In November there were 31 single family homes that were reported sold on the South Lake Tahoe MLS. The volume of sold single family homes was down 31% from 45 in October.
Out of the 31 houses sold in November 8 were bank owned foreclosures and 2 were reported as short sales. Foreclosures in South Lake Tahoe are still getting a lot of attention from buyers looking to score a good deal. 26% of the sold houses were foreclosures in November, compared to 20% in October.
The Statistics for the November single family home sales are as follows:
- Average Price per square foot $255.70
- Average List Price $474,674
- Average Sales Price $445,758
- Average Sales Price/List Price 93.91%
- Average Days on Market 178
- Average square feet 1,766
For more information regarding houses for sale in South Lake Tahoe, please contact Brent and Jill Johnson.
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