“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

About Stateline's Lake Village

South Lake Tahoe condos listings for sale update: Lake Village, NV

Gary Bolen (CRS) Lake Tahoe Real Estate Information: Real Estate Agent in South Lake Tahoe, CA

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

Tracking Lake Village, NV condo values in South Lake Tahoe, CA since 2003

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, NV housing demand in South Lake Tahoe, CA since 2003

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 Al Tahoe neighborhood, South Lake Tahoe, CAFly 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


South Lake Tahoe Real Estate: Hidden Woods, NV NeighborhoodWhy 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.


South Lake Tahoe Real Estate Listings Update: Lake Village, NV

Gary Bolen (CRS) Lake Tahoe Real Estate Information: Real Estate Agent in South Lake Tahoe, CA

South Lake Tahoe Real Estate: Lake Village Neighborhood

Current Real Estate Activity: Lake Village townhomes & condominiums, Stateline, NV area of South Lake Tahoe.

(Lake Tahoe Real Estate Blog / April 22, 2011 / Richard Bolen)

We’ve just updated all  Lake Village  (NV) townhomes and condominium real estate activity in the Stateline, NV area of South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please note “Lake  Village  (NV)” found in our left sidebar.

Set amid a gentle alpine hillside forest, Lake Village is a quiet, sedate, well-planned, highly desirable condominium / townhome community. Properties range from affordable townhouses to large, vaulted ceiling, lake-view sunset-in-your-face retreats. Many of the properties in Lake Village are used as vacation homes and some have offered significant vacation rental income over the years. There are a few less than 350 townhomes here.

There are numerous floor plans and configurations here, ranging from a bit less than 1,000 square feet to as much as 4,000 square feet on three floors. Most Lake Village townhomes do not have a garage, but those that do are highly sought and normally at the high end of the Lake Village price range.

One of the great features of this community is its central location to all things good about South Lake Tahoe, including of course our nightlife, entertainment and 4-season recreation attractions. Here, one is minutes from gaming, live performances and the ski slopes. Of these we have our favorites, but what about yours?

Townhome sales in the current market climate have leveled off from our highs in 2004 and 2005, Where there were as many as 30 sales a year. There's less activity now, but the first third of 2011 has already given us half of all sales last year, and last year there were more sales than the year before. So demand is inching up since our 2008 low.

In the last four years the least costly Lake Village townhome sold for $180,000, a bank owned distressed sale that sold in 2009. The highest sale was for $1M, an exquisite lake view townhome that sold in 2008. Since then the nearest a sale has come to that was $625,000 in 2009.

At present there is one Lake Village townhome listed under $300,000, and the median sold price has returned from the low of $266,250 last year to $310,000 so far this year, and counting

  • 2011 Lake Village townhome or condo sales, here.
  • 2010 Lake Village townhome or condo sales, here.
  • Current  Lake Village, Stateline, NV  townhome or condos in escrow,  here.
  • Current  Lake Village, Stateline, NV  townhome or condos  listed,  here.

Fly-in to Skyland movie

Fly-in to Lake Village from outer space, here.

 

Also note that we have added information about distressed sales to this report, which can be found in the "special conditions" column on our neighborhood spreadsheets.

South Lake Tahoe Real Estate: Lake Village Neighborhood  Lake  Village  Sales Recap 

  • There have been  6  Lake Village townhome or condominium sales in 2011 at present. Three of these were distressed properties. This is half of the Lake Village sales that were recorded in 2010.
  • There are  13  Lake Village  townhomes or condos listed on the South Lake Tahoe Market right now. One of these is a distressed property.
  • There is  Lake Village townhome in escrow at present. It is a distressed property.

Continue reading "South Lake Tahoe Real Estate Listings Update: Lake Village, NV" on our main blog.


Some other posts about Lake Village that may be of interest:

Oct 3, 2010: Lake Village homes 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


South Lake Tahoe, NV Townhome & Condo Home Sales: Lake Village

Gary Bolen (CRS) Lake Tahoe Real Estate Information: Real Estate Agent in South Lake Tahoe, CA

South Lake Tahoe Real Estate: Lake Village Neighborhood

Current Real Estate Activity: Lake Village townhomes & condominiums, Stateline, NV area of South Lake Tahoe.

(Lake Tahoe Real Estate Blog / October 3, 2010 / Richard Bolen)

(note: The links to our Lake Village page are currently down. We have our programmer working on it. Thanks for your consideration, though all current Lake Village activity plus all relevant stat charts are below.)

We’ve just updated all Lake Village (NV) townhomes and condominium real estate activity in the Stateline, NV area of South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please note “Lake Village (NV)” found in our left sidebar.

2010 Lake Village townhome or condo sales, here.

Current Lake Village, Stateline, NV townhome or condos in escrow, here.

Current Lake Village, Stateline, NV townhome or condos listed, here.

Also note that we have added information about distressed sales to this report, which can be found in the “special conditions” column on our neighborhood spreadsheets.

South Lake Tahoe Real Estate: Lake Village Neighborhood Lake Village Sales Recap :

There has been 10 Lake Village townhome or condominium sales in 2010 at present. Four of these were distressed properties.

Continue reading “South Lake Tahoe, NV Townhome & Condo Home Sales: Lake Village” on our main blog.


Other posts of interest:

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

South Lake Tahoe, NV News: Lake Village Townhomes & Condominiums

Gary Bolen (CRS) Lake Tahoe Real Estate Information: Real Estate Agent in South Lake Tahoe, CA

South Lake Tahoe Real Estate: Lake Village Neighborhood

Current Real Estate Activity: Lake Village townhomes & condominiums, Stateline, NV area of South Lake Tahoe.

(Lake Tahoe Real Estate Blog / August 7, 2010 / Richard Bolen)

We’ve just updated all Lake Village (NV) townhomes and condominium real estate activity in the Stateline, NV area of South Lake Tahoe, including all 2010 sales, current escrow and all active listings. Please see “Lake Village (NV)” found in the left sidebar of our main blog.

2010 Lake Village townhome or condo sales, here.

Current Lake Village, Stateline, NV townhome or condos in escrow, here.

Current Lake Village, Stateline, NV townhome or condos listed, here.

Also note that we have added information about distressed sales to this report, which can be found in the “special conditions” column on our neighborhood spreadsheets.

South Lake Tahoe Real Estate: Lake Village Neighborhood Lake Village Sales Recap :

There have been 7 Lake Village townhome or condominium sales in 2010 at present. Three of these were distressed properties.

This is more than half of the Lake Village sales that were recorded in all of 2009.

There are 15 Lake Village townhomes or condos listed on the South Lake Tahoe Market right now. None of these is a distressed property.

There are 4 Lake Village townhomes or condominiums in escrow at present. Three of these is a distressed property.

Continue reading “South Lake Tahoe, NV News: Lake Village Townhomes & Condominiums” on our main blog.


Other posts of interest:

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