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September South Tahoe Real Estate Statistics

There are currently 352 total single family and condo listings on the South Lake Tahoe MLS in the city and county areas of Lake Tahoe. Out of the 352 listings, 95 are currently in escrow and 257 are still active. The distress sale inventory on the South Lake Tahoe MLS is as at the lowest levels that it has been in years. There are only 10 foreclosure listings on the mls and only 3 of the foreclosures are in escrow. There are 21 short sale listings, 16 of the short sale listings are in escrow and 5 are still active.

Although the the median sales price of the single family homes was up 31.4% in September, the number if properties that were sold was down. There were 65 single family homes that were sold in September, down from 86 sales in August and down from 83 sales in September, 2012.

Statistics for the South Lake Tahoe MLS- September, 2013

There were 65 single family homes and condos reported as sold on the South Lake Tahoe MLS in September, down from 86 sales in August and down from 83 sales in September, 2012.
The median sales price in September was $312,000, up from $309,000 in August and up from $237,500 (31.4%) in September, 2012.
The average sales price was $375,436, down from $388.076 in August and up from $297,944 in September, 2012.
The average price per square foot was $235, down from $239 in August and up from $182 in September, 2012.
The average days on the market was 75 and the median days on the market was 60 days.

Just about every area in South Lake Tahoe has experianced an increase in the median sales price this year Below is the median sales prices by area as of 9/30/2013.

Median Sold Prices by Area

Al Tahoe- $273,500, up 32.1% this year
Bijou- $260,000, up 30%
Bijou 2- $257,500, up 26.2%
Black Bart- $229,500, down 2.3%
Christmas Valley 1- $273,500, up 15.2%
Christmas Valley 2- $295,000, up 10.1%
Echo View Estates- $458,000, up 14.8%
Country Club Estates- $382,500, up 19.6%
Gardner Mountain- $268,000, up 34%
Heavenly Valley- $355,000, up 9.2%
Highland Woods- $323,500, up 2.7%
Highland Woods PUD- $175,000, up 4.2%
Meyers- $260,000, up 37.2%
Montgomery Estates- $393,500, up 4.9%
North Upper Truckee 1- $346,000, up 54.5%
North Upper Truckee 2- $475,000, up 33.8%
Pioneer Trail- $320,000, up 34.5%
Pioneer Village- $261,000, up 49.8%
Sierra Tract- $205,000, up 45.5%
Sky Meadows- $210,500, up 33.9%
Stateline- $245,000, up 63.9%
Tahoe Island Drive- $235,000, up 14.6%
Tahoe Island Park- $311,000, up 35.2%
Tahoe Keys- $650,000, up 10.2%
Tahoe Paradise- $330,000, up 23.6%
Y Area- $219,000, up 24.8%

For more informaiton on the South Lake Tahoe Real Estate market please call Brent Johnson at (530) 416-2625 today!

Winterizing Your Property in Lake Tahoe

Investing in Real Estate in South Lake Tahoe is a great way to own a slice of heaven and can be very affordable compared to land ownership in other resort areas. One thing to keep in mind when owning a property here at the lake is that we can experience extreme winter conditions. Most properties in Lake Tahoe were built to withstand the harsh winter climate, but a little winter preparation will go a long ways. Winterizing your home will help to prevent winter problems and will make it easier to get your yard ready for fun in the spring!

1. Put the toys away! Make sure that your patio furniture, trampolines, and any yard supplies or decorations are packed up and stored in the garage or covered up and stored where they will not be damaged. The weight of the snow and the elements can be very hard on your toys! Also make sure that all water hoses are disconnected, drained, and put away.

2. Clean up the yard! I like to rake up the lawn, pick up any doggy messes, and trim back any perennial plants. I may even run the lawn mower over my lawn to make raking up in the spring a little easier. I will put down winterizing fertilizer and vole repellant on the grass but I still seem to get some vole damage no matter what I do.

3. Winterize the sprinklers! If you have a separate irrigation water supply valve, make sure that it is turned off. I also like to disconnect each zone valve, turn off the timer, and blow out the sprinkler lines with an air compressor. It may be a good idea to hire a landscaping company to do this for you if you do not have an air compressor.

4. Check the roof! Pine needles blow off the trees by the bag full in the fall. Pine needles will build up in the roof valleys and in your gutters trapping the water on the roof and in the gutters. Standing water will potentially damage the roof and can even cause leaks. Sweep off the pine needles and leaves from your roof and clean out gutters if you have them. It is also a good idea to check to make sure that if you have heat tape it is working and that it is in good condition. If you are not comfortable climbing up onto your roof or if you have a two story home it is a good idea to hire roofing contractor to clear and inspect your roof for you.

5. Service your furnace! You should have your furnace, heater, or boiler serviced once a year to help prevent any cold nights without heat and to make sure that your furnace lasts for years to come. At a minimum you should change any filters and inspect the furnace for any visible damage or strange noises.

6. Clean the Chimney! If you have a wood burning fireplace or stove you should have the chimney cleaned and inspected to prevent any chimney fires. If you have a gas fireplace, make sure that the exterior vents are clean and clear. These vents make great places for bird nests and can be a real hazard when you go to warm up by the fire!

8. Seal your house! Check to make sure that all of your window seals, door seals, and other exterior penetrations are sealed tightly. Door shoes can wear out and if you see daylight it is time for a new one! I like to close my foundation vents in November but it is very important to make sure that they are opened up in the spring to prevent any moisture/fungus problems.

