Stateline, NV

(Lake Tahoe Real Estate Blog / June 18, 2011 / Richard Bolen)

South Lake Tahoe neighborhood condominium and townhome values: Summit Tahoe Village prices down 10% from 2010, and 90% down from Summit Tahoe Village market high of 2006.

We though it would be interesting to track South Lake Tahoe, NV neighborhood condominium and townhome values over time with this visual. As the chart above indicates, here are the median sold prices for the Summit Tahoe Village neighborhood since 2004.

Summit Tahoe Village Condo & Townhome Values :
Summit Tahoe Village condominium and townhome values are 9.7% lower ($17,450) than they were last year. Even better news, and it's startling, for home buyers who might be thinking in taking advantage of better prices and historic low interest rates: Summit Tahoe Village townhome and condominium values are $278,450 lower, or 90.7% off what they were at the market high in 2006.

Compared to the median sold price of all South Lake Tahoe, NV (aka "Stateline, NV") home sales this year, the Summit Tahoe Village median sold price is $413,450 lower, or 71.9% below the current 2011 median sold price of Nevada neighborhoods combined ($575,000). This difference makes sense when comparing a townhome and condominium neighborhood to the median sold price of all South Lake Tahoe, NV neighborhoods combined.

Summit Tahoe Village Housing Demand :

The chart above indicates housing demand, or the number of homes sold in Summit Tahoe Village by year since 2004. As of today, 40.4% of last years sales volume has already occurred. What this indicates is Summit Tahoe Village housing demand in 2011 will likely be similar to that of 2010.

Fly in to Summit Tahoe Village, here

Some previous Lake Tahoe Real Estate Blog posts about Lake Village:

Apr 20, 2011: Summit Tahoe Village condos for sale update
Mar 29, 2010: Summit Tahoe Village real estate listings update
Feb 9, 2010: Summit Tahoe Village condominiums for sale update
Dec 26, 2009: Summit Tahoe Village real estate homes for sale update
Aug 26, 2009: Summit Tahoe Village real estate market update
Nov 15, 2008: Summit Tahoe Village townhomes and condominiums

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_highlighting 800-923-9022 end_of_the_skype_highlighting

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

(Lake Tahoe Real Estate Blog / June 18, 2011 / Richard Bolen)

South Lake Tahoe neighborhood condominium and townhome values: Lake Village prices up 16% over 2010, but down 73% off Lake Village market high of 2006.

We though it would be interesting to track South Lake Tahoe, NV neighborhood condominium and townhome values over time with this visual. As the chart above indicates, here are the median sold prices for the Lake Village neighborhood since 2004.

Lake Village Condo & Townhome Values :
Lake Village condominium and townhome values are 16.4% higher ($43,750) than they were last year. Better news for home buyers who might be thinking in taking advantage of better prices and historic low interest rates: Lake Village townhome and condominium values are $290,000 lower, or 73.2% off what they were at the market high in 2006.

Compared to the median sold price of all South Lake Tahoe, NV (aka "Stateline, NV") home sales this year, the Lake Village median sold price is $265,000 lower, or 46.1% below the current 2011 median sold price of Nevada neighborhoods combined ($575,000). This difference makes sense when comparing a townhome and condominium neighborhood to the median sold price of all South Lake Tahoe, NV neighborhoods combined.

Lake Village Housing Demand :

The chart above indicates housing demand, or the number of homes sold in Lake Village by year since 2004. As of today, two-thirds of last years sales volume has already occurred. What this indicates is Lake Village housing demand in 2011 will likely exceed that of 2010.

Fly in to Lake Village, here

Some previous Lake Tahoe Real Estate Blog posts about Lake Village:

Oct 3, 2010: Lake Village Townhomes and Condos for sale update
Aug. 7, 2010: South Lake Tahoe, NV News: Lake Village
Apr. 18, 2010: Observations on Lake Village Townhomes and Condominiums
Apr. 18, 2010: Lake Village Real Estate Listings Update
Jul. 14, 2009: Lake Village Real Estate Sales Update
Aug. 8, 2008: Lake Village Real Estate Market 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.

Email us directly here. Call us: 800-923-9022 begin_of_the_skype_highlighting 800-923-9022 end_of_the_skype_highlighting

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

(Lake Tahoe Real Estate Blog / June 12, 2011 / Richard Bolen)

South Lake Tahoe neighborhood home values: Lower Kingsbury prices up 44% over last year, but down 43% off Lower Kingsbury market high of 2007.

We though it would be interesting to track South Lake Tahoe, NV neighborhood home values over time with this visual. As the chart above indicates, here are the median sold prices for the Lower Kingsbury neighborhood since 2004.

Lower Kingsbury Housing Values :
Home values this year to date are 44% higher ($139,500) than they were for all of 2010 (based on five home sales to date). Better news for home buyers who might be thinking in taking advantage of better prices, and historic low interest rates: Lower Kingsbury home values are $244,000 lower, or 43.4% off what they were at the market high for Lower Kingsbury in 2007.

