In December 2008 there were 26 single family homes reported sold on the South Lake Tahoe MLS. This was a 16% decrease in sales compared to the 31 solds in November. Out of the 25 sold homes, 6 were foreclosures and 3 were short sales.
The December sold statistics are as follows
- 26 sold single family homes
- Average sales price $523,490
- Median sales price $412,450
- Average days on market 204
- Lowest priced sale $220,000
- Highest priced sale $1,890,000
- Total Volume $13,610,750
Click on the following link to view the statistical charts.
In December there were only 18 houses that went into escrow. Out of the 18 homes, 8 were foreclosures, and 4 were short sales.