Final 2010 South Lake Tahoe homes for sale report: Meyers

Meyers, South Lake Tahoe, CA: Final 2010 Real Estate Homes for Sale Activity.

(Lake Tahoe Real Estate Blog / January 16, 2011 / Richard Bolen)

Located at the edge of the Bay Area side of great South Lake Tahoe, Meyers is a market-entry to mid-market neighborhood of a few less than 600 homes.

Features can include mountain looks, views, trees, and back yards on a meadow, forest or a golf course. Some lots here are oversized as well.

Echo Summit somewhat towers above in the near distance, and being some 15 minutes closer to the the California central valley and the Bay area than downtown South Lake Taho, Meyers is still only a moment’s drive from shopping, dining and South Lake Tahoe’s inviting entertainment and recreation attractions.

More than half of 2010 Meyers homes sold were priced below $299,999, and a few were below $200,000. Four were above $400,000.

The lowest Meyers sale in the last three years was $150,000, a bank owned property sold in 2010 (1596 Arapahoe). The highest Meyers sale was $640,000 in 2008.

The median sold price in Meyers was $265,000 in 2010, wich was $25,000 less, or 8.6% down from what it was in 2009.

The median sold price in 2008 was $399,000, which represents a $164,000 decline, or 41% off the Meyers median sold price in the last three years.

What this means is good news for home buyers: Meyers home values have declined somewhat more in comparison to many other South Lake Tahoe neighborhoods.

Continue reading “Final 2010 South Lake Tahoe homes for sale report: Meyers” on our main blog.

Previous Lake Tahoe Real Estate Blog posts:

Oct 11, 2010: Meyers real estate listings update
Jan 28, 2010: Meyers homes for sale update
Aug 6, 2009: Meyers home listings for sale update
Feb 14, 2009: Meyers real estate update
Aug 6, 2008: Meyers homes for sale update

If you like what you see here and find it helpful, please call 800-923-9022, or email us for further help with buying or selling a Lake Tahoe home. We’re also always interested in comments and suggestions too. (Comments box below.)