
(LAKE TAHOE REAL ESTATE BLOG) We’ve just updated Bijou, a neighborhood in South Lake Tahoe, CA. Please note “Bijou, CA” found in our left sidebar. This link will take you to all current Bijou listings, current escrow and all 2008 sales. Also included are all Bijou sales for 2007, 2006, and 2005.
About Bijou : (More about Bijou, including aerial view and slide show)
(Number homes: 1,372 plus) Bijou is also one of South Lake Tahoe’s oldest neighborhoods. It is also perhaps its most centrally located. Homes range from small, entry-level starters, to large remodels and some new homes. Some duplexes are also found throughout. Neighborhood features are location to shopping, recreation and entertainment, tall trees and some mountain, meadow, and forest views. Prices range from small, older homes in original condition in the $200K’s (not a lot of these anymore) to larger remodeled homes in the $500K’s, and now more.
We offer this information as a public service. It is the most complete information on Bijou available.
If you like what you see here and find it helpful, please call 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) We’ve just updated Al Tahoe, a neighborhood in South Lake Tahoe, CA. Please note “Al Tahoe, CA” found in our left sidebar. This link will take you to all current Al Tahoe listings, current escrow and all 2008 sales. Also included are all Al Tahoe sales for 2007, 2006, and 2005.
About Al Tahoe : (More about Al Tahoe, including aerial view and slide show)
(Number of homes: a few more than 900) 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.
We offer this information as a public service. It is the most complete information on Al Tahoe available.
If you like what you see here and find it helpful, please call 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.)
The South Lake Tahoe Keys Market will continue to get better throughout the summer... like it does every year.(LAKE TAHOE REAL ESTATE BLOG) Well, it's an 8-day week we're talking about, and while it's perhaps not as good as the Beatles song, it's a good start. We thought this might happen when we wrote an extensive Tahoe Keys real estate market recap on May 16th (all of it here).
At that time there were no Tahoe Keys single home sales in 2008; now there are 2. And more will be coming.
This is the time of the year, well we're just a little before it actually, when we start seeing the most Tahoe Keys activity of the year. It kinda makes sense, huh? Since this is South Lake Tahoe's premier water sports and recreation neighborhood.
Since we wrote that Keys recap, there have been 7 new listings. And two more homes are in escrow, one of them at $2.1M.
This means that the current Tahoe Keys inventory is 50 available single family homes. There are also 6 in escrow.
To see all available Tahoe Keys listings, homes in escrow and the 2 sales so far this year, click here.
For more information about the Tahoe Keys, email or call us please (800-923-9022)
The South Lake Tahoe Real Estate Market so far this year.(LAKE TAHOE REAL ESTATE BLOG) We have just updated all 2008 South Lake Tahoe, CA residential home sales. To date, there have been 111 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. (see 365-day sales results here.)
The spreadsheet has two links that will lead you to charts containing statistical data on all these 2008 homes sales. These charts have the following information:
2008 Sales Summary:
Here’s what this information tells us about current market conditions in South Lake Tahoe, CA: (with only 111 sales, please refer here for the last 365 days of sales data.)
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. The Median Sold Prices as indicated below suggest that prices have come down this year, and that they are flattening.
We have recently posted a report on current South Lake Tahoe, CA homes in escrow. There are 56 of these with a current Median Price of $425,000. When these homes close, the actual Median Sold Price will certainly be lower. This suggests that the market may still be somewhat correcting (we're close to stabilization, we think, and should know a lot more soon).
Median Sold Price: (not including The Tahoe Keys)
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 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 were weighted more to one end or the other of the price spectrum, then the median and average could be quite different.
In South Lake Tahoe, CA, the difference between Median Sold and Average Sold Price is normally quite apparent. Home sales prices in 2007 ranged from $170,000 to $3,750,000. We have a significant concentration of high-end luxury home sales compared to market entry homes:
There were 34 homes sold above $1,000,000 in 2007, 5 of them were $2,000,000 and above and one was above $3,500,000. At the same time, there were only 38 homes sold under $300,000.
There was a $72,063 difference (11.2%) between Median and Average prices for all homes sold in 2007 (see all 2007 sales results here).
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.
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.)
All South Lake Tahoe, CA Homes in Escrow... with Statistics.(LAKE TAHOE REAL ESTATE BLOG) We have just updated our South Lake Tahoe Real Estate Market Escrow Report. There are 56 homes in escrow at present. You will find the link “All Escrow - South Lake Tahoe, CA”, in our left sidebar. This will lead you to a spreadsheet containing all homes in South Lake Tahoe, CA that are currently in escrow.
The spreadsheet has two links that will lead you to charts containing statistical data on all the homes in escrow. These charts have the following information:

Escrow Summary :
Here’s what the latest escrow information tells us about current market conditions in South Lake Tahoe, CA:
Escrow and Inventory :
The chart above tracks the relationship of homes that are listed and homes in escrow since November of 2006.
What it Means : Good News for Buyers.
The South Lake Tahoe, CA real estate market presents significant Buying opportunities at this time.
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. (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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