South Lake Tahoe Homes for Sale

South Lake Tahoe, Nevada Homes Sold in October

18 homes closed escrow on the Nevada side of South Lake Tahoe in October, 2012. This figure shows that interest in real estate at the lake is still strong. To date for the year there have been 127 homes to close escrow in that area, up from 118 in 2011 and 113 in 2010.

Here is the list of homes that closed escrow for the month of October, along with their neighborhood, selling price and asking price (in parenthesis):

148 Tramway #B, Kingsbury Neighborhood, $139,000 ($139,900)

South Lake Tahoe Homes Listed and Sold last week

The South Lake Tahoe real estate market continues to see a lot of action. During the week of October 1-8, 13 homes entered the market while 6 left the market since they closed escrow.

Lake Tahoe Home Sales: Is it a Buyer's Market or a Seller's Market?

The median home prices of California homes sold reached a 4-year high in August according to the California Association of Realtors. In their August sales report released this week, CAR reports that home sales fell off slightly for the month but are maintaining a strong pace with 5 straight months of year over year sales gains. They also reported that inventory of homes for sale continues to be an issue with inventory at a 6 year low. You will notice similar trends in Lake Tahoe as I explain in more detail below.

Real Estate: Tahoe Keys Neighborhood - Facts and Figures

South Lake Tahoe Real Estate is comprised of homes for sale in some fantastic neighborhoods. The Tahoe Keys is one of those and has long been known as home to upper scale houses with boat docks in the back yard, fantastic views of the lake and a very appealing place to call home. Built in the late 1950s and early 1960s, this 740 acre development at the mouth of the Truckee River was created with lakefront living in mind with its 11 miles of backyard waterways.

Syndicate content