PROPERTIES OF INTEREST
1051 CHEYENNE DR. (soon to be listed BANK-OWNED property)
This bank-owned home will be listed in the near future. It is a 3-bedroom, 2.5-bathroom home with a 3-car garage and was built in 2006. For updates on the listing, please call me at 530.545.1831.
STATISTICS
As the holder of a bachelor's in mathematics, I mine for a lot of real estate statistics. The following numbers present a good reflection of what's happening in the South Lake Tahoe real estate market.
Median Home Sale Price - December |
$235,450 |
| Median Home Sale Price - Last 90 Days | $233,000 |
| Number of Active Home Listings for Sale | 227 |
| Number of Home Listings in Escrow (% of Inventory) | 101 (30.8%) |
| Average Sale Price to List Price Ratio | 95.09% |
| Median Days on the Market | 131 |
| Months Supply of Inventory | 5.2 |
* When comparing my median sale price statistics to those of other sources, it must be understood that I present median sale price for individual months and only incorporate sales from that month. This provides the most accurate representation of what occurred in that month. Other organizations offering real estate data often squeeze sales from the previous twelve months into a single month. This flattens data and makes it easier to interpret, but it also fails to represent what actually occurred in any given month.
LINKS
INTEREST RATES
30-Year Fixed: 3.92%
15-Year Fixed: 3.26%
5/1-Year ARM: 2.88%
Source: Bankrate (January 21, 2012)
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