South Lake Tahoe Luxury Real Estate Statistics

By
Real Estate Agent with Chase International

South Lake Tahoe Luxury Real Estate Statistics

Since we are located in Lake Tahoe, there are many beautiful luxury properties that are either lakefront, beachfront, or has incredible lake and mountain views.

south lake tahoe luxury real estate, lakefront, beachfront, pier

Let's take a look at what the South Lake Tahoe luxury real estate statistics looks like so far from the beginning of 2011.  The South Lake Tahoe luxury real estate statistics includes both single family homes and condos that are priced from $1 million dollars and up.  I've also included the nearby areas of South Lake Tahoe which includes Fallen Leaf, Cascade Properties, and Camp Richardson.

South Lake Tahoe Luxury Real Estate Sold Statistics:

Thus far, there has been 6 South Lake Tahoe luxury real estate sold since the beginning of 2011.  The chart below only shows March, April and June sales since these were the only three months of luxury property sold since the beginning of the year.

  June 2011 April 2011 March 2011
Units Sold 3 1 2
Total Dollar Value Sold $5,420,000 $1,300,000 $5,125,000
Average $1,806,667   $2,562,500
Median $1,500,000   $2,562,500
High $2,630,000   $3,975,000
Low $1,290,000   $1,150,000
Average Price Per Square Feet $432 $394 $550
Average Days On Market 588 431 86
Distressed Home Sales:      
REO's (bank owned/foreclosed homes)     2
Short Sale 1    

Try out our South Lake Tahoe luxury real estate sold data that goes back 365 days to see the luxury properties that sold.

south lake tahoe luxury real estate, lakefront, beachfront, pier

South Lake Tahoe Luxury Real Estate Activity Forecast:

The following chart is a forecast of the South Lake Tahoe luxury real estate market.  There are 4 luxury properties that's pending/in contract with a pre-closing value of $13,385,000.  These 4 units that are pending are almost 67% increase from the 6 luxury properties that sold since the beginning of this year.  That's a healthy sign for our luxury market.

Date forecast was performed: 9/21/2011
Active: 43
REO's 2
Short Sale  
Pending: 4
Non-Distressed homes 4
(Total Dollar pre-closing value) $13,385,000
REO's  
Short Sale  
(Short Sale pre-closing value)  

lake tahoe, lake views, mountain views, pine trees

Search for South Lake Tahoe Luxury Real Estate for sale

Please feel free to contact us for more information.  Thanks.

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luxury real estate
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south lake tahoe sale statistics

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Rainmaker
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Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

I would love to see some of these luxury South Lake Tahoe properties with lakefront, beachfront, or lake and mountain views.

Sep 25, 2011 05:27 AM #1
Rainmaker
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Brandon & Grace Yee
Chase International - South Lake Tahoe, CA
Lake Tahoe Real Estate

Hi Eileen,

Thanks for the reminder.  I added South Lake Tahoe luxury real estate sold data in my blog that goes back 365 days to see the luxury properties that sold.  Thanks again.

Cheers,

Grace

Sep 25, 2011 09:46 AM #2
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Rainmaker
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Brandon & Grace Yee

Lake Tahoe Real Estate
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