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Gary Bolen (CRS) Lake Tahoe Real Estate Information

Country Club Estates Neighborhood Update: All 2007 Sales, Current Escrow and Listings.

Country Club Estates Update - South Lake Tahoe Real Estate Market Statistics

(LAKE TAHOE REAL ESTATE BLOG) We’ve just updated Country Club Estates. Please click the link “Country Club Estates, CA” found in our left sidebar. This will lead one to all current Country Club Estates listings, current escrow and all sales in 2007. Also included are all Country Club Estates sales for 2006, 2005 and 2004.

Also included in our left sidebar are all other South Lake Tahoe and Stateline, NV neighborhoods, plus complete reports on the entire South Lake Tahoe and Stateline, NV real estate market. Here you will find current South Lake Tahoe and Stateline, NV real estate absorption rates as well. This is the most complete and up-to-date Lake Tahoe real estate information available online. Our goal is to provide you with all of the information... all of the time.

Also found on each spreadsheet page for Country Club Estates are statistics charts with the following:

  • -- Median Sold Price.
  • -- Average List Price.
  • -- Original List Price.
  • -- Dollar difference between original list and median sold price.
  • -- Percent difference between original list and median sold price.
  • -- Average Price per Sq Ft.
  • -- Average Days on Market.
  • -- Average Size.

About Country Club Estates
(Number homes: 536 plus ) Country Club Estates is an upscale hillside neighborhood. Homes range from the $400K’s to large, newer estates overlooking the Lake Tahoe Airport. From time to time, small, older homes are available in the $300K’s. Features include forest, hillside settings, tall trees, some large lots and mountain views. Well priced homes sell quickly here.

We offer this information as a public service. It is the most complete and current information on Country Club Estates and the South Lake Tahoe real estate market 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. (Please use the comments box below.)

Lake Tahoe Real Estate Blog

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Christmas Valley Neighborhood Update: All 2007 Home Sales, Current Escrow and Listings.

South Lake Tahoe Real Estate Market Update - Christmas Valley

(LAKE TAHOE REAL ESTATE BLOG) We’ve just updated Christmas valley. Please click the link “Christmas Valley, CA” found in our left sidebar. This will lead one to all current Christmas valley listings, current escrow and all sales in 2007. Also included are all Christmas valley sales for 2006, 2005 and 2004.

Also included in our left sidebar are all other South Lake Tahoe and Stateline, NV neighborhoods, plus complete reports on the entire South Lake Tahoe and Stateline, NV real estate market. Here you will find current South Lake Tahoe and Stateline, NV real estate absorption rates as well. This is the most complete and up-to-date Lake Tahoe real estate information available online. Our goal is to provide you with all of the information... all of the time.

Also found on each spreadsheet page for Christmas valley are statistics charts with the following:

  • -- Median Sold Price.
  • -- Average List Price.
  • -- Original List Price.
  • -- Dollar difference between original list and median sold price.
  • -- Percent difference between original list and median sold price.
  • -- Average Price per Sq Ft.
  • -- Average Days on Market.
  • -- Average Size.

About Christmas Valley:
(Number homes: a few less than 600) Nestled along majestic mountains, Christmas Valley is one of our most desirable neighborhoods. Homes generally range from the low $400K’s to the $800K’s. Small, older homes are sometimes available in the low $300K’s, and larger newer homes are sometimes available... with values up to $1M or more. Features include some large lots, seclusion, incredible mountain views and the feel of living both in the mountains and in a country setting.

We offer this information as a public service. It is the most complete and current information on Christmas Valley and the South Lake Tahoe real estate market 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. (Please use comments box below.)

Lake Tahoe Real Estate Blog

Click Here (for something cool)

Our Bolero Button? (It's in the sidebar under mybloglog.)

Cave Rock Neighborhood Update - Stateline, NV area of South Lake Tahoe.

Cave Rock Listings Update - South Lake Tahoe real estate market statistics.(LAKE TAHOE REAL ESTATE BLOG) We’ve just updated Cave Rock, one of the Stateline, NV neighborhoods in our South Lake Tahoe real estate market. Please click the link “Cave Rock, NV” found in our left sidebar. This will lead one to all current Cave Rock listings, current escrow and all sales in 2007. Also included are all Cave Rock sales for 2006, 2005 and 2004.


Also included in our left sidebar are all other South Lake Tahoe and Stateline, NV neighborhoods, plus complete reports on the entire South Lake Tahoe real estate market and Statenline, NV real estate market. Here you will also find current South Lake Tahoe and Stateline, NV absorption rates as well.

About the Cave Rock:
(Number homes: about 190) Located on hillsides overlooking the lake, Cave Rock and Lakeridge offer both breathtaking lake views and forested lots. Homes range from dated fixer-uppers, through mid-market opportunities to some of the most stunning view property estates on the Lake.

Also found on each spreadsheet page for Cave Rock are statistics charts with the following:

  • -- Median Sold Price.
  • -- Average List Price.
  • -- Original List Price.
  • -- Dollar difference between original list and median sold price.
  • -- Percent difference between original list and median sold price.
  • -- Average Price per Sq Ft.
  • -- Average Days on Market.
  • -- Average Size.

We offer this information as a public service. It is the most complete current information on Cave Rock and the South Lake Tahoe real estate market 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.)

Lake Tahoe Real Estate Blog

Click Here (for something cool)

Our Bolero Button? (It's in the sidebar under mybloglog.)

South Lake Tahoe, CA 2007 Final Home Sales Report - Single Family Homes Only.

