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You are here: Home / Archives for South Lake Tahoe real estate

South Lake Tahoe real estate

Top Real Estate Agent in South Lake Tahoe!

Brent Johnson was just named the top real estate agent in South Lake Tahoe for the 7th consecutive year for  units listed/sold and buyer side sales! Brent was also the top agent in volume with $122,226,532 in sales on the South Lake Tahoe MLS. 2021 was also the 9th consecutive year as the top realtor in South Lake Tahoe for buyer side units sold.

According to the South Lake Tahoe MLS, in 2020 Brent Johnson closed a total of 154 units sold with a total sales volume of $122,226,532 which included 86 listing sales and 68 buy side transactions. The next closest agent had 69 sales.Top real estate agent in South Lake Tahoe

In 2019 Brent Johnson was also the top real estate agent in South Lake Tahoe for units sold with a total of 94 units sold for $56,109,277 in sales volume which included 55 listing sales and 39 buy side transactions. The next closest agent had 24 total sales and $31,830,000 in total volume.

In 2018 Brent had 110 total transactions with over $59,258,110 in volume and 68 sales with over $30,000,000 in volume in 2015.

Brent Johnson is one of the few realtors in South Lake Tahoe that has built his business with a foundation based on hard work, ethics, and cutting edge technology. 

“I believe that I have been able to consistently position myself as the top realtor in South Lake Tahoe by creating a business model that no one else in Tahoe has. I believe in working hard for my clients, doing what I say that I am going to do, and utilizing the power of the internet. My background is also a huge asset for me.  I was born and raised here in South Tahoe and I started here as a developer/general contractor. I know this town like the back of my hand and I know how to evaluate properties well because of my background.”

Having a full-time assistant has enabled Brent to focus on what he does best, selling homes and working with customers. “Janine has been a crucial part of my team and is a valuable asset that allows me to stay efficient and organized. When I am out on an appointment or out showing property Janine is there to respond to emails, take phone calls, and to make sure that no showings or leads slip through the cracks.” This has been a big reason that Brent Johnson has been the top real estate agent in South Lake Tahoe.

Working for Chase International is another key to Brent Johnson’s success as the top realtor in South Lake Tahoe. Chase International South Tahoe Realty is the top producing brokerage in South Lake Tahoe with 530 total units sold and a total sales volume of $411,394,740. The nearest competitor to Chase had only 217 total sales with a total volume of $183,192,554.  “When listing your home with Chase International, you hire an entire team of Realtors and brokers. With my brokers and I working for you, a combined 55 years of experience in the South Lake Tahoe real estate market is on your side. From the pricing of your property through negations and closing, be assured that you will have hired the highest level of expertise and experience.”

When listing your property in with the top real estate agent in South Lake Tahoe there are some important marketing tools that he will use to sell your property. Below are just some of the features that are used by Brent and his team.

  • Professional Photography and Virtual Tours! With over 84% of today’s home buyers searching for homes on the Internet, professional pictures are a must. Not only will your property be one of the first that they see online, it will make the top of the “Must See” list with the high quality professional pictures and virtual tours.
  • Featured Listings! I pay for my listings to be featured on the top Real Estate websites including Zillow.com, Realtor.com, Trulia.com, www.JohnsonsTahoeRealEstate.com, and more.
  • Maximum Internet Exposure! My website www.JohnsonsTahoeRealEstate.com is one of the most active and user friendly real estate websites in Lake Tahoe. My blog is updated frequently and produces lots of business.  My website is at the top of page one for many Google search phrases.
  • Listing Syndication! Your property listing and professional pictures will be syndicated to thousands of websites worldwide! Not only do I pay for featured listings, I manually upload your listing to Postlets.com, craigslist, facebook, youtube, and many others.  With listing syndication your property gains maximum Internet exposure.
  • Homes and Land Magazine! Even though most home buyers are searching the Internet for properties, I still believe in print advertising. I publish my listings monthly in Homes and Land Magazine. This widely distributed and high quality magazine gives buyers and sellers something to flip through while away from their computer. The professional high resolution photo will insure that your listing stands out above the rest!
  • Just Listed Postcards! I mail out high quality, glossy, 8”x 5.5” “Just Listed” postcards to property owners in your neighborhood. Some of your neighbors may have friends or family looking to purchase a property and may have a buyer for your listing.
  • Open Houses! Open houses are a great way to show off your property to home buyers, neighbors, and other Realtors. If my sellers want open houses I give them open houses! Open houses will be advertised in the Tahoe Tribune, the South Lake Tahoe MLS, and Trulia.com.
  • MLS and Office Tour! Every week the South Lake Tahoe MLS has a caravan style tour of the new listings in South Tahoe.  Chase International also has a monthly office tour for our agents to view our new office listings. I am a firm believer in hosting my listings on both tours so that I can market your listing to other local real estate agents.
  • Marketing Department! Chase International is the only local real estate company with our own marketing department. All of our advertising materials will adhere to Chase’s guidelines and will be second to none in quality and materials.

