South Lake Tahoe Real Estate

Number of homes for sale rising in South Lake Tahoe

Now that July has drawn to a close, the South Lake Tahoe real estate figures are in.

The number of people deciding to sell their Tahoe homes rose slightly in July, with an increase of 4.6% in new listings, while the total number of homes on the market has risen 8.9% in the past 12 months. Also on the rise is the median sales price. In July, the median price for closed sales was $346,000. In July of 2014, it was $339,000.

Pending sales were also on the rise while closed sales stayed even from last year, though up from May and June.

So, what does this mean?

South Lake Tahoe Realtors earn international awards

Six real estate agents at Coldwell Banker McKinney & Associates have achieved international award designations.

Peggy Eichhorn has been honored as a member of the prestigious Coldwell Banker International President’s Circle. This membership is awarded to the top 4 percent of all Coldwell Banker sales associates worldwide.

Monique McIntyre was also honored as a member of the Coldwell Banker International Diamond Society. This membership is awarded to the top 8 percent of all Coldwell Banker sales associates worldwide.

City Council News: Lot sells for $1.1M; Raises given; Connolly and Regan Beach updates

The City Council Tuesday formalized the offer on the SW corner lot on Ski Run Blvd and Highway 50. The lot, along with 12,000 square feet of commercial floor area (CFA), was sold for $1.1 million to Halferty Development Company.

Strong South Lake Tahoe Real Estate Market Continues

The real estate market in South Lake Tahoe continues to show strong numbers, no matter which set of figures you look at. What was especially high in October was the median price of homes sold.

Median Sales Price Continues to Rise

South Lake Tahoe Homes Sales and Median Prices Continue to Rise in July

We are still seeing a lot of action in the South Lake Tahoe real estate market! The July, 2013 figures were just released and they continue to show that interest in buying a home in Lake Tahoe is still growing. During the last year we saw home buyers flock to Lake Tahoe for a few reasons: low interest rates and an increased interest to buy something before they felt it was too late. When we saw more home listings enter the market this summer we saw the sales frenzy subside a bit.

Lake Tahoe Real Estate Market Review for April

Median price of homes sold continues to increase

The median sales prices for homes sold in April of 2013 rose 48% from April of 2012 to $334,500. When analyzing the figures in more detail, you see some interesting things.

Lake Tahoe Real Estate News for February

We have had a strong start to 2013 in Lake Tahoe. Homes continue to sell at a strong pace and now the median price is starting to rise. With a continually reducing inventory of homes on the market and the interest rates still at an all time low, I believe we'll continue to see strong sales.

South Lake Tahoe Real Estate 2012 Wrap Up

We saw a lot of home buyers in Lake Tahoe during 2012, setting the stage for another strong year in real estate.

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.

Closed sales of South Lake Tahoe homes continue to rise in August

The August real estate figures are in for South Lake Tahoe and there are no surprises. We continue to see increased sales, decreased new listings and decreased number of homes on the market. The only thing that really isn't following the expected pattern is the median home price of homes sold in the area.

Increased Sales of Tahoe Homes

South Lake Tahoe Real Estate: Sales Pace and Prices Rise in July

The National Association of Realtors (NAR) released their monthly report, and the national news is much as it is in Lake Tahoe: "Sales of existing homes rose in July even with constraints of affordable inventory." Their report stated that monthly sales rose in every region but the West, where inventory is very tight.

Low Inventory of Homes in Lake Tahoe

Lake Tahoe Real Estate Figures for July 2012

Perhaps we're starting to sound like a broken record since each month's Lake Tahoe real estate sales figures continue to outshine the figures from the month before.

Closed Home Sales Rise

South Lake Tahoe Real Estate Figures for June 2012

It appears that the recovery trend of real estate in South Lake Tahoe is continuing, based on figures just in for the month of June. Closed home sales saw a dramatic increase, both over last year's sales figures as well as those from last month. In June of 2012 there were 81 closes home sales, the highest figure in over 6 years. If you break apart the figures and look at sales in the different price ranges, the homes which sold at $300,000 or less saw a 54 percent gain in sales over last year.

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.

Paradise Real Estate, Paradise Timeshare Resale Move To New South Lake Tahoe Office

The owners of two South Lake Tahoe businesses, Paradise Real Estate and Paradise Timeshare-Resale, have moved their offices to new locations at The Shops at Heavenly Village in South Lake Tahoe. Dan Spano, the owner/broker of Paradise Real Estate and Carl Thoms, the owner/broker of Paradise Timeshare Resale have moved into Suites 36C and 37, respectively, in between the Heavenly Village Cinema and the new Lakefront Wedding & Events office and adjacent to the miniature golf course.

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