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There has been a 10% price Appreciation on the Lower End

By
Real Estate Agent with Chase International South Tahoe Realty

MLS Stats for South Lake Tahoe for all residential including single family and condos for both the city and county

Total Listings: 353
Active: 224 (11 short sale and 6 REO = 7.6%)
*50% less than this time last year
Escrow: 129 (37 are short sales and 10 are REO=36.4%)

The overall consensus is that the lower end market (under $300,000) has seen a 10% price bump.
In the Tahoe Keys there are 875 water access homes and currently there are only 20 for sale.

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