9, 2010: How to find and use our Bolero Button… and why you should.
Oct 20, 2010: Bijou Neighborhood video
Sep 28, 2010: A South Lake Tahoe Indian Summer
Sep 23, 2010: Emerald Bay Treetops… and a Bald Eagle
Sep 16, 2010: Walking on Water… South Lake Tahoe Style
Sep 11, 2010: Al Tahoe Neighborhood video

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Written by Richard Bolen | Discussion: Please leave a comment.

South Lake Tahoe Real Estate Listings Update: Round Hill, NV

April 21st, 2011 categories: Buyers Report, For Buyers, For Sellers, Foreclosures, Lake Tahoe NV Statistics, Lake Tahoe Real Estate, Nevada Neighborhoods, Round Hill, short sales, South Lake Tahoe Statistics, Stateline, NV

Round Hill neighborhood of Stateline, NV in South Lake Tahoe

Homes for Sale Activity: Round Hill, Stateline, NV area of South Lake Tahoe.

We’ve just updated all  Round Hill  (NV) neighborhood real estate homes for sale activity in the Stateline, NV area of South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please note “Round Hill  (NV)” found in our left sidebar.

Round Hill is another one of South Lake Tahoe's most charming neighborhoods, this one on the Nevada side of Lake Tahoe.

Here, we're close to shopping, all South Lake Tahoe nighlife, entertainment and recreation attractions, and Round Hill has it's own beach and open air cabana.

Homes here range from affordable to high end luxury estates. There's a lake view every now and then too, but mostly Round Hill is alpine sierra living at its best.

It's quiet, secluded and set amid tall trees, and there are many forest backed lots with stunning tranquility.

With some 200 and a few more Homes, Round Hill home prices range from low to mid-market values to upscale lake view properties. There are a few condominiums located in Roundhill as well.

In the last 4 years, the lowest Round Hill home sold was a bank-owned sale for $365,000. A very lucky, smart buyer found that. The highest Round Hill sale was $1,750,000, a lake view home sold in 2009.

  • 2011 Round Hill, single family home sales, here.
  • 2010 Round Hill, single family home sales, here.
  • Current  Round Hill, single family homes in escrow,  here.
  • Current  Round Hill, single family homes listed,  here.

Fly-in to Skyland movie

Fly-in to Round Hill from outer space, here.

Also note information about distressed sales to help you easily determine if a house is bank owned, a short sale or not. This can also be found in the "special conditions" column on our neighborhood spreadsheets.

South Lake Tahoe Real Estate: Round Hill Neighborhood.

 2011 Round Hill homes for sale activity :

  • There are  2  Round Hill 2011 single family home sales. One of them was a distressed property.
  • There are  6  Round Hill  single family homes listed on the South Lake Tahoe Market right now. One of these is a distressed property.
  • There is  1  Round Hill single family homes in escrow at present. It is a distressed property.

Sales Statistics:

 2011 Sales 
Lake Tahoe Real Estate Blog
Round Hill
Median Sold Price $587,500
Average Sold Price $587,500
Average List Price $660,000
$ Difference List v. Sold $72,500
% Difference List v. Sold 11%
Average Days on Market 158
Average Price Sq. Ft. $225
Average Size 2,843
 
As of  Thursday, April 21, 2011
11:07 am
Gary Bolen and Richard Bolen
McCall Realty- 800-923-9022

Previous Lake Tahoe Real Estate Blog posts:

Oct 14, 2010: Round Hill real estate listings update
Feb 6, 2010: Round Hill homes for sale update
Aug 12, 2009: Round Hill real estate update
Feb 8, 2009: Final 2008 Round Hill homes for sale recap
jun 6, 2008: Round Hill home listings update

We offer this information as a public service. It is the most complete information on Round Hill  (NV) 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. (Comments box below.)

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Written by Richard Bolen | Discussion: Please leave a comment.

South Lake Tahoe Business Spotlight: Doc’s Handyman Tahoe

April 21st, 2011 categories: For Buyers, For Sellers, Lake Tahoe Real Estate, South Lake Tahoe Businesses, South Lake Tahoe, CA, Stateline, NV

South Lake Tahoe Business Spotlight

Time for Some Spring Repairs at Lake Tahoe

It's that time again……….winter is beginning its long good-bye, and Lake Tahoe locals are looking at their houses………and saying hmmmmm……something needs to be done. We're here to tell you that Doc's Contractor + Handyman is on the job!

