South Lake Tahoe MLS Statistics

South Lake Tahoe Home buyers looking for properties priced under $300,000 are finding that there is not much to choose from. Currently there are only 11 single family 3 bedroom, 2 bath, 2 car garage homes priced under $300,000 on the South Lake Tahoe MLS. There are 78 total single family listings under $300,000 including properties with less than 3 bedrooms, 2 bathrooms, and without garages.

The following statistics are for residential (single family and Condo/Townhouses) located in the City and County areas on the South Lake Tahoe MLS:

• Total listings: 416
• Active listings: 250
• Listings in Escrow: 166

The 166 listings that are in escrow represent 39.9% of the total single family inventory in South Lake Tahoe.

Breakdown by price range of the 166 escrows:

• Under $200,000    56 properties  33.7% of the inventory in escrow is under $200,000
• $201-$300,000     47 properties  62% of the inventory in escrow is under $300,000
• $301-$400,000     29 properties  79.5% of the inventory in escrow is under $400,000
• $401-$500,000     16 properties
• $501-$600,000       7 properties
• $601-$700,000       3 properties
• $701-$800,000       1 property
• $801-$999,000       3 properties
• Over 1 Million           4 properties

So far this year there have been 207 single family properties sold on the South Lake Tahoe MLS. Out of the 207 sales, 84 were bank owned foreclosures (40.5%) and 36 were short sales (17.4%).