Current median sale prices like it's 2003 in South Lake Tahoe, California.
I went back to look at the sale statistics for the past decade, and it looks like we're going back to 2003 prices. This should be great news to buyers, but not so great for sellers if they bought houses in the height of 2006. Sale statistics for February median prices went down 35% from February 2006. This is in line with all the distressed sales we're seeing.
Again, this is great news to buyers to jump on this opportunity. If you've ever dreamt of owning a piece of Tahoe, now is your time! Sale statistics shows us prices haven't been this good since the past 7 years. On the fence? Maybe you don't have to be anymore. (See chart below)
Let's explore your investment opportunities!
Grace Yee
Yee Hedley Group
With Chase International
530-318-5080
CA & NV Realtor
CA # 01373609
About us:
I am in a group of 4 agents which includes myself, my husband, my mother-in-law, and my father-in-law. We have a combined 35+ years experience in working in the Lake Tahoe area and have closed more than 3,000+ transactions.
In 2009: top 3% in sales
In 2008: top 2% in sales
We specialize in:
* relocation
* investment properties and vacation homes
* homes and land
* building and remodeling. We've built numerous spec and custom homes for the past 20 years
* I'm licensed in CA & NV
The Yee Hedley Group are tech savvy people that loves the marketing aspect of real estate. They credit their success to experience, hard work, creativity, attention to detail and the care and understanding of their clients' needs.
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