Dec 2016 Market Update

 

The single family median home price in the South Shore has seen fairly aggressive appreciation in 2017, especially towards the later half of the year with appreciation rates ranging from about 10%-15%.  This time last year our median single family home price was $369,000.  The median single family home price is now $420,000.  Overall inventory is slightly down from this time last year with 185 active single family listings compared to 206 active single family listings.  The bottom line, there are less homes on the market for buyers to choose from yet still a demand resulting in rising home prices and continued appreciation. Check out the links below for the actual stats and reports from the South Tahoe Association of Realtors.   Then contact me for a complimentary market analysis to see what your Tahoe property is currently worth!

http://www.staor.org/wp-content/uploads/2017/01/SFMA.ByArea.Dec2016.pdf  -Single Family Median Prices by Area

http://www.staor.org/wp-content/uploads/2017/01/SFMA-MedSoldDec2016.pdf  -Single Family Median Prices Month by Month

http://www.staor.org/wp-content/uploads/2017/01/SF.Actives.Dec2016.pdf  -Single Family Active Listings

http://www.staor.org/wp-content/uploads/2017/01/CondoMA.Dec2016.pdf – Condo Median Prices Month by Month

http://www.staor.org/wp-content/uploads/2017/01/CondoActive.Dec2016.pdf Condo Active Listings

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