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MICRO MARKET REPORT S O U T H L A K E TA H O E Q 3 2 0 17

TA H O E M I C RO R E P O RTS.CO M


SOUTH LAKE TAHOE NEIGHBORHOODS

8 3

7 1 6 4 2

9

10 5

1 Tahoe Keys

5 Meyers

9 Fallen Leaf Lake

2 Montgomery Estates

6 Y Area

10 Country Club Estates

3 Cascade Properties

7 Heavenly Valley

4 Pioneer Trail

8 Stateline

SOUTH LAKE TAHOE, Q3 2017

TA H O E M I C RO R E P O RTS.CO M


SOUTH LAKE TAHOE

| MICRO MARKET STATS

January through September

ALL LAKEFRONT single family

2016

2017

Change

Median Price

$1,735,000

$3,025,000

74%

Average Sold Price

$2,938,800

$3,025,000

3%

306

69

-77%

Highest Sold Price

$8,500,000

$4,500,000

-47%

Lowest Sold Price

$509,000

$1,550,000

205%

5

2

-60%

94%

97%

4%

$14,694,000

$6,050,000

-59%

2016

2017

Change

Median Price

$403,250

$440,000

9%

Average Sold Price

$475,907

$524,309

10%

123

109

-11%

Highest Sold Price

$2,100,000

$2,375,000

13%

Lowest Sold Price

$96,075

$127,000

32%

Properties Sold

548

505

-8%

% Sold Price to Average List Price

97%

97%

0%

$260,797,123

$264,776,154

2%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

January through September

ALL NON-LAKEFRONT single family

Average Days on Market

Total Dollar Volume Sold

SOUTH LAKE TAHOE, Q3 2017

TA H O E M I C RO R E P O RTS.CO M


SOUTH LAKE TAHOE

| MICRO MARKET STATS

January through September

LAKEFRONT condos

2016

2017

Change

Median Price

$519,999

$299,000

-42%

Average Sold Price

$515,980

$358,777

-30%

245

167

-32%

Highest Sold Price

$664,000

$700,000

5%

Lowest Sold Price

$290,000

$219,203

-24%

5

13

160%

97%

97%

0%

$2,579,899

$4,664,103

81%

2016

2017

Change

Median Price

$290,000

$315,000

9%

Average Sold Price

$306,324

$434,736

42%

126

172

37%

Highest Sold Price

$710,000

$2,125,000

199%

Lowest Sold Price

$85,000

$100,000

18%

77

86

12%

97%

98%

1%

$23,586,971

$37,822,000

60%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

January through September

NON-LAKEFRONT condos

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

SOUTH LAKE TAHOE, Q3 2017

TA H O E M I C RO R E P O RTS.CO M


SOUTH LAKE TAHOE

| MICRO MARKET STATS

January through September

TAHOE KEYS single family

2016

2017

Change

Median Price

$845,000

$897,500

6%

Average Sold Price

$925,588

$1,030,296

11%

150

150

0%

Highest Sold Price

$2,100,000

$2,375,000

13%

Lowest Sold Price

$472,000

$400,000

-15%

41

34

-17%

95%

95%

0%

$37,949,125

$35,030,050

-8%

2016

2017

Change

Median Price

$369,000

$429,000

16%

Average Sold Price

$383,416

$399,267

4%

82

111

35%

Highest Sold Price

$664,000

$545,000

-18%

Lowest Sold Price

$250,000

$242,000

-3%

19

15

-21%

98%

97%

-1%

$7,284,900

$5,989,000

-18%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

January through September

TAHOE KEYS condos

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

SOUTH LAKE TAHOE, Q3 2017

TA H O E M I C RO R E P O RTS.CO M


SOUTH LAKE TAHOE

| MICRO MARKET STATS

January through September

SOUTH LAKE TAHOE CITY single family

2016

2017

Change

Median Price

$383,000

$399,000

4%

Average Sold Price

$508,640

$512,194

1%

112

110

-2%

Highest Sold Price

$8,500,000

$2,375,000

-72%

Lowest Sold Price

Average Days on Market

$96,075

$127,000

32%

Properties Sold

280

279

0%

% Sold Price to Average List Price

97%

97%

0%

$142,419,279

$142,901,994

0%

Change

Total Dollar Volume Sold

January through September

SOUTH LAKE TAHOE CITY & COUNTY condos

2016

2017

Median Price

$297,500

$302,500

2%

Average Sold Price

$304,673

$445,338

46%

Average Days on Market

119

108

-9%

Highest Sold Price

$664,000

$2,125,000

220%

Lowest Sold Price

$104,000

$118,000

13%

70

76

9%

Properties Sold % Sold Price to Average List Price

97%

98%

1%

$21,327,120

$33,845,703

59%

2016

2017

Change

Median Price

$431,500

$490,000

14%

Average Sold Price

$481,534

$542,170

13%

Total Dollar Volume Sold

January through September

SOUTH LAKE TAHOE COUNTY single family

Average Days on Market

131

99

-24%

Highest Sold Price

$1,995,000

$1,402,500

-30%

Lowest Sold Price

$120,000

$285,000

138%

Properties Sold

232

201

-13%

% Sold Price to Average List Price

98%

98%

0%

$111,715,844

$108,976,260

-2%

Total Dollar Volume Sold

SOUTH LAKE TAHOE, Q3 2017

TA H O E M I C RO R E P O RTS.CO M


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South Lake Tahoe 2017 Q3 Real Estate Micro Market Data  

Third quarter 2017 real estate market statistics for South Lake Tahoe including the Tahoe Keys, Meyers, Stateline, The Y, Fallen Leaf Lake,...