9. Check your pipes! Make sure that any exposed pipes are insulated. You can purchase some foam insulation or even wrap pipes with heat tape if there are any problem pipes. Most newer homes have non-freeze hose bibs, but it is a good idea to buy foam covers for older exposed hose bibs.

10. Keep your thermostat on! I would recommend that you leave your thermostat on to at least 55 degrees to prevent any frozen pipes, appliances, or toilets. If you plan on turning your heat off for the winter, make sure that you hire a plumber to winterize your water system. If you winterize the water system the water needs to be turned off, the water heater needs to be off and drained, toilets and traps need to have RV antifreeze poured in them, and the dishwasher and washing machine need to be disconnected and drained.

There are now some great ways to keep an eye on your second home remotely. You can have a security install an alarm system with a low temperature alarm and motion cameras or you cannow install them yourself. There are low temperature/freeze alarms that you can purchase and that will send you a text or call you if the temperature drops to a certain level or if the power goes out at your house. There are also remote cameras that you can monitor that run off of a Wi-Fi signal.

If you would like more information about winterizing your home please call South Lake Tahoe real estate agent Brent Johnson at (530) 416-2625 today!

New Super-Sized Listing in Carson City Nevada!

3519 Silverado Drive

Offered at $399,000

Reduced to $329,000!

This spacious home offers panoramic Mountain and Valley views and is priced to sell! The upstairs family room is great for entertaining and overlooks the Carson Valley. The downstairs family room is super-sized and could be used as a game room or kids play area. The master suite offers a jetted tub, dual sinks, and a large walk in closet. Keep toasty by the two gas fireplaces this winter! Located at the end of a quiet Cul-de-Sac on a sunny low maintenance lot close to shopping and just 15 minutes from Lake Tahoe. This home is a must see!

Click Here for the Virutal Tour

Great Mountain and Valley Views
Three car garage and lots of parking
Bright sunny lot
Living area and Master Bedroom are on the entry level
Two gas fireplaces
4 bedroooms and 4 bathrooms
3869 Square feet of living space

If you would like to set up an appointment to see this property or have any further questions about the South Lake Tahoe Real Estate market or the Carson Valley Real Estate market please call Brent Johnson at (530) 416-2625 today!

South Lake Tahoe Real Estate Statistics for August 2013

The South Lake Tahoe MLS posted the largest increase of the median sales price of single family homes of the year. The median price rose from $234,000 in August of 2012 to $309,000 in August of 2013 which was a 32.1% increase. There were 86 single family homes and condos that were reported as sold in the city and county areas of the South Tahoe MLS which was also the highest number of sales for the year.

August South Tahoe Real Estate Statistics

There were 86 single family homes and condos sold on the South Lake Tahoe MLS in August, up from 76 sales in July.
The median sales price was $309,000, up from $292,000 in July and up from $234,000 in August 2012.
The average sales price was $388,067, up from $352,402 in July and up from $294,090 in August 2012.
The average price per square foot was $239, up from $218 in July and up from $188 in August 2012.
The average days on the market was 115 days and the median days on the market is 70 days.

Distress sales were again down for the month with only 3 bank owned foreclosure sales and 4 short sales closing escrow. In August 2012 there were 19 bank owned foreclosures and 6 short sales that were sold.

The inventory of single family homes and condos on the South Lake Tahoe MLS only decreased slightly over the last 30 days. There are now 363 listings on the mls, 263 of the properties are active and 100 are in escrow. There are 18 short sale listings, 16 are in ecrow and only 2 are active. There are only 11 bank owned listings, 4 of the foreclosures are in escrow and 7 are active.

For more information on the status of the South Lake Tahoe Real Estate market please give Brent Johnson a call at (530) 416-2625 today!

Newer Home for Sale in South Tahoe!

2170 Cornelian Drive

Reduced to $459,000!!!

2170 Cornelian Virtual Tour

Like new mountain contemporary style home with views! There are 3 bedrooms, 2.5 bathrooms, and a 2 car garage in this 2286 square foot home. This bright home has an open floor plan with an abundance of natural sunlight. Some of the custom features include vaulted ceilings, custom Hunter Douglas window shades, granite slab counters, gas fireplace, and extensive use of natural slate flooring. Rich pine cabinetry, a gas cook top, and a walk in pantry in the kitchen are perfect for the cook in the family. The spacious Master suite is located on the main living level and features two walk-in closets and Master bath with a jetted spa tub and separate shower. There are two guest bedrooms, one with its own private deck. There is a family room downstairs great for kids and entertaining along with a spacious laundry room. Backing US Forest Service land and Lake Valley Fire District land, this warm and inviting home is sure to suit the most discriminating taste! Some Furnishings are included with this sale.

Recessed Lighting
Mountain Views
Sunny Lot
Pine Cabinets and Trim
Granite Slab Counters
Jetted Tub
Much More!!!

If you would like more information about this property or would like to see the inside please call South Lake Tahoe Real Estate agent Brent Johnson at (530) 416-2625 today! This is one of the nicest newer homes for sale in South Lake Tahoe!!!

Great Starter Home For Sale in South Lake Tahoe!

2497 Fountain Ave.

Asking $259,000

Reduced to $239,000!

Great price for a clean 3 bedroom, 2 bath, 1 car garage home. This 1,108 square foot home has forced air heating, a fenced rear yard, and is located on a flat sunny lot. Some of the recent upgrades include a new roof, tile flooring, new rear sliding glass door, and a new fence. This home is a good opportunity to purchase an affordable 3 bedroom/2 bath home with a garage in Lake Tahoe! This house was previously a full time rental and would make a great investment property as well.