(Lake Tahoe Real Estate Blog / May 26, 2011 / Richard Bolen)
South Lake Tahoe neighborhood home values: Christmas Valley, prices up 2.3% over last year, 42.3% off Christmas Valley 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 Christmas Valley neighborhood since 2003.
Christmas Valley Housing Values :
Home values this year to date are 2.3% higher ($8,250) than they were for all of 2010, but even better news for home buyers who might be thinking in taking advantage of better prices, and historic low interest rates: Christmas Valley home values are 42.3% lower ($192,250 off) than they were at our market high for Christmas Valley in 2005.
Compared to the median sold price of all South Lake Tahoe, CA home sales this year, the Christmas Valley median sold price is $85,250 higher, or 30.7% more than the median sold price of South Lake Tahoe neighborhoods combined ($277,500).
Christmas Valley Housing Demand :
The chart above indicates housing demand, or the number of homes sold in Christmas Valley by year since 2003.
What we think was encouraging about overall South Lake Tahoe, CA 2010 demand is it was higher than any other year since the market high in 2005.
Fly in to Christmas Valley, here
Our videos about Christmas Valley, here
We hope you find some of these previous Lake Tahoe Real Estate Blog posts helpful:
Jan 19, 2011: Christmas Valley real estate homes for sale update
Oct 12, 2010: Christmas Valley real estate update
Jan 27, 2010: Christmas Valley homes for sale update
Aug 8, 2009: Christmas Valley home listings update
Feb 15, 2008: Christmas Valley real estate update
Aug 6, 2008: Christmas Valley homes for sale update
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