Maybe the house needs a new coat of paint on the exterior surfaces; maybe some concrete work needs repair; maybe the deck could use some refurbishing (staining or painting or some re-fitting); maybe the fence could use some help after being buried for so long.  Maybe it's time to re-tile that bathroom or mudroom. Or maybe it's just time for a change!

Whatever the job, upgrade or repair, we always stress about who we should call.  Well, hopefully this spotlight will take some of the stress out of your choice, because Doc's is a great option!

Many locals already know Doc because he's been meeting their construction needs since 1999, always providing superior service.  Doc has a solid reputation based on integrity, knowledge, reliability, dependability and flexibility.

Are you ready……..his services cover painting, electrical, tilework, plumbing, concrete work, sheetrock, framing, roofing, locksmithing…..and that's just to name a few!

Trust your next project to a really GOOD GUY, give Doc a call or visit his website (or both!). He's got an email link there.

WebSite: www.docshandymantahoe.com
Office Phone: 530-541-2848
Cell Phone: 530-314-4722

Sources: personal knowledge, Doc's

Other Business Spotlights you might enjoy:

April 12, 2011 Powder House, here
April 8, 2011 Beach Hut Deli, here
April 5, 2011 HeliTahoe, here
March 29, 2011 Tahoe Boat Rentals, here
March 14, 2011 Alpen Sierra Coffee Roasting Company, here

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Written by Richard Bolen | Discussion: Please leave a comment.

South Lake Tahoe Real Estate Listings Update: Skyland, NV

April 20th, 2011 categories: Buyers Report, For Buyers, For Sellers, Foreclosures, Lake Tahoe NV Statistics, Lake Tahoe Real Estate, Major Market Reports, Market Performance Updates, Nevada Neighborhoods, short sales, Skyland, South Lake Tahoe Statistics, Stateline, NV

South Lake Tahoe Real Estate: Skyland Neighborhood

Homes for Sale Activity: Skyland neighborhood, Stateline, NV area of South Lake Tahoe.

We’ve just updated all  Skyland  (NV) neighborhood real estate homes for sale activity in the Stateline, NV area of South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please note “Skyland  (NV)” found in our left sidebar.

From the sky high into Skyland, you gotta love it. Here's one of our most desirable Nevada neighborhoods. Affordable homes to stately lake front estates, and it's all good. A private beach, hiking trails, and a lot of lake side living. No wonder, this Skyland wonder always continues to amaze.

Skyland spans an area between Highway 50 and the Lake. Amid towering pines, Skyland is a sedate, backyard and barbecue neighborhood known for large lots, lots of shade, and lake side living. And yes, there is a private beach for homeowners here.

Homes range from much more modest opportunities these days to top of the market lakefront properties and estates. Numerous celebrities, and the legendary Bill Harrah, yes he of Harrah's, have lived here.

There's about 300 homes in Skyland. Since 2007 there have been 29 Skyland sales there were not lake front properties. Only 4 of these was under $500,000. There are also only four of these that sold for $1 million or more.

  • 2011 Skyland, single family home sales, here.
  • 2010 Skyland, single family home sales, here.
  • Current  Skyland, single family homes in escrow,  here.
  • Current  Skyland, single family homes listed,  here.

Fly-in to Skyland movieFly-in to Skyland from outer space here.

Also note information about distressed sales below to help you easily determine if a house is bank owned, a short sale or not. This can also be found in the "special conditions" column on our neighborhood spreadsheets.

South Lake Tahoe Real Estate: Skyland Neighborhood (Image by Jamison Wieser, San Francisco)

 2011 Skyland homes for sale activity :

  • There is  1  Skyland single family home sale in 2011. It was a distressed property.
  • There are  4   Skyland  single family homes listed on the South Lake Tahoe Market right now. One is a distressed property.
  • There is  1  Skyland single family home in escrow at present.  None is a distressed property.