South Lake Tahoe Real Estate Market Update - All 2007 Home Sales

(LAKE TAHOE REAL ESTATE BLOG) We have just updated all 2007 South Lake Tahoe, CA residential home sales. To date, there have been 373 single family home sales in South Lake Tahoe, CA this year. To get as true indication of market conditions as possible, we also continue to look at and report all single family home sales in South Lake Tahoe,CA for the last 365, 180, 90 and 30 days as well.


The link above will lead you to a spreadsheet, which also has a link that will lead you to charts containing statistical data on all 2007 South Lake Tahoe homes sales. These charts have the following information:

  • * Average Original List Price
  • * Median Original List Price
  • * Median Reduced, or Current Price
  • * $ Difference List v. Reduced Price
  • * % Difference List v. Reduced Price
  • * Average Days on Market
  • * Average Price per Sq Ft
  • * Average Size

2007 Sales Summary : (Tahoe Keys not included)
Here’s what this information tells us about current market conditions in South Lake Tahoe, CA:

  • * The Median Sold Price for all homes sold in 2007 is $425,000 (not including homes in The Tahoe Keys)
  • * The Average Original List Price of homes sold is $565,866.
  • * The Average Sold Price is $506,512.
  • * The difference between Average Original List Price and Median Sold Price is $55,936, or 10.5%.
  • * Average Days on Market is 154.
  • * Average Price Sq. Ft. is $321.

Median Sold Price : Which is the right one?
We look at Median Sold Price at various time intervals. This allows us to better track current market condition, and to identify any emerging changes as quickly as possible.

Median Sold Price : (not including The Tahoe Keys)

  • * For 2007 $425,000.
  • * For 2006: $475,000
  • * For 2005: $475,000

What is Median Sold Price anyway?
Median Sold Price represents the price at which an equal number of houses were sold for more and for less. Real estate professionals tend to rely on it rather than the Average Price because the average can sometimes be, and often is, skewed by the sale of a relatively small number of houses at either end of the price scale.

We believe, as do most real estate statisticians, Median Sold Price gives a truer indication of overall market condition. Median Sold Price and Average Sold Price can be quite different for the same sample group. For instance, if one is doing a sold properties report and the homes are very evenly distributed, the Median and Average might be very similar. However, if the homes sold are weighted more to one end or the other of the price spectrum, then the median and average will be quite different.

In South Lake Tahoe, CA, the difference between Median Sold and Average Sold Price is normally apparent. Home sales prices here in 2007 ranged from $170,000 to $3,750,000.

There were 34 homes sold above $1,000,000 in 2007, 6 of these were above $2,000,000 and one was above $3,500,000. At the same time, there have been only 37 homes sold under $300,000.

There is a $102,200 difference (15.2%) between Median and Average prices for all homes sold in 2007 This figure includes The Tahoe Keys. (The figure not including the Tahoe Keys is $59,354, or 12.5%.)


The Bottom Line : Good News for Buyers.
The South Lake Tahoe, CA real estate market presents significant Buying opportunities at this time.
Interest rates remain reasonable.

  • * Prices have come down.
  • * A Buyer has many homes from which to choose.
  • * Many Sellers are eager to sell.
  • * Some Sellers are more reasonable than ever.

We offer this information as a public service. This blog contains the most complete and current information on the South Lake Tahoe, CA and Stateline, NV real estate market 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. (Please use comments box below.)

Lake Tahoe Real Estate Blog

Click Here (for something cool)

Our Bolero Button? (It's in the sidebar under mybloglog.)

Al Tahoe Neighborhood Update: All 2007 Home Sales, Current Escrow & Listings.

South Lake Tahoe Real Estate Market Update

(LAKE TAHOE REAL ESTATE BLOG) We’ve just updated Al Tahoe. Please click the link “Al Tahoe, CA” found in our left sidebar. This will lead one to all current Al Tahoe listings, current escrow and all sales in 2007. Also included are all Al Tahoe sales for 2006, 2005 and 2004.

Also included in our left sidebar are all other South Lake Tahoe and Stateline, NV neighborhoods, plus complete reports on the entire South Lake Tahoe and Stateline, NV real estate market. Here you will find current South Lake Tahoe and Stateline, NV real estate absorption rates as well. This is the most complete and up-to-date Lake Tahoe real estate information available online. Our goal is to provide you with all of the information... all of the time.

About Al Tahoe:
(Number of homes: 902) Highly desirable Al Tahoe is one of South Lake Tahoe’s oldest neighborhoods. Known for having some of the first cabins on the Lake, Al Tahoe features lake fronts, newly remodeled homes and homes and cabins in original condition, many of which represent significant updating and value increasing opportunities. Al Tahoe experienced high demand and meaningful value increases throughout 2004 and 2005. One reason for this activity is Al Tahoe’s close proximity to the Lake (most homes are within short walking distance) and its central location amid South Lake Tahoe’s shopping, recreation and entertainment attractions. Among the neighborhood’s features are tall trees, open meadows, lake and mountain views, some oversized lots and the feel of an alpine forest setting.

Also found on each spreadsheet page for Al Tahoe are statistics charts with the following:

  • -- Median Sold Price.
  • -- Average List Price.
  • -- Original List Price.
  • -- Dollar difference between original list and median sold price.
  • -- Percent difference between original list and median sold price.
  • -- Average Price per Sq Ft.
  • -- Average Days on Market.
  • -- Average Size.

We offer this information as a public service. It is the most complete and current information on Al Tahoe and the South Lake Tahoe Real Estate Market 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 South Lake Tahoe home. We’re also always interested in comments and suggestions too. (Please use comments box below.)

Lake Tahoe Real Estate Blog

Click Here (for something cool)

Our Bolero Button? (It's in the sidebar under mybloglog.)