2018 South Lake Tahoe Market Report

4024 SADDLE ROAD LISTED BY MICHELLE KECK

2018 South Lake Tahoe Market Report 212 ELKS POINT RD. ZEPHYR COVE, NV | OLIVERLUX.COM | 530.581.5300

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EXCEPTIONAL PROPERTIES. EXTRAORDINARY LIVING. Oliver Luxury Real Estate is a boutique real estate firm specializing in luxury properties. We connect extraordinary people with some of the finest homes in the world by using our extensive knowledge, powerful global affiliate network, and sincere approach to give them the insider treatment they deserve.

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5 6 1 South Lake Tahoe

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4 7 8

2

9 10

1 Cascade Properties

5 Stateline

2 Fallen Leaf Lake

6 Heavenly Valley

3 Tahoe Keys

7 Pioneer Trail

4 Y Area

8 Montgomery Estates

9 Country Club Estates 10

Meyers

South Lake Tahoe Neighborhoods

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Lakefront: Single Family

SOUTH LAKE TAHOE

2017

2018

CHANGE

Median Price

$1,625,000

$857,500

-47%

Average Sold Price

$1,625,000

$857,500

-47%

Average Days on Market

91

258

184%

Highest Sold Price

$1,550,000

$975,000

-37%

Lowest Sold Price

$17,000

$740,000

4,253%

% Sold Price to Average List Price

95%

98%

3%

Total Dollar Volume Sold

$3,250,000

$1,715,000

-47%

Total Properties Sold

2

2

0%

OLIVERLUX.COM 530.581.5300

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Lakefront: Condo

SOUTH LAKE TAHOE

2017

2018

CHANGE

Median Price

$313,500

$515,000

64%

Average Sold Price

$482,226

$696,726

44%

Average Days on Market

153

131

-14%

Highest Sold Price

$2,337,425

$2,600,000

11%

Lowest Sold Price

$219,203

$235,000

7%

% Sold Price to Average List Price

95%

94%

-1%

Total Dollar Volume Sold

$9,644,528

$13,237,800

37%

Total Properties Sold

20

19

-5%

OLIVERLUX.COM 530.581.5300

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Non-Lakefront: Single Family

SOUTH LAKE TAHOE

2017

2018

CHANGE

Median Price

$439,000

$465,000

6%

Average Sold Price

$522,816

$547,390

5%

Average Days on Market

106

102

-4%

Highest Sold Price

$2,375,000

$2,750,000

16%

Lowest Sold Price

$122,000

$202,500

66%

% Sold Price to Average List Price

97%

97%

0%

Total Dollar Volume Sold

$329,374,305

$315,843,912

-4%

Total Properties Sold

630

577

-8%

OLIVERLUX.COM 530.581.5300

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Non-Lakefront: Condo

SOUTH LAKE TAHOE

2017

2018

CHANGE

Median Price

$275,000

$350,000

27%

Average Sold Price

$335,902

$471,323

40%

Average Days on Market

99

100

1%

Highest Sold Price

$1,900,000

$1,700,000

-11%

Lowest Sold Price

$118,000

$125,000

6%

% Sold Price to Average List Price

98%

97%

-1%

Total Dollar Volume Sold

$22,505,424

$39,591,126

76%

Total Properties Sold

67

84

25%

OLIVERLUX.COM 530.581.5300

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Tahoe Keys: Single Family

SOUTH LAKE TAHOE

2017

2018

CHANGE

Median Price

$939,950

$873,000

-7%

Average Sold Price

$1,023,648

$987,329

-4%

Average Days on Market

149

134

-10%

Highest Sold Price

$2,375,000

$2,750,000

16%

Lowest Sold Price

$400,000

$450,000

13%

% Sold Price to Average List Price

96%

94%

-2%

Total Dollar Volume Sold

$52,206,050

$54,303,075

4%

Total Properties Sold

51

55

8%

OLIVERLUX.COM 530.581.5300

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Tahoe Keys: Condo

SOUTH LAKE TAHOE

2017

2018

CHANGE

Median Price

$374,000

$462,500

24%

Average Sold Price

$381,188

$444,745

17%

Average Days on Market

127

104

-18%

Highest Sold Price

$520,000

$655,000

26%

Lowest Sold Price

$242,000

$240,000

-.83%

% Sold Price to Average List Price

97%

98%

1%

Total Dollar Volume Sold

$6,099,000

$9,784,400

60%

Total Properties Sold

16

22

38%

OLIVERLUX.COM 530.581.5300

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South Lake Tahoe: Single Family

SOUTH LAKE TAHOE

2017

2018

CHANGE

Median Price

$439,500

$466,500

6%

Average Sold Price

$526,304

$545,431

4%

Average Days on Market

106

102

-4%

Highest Sold Price

$2,375,000

$2,750,000

16%

Lowest Sold Price

$122,000

$202,500

66%

% Sold Price to Average List Price

97%

97%

0%

Total Dollar Volume Sold

$332,624,305

$315,258,912

-5%

Total Properties Sold

632

578

-9%

OLIVERLUX.COM 530.581.5300

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South Lake Tahoe: Condo

SOUTH LAKE TAHOE

2017

2018

CHANGE

Median Price

$295,000

$395,000

34%

Average Sold Price

$369,540

$512,902

39%

Average Days on Market

112

106

-5%

Highest Sold Price

$2,337,425

$2,600,000

11%

Lowest Sold Price

$118,000

$125,000

6%

% Sold Price to Average List Price

97%

96%

-1%

Total Dollar Volume Sold

$32,149,952

$52,828,926

64%

Total Properties Sold

87

103

18%

OLIVERLUX.COM 530.581.5300

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212 ELKS POINT RD. ZEPHYR COVE, NV | OLIVERLUX.COM | 530.581.5300

INCLINE VILLAGE | TAHOE CITY | HOMEWOOD | ZEPHYR COVE | TRUCKEE | RENO

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