south lake tahoe quarter 1 2019 · soth lake tahoe, 1 2019 tahoemicroreports.com. january through...
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MICROMARKETREPORT
SOUTH LAKE TAHOEQUARTER 1 2019
TAHOEMICROREPORTS.COM
SOUTH LAKE TAHOE, Q1 2019 TAHOEMICROREPORTS.COM
MARKET SNAPSHOT Average Sold Price Quarter 1 2019
495%LAKEFRONT SINGLE FAMILY
2018 ...... $975,000
2019 ...... $5,800,000
8%NON-LAKEFRONT SINGLE FAMILY
2018 ...... $541,148
2019 ...... $582,248
21%LAKEFRONT CONDO 2018 ...... $495,400
2019 ...... $392,000
35%NON-LAKEFRONT CONDO
2018 ...... $573,324
2019 ...... $372,333
2%TAHOE KEYS SINGLE FAMILY
2018 ...... $780,027
2019 ...... $794,214
2%TAHOE KEYS CONDO
2018 ...... $421,500
2019 ...... $430,000
4%SOUTH LAKE TAHOE CITY SINGLE FAMILY
2018 ...... $533,110
2019 ...... $555,359
8%SOUTH LAKE TAHOE COUNTY SINGLE FAMILY
2018 ...... $574,773
2019 ...... $622,953
SOUTH LAKE TAHOE, Q1 2019 TAHOEMICROREPORTS.COM
January through March 2018 2019 Change
Median Price $475,000 $550,000 16%
Average Sold Price $541,148 $582,248 8%
Average Days on Market 132 122 -8%
Highest Sold Price $1,595,000 $1,625,000 2%
Lowest Sold Price $187,000 $143,000 -24%
Properties Sold 130 103 -21%
% Sold Price to Average List Price 97% 98% 1%
Total Dollar Volume Sold $70,349,175 $59,971,515 -15%
January through March 2018 2019 Change
Median Price $975,000 $5,800,000 495%
Average Sold Price $975,000 $5,800,000 495%
Average Days on Market 474 349 -26%
Highest Sold Price $975,000 $5,800,000 495%
Lowest Sold Price $975,000 $5,800,000 495%
Properties Sold 1 1 0%
% Sold Price to Average List Price 98% 97% -1%
Total Dollar Volume Sold $975,000 $5,800,000 495%
ALL LAKEFRONT
single family
ALL NON-LAKEFRONT
single family
SOUTH LAKE TAHOE | MICRO MARKET STATS
SOUTH LAKE TAHOE, Q1 2019 TAHOEMICROREPORTS.COM
January through March 2018 2019 Change
Median Price $395,000 $341,000 -14%
Average Sold Price $573,324 $372,333 -35%
Average Days on Market 149 119 -20%
Highest Sold Price $1,530,000 $560,000 -63%
Lowest Sold Price $127,000 $220,000 73%
Properties Sold 17 12 -29%
% Sold Price to Average List Price 98% 96% -2%
Total Dollar Volume Sold $9,746,500 $4,468,000 -54%
January through March 2018 2019 Change
Median Price $515,000 $392,000 -24%
Average Sold Price $495,400 $392,000 -21%
Average Days on Market 145 44 -70%
Highest Sold Price $650,000 $465,000 -28%
Lowest Sold Price $325,000 $319,000 -2%
Properties Sold 5 2 -60%
% Sold Price to Average List Price 97% 102% 5%
Total Dollar Volume Sold $2,477,000 $784,000 -68%
LAKEFRONT
condos
NON-LAKEFRONT
condos
SOUTH LAKE TAHOE | MICRO MARKET STATS
SOUTH LAKE TAHOE, Q1 2019 TAHOEMICROREPORTS.COM
January through March 2018 2019 Change
Median Price $453,000 $365,000 -19%
Average Sold Price $421,500 $430,000 2%
Average Days on Market 98 134 37%
Highest Sold Price $530,000 $560,000 6%
Lowest Sold Price $312,500 $365,000 17%
Properties Sold 5 3 -40%
% Sold Price to Average List Price 97% 97% -1%
Total Dollar Volume Sold $2,107,500 $1,290,000 -39%
January through March 2018 2019 Change
Median Price $672,000 $716,500 7%
Average Sold Price $780,027 $794,214 2%
Average Days on Market 172 170 -1%
Highest Sold Price $1,360,000 $1,325,000 -3%
Lowest Sold Price $450,000 $421,000 -6%
Properties Sold 14 7 -50%
% Sold Price to Average List Price 95% 95% 1%
Total Dollar Volume Sold $10,920,375 $5,559,500 -49%
TAHOE KEYS
single family
TAHOE KEYS
condos
SOUTH LAKE TAHOE | MICRO MARKET STATS
SOUTH LAKE TAHOE, Q1 2019 TAHOEMICROREPORTS.COM
SOUTH LAKE TAHOE | MICRO MARKET STATS
January through March 2018 2019 Change
Median Price $463,250 $484,500 5%
Average Sold Price $533,110 $555,359 4%
Average Days on Market 133 133 0%
Highest Sold Price $1,360,000 $1,625,000 19%
Lowest Sold Price $202,500 $211,000 4%
Properties Sold 68 55 -19%
% Sold Price to Average List Price 97% 97% 0%
Total Dollar Volume Sold $36,251,475 $30,544,765 -16%
January through March 2018 2019 Change
Median Price $533,000 $595,000 12%
Average Sold Price $574,773 $622,953 8%
Average Days on Market 116 102 -12%
Highest Sold Price $1,595,000 $1,550,000 -3%
Lowest Sold Price $206,000 $250,000 21%
Properties Sold 52 43 -17%
% Sold Price to Average List Price 98% 98% 0%
Total Dollar Volume Sold $29,888,200 $26,787,000 -10%
January through March 2018 2019 Change
Median Price $377,500 $341,000 -10%
Average Sold Price $522,114 $372,333 -29%
Average Days on Market 143 119 -17%
Highest Sold Price $1,530,000 $560,000 -63%
Lowest Sold Price $127,000 $220,000 73%
Properties Sold 22 12 -45%
% Sold Price to Average List Price 98% 96% -2%
Total Dollar Volume Sold $11,486,500 $4,468,000 -61%
SOUTH LAKE TAHOE CITY
single family
SOUTH LAKE TAHOE COUNTY
single family
SOUTH LAKE TAHOE CITY &
COUNTY
condo
SOUTH LAKE TAHOE, Q1 2019 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
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.
Carson CityLake Tahoe
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# 02019110
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