February 2011 South Lake Tahoe Sale Statistics

By
Real Estate Agent with Chase International
https://activerain.com/droplet/7qM

February 2011 South Lake Tahoe Sale Statistics

South Lake Tahoe sales statistics for February 2011 were down compared to the past three months. 

The total units sold in February 2011 was 30 units, down from January 2011 (40 units).

The total dollar value sold in February 2011 was $10,703,100, down from January 2011 ($14,071,990).

The average sales price in February 2011 was $356,770, up from January 2011 ($351,800)

The median sales price in February 2011 was $269,200, down from January 2011 ($305,500).  That's down 11.88% from January 2011. 

The REO (bank owned) homes sold was 10 units, up from January 2011 (7).

The short sale homes sold was 5 units, down from January 2011 (10).

Although these numbers seems to be going down, remember that February only has 28 days.  It's the shortest month of the year.  We are still seeing a lot of activities, so we're not too worried about the dip in the market.  Until the activities are declining, then we'll start worrying.  We'll continue to study the South Lake Tahoe sale statistics, so keep up with our monthly South Lake Tahoe sale statistic reports.

south lake tahoe sale statistics feb 2011

 

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Topic:
Real Estate Market Trends
Location:
California El Dorado County South Lake Tahoe
Groups:
LA Connection
Tags:
february 2011
south lake tahoe sale statistics

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Rainmaker
3,510,208
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Brandon and Grace --- good comprehensive report.  Hope Spring brings a strong selling season.

Mar 08, 2011 02:34 PM #1
Rainer
36,576
Manny Bermas
Katy, TX

Hi Brandon and Grace.  Thanks for the info.  I have bookmarked your post for future reference.

God bless you all and your business.

Mar 14, 2011 04:32 AM #2
Rainmaker
101,808
Brandon & Grace Yee
Chase International - South Lake Tahoe, CA
Lake Tahoe Real Estate

Michael, thank you.

Manny, that's a great idea to bookmark.  Hope all is well.

Thanks,

Grace

Mar 18, 2011 08:38 AM #3
Rainmaker
671,888
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Brandon and Grace, Very thorough, informative presentation to showcase your real estate market.

Mar 25, 2011 03:50 AM #4
Rainmaker
101,808
Brandon & Grace Yee
Chase International - South Lake Tahoe, CA
Lake Tahoe Real Estate

Hi Sandy,

Thanks for stopping by and for your comment.  Have a great weekend!

Mar 25, 2011 03:08 PM #5
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Rainmaker
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Brandon & Grace Yee

Lake Tahoe Real Estate
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