About South Lake Tahoe's Y Area

(Lake Tahoe Real Estate Blog / May 31, 2011 / Richard Bolen)

South Lake Tahoe neighborhood home values: The Y Area prices 16.3% lower this year than last year, and 53.8% off The Y Area 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 Y Area neighborhood since 2003.

The Y Area Housing Values :
Home values this year to date are 16.3% lower ($35,000 off) than they were for all of 2010. Even better news for home buyers who might be thinking in taking advantage of better prices, and historic low interest rates: The Y Area home values are $200,000, or 53.8% lower than they were at the market high for the The Y Area neighborhood in 2007.

Compared to the median sold price of all South Lake Tahoe, CA home sales this year, the Y Area median sold price is $97,500 lower, or 35.1% under 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.

The Y Area Housing Demand :

The chart above indicates housing demand, or the number of homes sold in The Y Area by year since 2003. Note that as of today about half as many of Y Area homes have sold this year as last year. What this indicates is 2011 Y Area housing demand will likely be likely more 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 The Y Area, here

Our videos about The Y Area, here

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

Jan 13, 2011: Y Area real estate homes for sale update
Dec 13, 2010: Y Area homes for sale update
Oct 10, 2010: South Lake Tahoe Homes for Sale: Y Area (CA)
Feb 1, 2010: Y Area Real Estate Update
Dec 4, 2009: Y Area Real Estate Update
Sep 16, 2009: Y Area Real Estate Listings Activity
Aug 2, 2008: Y Area Real Estate Update

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.

(Lake Tahoe Real Estate Blog / December 13, 2010 / Richard Bolen)

Y Area Community, South Lake Tahoe, CA: Current Real Estate Home Sales Activity.

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

The Y Area is a small, older neighborhood offering market entry level homes and remodel opportunities in South Lake Tahoe, CA.

Some new remodels are also available from time to time. Homes range in value from the $100K's to new homes at the higher range of the mid market sector in South Lake Tahoe.

Almost any home here that is listed in the $100K's, or nice homes in great condition the low $200's can sell quickly.

• 2010 Y Area single family home sales, here.

• Current Y Area, South Lake Tahoe single family homes in escrow, here.

• Current Y Area, South Lake Tahoe single family homes listed, here.

Also note that distressed sales information is also included below, indicating if a house is either bank owned, a short-sale or not.

2010 Y Area Real Estate Activity :

• There are 9 Y Area single family home sales in 2010. Seven of these were distressed properties (77%).

• There are 17 Y Area single family homes listed on the South Lake Tahoe Market right now. At least six of these are distressed properties.

• There are no Y Area single family homes in escrow at present.

Continue reading "South Lake Tahoe, CA Homes for Sale: Y Area real estate listings update" on our main blog.

Some previous Lake Tahoe Real Estate Blog posts:.
.
Oct 10, 2010: South Lake Tahoe Homes for Sale: Y Area (CA)
Feb 1, 2010: Y Area Real Estate Update
Dec 4, 2009: Y Area Real Estate Update
Sep 16, 2009: Y Area Real Estate Listings Activity
Aug 2, 2008: Y Area Real Estate Update

If you like what you see here and find it helpful, call or email for further help with buying or selling a Lake Tahoe home. We’re also always interested in comments and suggestions too. (Comments box below.)

Y Area Community, 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 Y Area neighborhood real estate homes for sale activity in South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please note “Y Area (CA)” found in our left sidebar.

2010 Y Area single family home sales, here.

Current Y Area, South Lake Tahoe single family homes in escrow, here.

Current Y Area, South Lake Tahoe single family homes listed, here.

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

Some previous Lake Tahoe Real Estate Blog posts:

Feb 1, 2010: Y Area Real Estate Update
Dec 4, 2009: Y Area Real Estate Update
Sep 16, 2009: Y Area Real Estate Listings Activity
Aug 2, 2008: Y Area Real Estate Update

If you like what you see here and find it helpful, call or email for further help with buying or selling a Lake Tahoe home. We’re also always interested in comments and suggestions too. (Comments box below.)

Y Area Community, South Lake Tahoe: Current Real Estate Activity.

(Lake Tahoe Real Estate Blog / February 1, 2010 / Richard Bolen)

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

2009 Y Area single family home sales, here.

Current Y Area, South Lake Tahoe single family homes in escrow, here.

Current Y Area, South Lake Tahoe single family homes listed, here.

Also note that we have added distressed sales data to our reports for you, indicating whether a house is either bank owned, a short-sale or not.

2009 South Lake Tahoe Y Area Neighborhood Sales Recap :

There were 15 Y Area single family home sales in 2009. Six of these were distressed properties.

There are 14 Y Area single family homes listed on the South Lake Tahoe Market right now. At least four of these are distressed properties.

There are 2 Y Area single family homes in escrow at present. Both are distressed properties.

Sales Statistics:

We offer this information as a public service. It is the most complete information on Y Area (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.)

Read the original article, "South Lake Tahoe, CA Real Estate Listings Update: Y Area" on our main blog.