south lake tahoe quarter 1 2018 · average sold price $774,222 $780,027 1% average days on market...
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MICROMARKETREPORT
SOUTH LAKE TAHOEQUARTER 1 2018
TAHOEMICROREPORTS.COM
SOUTH LAKE TAHOE, Q1 2018 TAHOEMICROREPORTS.COM
SOUTH LAKE TAHOE NEIGHBORHOODS
1
2
3
4
1 Tahoe Keys
2 Montgomery Estates
3 Cascade Properties
4 Pioneer Trail
5 Meyers
6 Y Area
7 Heavenly Valley
8 Stateline
9 Fallen Leaf Lake
10 Country Club Estates
5
6
7
8
9
10
SOUTH LAKE TAHOE, Q1 2018 TAHOEMICROREPORTS.COM
SOUTH LAKE TAHOE | MICRO MARKET STATS
January through March 2017 2018 Change
Median Price $405,500 $479,500 18%
Average List Price $490,775 $573,308 17%
Average Sold Price $479,612 $556,914 16%
Average Days on Market 147 128 -13%
Highest Sold Price $1,560,000 $1,595,000 2%
Lowest Sold Price $212,000 $127,000 -40%
Properties Sold 152 138 -9%
% Sold Price to Average List Price 98% 97% -1%
Total Dollar Volume Sold $72,901,025 $76,854,175 5%
Properties Sold Over $1M 5 9 80%
Properties Sold Under $1M 147 129 -12%
SOUTH LAKE TAHOE
overall sales
SOUTH LAKE TAHOE, Q1 2018 TAHOEMICROREPORTS.COM
January through March 2017 2018 Change
Median Price $412,750 $475,000 15%
Average Sold Price $496,623 $542,474 9%
Average Days on Market 142 133 -6%
Highest Sold Price $1,560,000 $1,595,000 2%
Lowest Sold Price $224,900 $187,000 -17%
Properties Sold 138 129 -7%
% Sold Price to Average List Price 98% 97% -1%
Total Dollar Volume Sold $68,534,025 $69,979,175 2%
January through March 2017 2018 Change
Median Price $0 $975,000 $0
Average Sold Price $0 $975,000 $0
Average Days on Market 0 474 0
Highest Sold Price $0 $975,000 $0
Lowest Sold Price $0 $975,000 $0
Properties Sold 0 1 0
% Sold Price to Average List Price 0% 98% 0%
Total Dollar Volume Sold $0 $975,000 $0
ALL LAKEFRONT
single family
ALL NON-LAKEFRONT
single family
SOUTH LAKE TAHOE | MICRO MARKET STATS
SOUTH LAKE TAHOE, Q1 2018 TAHOEMICROREPORTS.COM
January through March 2017 2018 Change
Median Price $360,000 $395,000 10%
Average Sold Price $342,568 $573,324 67%
Average Days on Market 262 149 -43%
Highest Sold Price $840,000 $1,530,000 82%
Lowest Sold Price $100,000 $127,000 27%
Properties Sold 22 17 -23%
% Sold Price to Average List Price 96% 98% 3%
Total Dollar Volume Sold $7,536,500 $9,746,500 29%
January through March 2017 2018 Change
Median Price $300,000 $467,500 56%
Average Sold Price $335,200 $456,750 36%
Average Days on Market 131 167 27%
Highest Sold Price $559,000 $567,000 1%
Lowest Sold Price $230,000 $325,000 41%
Properties Sold 5 4 -20%
% Sold Price to Average List Price 96% 96% 0%
Total Dollar Volume Sold $1,676,000 $1,827,000 9%
LAKEFRONT
condos
NON-LAKEFRONT
condos
SOUTH LAKE TAHOE | MICRO MARKET STATS
SOUTH LAKE TAHOE, Q1 2018 TAHOEMICROREPORTS.COM
January through March 2017 2018 Change
Median Price $363,500 $453,000 25%
Average Sold Price $371,500 $421,500 13%
Average Days on Market 248 98 -60%
Highest Sold Price $499,000 $530,000 6%