Whether you are a seller or a buyer and if you are interested in working with the top real estate agent in South Lake Tahoe please call Brent and his team at (530) 416-2625 today! 

Click here to view recent reviews for Brent Johnson Real Estate

Click here to view recent Yelp! reviews for Brent Johnson Real Estate

 

 

April 2020 Real Estate Review

The South Lake Tahoe Real Estate market is seeing a decrease in the total number of listings from April 2019. This includes the Active Listings and those that are currently in Escrow. Out of the 201 Active Listings, none are Short Sale and there are 2 REO properties. Out of the 39 properties in Escrow, none are Short Sales and one is an REO. In April of 2019, there were 246 Total Listings, 189 Active Listings, and 57 Escrows. 

The median sales price for a Single-Family Home in South Lake Tahoe as of April 2020 is $470,000.00 which is down 2.1% from April 2019. In April of 2019, the median sales price was $480,000. There are currently 39 properties in Escrow and represent 19.4% of the total inventory. Here is a breakdown by price range of the 39 Escrows:

  • Under $200,000- 0  0%
  • $201,000 to $300,000- 3   7.7%
  • $301,000 to $400,000- 9  30.8%
  • $401,000 to $500,000- 8  
  • $501,000 to $600,000- 3
  • $601,000 to $700,000- 6
  • $701,000 to $800,000- 3
  • $801,000 to $999,000- 3
  • Over $1 Million- 4 (4 are Chase of which 0 are Zalanta)

From January 1, 2020 to April 27, 2020 there have been a total of 147 closings which is up slightly from the number of closings during the same time in 2019 when there were 133 closings. 

Even though we have had more closings so far this year, I expect there to be less home sales in the first half of 2020 compared to 2019 judging by the lower number of pending sales. There has been an increase of activity over the last week which is quite encouraging despite the shelter in place requirements. 

I currently have 17 active listings and most of the listings had showings over the last weekend. 6 of my listings received multiple showings and we received offers on 5 of the listings which is a big jump in activity from the previous weekend.

Be sure to check out my Virtual Showing Videos by accessing my YouTube Channel and you can access it by the link –Brent Johnson’s YouTube Channel Click “Subscribe” for upcoming Virtual Showing Videos! 

You can also follow along on my Social Media pages for new listings!

Brent Johnson’s Instagram Page

Brent Johnson’s Facebook Page

March 2020 Real Estate Review

The South Lake Tahoe Real Estate market is seeing a slight decrease in the total number of listings from March 2019. This includes the Active Listings and those that are currently in Escrow. Out of the 216 Active Listings, none are Short Sale and there are 4 REO properties. Out of the 54 properties in Escrow, none are Short Sales and none are REO. 

