"Robert helped us to find a vacation home in South Lake Tahoe. He was very patient, and eventually we found the house we like very much. All the way through the escrow Robert kept us informed and made sure that escrow closed on time. Even after the closing Robert was very helpfull and was there for us when we needed him. When our heater broke down and insurance company was taking long time to find a spare part for it, Robert wrote a letter to the insurance company and they paid for a room heater (the temperature was around 23F at night) to keep us worm. I highly recomend Robert Stiles." Olga T.
BLOG CENTRAL STATISTICS IN MOTION
UPDATE: Tuesday, 04/01/2014
117 - Single Family Sales in last 90 days. 4 are REO and 11 are Short Sale.
12 - Two to Four Family Sales in last 90 days. 1 is REO and 0 are Short Sale.
UPDATE: Saturday, 03/01/2014
102 - Single Family Sales in last 90 days. 8 are REO and 12 are Short Sale.
14 - Two to Four Family Sales in last 90 days. 2 are REO and 0 are Short Sale.
UPDATE: Saturday, 02/01/2014
120 - Single Family Sales in last 90 days. 6 are REO and 14 are Short Sale.
13 - Two to Four Family Sales in last 90 days. 2 are REO and 0 are Short Sale.
UPDATE: Wednesday, 01/01/2014
148 - Single Family Sales in last 90 days. 10 are REO and 9 are Short Sale.
15 - Two to Four Family Sales in last 90 days. 3 are REO and 0 are Short Sale.
Thereare currently 210 listings of which 69 are in escrow. The market is relatively stable. For the last few months I've noted approximately 12% of all sales have been REOs or short sales. Last month this figure was at 12.8%.
As of March 31st the median sales price for a single family residential home (per the South Tahoe Association of Realtors) had increased 28.5% from $260,000 a year ago to our current $334,000. We hit bottom in August 2012 at $234,000.
Statistics for some of our area neighborhoods: Gardner Mountain area has increased 19.6% in value from a year ago. Montgomery Estates has increased 20.4% while Y Area values are up 7.8% from a year ago. For those living in Tahoe Keys, market values are up 13.7% from where they were one year ago. For a look at your current neighborhood statistics click here.