Here are the current South Lake Tahoe real estate statistics from the South Lake Tahoe MLS.
The following statistics are for residential (single family, condo, and town houses) located in the City and County areas of South Lake Tahoe:
Total listings: 520
Active listings: 408
In Escrow: 112
Of the 112 single family homes that are in escrow 52 are short sales and 15 are bank owned foreclosures.
The 112 escrows represent 21.5% of the total inventory in escrow.
Breakdown by price range of the 112 escrows
- Under $200,000-18 escrows
- $200,001 to $300,000-36 escrows
- $300,001 to $400,000-25 escrows
- $400,001 to $500,000-5 escrows
- $500,001 to $600,000-10 escrows
- $600,001 to $700,000-2 escrows
- $700,001 to $800,000-9 escrows
- $800,001 to $999,999-4 escrows
- Over $1,000,000- 3 escrows
There have been a total of 198 single family properties sold so far this year in South Lake Tahoe. Bank owned foreclosures have accounted for 35.7% (71) of the sales, and short sales have accounted for 16.2% (32). The total percentage of distress sales (short sales and foreclosures) sold so far this year is 52%. That means that over half of the single family sales in South Lake Tahoe have been distress sales.
Single family sold statistics from the South Lake Tahoe mls:
Average price per square foot:
- $241 for non distress sales
- $207 for short sales
- $172 for foreclosures
Median sales price:
- $313,750 for all single family sales
- $326,250 for short sales
- $235,000 for foreclosures
Median days on the market
- 107 days for all single family sales
- 229 days for short sales
- 74 for foreclosures
I hope that you have found these most recent South Lake Tahoe Real Estate Statistics helpful. For more information regarding the South Lake Tahoe real estate market, please call Brent Johnson today!
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