Compared to the median sold price of all South Lake Tahoe, NV (aka "Stateline, NV") home sales this year, the Lower Kingsbury median sold price is $140,000 lower, or 23.5% under the current 2011 median sold price of Nevada neighborhoods combined ($595,000). This difference makes sense when comparing a neighborhood with many market entry homes to the median sold price of all South Lake Tahoe, NV neighborhoods combined.

Lower Kingsbury Housing Demand :

The chart above indicates housing demand, or the number of homes sold in Lower Kingsbury by year since 2004. Note that as of today the number of Lower Kingsbury homes sold this year is already the same as it was last year. What this indicates is Lower Kingsbury housing demand in 2011 will certainly surpass that of 2010.

Fly in to Lower Kingsbury, here

Some previous Lake Tahoe Real Estate Blog posts about Round Hill:

Oct 16, 2010: Lower Kingsbury real estate homes for sale
Feb 9, 2010: Lower Kingsbury homes for sale update
July 13, 2009: Lower Kingsbury real estate update
Feb 8, 2009: Lower Kingsbury home listings update
Jun 7, 2008: Lower Kingsbury homes for sale 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.

Email us directly here. Call us: 800-923-9022 begin_of_the_skype_highlighting 800-923-9022 end_of_the_skype_highlighting

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

(Lake Tahoe Real Estate Blog / June 12, 2011 / Richard Bolen)

South Lake Tahoe neighborhood home values: Middle Kingsbury prices 14% off from last year, and down 56% off Middle Kingsbury market high of 2007.

We though it would be interesting to track South Lake Tahoe, NV neighborhood home values over time with this visual. As the chart above indicates, here are the median sold prices for the Middle Kingsbury neighborhood since 2003.

Middle Kingsbury Housing Values :
Home values this year to date are 14% lower ($67,500 off) than they were for all of 2010 (based on the only four home sales to date). Even better news for home buyers who might be thinking in taking advantage of better prices, and historic low interest rates: Middle Kingsbury home values are $424,000 lower, or 56.5% off what they were at the market high for Middle Kingsbury in 2007.

Compared to the median sold price of all South Lake Tahoe, NV (aka "Stateline, NV") home sales this year, the Middle Kingsbury median sold price is $179,000 lower, or 30.1% below the current 2011 median sold price of Nevada neighborhoods combined ($595,000). This difference makes sense when comparing a neighborhood with only four homes sold, half of which are distressed (both bank-owned sales) to the median sold price of all South Lake Tahoe, NV neighborhoods combined.

Middle Kingsbury Housing Demand :

The chart above indicates housing demand, or the number of homes sold in Middle Kingsbury by year since 2004. Note that as of today the number of Middle Kingsbury homes sold this year is only 28.6% of what Middle Kingsbury demand was for all of last year. What this indicates is Middle Kingsbury housing demand in 2011 may be less than what it was in 2010.

Some previous Lake Tahoe Real Estate Blog posts about Round Hill:

Oct 15, 2010: Middle Kingsbury real estate listings for sale update
Feb 9, 2010: Middle Kingsbury homes for sale update
Aug 13, 2009: Middle Kingsbury real estate update
Apr 3, 2009: Middle Kingsbury home listings upate
Aug 8, 2008: Middle Kingsbury homes for sale 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.

Email us directly here. Call us: 800-923-9022 begin_of_the_skype_highlighting 800-923-9022 end_of_the_skype_highlighting

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

(Lake Tahoe Real Estate Blog / June 7th, 2011 / Richard Bolen)

South Lake Tahoe neighborhood home values: Upper Kingsbury prices up 25% over last year, but 18.6% off Upper Kingsbury 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 Upper Kingsbury neighborhood since 2003.

Upper Kingsbury Housing Values :
Home values this year to date are 25% higher ($105,000) than they were for all of 2010 (based on the only two sales to date). Better news for home buyers who might be thinking in taking advantage of better prices, and historic low interest rates: Upper Kingsbury home values are $120,000 lower, or 18.5% off what they were at the market high for Upper Kingsbury in 2005.

Compared to the median sold price of all South Lake Tahoe, NV (aka "Stateline, NV") home sales this year, the Upper Kingsbury median sold price is $70,000 lower, or 11.8% below the current 2011 median sold price of Nevada neighborhoods combined ($595,000). 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.

Upper Kingsbury Housing Demand :

The chart above indicates housing demand, or the number of homes sold in Upper Kingsbury by year since 2003. Note that as of today the number of Upper Kingsbury homes sold this year is 15.4% of what Upper Kingsbury demand was for all of last year. What this indicates is Upper Kingsbury housing demand in 2011 may be less than what it was in 2010.

Fly in to Upper Kingsbury, here

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

Oct 15, 2010: Upper Kingsbury real estate home sales update
Jul 12, 2010: Upper Kingsbury homes for sale update
Feb 2, 2010: South Lake Tahoe Listings Update: Upper Kingsbury
Dec 24, 2009: Upper Kingsbury Listings Update
Aug 13, 2009: Upper Kingsbury Sales and Listings Update
Jun 6, 2008: Upper Kingsbury 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.

Email us directly here. Call us: 800-923-9022 begin_of_the_skype_highlighting 800-923-9022 end_of_the_skype_highlighting

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