The Lake Tahoe Real Estate Blog and the Tahoe Daily Tribune
(Lake Tahoe Real Estate Blog / November 3, 2011 / Richard Bolen)
We much like the relationship we have with our local newspaper, the Tahoe Daily Tribune. It's based on many years of providing accurate real estate data for our public.
Today we got a call from them asking for our immediate help. It's data they needed internally, and they needed it quickly. At that moment we were working on a presentation for a Denver meeting next week about our new real estate applications (see this video), and we were only honored to stop what we were doing and help our local newspaper.
Here's what they needed, and we thought it would be a nice update as to where our real estate market is today compared to all of last year.
South Lake Tahoe, CA median sold prices:
All 2011: $248,000 (not including Tahoe Keys)
Last 180-days: $237,000 (not including Tahoe Keys)
All 2011: $270,400 (including Tahoe Keys)
Last 180-days: $250,000 (including Tahoe Keys)
2010 median sold price w/out Tahoe Keys: $299,000
2010 median sold price w/ Tahoe Keys: $319,000
South Lake Tahoe, CA Housing Demand: # Sales
All 2011: 439 to date
All 2010: 507
South Lake Tahoe, CA Distressed Sales: (including Tahoe Keys)
2011: 48.7%
2011 bank owned sales: 120
2011 short sales: 74
total distressed sales: 194
2010: 46.4%
2010 bank owned sales: 156
2010 short sales: 79
total distressed sales: 235
Stateline, NV median sold prices:
All 2011: $525,150 (not including Glenbrook and Lakefront Properties)
Last 180-days: $450,000 (not including Glenbrook and Lakefront Properties)
All 2011: $589,500 (including Glenbrook and Lakefront Properties)
Last 180-days: $562,500 (including Glenbrook and Lakefront Properties)
2010 median sold price not including Glenbrook and Lakefront Properties: $545,000
2010 median sold price including Glenbrook and Lakefront Properties: $570,000
Stateline, NV Housing Demand: # Sales
All 2011: 72 to date
All 2010: 91
Stateline, NV Distressed Sales: (including Glenbrook and Lakefront Properties)
2011: 30.6%
2011 bank owned sales: 12
2011 short sales: 10
total distressed sales: 22
2010: 22%
2010 bank owned sales: 8
2010 short sales: 12
total distressed sales: 20
Some more Lake Tahoe Real Estate Blog videos you may enjoy:
Jul 14, 2001: Heaven on Earth: a video featuring the South Lake Tahoe Weather
Jul 5, 2011: Awesome Fireworks Finale: South Lake Tahoe, July 4, 2011
Dec 9, 2010: How to find and use our Bolero Button… and why you should.
Oct 20, 2010: Bijou Neighborhood video
Sep 28, 2010: A South Lake Tahoe Indian Summer
Sep 23, 2010: Emerald Bay Treetops… and a Bald Eagle
Sep 16, 2010: Walking on Water… South Lake Tahoe Style
Sep 11, 2010: Al Tahoe Neighborhood video
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