You will never have to pay to be listed as a top neighbor. Period. That important detail clarified, let's discuss how we arrive at two "top neighbors" for a given region:
Localism is a bustling collection of hyper-local communities, and the top neighbors should reflect those members who are most active. When ranking users in a given region, several factors are considered. To get your foot in the proverbial door, you need to have posted at least one "Localism" article or photo for the region.
The very best way to quickly rise to #1 is to post high-quality local content. Keeping a steady strem of incoming posts and photos will massively tilt the scales in your favor.
What doesn't count toward the top neighbor ranking? ActiveRain points and community sponsorships. The top neighbor spots will always go to the most active members in a region. We want to create a level playing field that encourages the growth of communities — talent and dedication are required to win the day.
South Lake Tahoe neighborhood home values: Sierra Tract prices 6.8% off this year from last year, and 54.3% off the Sierra Tract market high of 2005.
We though it would be interesting to track South Lake Tahoe, CA neighborhood home values over time with this visual. As the chart above indicates, here are the median sold prices for the Sierra Tract neighborhood since 2003.
Sierra Tract Housing Values : Home values this year to date are 6.8% lower ($12,750) than they were for all of 2010. Better news for home buyers who might be thinking in taking advantage of better prices, and historic low interest rates: Sierra Tract home values are $189,750, or 54.3% lower than they were at the market high for Sierra Tract in 2005.
Compared to the median sold price of all South Lake Tahoe, CA home sales this year, the Sierra Tract median sold price is $102,250 lower, or 36.8% below the current 2011 median sold price of South Lake Tahoe neighborhoods combined ($277,500). This difference makes sense when comparing a market entry neighborhood to the median sold price of all South Lake Tahoe neighborhoods combined.
Sierra Tract Housing Demand :
The chart above indicates housing demand, or the number of homes sold in Sierra Tract by year since 2003. Note that as of today the number of Sierra Tract homes sold this year are almost half of what Sierra Tract demand was for all of last year. What this indicates is a likely small increase in housing demand for Sierra Tract housing in 2011 compared to that of 2010.
What we think is encouraging about overall South Lake Tahoe, CA 2010 demand is it was higher than any other year since the market high in 2005.
Why we publish this blog: We support our families by helping folks buy and sell real estate. We're licensed in both CA and NV, have the best and most advanced professional credentials possible. We sell single family homes, townhomes, condominiums, lots and land.
Our blog is intended as a public resource where one can find the most complete real estate information possible about the South Lake Tahoe real estate market. Accurate market statistics available 24/7 without agenda is central to our resolve. The goal here is twofold: to show you convincingly why you should consider asking us for help, and that you can trust the help that you will find.
Email us directly here. Call us: 800-923-9022 begin_of_the_skype_highlighting800-923-9022end_of_the_skype_highlighting
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We’ve just updated all Sierra Tract neighborhood real estate homes for sale activity in South Lake Tahoe, including final 2010 sales, current escrow and all active listings. Please note “Sierra Tract (CA)” found in the left sidebar of the Lake Tahoe Real Estate Blog.
Sierra Tract is one of South Lake Tahoe’s oldest, most inviting neighborhoods. Centrally located to all things good about South Lake Tahoe, including shopping and vast alpine meadows, Sierra Tract is a market entry neighborhood of a little less than 1,000 homes.
Sierra Tract has more affordable homes available than any other one neighborhood. Small, older homes here can offer great opportunity, especially for those who can do updating work themselves. This is a perfect area for working couples, or first time buyers to own an Lake Tahoe home, and it’s also a terrific opportunity for folks looking for that charming Lake Tahoe getaway… that doesn’t cost much.
As our market ramped up in the middle of this decade, Sierra Tract home Values ranged from the high $200K’s to $500K. Back then, sales could be especially quick here, and even quicker than that when priced in the low $200K’s.
In the current real estate climate, Sierra Tract homes sold in 2010 between $105,000 and $480,000. Some 22 of the 37 Sierra Tract homes that sold this year were priced under $200,000.
We offer this information as a public service. It is the most complete information on Sierra Tract (CA)available. If you like what you see here and find it helpful, please call us at 800-923-9022 or email us for further help with buying or selling a Lake Tahoe home. We’re also always interested in comments and suggestions too. (Comments box below.)