The median sales price for a Single-Family Home in South Lake Tahoe as of March 2020 is $470,000.00 which is down 1.3% from March 2019. There are currently 54 properties in Escrow and represent 37% of the total inventory. Here is a breakdown by price range of the 54 Escrows:

  • Under $200,000- 1  1.9%
  • $201,000 to $300,000- 2  5.6%
  • $301,000 to $400,000- 12  27.8%
  • $401,000 to $500,000- 14  
  • $501,000 to $600,000- 4
  • $601,000 to $700,000- 6
  • $701,000 to $800,000- 6
  • $801,000 to $999,000- 4
  • Over $1 Million- 5 (4 are Chase of which 0 are Zalanta)

From January 1, 2020 to March 30, 2020 there have been a total of 123 closings which is about the same from the amount of closings during the same time in 2019 which was 121 closings. 

We are currently operating during the “Shelter in Place” order that the State of California is under as we are an essential service. We are needing to be creative in order for our clients to be able to purchase homes virtually during this time. I offer Virtual Showings on all of our Active Listings this way people can watch the video first to make sure this is something they are interested in. Buyer’s much be Prequalified prior to looking at a property and must watch the Virtual Showing video prior to entering a property. I can also FaceTime or Zoom any of my clients through properties listed on the MLS if you are not able to come to South Lake Tahoe at this time. 

You can access all of my Virtual Showings by visiting my YouTube Channel- Brent Johnson’s YouTube Channel

Please be sure to “Subscribe” to not miss out on future showings!

Stay home, stay safe, and be well! 

February 2020 Real Estate Review

The South Lake Tahoe Real Estate market is seeing a slight increase in the total number of listings from February 2019. This includes the Active Listings and those that are currently in Escrow. Out of the 159 Active Listings, none are Short Sale and there are 4 REO properties. Out of the 72 properties in Escrow, none are Short Sales and 1 REO. 

The median sales price for a Single-Family Home in South Lake Tahoe as of February 2020 is $475,000.00 which is the same as February of 2019. There are currently 72 properties in Escrow and represent 31.2% of the total inventory. Here is a breakdown by price range of the 72 Escrows:

  • Under $200,000- 1  1.4%
  • $201,000 to $300,000- 5  8.3%
  • $301,000 to $400,000- 12  25%
  • $401,000 to $500,000- 17  
  • $501,000 to $600,000- 6
  • $601,000 to $700,000- 11
  • $701,000 to $800,000- 8
  • $801,000 to $999,000- 6
  • Over $1 Million- 6 (4 are Chase of which 0 are Zalanta)

Today, we are faced with several new challenges regarding how Real Estate will be affected due to the worldwide Coronavirus pandemic. We should expect that property showings will be slow since we are required to social distance and in some cases “Shelter in Place”. We will see our market get a later start to our Spring Listing Season as in years before, we would see that would have just begun. 

We are still out showing properties, however, we are following strict guidelines to comply with social distancing. We are following our clients instead of riding in the same car to ensure the 6-foot rule, using hand sanitizer frequently before and after entering a property, refraining from touching surfaces, and staying home if we are not feeling well. 

In South Lake Tahoe currently, the Casinos, restaurants and bars, some hotels, and other local business are closed until further notice. It will be interesting to see when our town will be back up and running! 

Until then, wash your hands and stay well!

South Lake Tahoe Real Estate November Review

The South Lake Tahoe real estate market experienced a slight slowdown in November, 2018. The median sales price slipped to $469,900 in November from $475,000 in October, but was still 6.8% higher than it was in November, 2017. The number if single family homes and condos in escrow on the South Lake Tahoe MLS also decreased slightly from 59 in October to 53 in November. 

There are currently 221 active single family and condo listings on the South Lake Tahoe MLS which is up from 213 in October and up from

South Lake Tahoe Real Estate listing
1609 Sitka offered at $589,000!

190 in November 2017. The 59 escrows represent 21.1% of the total inventory in escrow. There are no active or pending foreclosures and there is only short sale which is in the Fallen Leaf Lake area.

The majority of the activity is currently in the $300,000 to $500,000 range and a handful of escrows between $700,000 and $800,000.

