South Lake Tahoe Real Estate Market Report for March 2011Posted by The Yee Hedley Group on Sunday, April 3rd, 2011 at 2:58pm.
South Lake Tahoe Real Estate Market Report for March 2011
Now, when it comes to numbers...I'm proud to say that I'm sort of a nerd. I love numbers and I personally love to see what the market trends are like for South Lake Tahoe. With that being said, I'm pleased to let you know that our South Lake Tahoe market is doing really well.
I have to admit last month when I was working on putting the sale statistic chart for February 2011, I was a little concerned with the total dollar value sold was at $10,703,100 (down -$3,368,890 from January 2011). I did realize that the activity in town and at our Chase International office that the numbers should be getting better. I guess it did worked itself out. The South Lake Tahoe sale statistics for March 2011 are up and up.
|Total Dollar Value Sold||$15,397,425||$10,703,100||$14,071,990|
|Average Sales Price||$349,941||$356,770||$351,800|
|Percentage From Last Month's Median||13.67%||-11.88%||-7.98%|
|Average Price Per Square Feet||$196||$188||$205|
|Average Days On Market||153||195||186|
|REO's (bank owned foreclosures)||17||10||7|
If you like to see the South Lake Tahoe sale statistics for the past six months in a line chart I have that covered:
*Data taking from South Tahoe Association of Realtors MLS. Info deemed reliable but not guaranteed. DOM may not reflect total days property has been on market.
Search the entire South Lake Tahoe MLS for all homes for sale.
The Yee Hedley Group
CA License #01439964
CA License #01373609
NV License #S.0167586
Be the first to comment on this blog entry!