Your June South Lake Tahoe Market Update Is Here
Learn More
Do you want content like this delivered to your inbox?
Share
Share

South Lake Tahoe Monthly Market Update, April 2021

Nanda & Jimmy Dozier

We are a husband and wife team servicing the areas of South Lake Tahoe, West Shore, Lake Tahoe NV, North Lake Tahoe and Truckee.Selling a home in toda...

We are a husband and wife team servicing the areas of South Lake Tahoe, West Shore, Lake Tahoe NV, North Lake Tahoe and Truckee.Selling a home in toda...

May 4 4 minutes read

As we head towards the peak home buying season, the demand remains strong but the housing supply still lags behind. Buyers who are currently struggling to find a house are likely to see improvement in the number of listings available to them as more sellers list their houses for the spring buying season.

Our inventory is currently 61% lower compared to last year, and we had 97% more closed sales compared to the same month in 2020. There were 82 new listings coming up on the market this month. However, our inventory still remains at an all time low, because buyer's demand is extremely high and most homes are going pending as soon as they hit the market. The median sales price is up 33% from last year's.

If you are a homeowner thinking about selling your home this year, this is a good time to put your home on the market. If you'd like to have an idea of how much your home is currently worth, click here for an instant automatic valuation.

Stats Summary 

April 2021

$650k

Median Price

82

New Listings

65

Homes Sold

72

Avg Days on Mkt

Stats Comparison from a Year Ago

South Lake Tahoe CA

  • Median Sales Price - April 2021
    $650,000
  • Median Sales Price - April 2020
    $490,000
  • Number of Homes Sold - April 2021
    65
  • Number of Homes Sold - April 2020
    33
  • New Listings - April 2021
    82
  • New Listings - April 2020
    40
  • Total Number of Homes on the Market - April 2021
    69
  • Total Number of Homes on the Market - April 2020
    176
  • Number of Homes Under Contract - April 2021
    67
  • Number of Homes Under Contract - April 2020
    21
  • Average Days on the Market - April 2021
    72
  • Average Days on the Market - April 2020
    122
  • Number of Foreclosure Homes on The Market - April 2021
    0
  • Number of Foreclosure Homes on The Market - April 2020
    1
  • Number of Short Sale Homes on The Market - April 2021
    0
  • Number of Short Sale Homes on The Market - April 2020
    0

This Month’s Must See Home for Sale

The choice for April's must-see home of the month is 2497 William Ave. This property was built in 1957 and it features 3 Bedrooms / 2 Bathrooms / 1,088 Sq Ft / 1 Car Garage. Charming craftsman style home located in Midtown South Lake Tahoe. This Tahoe cabin has the style you're looking for with open wood beams, vaulted ceilings upstairs, knotty pine trim, and custom wood accents throughout. The living room has a river rock fireplace, floating wood shelves, custom log mantel, and new LVP flooring. The kitchen has granite tile counters and hard wood cabinets. Both bathrooms are updated with Travertine tile and newer vanities. Other features include a new Stone-Coated Metal Roof and an oversized 1 car garage with pull through doors. The fully fenced backyard is super cute with a variety of deciduous plant life, various patio options, bridges, a decorative well, and a pathway leading to the geodesic shed. 

 

This Month’s Most Expensive Home for Sale

The most expensive new listing that entered the market this month was 950 Balbijou Rd, listed at $5,950,000. This home was built in 2015 and it features 4 Bedrooms / 3.5 Bathrooms / 4,704 Sq Ft / 2 Car Garage. Situated in the heart of South Shore, this exquisite lakefront property is a perfect blend of mountain modern and serene relaxation. Recently built in 2015, the house is equipped with modern appliances, contemporary design, and expansive windows that perfectly capture Tahoe's renowned sunsets. The open floor plan lends itself to large gatherings, luxe hosting, and comfortable living. A level sandy beach and two buoys makes this property a true private lake experience. Downstairs, the grand hallway leads to all four bedrooms, each with its own unique charm. The master bedroom overlooks the distinct turquoise water of the lake perfectly rounds out the elegance of this home. 

This Month’s Least Expensive Home for Sale

The least expensive new listing that entered the market this month was 1046 Ham Ln, listed at $349,000. This property was built in 1928 and it features 1 Bedroom / 1 Bathroom / 604 Sq Ft. Centrally located, close to restaurants, brewery's, shopping, grocery stores, hiking/bike trails, the lake and other amenities. Just a short drive to Heavenly Ski Resort. Imagine spending the summer afternoons sitting out on the back deck and taking in the fresh mountain air. 

 


Search Homes for Sale

See a list of all the properties that are currently for sale in South Lake Tahoe

Search Now

What's My Home Worth?

Find out what your home is worth in today's market by requesting a home value report

My Home's Value
We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info