(Lake Tahoe Real Estate Blog / May 25, 2011 / Richard Bolen)
South Lake Tahoe neighborhood home values: Al Tahoe, higher this year than last, 44.4% off our market high.
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 Al Tahoe since 2003.
Al Tahoe Housing Values :
Home values this year to date are 2.1% higher than they were for all of 2010, but here's the terrific news for home buyers who may be interested in taking advantage of better prices, and historic low interest rates: Al Tahoe home values are 44.5% lower than they were at our market high in 2006.
Compared to the median sold price of all South Lake Tahoe, CA home sales this year, the Al Tahoe median sold price is $8,500, or 3.1% higher.
Al Tahoe Housing Demand :
The chart above indicates housing demand, or the number of homes sold in Al Tahoe by year since 2003.
What we think was encouraging about 2010 demand is it was higher than any other year since the market high in 2005.
Fly in to Al Tahoe, here
Our videos about Al Tahoe, here
We hope you find some of these previous Lake Tahoe Real Estate Blog posts helpful:
Jan 20, 2011: Al Tahoe homes for sale real estate update
Oct 13, 2010: Al Tahoe real estate update
Sep 11, 2010: An Al Tahoe Neighborhood movie
Aug 4, 2010: A Closer Look at Al Tahoe
Jan 26, 2010: Al Tahoe homes for sale update
Feb 15, 2009: Al Tahoe real estate listings update
Aug 9, 2009: Al Tahoe homes for sale Update
Aug 6, 2008: Al Tahoe home listings update
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We support our families by helping folks buy and sell real estate. We're licensed in both CA and NV, have the best and most advanced professional credentials possible. We sell single family homes, townhomes, condominiums, lots and land.
Our blog is intended as a public resource where one can find the most complete real estate information possible about the South Lake Tahoe real estate market. Accurate market statistics available 24/7 without agenda is central to our resolve. The goal here is twofold: to show you convincingly why you should consider asking us for help, and that you can trust the help that you will find.
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