Market Update for South Lake Tahoe, CA Real Estate
This weekly report is created by Dan Spano, broker of Paradise Real Estate located in the Stateline area of South Lake Tahoe, CA. This information is focusing strictly on the South Lake Tahoe, CA. side of Lake Tahoe.
As of today, July 30, 2010 @ 2:00 pm:
Current active single family residential and condo listings for all of South Lake Tahoe, CA; 523. 75 of these active listings are bank-owned or short sales.
Homes sold from July 1, 2010 to July 30, 2010 are: 33. Of the 33 homes sold, 15 or 46% , are foreclosure (bank owned or short sales). During the exact same time period last year 38 homes sold, of which 10 or 27% were foreclosure. Total homes sold year to date are 298, of which 152 or 51% are foreclosures. Total homes sold for the same time period last year were 217, of which 86 or 40% were foreclosures.
There are a lot of great opportunities for buyers for both bank owned/short sales, as well as sellers that are competitive with the bank owned and short sale properties.
If you would like to search for current homes for sale please use this easy search tool for South Lake Tahoe, CA and NV real estate. There is also an option to get instant email notifications of brand new listings as they get posted by real estate agents in the South Lake Tahoe area.
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Dan Spano
Paradise Real Estate
South Lake Tahoe |
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