Finding and Using Your South Lake Tahoe Real Estate Statistics: Here’s How.

One of the key features and services of the Lake Tahoe Real Estate Blog are the statistics found herein. The statistics are market facts, rumor free and without opinion. Think of them as the truth, the whole truth and nothing but the truth about your current South Lake Tahoe real estate market condition.

Your market statistics are just that. Stats. It is fact-based information, and all of it. There is nothing unique about them per se. They just are what they are. What is unique, and prehaps remarkable, is that they can be found here. All day, every day. By using this resource, you are that far ahead of your real estate curve. You can not find this online information resource anywhere else; it simply does not exist.
(click "read the rest of this entry" below)

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Our main goal in providing these stats is to give you reliable information that you can count on. It’s a public service for you to see, contemplate, interpret, and make informed decisions based thereon. The information us updated monthly, and you can get to it at your discretion, 24 hours a day, seven days a week… anytime you want, in complete privacy… and on any online computer anywhere in the world.

Consider this blog as your complete, hassle free, cost free real estate sentry if you will. Here, you are truly at South Lake Tahoe Real Estate Market Central.

What the Statistics here are intended to do?
Your real estate market statistics are the basis for making the best real estate decision possible. If, and whenever that time might come.

What will happen if I use the Statistics?

• If you base a selling decision on fact-based information, and price your home within current guidelines, your house will sell.

• If you base a buying decision on fact-based information, and understand current value and market forces, you will make a wise real estate purchase.

How will my use of these Statistics impact the overall market?

• Houses that are priced consistent with market guidelines are attractive to Buyers.

• Attractive listings increases Buyer demand.

• Increased demand reduces supply.

• Fact-based pricing creates a healthy real estate market.

 Where do I find the Statistics?

• The Stats are all found under links in the left sidebar (circled in red). Click on any link to get to them.

• Here you will find links to complete statistics for: (on both sides of our state line)
  • Complete Market Performance – Last 365 Days
  • All Annual Sales
  • All Current Escrow Report
  • Current Absorption Rates – Last 365 Days
  • Statistics for Neighborhood

 How do I Use the Statistics?

• For the example here, we’re looking at a particular neighborhood. (Al Tahoe, as found in the left sidebar of the main page above.)

• First, look at the spreadsheet. Every listing, sale or escrow relevant to that spreadsheet is there.

• Circled in yellow are buttons that will lead you to other spreadsheets.

• Circled in red are links that will lead you to the Statistics Charts of each particular spreadsheet.?

 What are the Statistics Charts?

• Links on the spreadsheet example above will lead you to a Statistics Chart similar to this one.

• Each Statistics Chart also has six navigation buttons.

• The "Escrow" button (circled in yellow) will lead you to stats for all homes in Escrow.

• The other buttons will lead you to Statistics Charts for all current listings, 2007 Sales and so on.

• Each Statistics Chart contains:
  • Medial Sold Price
  • Current Reduced Price
  • Average List Price
  • Price difference list v. reduced price
  • Percent difference list v. reduced price
  • Average Days on Market
  • Average Price per Square Foot
  • Average Size
  • Date and time chart was produced.

 Where do these Statistics Come from, and what does it take to Produce them?

• All information here comes from our two multiple listing services (MLS). There is no other resource for it.

• We produce the information ourselves from a raw data feed.

• Software used for production is Excel, PhotoShop, Illustrator and Dreamweaver.

• It takes from 4 to 6 hours per day to keep your information resource updated.

• Updates are done monthly, and often much sooner as needed to capture market shifts, if any, and changes.
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We offer this information as a public service. It is the most complete and current information on the South Lake Tahoe 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. (Use comments box below.)

Posted by Richard Bolen on Wednesday, September 26th, 2007 at 11:15 pm.