About South Lake Tahoe's Tahoe Island Drive

(Lake Tahoe Real Estate Blog / May 29, 2011 / Richard Bolen)

South Lake Tahoe neighborhood home values: Tahoe Island Drive prices 1.3% off this year from last year, and 44.4% off the Tahoe Island Drive market high of 2007.

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 Tahoe Island Drive neighborhood since 2003.

Tahoe Island Drive Housing Values :
Home values this year to date are 1.3% lower ($3,500) 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: Tahoe Island Drive home values are $180,000, or 44.4% lower than they were at the market high for the Tahoe Island Drive neighborhood in 2007.

Compared to the median sold price of all South Lake Tahoe, CA home sales this year, the Tahoe Island Drive median sold price is $20,000 lower, or 7.2% below the current 2011 median sold price of South Lake Tahoe neighborhoods combined ($277,500). This difference makes sense when comparing a neighborhood with many market entry homes to the median sold price of all South Lake Tahoe neighborhoods combined.

Tahoe Island Drive Housing Demand :

The chart above indicates housing demand, or the number of homes sold in Tahoe Island Drive by year since 2003. Note that as of today there have been only six Tahoe Island Drive homes sold this year. What this indicates is 2011 Tahoe Island Drive housing demand will likely be less than 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.

Fly in to Tahoe Island Drive, here

Our videos about Tahoe Island Drive, here

We hope you find some of these previous Lake Tahoe Real Estate Blog posts helpful:

Jan 14, 2011: Tahoe Island Drive real estate homes for sale update
Dec, 15, 2010: Tahoe Island Drive homes for sale activity
Oct 10, 2010: Tahoe Island Drive real estate listings activity
Jan 30, 2010: Tahoe Island Drive homes for sale
Aug 4, 2009: Tahoe Island Drive listings for sale
Feb 14, 2009: Tahoe Island Drive real estate update
Jun 1, 2008: Tahoe Island Drive homes for sale activity

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.

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Search South Lake Tahoe, CA listings here. Search Stateline, NV listings here. Automatic Listing notification here.

Tahoe Island Dr. neighborhood, South Lake Tahoe, CA: Final 2010 Real Estate Homes for Sale Activity.

(Lake Tahoe Real Estate Blog / January 14, 2011 / Richard Bolen)

We’ve just updated all Tahoe Island Drive neighborhood real estate homes for sale activity in South Lake Tahoe, including final 2010 sales, current escrow and all active listings. Please note “Tahoe Island Drive (CA)” found in the left sidebar of the Lake Tahoe Real Estate Blog.

Tahoe Island Drive is a desirable mid-market area close to South Lake Tahoe shopping, recreation and entertainment attractions. This is a mid-town, desirable location.

Next to the Tahoe Keys, Tahoe Island Drive is closer to the lake than to the ski lifts and casinos and other enticing South Lake Tahoe entertainment and recreation attractions. All are just minutes away.

Market entry homes and above that can be found here. There will be homes built in the 1970’s in original condition, remodel and fixer opportunities, newer homes in great condition, and an occasional new home from time to time.

The proximity to the Tahoe Keys, one of South Lake Tahoe’s great lake access neighborhoods, can not be overlooked. Sometimes a Tahoe Island Drive home comes on the market with the right to a boat slip in the Tahoe Keys marina, and all home here are within blocks of all other Tahoe Keys attractions that are available for the public.

At our market high, Tahoe Island Drive home Values ranged from the low $300K’s to the upper $700K’s. Back then, well priced homes in the $300K’s sold very quickly.

Continue reading “Final 2010 South Lake Tahoe homes for sale report: Tahoe Island Drive” on our main blog.

Some previous Lake Tahoe Real Estate Blog posts:

Dec, 15, 2010: Tahoe Island Drive homes for sale activity
Oct 10, 2010: Tahoe Island Drive real estate listings activity
Jan 30, 2010: Tahoe Island Drive homes for sale
Aug 4, 2009: Tahoe Island Drive listings for sale
Feb 14, 2009: Tahoe Island Drive real estate update
Jun 1, 2008: Tahoe Island Drive homes for sale activity

(Lake Tahoe Real Estate Blog / December 15, 2010 / Richard Bolen)

Tahoe Island Dr. neighborhood, South Lake Tahoe, CA: Current Real Estate Homes for Sale Activity.

