Tahoe Real Estate Sales Arcieve

Robert Kushner

Northern Nevada &
Lake Tahoe
Real Estate Sales

(775) 410-7192
(530) 870-4565
(408) 205-6365
CA License: 02054593
NV License: 0190072

South Lake Tahoe
Real Estate Sales Statistics
Month to Month Comparison During the COVID-19 Pandemic

Tahoe Real Estate Sales

South Lake Tahoe Residential Sales Statistics
as of September 30, 2020

  • Average Home Values were up 17.7% compared to last year.
  • The average sold price was $671,367. The median sold price was $525,000.
  • Number of Sales went up 38.5% from 646 to 895.
  • Number of Homes on the market are down -30.9% from 262 last year to 181 this year.
  • Average list to sale range is  98.6%.
  • Number of new listings went down -7.7% from 1033 this year to 959 last year.
  • Month supply of homes on the market was 3 which is lower than 4.6 this time last year. Under 4 represents a seller’s market.

Advantages of Selling During the Pandemic

People are still buying and selling houses during the pandemic. Here are 7 reasons to put your house on the market now.

  1. Interest rates are the lowest so buyers can afford to pay more for your house.
  2. There are fewer houses on the market so there is less competition to sell your house.
  3. Out of town buyers have time to shop real estate since they’re not working.
  4. There are more real estate investors because of the downturn in the stock market.
  5. There are still buyers that have to move for their job and other reasons.
  6. If you have a vacation home rental it’s vacant so we can show it.
  7. When the pandemic is over there will be a glut of homes for sale competing with your house.

South Lake Tahoe Residential Sales Statistics
as of August 31, 2020

  • Average Home Values were up 27.6% compared to last year.
  • The average sold price was $824,000. The median sold price was $646,000.
  • Number of Sales went up 27.6% from 646 to 824.
  • Number of Homes on the market are down -24.4% from 258 last year to 195 this year.
  • Average list to sale range is  98.2%.
  • Number of new listings went down -2.8% from 939 this year to 966 last year.
  • Month supply of homes on the market was 3.4 which is lower than 4.5 this time last year. Under 4 represents a seller’s market.

South Lake Tahoe Residential Sales Statistics
as of July 31, 2020

  • Average Home Values were up 11.2% compared to last year.
  • The average sold price was $614,011. The median sold price was $480,000.
  • Number of Sales went up 0.3% from 659 to 727.
  • Number of Homes on the market are down -15.4% from 253 last year to 214 this year.
  • Average list to sale range is  96%.
  • Number of new listings went down -2.1% from 933 this year to 913 last year.
  • Month supply of homes on the market was 3.8 which is lower than 4.4 this time last year. Under 4 represents a seller’s market.

South Lake Tahoe Residential Sales Statistics
as of June 30, 2020

  • Average Home Values were up 8.5% compared to last year.
  • The average sold price was $595,332. The median sold price was $465,000.
  • Number of Sales went up 0.3% from 663 to 665.
  • Number of Homes on the market are down -8.4% from 251 last year to 230 this year.
  • Average list to sale range is  97.6%.
  • Number of new listings went down -5.4% from 929 this year to 879 last year.
  • Month supply of homes on the market was 4.1 which is lower than 4.3 this time last year. Under 4 represents a seller’s market.

South Lake Tahoe Residential Sales Statistics
as of May 31, 2020

  • Average Home Values were up 8.6% compared to last year.
  • The average sold price was $595,266. The median sold price was $460,000.
  • Number of Sales went down -4.1% from 677 to 649.
  • Number of Homes on the market are down -3.6% from 251 last year to 242 this year.
  • Average list to sale range is  97.6%.
  • Number of new listings went down -4.8% from 878 this year to 922 last year.
  • Month supply of homes on the market was 4.3 which is the same from 4.3 this time last year. Under 4 represents a seller’s market.

South Lake Tahoe Residential Sales Statistics
as of April 30, 2020

  • Average Home Values were up 5.8% compared to last year.
  • The average sold price was $585,542. The median sold price was $465,000.
  • Number of Sales went down -1.3% from 693 to 679.
  • Number of Homes on the market are down -.4% from 253 last year to 249 this year.
  • Average list to sale range is  97.6%.
  • Number of new listings went up 4.8% from 953 this year to 901 last year.
  • Month supply of homes on the market was 4.5 which is up from 4.2 this time last year. Under 4 represents a seller’s market.

South Lake Tahoe Residential Sales Statistics
as of March 31, 2020

  • Average Home Values were up 5.7% compared to last year.
  • The average sold price was $583,029. The median sold price was $465,000.
  • Number of Sales went up 1.8% from 681 to 693 .
  • Number of Homes on the market are up 2.0% from 248 last year to 253 this year.
  • Average list to sale range is -.1%.
  • Number of new listings went up 0.1% from 952 this year to 953 last year.
  • Month supply of homes on the market was 4.5 which is up from 4.2 this time last year. Under 4 represents a seller’s market.