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, December 2020

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...

Jan 2 4 minutes read

The market is still very competitive and inventory has hit an all time low. If a home is priced well, it could go pending within a few days and sometimes with multiple offers. We should continue to see a decrease in inventory as we head into the Winter months.

Our inventory is currently 65.5% lower compared to last year, and we had 37% more closed sales compared to the same month in 2019. 

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 

December 2020

$575k

Median Price

41

New Listings

85

Homes Sold

48

Avg Days on Mkt

Stats Comparison from a Year Ago

South Lake Tahoe CA

  • Median Sales Price - December 2020
    $575,000
  • Median Sales Price - December 2019
    $442,000
  • Number of Homes Sold - December 2020
    85
  • Number of Homes Sold - December 2019
    64
  • New Listings - December 2020
    41
  • New Listings - December 2019
    33
  • Total Number of Homes on the Market - December 2020
    67
  • Total Number of Homes on the Market - December 2019
    194
  • Number of Homes Under Contract - December 2020
    62
  • Number of Homes Under Contract - December 2019
    26
  • Average Days on the Market - December 2020
    48
  • Average Days on the Market - December 2019
    110
  • Number of Foreclosure Homes on The Market - December 2020
    1
  • Number of Foreclosure Homes on The Market - December 2019
    1
  • Number of Short Sale Homes on The Market - December 2020
    0
  • Number of Short Sale Homes on The Market - December 2019
    0

This Month’s Must See Home for Sale

The choice for December's must-see home of the month is 3727 Birch Ave. This property was built in 1940 and it features 2 Bedrooms / 1 Bathroom / 869 Sq Ft. When you first arrive home, you'll enter the cabin through the mud room, which then leads to the warm and relaxing living room. The living room features beautiful laminate flooring and long with a charming freestanding gas fireplace. On the first floor is where the kitchen, one bedroom, and one bathroom are located. The cabin also sits on a 5,009sqft lot that is completely fenced in, creating a private sitting for you when you've finished your day skiing on Heavenly and want to take a hot tub in peace. This cabin is perfectly located right off Ski Run Blvd and has fast access to both Heavenly Mountain and the Ski Run Mariana. 

 

This Month’s Most Expensive Home for Sale

The most expensive new listing that entered the market this month was 259 Beach Dr, listed at $9,495,000. This home was built in 1984 and it features 6 Bedrooms / 7 Bathrooms / 6,492 Sq Ft / 4 Car Garage. Extraordinary Estate on the Shore of Lake Tahoe! One of only a few exclusive and expansive properties with amazing lake frontage, this opportunity is rare. Almost 6,500 square feet of total living space with a desirable downstairs living floor plan, this impressive lakefront home offers 6 bedrooms, 7 full baths, bunk room, and a 4 car garage. This property presents an unparalleled opportunity to have it all - wide open indoor and outdoor living space, prime lakefront access with 160 feet of sandy beach, boat dock with private boat slip, and stunning views of Lake Tahoe and the Sierra Nevada mountains. The profoundly spacious residence combined with over a half acre of outdoor living under the sun and in the sand is an ideal family gathering destination. 


This Month’s Least Expensive Home for Sale

The least expensive new listing that entered the market this month was 3608 Terry Ln #30, listed at $250,000. This property was built in 1965 and it features 2 Bedrooms / 1 Bathroom / 896 Sq Ft. ONE of the FEW in complex with Laundry in unit. Homeowner fees INCLUDE: Cable TV, private fenced pool & patio area, hot water baseboard heating (healthy! puts moisture into the air), hot & cold water, exterior maintenance, ROOF maintenance, refuse service, and snow removal. There is also an onsite laundry room for use of homeowners, but this one is unique with a full size washer and dryer in the kitchen . UPSTAIRS overlooking the pool and patio area.

 

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