December 2019 Real Estate Review

The South Lake Tahoe Real Estate market saw a slight decrease in the total number of listings from December 2019. This includes the Active Listings and those that are currently in Escrow. Out of the Active Listings, none are Short Sale and there are 3 REO properties. Out of the properties in Escrow, none are Short Sales and there is 1 REO. 

The median sales price for a Single-Family Home in South Lake Tahoe as of December 2019 is $484,625.00 which is up 2.1% from December of 2018. There are currently 64 properties in Escrow and represent 27.7% of the total inventory. Here is a breakdown by price range of the 64 Escrows:

• Under $200,000- 0  0%
• $201,000 to $300,000- 6  9.4%
• $301,000 to $400,000- 14  31.3%
• $401,000 to $500,000- 18  
• $501,000 to $600,000- 7
• $601,000 to $700,000- 3
• $701,000 to $800,000- 3
• $801,000 to $999,000- 6
• Over $1 Million- 7

Here is a comparison from January 2019 for Residential (Single-Family Residence & Condo) located in the City and County areas:

Total Listings–

2019: 248     

2020: 231

Active Listings–

2019: 201   

 2020: 167

In Escrow-

2019: 47     

2020:64

Click on this link to access an up to date Neighborhood News Report for the South Lake Tahoe Area- 

Neighborhood News Report for South Lake Tahoe