median sold price: Tracking South Lake Tahoe, CA Home Values
- 04/21/12 05:46 AM
Median Sold Prices continue to decline in South Lake Tahoe, CA… and that's great news for home buyers. (Lake Tahoe Real Estate Blog / April 19, 2012 / Richard Bolen) We've been tracking median sold prices on this blog since we started this blog in February, 2007. Much more so than looking at average home prices, which can be more skewed by sales at either end of the price range spectrum, median sold prices are the best general indicator of home values available. Remember, in math the median is the middle number in a list of numbers. That is true when … (0 comments)
median sold price: The South Lake Tahoe, CA Median Sold House… Now and Then.
- 10/21/11 07:14 AM
New Blog Feature to Help South Lake Tahoe, CA Home Buyers (Lake Tahoe Real Estate Blog / October 19, 2011 / Richard Bolen) We have been working for the last year and a half to bring new features on this blog to better help South Lake Tahoe, CA home buyers and sellers. We're grateful to announce that some of these efforts have just been launched. Before we lead you to the first new feature, please understand that this is the beta, or testing phase of product development. This means that our process with these new features is continuing, and at … (0 comments)
median sold price: The Effect of Listing a 1,500 sq ft South Lake Tahoe, CA House Too High.
- 08/29/11 06:34 AM
Listing a South Lake Tahoe house too high costs a Seller time and money. The Question is how much? (Lake Tahoe Real Estate Blog / August 24, 2011 / Richard Bolen) we're looking at the median sold South Lake Tahoe house from the POV of a seller, that of a buyer and at the effect of listing that house at too high a price. This is the last in a 3-part series. The source chart is below, and for this particular study lets look at the effect of listing a 1,500 sq ft South Lake Tahoe house too high. What this … (0 comments)
South Lake Tahoe neighborhood home values: North Upper Truckee prices up 43.3% over last year, and nearly the same as North Upper Truckee market high of 2005. We though it would be interesting to track South Lake Tahoe, CA neighborhood home values over time with this visual. As the chart above indicates, here are the median sold prices for the North Upper Truckee neighborhood since 2003. North Upper Truckee Housing Values : Home values this year to date are 43.3% higher ($164,500) than they were for all of … (0 comments)
median sold price: On Target with South Lake Tahoe, CA real estate trends: Where We Are Now
- 05/15/11 11:42 AM
On target with South Lake Tahoe, CA 2011 home sales to date. (Lake Tahoe Real Estate Blog / May 13, 2011 / Richard Bolen) Here is the latest on South Lake Tahoe, CA real estate trends and conditions as of right now. In summary, there were 3 more homes sold last year as of May 13 than this year. There is a slight increase in the incidence of distressed properties sold of a little less than 3%. There is a decline i in the 2011 median sold price compared to 2010, which is really great news for home buyers, of … (0 comments)
median sold price: South Lake Tahoe today, Consumer Confidence, Home Value Decline and other thoughts.
- 12/02/10 04:45 AM
Lots of Snow, Consumer Confidence Up, and good news for South Lake Tahoe home buyers. (Lake Tahoe Real Estate Blog / November 30, 2010 / Richard Bolen) There are two national articles of note today, and we have the current South Lake Tahoe weather that’s even more remarkable. It’s not unique to have lots of snow here in South Lake Tahoe, but what’s different is we have it now. We have not seen this much snow before and during the Thanksgiving holiday since we moved here a decade ago. What makes this so special is all winter resorts are open … (0 comments)
median sold price: Is there going to be further home price decline in South Lake Tahoe?
- 11/04/10 09:06 AM
Some predict another 8% home value decline… so what about South Lake Tahoe? (Lake Tahoe Real Estate Blog / November 2, 2010 / Richard Bolen) For some reason we can’t completely understand, some economists can only compare the current housing market against what it was at its absolute high. We wrote an article about that recently: “Babe Ruth, US Housing Starts and South Lake Tahoe.” Well, the phenomena continues; from the Mount Everest peak of the housing market there is no other place to go but down. From that apex, the only question is how far? Well, the answer in the … (0 comments)
median sold price: Analysis of 2010 South Lake Tahoe, CA Homes for Sale
- 10/11/10 05:36 AM
South Lake Tahoe home sales see increasing demand, and a recent median price decline. (Lake Tahoe Real Estate Blog / October 9, 2010 / Richard Bolen) The chart below indicates the following details about all South Lake Tahoe home sales in 2010 as of right now. We think this is an interesting market look, and is likely something to take into consideration when discussing South Lake Tahoe, CA home value decline. Current home values make sense when almost half of all homes sold are under $300,000 to begin with, are in the market-entry segment of the market, and almost half of … (1 comments)
National Housing Demand is often Different than that of South Lake Tahoe. (Lake Tahoe Real Estate Blog / June 23, 2010 / Richard Bolen) The New York Times article says U.S. sales of existing homes fell in May by 1.6% (here). This comes from the National Association of Realtors, which cites mortgage delay as one of the key reasons for the decline. Said decline compares April 2010 sales to those of May. Contained in the report, though, the NAR states that May demand represents a 19% increase from the same month last year. Also in the report, Lawrence Yun, … (0 comments)
median sold price: South Lake Tahoe, CA Real Estate News: A change in the median sold price?
- 06/28/10 07:23 AM
Something Different Has Happened, and It Has Been a While! (Lake Tahoe Real Estate Blog / April 30, 2010 / Richard Bolen) We have just updated all South Lake Tahoe, CA home sales in the last 365 days in the post below. While doing that study we noticed a few, important things that are worthy of further discussion. As many of you may know, we have been filing regular reports on median sold prices in South Lake Tahoe since we started this blog 3 years and two months ago. We use the median sold price as a guide. To us … (0 comments)
You know, the South Lake Tahoe median sold price actually increased last month... for the first time since Oct. 2008! (Lake Tahoe Real Estate Blog / March 6, 2010 / Richard Bolen) Yes, we know the chart below is a prodigious one, but it contains a full accounting of the South Lake Tahoe, CA median sold home prices since we started this blog. If you are one of our prior readers, then you know we believe the median sold price is the best known indicator of market trends and conditions as it relates to home value. We always look … (0 comments)
Median Sold Prices continue to decline in South Lake Tahoe, CA… and that's great news for home buyers. (Lake Tahoe Real Estate Blog / April 19, 2012 / Richard Bolen)
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