(Lake Tahoe Real Estate Blog / May 26, 2011 / Richard Bolen)
South Lake Tahoe neighborhood home values: Country Club Estates, prices up 13.3% over last year, 20.7% off Country Club Estates 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 Country Club Estates neighborhood since 2005.
Country Club Estates Housing Values :
Home values this year to date are 13.3% higher ($57,000) than they were for all of 2010. This is based on only 7 homes sold. Better news for home buyers who might be thinking in taking advantage of better prices, and historic low interest rates: Country Club Estates home values are 20.7% lower ($114,000 off) than they were at our market high for Country Club Estates in 2008.
Compared to the median sold price of all South Lake Tahoe, CA home sales this year, the Country Club Estates median sold price is $207,500 higher, or 74.8% more than the median sold price of South Lake Tahoe neighborhoods combined ($277,500).
Country Club Estates Housing Demand :
The chart above indicates housing demand, or the number of homes sold in Country Club Estates by year since 2005.
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 Country Club Estates, here
Our videos about Country Club Estates, here
We hope you find some of these previous Lake Tahoe Real Estate Blog posts helpful:
Jan 18, 2011: Country Club Estates homes for sale update
Jan 12, 2011: 1541 Tam O Shanter, an extraordinary Country Club Estates listing
Oct 12, 2010: Country Club Estates real estate listings update
Jan 28, 2010: Country Club Estates homes for sale update
Aug 8, 2009: Country Club Estates home listings update
Feb 15, 2009: Country Club Estates real estate update
Aug 6, 2008: Country Club Estates homes for sale update
Why we publish this blog:
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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