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« South Lake Tahoe, CA Demand: Final 2008 Home Sales Absorption Rates
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South Lake Tahoe Home Sales Performance in the last 365 Days

South Lake Tahoe Home Sales Update - Last 365 DaysHome Sales Summaries for South Lake Tahoe, CA.

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

The median sold price has remained the same as it was last month, $390,000. This is based on all single family sales in South Lake Tahoe, CA in the last 180 calendar days, and the 2008 year-end home sales results as well.

What is different this month is that the median sold price for homes sold in the last 90 days is lower, and for the last 30 days is higher than the 180-day number.  Last month both of these subsets were lower.  It is normal to see fluctuations in both the 90-day and 30-day results when compared to the median sold price in the last 180 days. (see below)

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: $390,000.

 Median Sold Price:  All South Lake Tahoe Home Sales in the Last 180 Days: $390,000.

  • It was $380,000 4 months ago.

 Median Sold Price:  All South Lake Tahoe Home Sales in the Last 90 Days: $385,000.

  • It was $377,000 thirty days ago.

 Median Sold Price:  All South Lake Tahoe Home Sales in the Last 30 Days: $405,000.

  • It was $367,500 thirty days ago.

 Average Days on Market the Last 365 Days (DOM):
Average DOM is now 161.
DOM for 2008 was 161.
DOM for 2007 was 157.
DOM for 2006 was 125.

 Average Days on Market in the Last 180 Days:
DOM is 160.

Difference Avg. Original List Price and Median Sold Price – Last 365 Days:
Difference from Original List price to Median Sold price is $71,901, or 13.7%.
For 2007 it was 10.5%
For 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 $68,178, or 13.1%.

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Posted by Richard Bolen on Monday, January 5th, 2009 at 4:00 pm.

3 Responses to “South Lake Tahoe Home Sales Performance in the last 365 Days”

[...] Lake Tahoe real estate market nearing its bottom, and if not that completely, at least flattening. (here) The median sold price, having basically repeated itself since last June is the best resource [...]

Left by Why We Use 180-Day Sales Figures as a South Lake Tahoe Real Estate Market Determinant. on January 17th, 2009

[...] home value decline? Certainly, but we are not picking up statistical evidence of that presently (here). We do have a good question coming, though, about the possibility that more decline is already [...]

Left by What the South Lake Tahoe Real Estate Market May, of May Not Do. on January 21st, 2009

[...] A Bridge over Disconnected Waters?  As many of you may know, we continually update South Lake Tahoe market conditions via reports that track the median sold price, and any changes thereunto (here). [...]

Left by The $300,000 South Lake Tahoe house then and now. on January 25th, 2009

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