South Lake Tahoe Single Family Residence Median Home Price on the Rise?

The South Tahoe housing market seems to be showing signs that is solidly in a state of stabilization.  Since May 2012 the median sales price for single family homes has gone up and down slightly, with an overall trend upward.  This has coincided with with low inventory and a steady and strong sales volume.

Single Family Residence Median Sales Price

Jan-12 $250,000

Feb-12 $246,500

Mar-12 $242,450

Apr-12 $237,250

May-12 $238,668

Jun-12 $235,000

Jul-12 $236,500

Aug-12 $234,000

Sep-12 $237,500

Oct-12 $239,450

Provided by the South Tahoe Association of Realtors:  www.staor.org

CLICK HERE FOR DETAILED STATISTICS AND MARKET HISTORY

Will this trend continue?  As usual, Deb Howard and Company will be keeping a close eye on the market as 2012 comes to an end.  Keep an eye out for Deb’s 2013 Tahoe Real Estate Forecast.  For more specific information on Tahoe housing values please contact deb@realtordeb.com

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