Sales Statistics:

 2011 Sales 
Lake Tahoe Real Estate Blog
Skyland
Median Sold Price $850,000
Average Sold Price $850,000
Average List Price $855,900
$ Difference List v. Sold $5,900
% Difference List v. Sold .7%
Average Days on Market 88
Average Price Sq. Ft. $246
Average Size 3,482
 
As of  Wednesday, April 20, 2011
5:07 pm
Gary Bolen and Richard Bolen
McCall Realty – 800-923-9022

Some previous Lake Tahoe Real Estate Blog posts about Skyland:

Oct 14, 2010: Skyland real estate listings update
Feb 6, 2010: Skyland homes for sale update
Aug 12, 2009: Skyland real estate update
Feb 8, 2009: Final 2008 Skyland home sales update
Aug 8,2008: Skyland home listings update

We offer this information as a public service. It is the most complete information on  Skyland  (NV) 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. (Comments box below.)

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Written by Richard Bolen | Discussion: Please leave a comment.

South Lake Tahoe Real Estate Listings Update: Summit / Tahoe Village, NV

April 20th, 2011 categories: Condominium Reports, For Buyers, For Sellers, Foreclosures, Lake Tahoe NV Statistics, Lake Tahoe Real Estate, Nevada Neighborhoods, South Lake Tahoe Statistics, Stateline, NV, Summit Tahoe Village, Video Seminar Series

South Lake Tahoe Real Estate: Summit Tahoe Village Neighborhood

Current Real Estate Activity: Summit / Tahoe Village Condominiums, Stateline, NV area of South Lake Tahoe.

We have just updated all  Summit / Tahoe Village  (NV) townhomes and condominium real estate activity in the Stateline, NV area of South Lake Tahoe, including all 2011 sales, current escrow and all active listings. Please note “Summit / Tahoe Village  (NV)” found in our left sidebar.

Perched at the top of the Nevada side of Heavenly Mountain. Summit and Tahoe Village are our two most desirable townhome condominium ski- communities. Both Stagecoach and Boulder ski lifts are right in these neighborhoods, and no where is getting to the top of Heavenly to sky any faster.

From small duplexes to elevator buildings, condominiums here range from modest studios to large, multi-floor, panoramic lake view and Carson-valley view properties. Many are vacation homes that produce meaningful vacation rental income. Anybody ready for big time winter fun. It's all here in Summit Tahoe village.

There are a few less than 400 condominiums here. Median sold prices are down significantly from what they were 4 years ago, about 63%. The cause of this is a significantly greater percentage of distressed property sales than in any other South Lake Tahoe neighborhood.

  • 2011 Summit / Tahoe Village, Stateline, NV townhome or condo Sales, here.
  • 2010 Summit / Tahoe Village, Stateline, NV townhome or condo Sales, here.
  • Current  Summit / Tahoe Village, Stateline, NV  townhome or condos in escrow,  here.
  • Current  Summit / Tahoe Village, Stateline, NV  townhome or condos  listed,  here.

Fly-in to Zephyr Heights from outer spaceFly-in to Summit Tahoe Village from outer space here.

Also note that we have added information about distressed sales to this report, which can be found in the "special conditions" column on our neighborhood spreadsheets.

 

South Lake Tahoe Real Estate: Summit Tahoe Village Neighborhood  Current South Lake Tahoe  Summit / Tahoe Village  Neighborhood Sales Recap  : 

  • There are  10  Summit / Tahoe Village 2011 townhome or condo sales at present. Seve7 of these are distressed properties (50%).
  • There are  29   Summit / Tahoe Village  townhome or condominiums listed on the South Lake Tahoe market right now. At lease four of these are distressed properties.
  • There are  6   Summit / Tahoe Village townhomes or condominiums in escrow at present.  /Five of these are distressed properties.