We’ve just updated all Tahoe Island Drive neighborhood real estate homes for sale activity in South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please note “Tahoe Island Drive (CA)” found in our left sidebar.

Tahoe Island Drive is a desirable mid-market area close to South Lake Tahoe shopping, recreation and entertainment attractions. This is a mid-town, desirable location.

Next to the Tahoe Keys, Tahoe Island Drive is closer to the lake than to the ski lifts and casinos and other enticing South Lake Tahoe entertainment and recreation attractions. All are just minutes away.

Market entry homes and above that can be found here. There will be homes built in the 1970’s in original condition, remodel and fixer opportunities, newer homes in great condition, and an occasional new home from time to time.

The proximity to the Tahoe Keys, one of South Lake Tahoe's great lake access neighborhoods, can not be overlooked. Sometimes a Tahoe Island Drive home comes on the market with the right to aboat slip in the Tahoe Keys marina, and all home here are within blocks of all other Tahoe Keys attractions thatare available for the public.

Continue reading “South Lake Tahoe, CA homes for sale: Tahoe Island Drive real estate listings update” on our main blog.

Some previous Lake Tahoe Real Estate Blog posts:

Oct 10, 2010: Tahoe Island Drive real estate listings activity
Jan 30, 2010: Tahoe Island Drive homes for sale
Aug 4, 2009: Tahoe Island Drive listings for sale
Feb 14, 2009: Tahoe Island Park real estate update
Jun 1, 2008: Tahoe Island Park homes for sale activity

Tahoe Island Dr. neighborhood, South Lake Tahoe, CA: Current Real Estate Home Sales Activity.

(Lake Tahoe Real Estate Blog / October 10, 2010 / Richard Bolen)

We’ve just updated all Tahoe Island Drive neighborhood real estate homes for sale activity in South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please note “Tahoe Island Drive (CA)” found in our left sidebar.

2010 Tahoe Island Drive single family home sales, here.

Current Tahoe Island Drive, South Lake Tahoe single family homes in escrow, here.

Current Tahoe Island Drive, South Lake Tahoe single family homes listed, here.

Also note that we have added information about distressed sales to our reports so that you can easily determine if a house is bank owned, a short sale or not.

Continue reading “South Lake Tahoe Homes for Sale: Tahoe Island Drive (CA)” on our main blog.

Some previous Lake Tahoe Real Estate Blog posts:

Jan 30, 2010: Tahoe Island Drive homes for sale
Aug 4, 2009: Tahoe Island Drive listings for sale
Feb 14, 2009: Tahoe Island Park real estate update
Jun 1, 2008: Tahoe Island Park homes for sale activity

We offer this information as a public service. It is the most complete information on Tahoe Island Drive (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.)

Tahoe Island Dr. neighborhood, South Lake Tahoe, CA: Current Real Estate Activity.

(Lake Tahoe Real Estate Blog / January 30, 2010 / Richard Bolen)

We’ve just updated all Tahoe Island Drive neighborhood real estate activity in South Lake Tahoe, including final 2009 sales, current escrow and all active listings. Please note “Tahoe Island Drive (CA)” found in our left sidebar.

2009 Tahoe Island Drive single family home sales, here.

Current Tahoe Island Drive, South Lake Tahoe single family homes in escrow, here.

Current Tahoe Island Drive, South Lake Tahoe single family homes listed, here.

Also note that we have added information about distressed sales to our reports so that you can easily determine if a house is bank owned, a short sale or not.

Current Tahoe Island Drive, South Lake Tahoe Neighborhood Sales Recap :

There were 25 Tahoe Island Drive single family home sales in 2009. Nine of these were distressed properties.

There are 11 Tahoe Island Drive single family homes listed and available for sale that are not in escrow right now. Two of these are distressed properties.

There are 2 Tahoe Island Drive single family homes in escrow at present. One of these is distressed properties.

Sales Statistics:

We offer this information as a public service. It is the most complete information on Tahoe Island Drive (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.)

See the original article, "South Lake Tahoe, CA Real Estate Listings Update: Tahoe Island Drive" on our main blog.