South Lake Tahoe Luxury Real Estate Statistics
Since we are located in Lake Tahoe, there are many beautiful luxury properties that are either lakefront, beachfront, or has incredible lake and mountain views.
Let's take a look at what the South Lake Tahoe luxury real estate statistics looks like so far from the beginning of 2011. The South Lake Tahoe luxury real estate statistics includes both single family homes and condos that are priced from $1 million dollars and up. I've also included the nearby areas of South Lake Tahoe which includes Fallen Leaf, Cascade Properties, and Camp Richardson.
South Lake Tahoe Luxury Real Estate Sold Statistics:
Thus far, there has been 6 South Lake Tahoe luxury real estate sold since the beginning of 2011. The chart below only shows March, April and June sales since these were the only three months of luxury property sold since the beginning of the year.
| June 2011 | April 2011 | March 2011 | |
| Units Sold | 3 | 1 | 2 |
| Total Dollar Value Sold | $5,420,000 | $1,300,000 | $5,125,000 |
| Average | $1,806,667 | $2,562,500 | |
| Median | $1,500,000 | $2,562,500 | |
| High | $2,630,000 | $3,975,000 | |
| Low | $1,290,000 | $1,150,000 | |
| Average Price Per Square Feet | $432 | $394 | $550 |
| Average Days On Market | 588 | 431 | 86 |
| Distressed Home Sales: | |||
| REO's (bank owned/foreclosed homes) | 2 | ||
| Short Sale | 1 |
Try out our South Lake Tahoe luxury real estate sold data that goes back 365 days to see the luxury properties that sold.
South Lake Tahoe Luxury Real Estate Activity Forecast:
The following chart is a forecast of the South Lake Tahoe luxury real estate market. There are 4 luxury properties that's pending/in contract with a pre-closing value of $13,385,000. These 4 units that are pending are almost 67% increase from the 6 luxury properties that sold since the beginning of this year. That's a healthy sign for our luxury market.
| Date forecast was performed: | 9/21/2011 |
| Active: | 43 |
| REO's | 2 |
| Short Sale | |
| Pending: | 4 |
| Non-Distressed homes | 4 |
| (Total Dollar pre-closing value) | $13,385,000 |
| REO's | |
| Short Sale | |
| (Short Sale pre-closing value) |
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