Tahoe's Choice Real Estate Blog

April 20th, 2008 6:07 PM

 

How has the real estate market in South Lake Tahoe performed this year?

Here is a compilation of statistics and activity for residential, commercial, multi-family, and vacant land in the South Lake Tahoe area in the year 2008. For more detailed information just hit "Contact" above and an agent will be in touch.

Residential Sales

   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  Days on Market
 Minimum  0   1.00   448   $165,000   $145,000   24 
 Average  3   1.98   1,646   $499,512   $466,662   178 
 Median  3   2.00   1,373   $415,000   $389,000    156 
 Maximum  6   4.50   4,278   $1,595,000   $1,550,000   635 
 Total Dollar Value           $44,332,900 

Average DOM Breakdown and Average % of List Price received on Solds by Market time:
   0-30 Days   31-60 Days   61-90 Days   91-120 Days   120+ Days 
 No. of Listings   1    12    13    13    56 
 Breakdown %   1.05    12.63    13.68    13.68    58.95 
 Avg % SP/LP   97.62    98.76    95.86    92.67    92.11 

Residential Listings

   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  Days on Market
 Minimum  0   0.75   225   $129,900      3 
 Average  3   2.22   1,907   $819,468   $0   175 
 Median  3   2.00   1,689   $535,000   $0    128 
 Maximum  7   5.00   6,722   $39,000,000   $0   841 

Commercial Property

Active: 32  Pending: 3  Sold: 1  Other: 0  Total: 36
   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  Days on Market
 Minimum  0   0.00   0   $2   $1,800,000   6 
 Average  0   0.00   3,713   $689,745   $1,800,000   251 
 Median  0   0.00   1,400   $467,000   $1,800,000    137 
 Maximum  0   0.00 

 18,376 

  $2,450,000   $1,800,000   1,034 
 Total Dollar Value           $1,800,000 

Multi-Family Property

Active: 43  Pending: 0  Sold: 3  Other: 0  Total: 46


   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  Days on Market
 Minimum  0   0.00   800   $249,900   $391,000   5 
 Average  6   4.04   2,558   $584,091   $972,000   245 
 Median  5   3.00   1,914   $479,000   $425,000    159 
 Maximum  21   16.00   8,884   $2,399,000   $2,100,000   901 
 Total Dollar Value           $2,916,000   

 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:

   0-30 Days   31-60 Days   61-90 Days   91-120 Days   120+ Days 
 No. of Listings   0    0    1    0    2 
 Breakdown %   0.00    0.00    33.33    0.00    66.67 
 Avg % SP/LP   0.00    0.00    89.89    0.00    87.43 

Land & Lots

Active: 182  Pending: 3  Sold: 10  Other: 0  Total: 195

   Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  Days on Market
 Minimum  0   0.00   0   $59,000   $125,000   0 
 Average  0   0.00   0   $293,008   $263,540   245 
 Median  0   0.00   0   $199,995   $174,200    216 
 Maximum  0   0.00   0   $3,900,000   $1,100,000   1,008 
 Total Dollar Value           $2,635,400   
 
Average DOM Breakdown and Average % of List Price received on Solds by Market time:
   0-30 Days   31-60 Days   61-90 Days   91-120 Days   120+ Days 
 No. of Listings   0    3    2    2    3 
 Breakdown %   0.00    30.00    20.00    20.00    30.00 
 Avg % SP/LP   0.00    90.15    95.89    91.18    84.27 

Posted by Brian Des Rochers on April 20th, 2008 6:07 PMPost a Comment (0)
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