Sales Statistics:

  All 2011 Sales 

Lake Tahoe Real Estate Blog
Summit Tahoe Village
Median Sold Price $111,550
Average Sold Price $151,740
Average List Price $212,810
$ Difference List v. Sold $61,070
% Difference List v. Sold 28.7%
Average Days on Market 228
Average Price Sq. Ft. $183
Average Size 838
 
As of  Tuesday, April 19, 2011
6:07 pm
Gary Bolen and Richard Bolen
McCall Realty – 800-923-902

Previous Summit Tahoe Village posts of prior real estate market conditions:

Mar 29, 2010: Summit Tahoe Village real estate listings update
Feb 9, 2010: Summit Tahoe Village condominiums for sale update
Dec 26, 2009: Summit Tahoe Village real estate homes for sale update
Aug 26, 2009: Summit Tahoe Village real estate market update
Nov 15, 2008: Summit Tahoe Village townhomes and condominiums

We offer this information as a public service. It is the most complete information on  Summit / Tahoe Village  (NV) 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. (Use comments box below.)

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Written by Richard Bolen | Discussion: Please leave a comment.

Lake Tahoe Real Estate Blog: Seminar Pt 1, A Short Sale Primer

April 20th, 2011 categories: About this Blog, About Us, For Buyers, For Sellers, Foreclosures, Lake Tahoe Real Estate, Our Seminars, short sales, South Lake Tahoe, CA, Stateline, NV, Video Seminar Series

The South Lake Tahoe Short Sale, much better than it use to be!

we use to not do short sales, but now we do. 'There are two key reasons why, the first being that some time around the turn of 2009 into 2010 banks finally became aware that they make more money selling short than they do foreclosing. Honestly, we don't know what took them so long, but this change in attitude caused the short-sale process to generally improve somewhat throughout all of 2010.

The other reason why we do short sales now, and we do them successfully, is we use a third-party short sale specialist for all of our California activity, one with which we have had 100% short sale success to date.

The video sequence here has more discussion on us and short sales. It is from our recent real estate seminar that was held at Lake Tahoe Community College.

Throughout our seminar we frequently discuss what it takes to sell in today's market. Accurate pricing is the key to success, and we take great care in helping a seller get to that point. Sometimes it does take a while.

Throughout the seminar we also talk much to South Lake Tahoe home buyers. Precisely, we show how to take advantage of current market conditions, which are very much to a buyer's advantage, and we exactly demonstrate the fantastic savings that are inherent in today's historic low interest rates. (It really does mean buy now, or absolutely before interest rates climb, which they absolutely will.)

The seminar was in three parts. This is the nineteenth segment of Part I. You can also find Part I in it's entirety in our Vimeo account here. It is about 56 minutes in length.

The table of contents for the subjects covered in Part I of our seminar follows:

1. Seminar introduction.
2. Seminar structure and themes.
3. Better understanding Real Estate News.
4. A hardheaded Seller named Tom.
5. Putting you in front of the market: the purpose of our real estate seminar.
6. A market reality about selling a house.
7. The Successful v. the Professional Seller.
8. The two forces in every real estate market.
9. South Lake Tahoe median sold prices since 1970.
10. Effects of high end neighborhoods on the South Lake Tahoe real estate market.
11. How much have South Lake Tahoe home values declined?
12. The folly of real estate reporting, and what if baseball were reported like that?
13. The $300,000 South Lake Tahoe house then and now.
14. If you are considering selling now.
15. Housing demand on both sides of our state line.
16. Distressed property sales volume on both sides of our state line.
17. Distressed property sales effect on home values on both sides of our state line.
18. Distressed property sales compared to those that are not.
19. A short sale primer.
20. Summary Distressed Sales and Foreclosure Deluge comment
21. Your odds of selling a South Lake Tahoe house.
22. A look at expired listings, a positive surprise.
23. Selling for the most the quickest.
24. Showing you, not telling, you what the market is.
25. Acceptance of market reality and grief recovery.
26. Summary of market conditions.
27. What successful selling isn't and is.
 

Other videos about South Lake Tahoe of ours you may enjoy:

Feb 11, 2011: Our Television Commercial for the seminar
Dec 11, 2010: The Lake Tahoe Weather
Dec 9, 2010: How to find and use our Bolero Button… and why you should.
Oct 20, 2010: Bijou Neighborhood video
Sep 28, 2010: A South Lake Tahoe Indian Summer
Sep 23, 2010: Emerald Bay Treetops… and a Bald Eagle
Sep 16, 2010: Walking on Water… South Lake Tahoe Style
Sep 11, 2010: Al Tahoe Neighborhood video

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Written by Richard Bolen | Discussion: Please leave a comment.

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