Here is your December 2014 real estate market update for homes in South Lake Tahoe. If you are interested in the stats on a specific neighborhood, property type, or bedroom count, or to search homes for sale South Lake Tahoe CA, please contact Erin Spicer today!
Median Sales Price of Homes in South Lake Tahoe
The December 2014 median sales price of homes in South Lake Tahoe is $325,750, down 7% from $350,400 in December 2013. This price is also lower than November’s median sales price of $355,000.
New Listings of Homes in South Lake Tahoe
There were 32 new listings added to the South Tahoe Association of REALTORS® MLS in December 2014 compared to 43 in December 2013. November 2014 had 42 new listings.
Number of Homes for Sale in South Lake Tahoe
There were 299 homes for sale in December 2014, similar to 302 in December 2013. This amount is down from 324 homes for sale in November 2014.
Days on Market for Homes in South Lake Tahoe
In December 2014, 124 was the average number of days a South Lake Tahoe home stayed on the market until an offer was accepted. This is less than November 2014 where the average days on market was 138 and much less than December 2013 where the average number of days on market was 169.
Closed Sales in South Lake Tahoe
There were 46 closed sales in December 2014 compared to 41 closed sales in December 2013.