Distressed Property Sales have an Effect on South Lake Tahoe, CA trends.
(Lake Tahoe Real Estate Blog / April 26, 2010 / Richard Bolen)
This may become a regular feature, at least until the incidence of distressed properties on the South Lake Tahoe, CA real estate market ceases in significance.
We're thinking this detailed look at homes sold throughout South Lake Tahoe, CA will be as interesting to you as it is to us.
The chart below is an easy side-by-side comparison of what we're seeing in South Lake Tahoe, CA sales trends at present.
The Bottom Line :
Here's some of the main points we are currently noticing:
- There is a $72,500 difference (18.8%) between the median sold price of a short sale and a home that is not:
- The median price difference between a short sale and a bank owned home is $56,343, or 22%.
- It takes 160 days longer...
Continue reading "South Lake Tahoe, CA Real Estate News: 2010 Home Sales Details" on our main blog.
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