Lowest Sold Price $260,000 $312,500 20%
Properties Sold 4 5 25%
% Sold Price to Average List Price 98% 97% 0%
Total Dollar Volume Sold $1,486,000 $2,107,500 42%
January through March 2017 2018 Change
Median Price $691,000 $672,000 -3%
Average Sold Price $774,222 $780,027 1%
Average Days on Market 146 172 18%
Highest Sold Price $1,500,000 $1,360,000 -9%
Lowest Sold Price $400,000 $450,000 13%
Properties Sold 9 14 56%
% Sold Price to Average List Price 98% 95% -3%
Total Dollar Volume Sold $6,968,000 $10,920,375 57%
TAHOE KEYS
single family
TAHOE KEYS
condos
SOUTH LAKE TAHOE | MICRO MARKET STATS
SOUTH LAKE TAHOE, Q1 2018 TAHOEMICROREPORTS.COM
SOUTH LAKE TAHOE | MICRO MARKET STATS
January through March 2017 2018 Change
Median Price $389,500 $471,500 21%
Average Sold Price $448,906 $535,544 19%
Average Days on Market 142 134 -6%
Highest Sold Price $1,560,000 $1,360,000 -13%
Lowest Sold Price $224,900 $202,500 -10%
Properties Sold 72 67 -7%
% Sold Price to Average List Price 98% 96% -1%
Total Dollar Volume Sold $32,321,225 $35,881,475 11%
January through March 2017 2018 Change
Median Price $475,000 $533,000 12%
Average Sold Price $550,997 $574,773 4%
Average Days on Market 143 116 -19%
Highest Sold Price $1,349,000 $1,595,000 18%
Lowest Sold Price $315,000 $206,000 -35%
Properties Sold 63 116 84%
% Sold Price to Average List Price 98% 98% 0%
Total Dollar Volume Sold $34,712,800 $29,888,200 -14%
January through March 2017 2018 Change
Median Price $384,500 $377,500 -2%
Average Sold Price $363,481 $522,114 44%
Average Days on Market 259 143 -45%
Highest Sold Price $840,000 $1,530,000 82%
Lowest Sold Price $100,000 $127,000 27%
Properties Sold 26 22 -15%
% Sold Price to Average List Price 96% 98% 2%
Total Dollar Volume Sold $9,450,500 $11,486,500 22%
SOUTH LAKE TAHOE CITY
single family
SOUTH LAKE TAHOE COUNTY
single family
SOUTH LAKE TAHOE CITY &
COUNTY
condo
SOUTH LAKE TAHOE, Q1 2018 TAHOEMICROREPORTS.COM
SOUTH LAKE TAHOE | MICRO MARKET STATS
W E A R E
LOCAL EXPERTSOver 120 local real estate experts at 10 Sierra Sotheby’s International Realty locations
throughout the Lake Tahoe area.
VILLAGE AT NORTHSTAR 4001 Northstar Drive #4105Truckee, CA 96161
SQUAW VALLEY 1750 Village East Road #63BOlympic Valley, CA 96146
HEAVENLY / STATELINE1001 Heavenly Village Way #36ASouth Lake Tahoe, CA 96150
INCLINE VILLAGE 570 Lakeshore BoulevardIncline Village, NV 89451
TAHOE DONNER 11382 Northwoods BoulevardTruckee, CA 96161
DOWNTOWN TRUCKEE 10044 Donner Pass RoadTruckee, CA 96161
TAHOE CITY - GALLERY 695 North Lake BoulevardTahoe City, CA 96145
TAHOE CITY - LAKESIDE 950 North Lake BoulevardTahoe City, CA 96145
SOUTH LAKE TAHOE2247 Lake Tahoe BoulevardSouth Lake Tahoe, CA 96150
THE SUMMIT AT RENO13945 S. Virginia Street #606Reno, NV 89511
INCLINE VILLAGE | SOUTH LAKE TAHOE | SQUAW VALLEY | TAHOE CITY | TAHOE DONNER | DOWNTOWN TRUCKEE
HEAVENLY VILLAGE/STATELINE | NORTHSTAR | THE SUMMIT, RENO | CA BRE# 02018110
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