Below is a breakdown of the current escrows by price range:

  • Under $200,000- 1  1.9%
  • $201,000 to $300,000- 5  11.3%
  • $301,000 to $400,000- 10  30.2%
  • $401,000 to $500,000- 10  
  • $501,000 to $600,000- 5
  • $601,000 to $700,000- 8
  • $701,000 to $800,000- 7
  • $801,000 to $999,000- 2
  • Over $1 Million- 5

There has been some concern that the recent vacation rental limitations imposed by Measure T are going to affect the South Lake Tahoe real estate market, slow the local economy, affect local business, and cause job loss. Are worries about the affects of Measure T causing a slight slowdown in the Real Estate market?

A local group of property owners and business owners called the South Lake Tahoe Property Owners Group has recently filed a lawsuit against South Lake Tahoe calling Measure T ‘unconstitutional and unenforceable’. To read more about the lawsuit in a recent Tahoe Tribune article click on the following link: Court Hearing for Measure T lawsuit delayed in South Lake Tahoe.

At this time one can only speculate if Measure T will affect property values in South Lake Tahoe. For now, buyers that would like to be able to rent out their properties for periods of 30 days or less will want to concentrate in the County areas or within the very small tourist core area within the city of South Lake Tahoe. 

For more information about the South Lake Tahoe real estate market please contact your local South Lake Tahoe real estate expert Brent Johnson at bjohnson@chaseinternational.com or (530) 416-2625 today!

 

South Lake Tahoe Real Estate Update for October, 2018

The South Lake Tahoe real estate market has continued to remain active has it has been since the bottom of the real estate bubble in late 2012/early 2013. The current median sales price for single family homes in South Lake Tahoe is holding steady at $470,000, a far cry from the rock bottom median sales price of $234,000 in August, 2012. 

Although prices continue to trend upward, the number of homes currently in escrow and number of sales is down slightly year to date. South Lake Tahoe Real EstateThere are currently 89 residential properties in escrow on the South Lake Tahoe MLS compared to 100 in October, 2017. This slight decrease in activity can be attributed to rising interest rates as well as the uncertainty of Measure T. 

Measure T is a ballot measure designed to eliminate vacation rentals in residential areas located within the city limits of South Lake Tahoe. There are already 25 strict rules for vacation rentals that were just put into place for the only 1400 allowed vacation rentals within the city limits. We need to give those new rules a chance to work before loosing over $3,000,000 in TOT tax revenue, loosing over $100,000,000 in local business revenue, and loosing 100’s of jobs. I highly encourage anyone that is registered within the city limits to VOTE NO ON MEASURE T to maintain the current rules and limited number of rentals that we are allowed. 

Here are the current South Lake Tahoe Real Estate Statistics broken down by the numbers:

There are currently 319 total residential listings on the South Lake Tahoe mls (both city and county areas) which is down from 344 total listings in October, 2017. 230 of the listings are active and 89 of the listings are active pending. The 89 escrows represent 27.9% of our total inventory in escrow. 

Breakdown by price range of the 89 residential properties in escrow:

  • Under $200,000- 0  0%
  • $201,000 to $300,000- 7  7.92%
  • $301,000 to $400,000- 23  33.7%
  • $401,000 to $500,000- 20
  • $501,000 to $600,000- 8
  • $601,000 to $700,000- 8
  • $701,000 to $800,000- 9
  • $801,000 to $999,000- 3
  • Over $1 Million- 11

So far this year there have been 579 single family and condo/townhouses reported as sold on the South Lake Tahoe MLS, which is down slightly from 595 closings during the same period last year. 

I do not expect Measure T to pass but regardless of the outcome, I expect to see more activity in the market after the results come out in early November. If Measure T does not pass many of the buyers that are currently on the fence about making offers will most likely decide to move forward with the offers. If Measure T does pass I would anticipate more homes to come on the market which will provide more options/inventory for home buyers.

For more information about the South Lake Tahoe Real Estate market please contact your local South Lake Tahoe Real Estate expert Brent Johnson at bjohnson@chaseinternational.com or (530) 416-2625 today!

 

 

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