March 2011

There are 1 blog entries for March 2011.

South Lake Tahoe Real Estate Market Report for February 2011

Wednesday, March 2nd, 2011 at 2:04pm. 723 Views, 0 Comments.

South Lake Tahoe Real Estate Market Report for February 2011

February 2011 sales statistics for South Lake Tahoe were down compared to the past three months. 

The total units sold in February 2011 was 30 units, down from January 2011 (40 units).

The total dollar value sold in February 2011 was $10,703,100, down from January 2011 ($14,071,990).

The average sales price in February 2011 was $356,770, up from January 2011 ($351,800)

The median sales price in February 2011 was $269,200, down from January 2011 ($305,500).  That's down 11.88% from January 2011. 

The REO (bank owned) homes sold was 10 units, up from January 2011 (7).

The short sale homes sold was 5 units, down from January 2011 (10).

Although these numbers seems to be…

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