We’ve just updated all Sierra Tract neighborhood real estate homes for sale activity in South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please note “Sierra Tract (CA)” found in our left sidebar.
Sierra Tract is one of South Lake Tahoe’s oldest, most inviting neighborhoods. Centrally located to all things good about South Lake Tahoe, including shopping and vast alpine meadows, Sierra Tract is a market entry neighborhood of a little less than 1,000 homes.
Sierra Tract has more affordable homes available than any other one neighborhood. Small, older homes here can offer great opportunity, especially for those who can do updating work themselves. This is a perfect area for working couples, or first time buyers to own an Lake Tahoe home, and it’s also a terrific opportunity for folks looking for that charming Lake Tahoe getaway… that doesn’t cost much.
As our market ramped up in the middle of this decade, Sierra Tract home Values ranged from the high $200K’s to $500K. Back then, sales could be especially quick here, and even quicker than that when priced in the low $200K’s.
In the current real estate climate, Sierra Tract homes sold in 2101 between $105,000 and $480,000. Some 22 of the 37 Sierra Tract homes that sold this year were priced under $200,000.
The median sold price this year was in fact, $188,000, which was some $17,000 less than it was in 2009, and $72,000 less than it was in 2008.
In the last 3 years, which was not our market high (2005 was), Sierra Tract home values, as evidenced by the median sold price, have dropped in Sierra Tract by 27.6%.
Current Sierra Tract, South Lake Tahoe single family homes in escrow,here
Current Sierra Tract, South Lake Tahoe single family homes listed, here.
2010 Sierra Tract homes for sale activity :
There are 32Sierra Tract single family home sales in 2010. Eighteen of these were distressed properties.
There are 25Sierra Tract single family homes listed and available for sale that are not in escrow on the South Lake Tahoe Market right now. At least six of these are distressed properties.
There are 4 Sierra Tract single family homes in escrow at present. All of them is a distressed property.
We offer this information as a public service. It is the most complete information on Sierra Tract (CA)available.
If you like what you see here and find it helpful, please call or email us for further help with buying or selling a Lake Tahoe home. We’re also always interested in comments and suggestions too. (Comments box below.)
We’ve just updated all Sierra Tract neighborhood real estate homes for sale activity in South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please note “Sierra Tract (CA)” found in our left sidebar.
We offer this information as a public service. It is the most complete information on Sierra Tract (CA)available.
If you like what you see here and find it helpful, please call or email us for further help with buying or selling a Lake Tahoe home. We’re also always interested in comments and suggestions too. (Comments box below.)
We’ve just updated all Sierra Tract neighborhood real estate activity in South Lake Tahoe, including final 2009 sales, current escrow and all active listings. Please note “Sierra Tract (CA)” found in our left sidebar.
Current Sierra Tract, South Lake Tahoe single family homes in escrow,here.
Current Sierra Tract, South Lake Tahoe single family homes listed, here.
Final 2008 and Current Sierra Tract, South Lake Tahoe Neighborhood Sales Recap :
There were 32Sierra Tract single family home sales in 2009. Eighteen of these were distressed properties.
There are 14Sierra Tract single family homes listed and available for sale that are not in escrow on the South Lake Tahoe Market right now. At least four of these are distressed properties.
There are 7 Sierra Tract single family homes in escrow at present. All but one of these is a distressed property.
Sales Statistics:
All 2009 Sales
Lake Tahoe Real Estate Blog
Sierra Tract
Median Sold Price
$205,000
Average Sold Price
$224,944
Average List Price
$265,030
$ Difference List v. Sold
$40,086
% Difference List v. Sold
15.1%
Average Days on Market
144
Average Price Sq. Ft.
$205
Average Size
1,179
As of Friday, January 29, 2010
10:17 am
Gary Bolen and Richard Bolen
McCall Realty – 800-923-9022
We offer this information as a public service. It is the most complete information on Sierra Tract (CA)available.
If you like what you see here and find it helpful, please call or email us for further help with buying or selling a Lake Tahoe home. We’re also always interested in comments and suggestions too. (Use comments box below.)
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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