We are continuing to see a positive upswing for the Lake Tahoe Real Estate! The mid year stats for 2011 have just come in.

This graph shows numbers for the Lake Tahoe real estate market for the first half of the year in 2011 compared to 2010. There was a 9% decrease in sales volume this year compared to last. Also, a 4% decrease in number of units sold. The median price for single family homes increased by 2% and the median price increased by 2%.

Here is a press release with more information about the Lake Tahoe Real Estate Market:

Tahoe Home Prices See Slight Increase

LAKE TAHOE, Nev. (July 6, 2011) – Median home prices in Lake Tahoe stayed relatively flat throughout Lake Tahoe, with substantial increases in East Shore prices, according to a midyear report released by Lake Tahoe-based Chase International.

The median price of a single-family home in Lake Tahoe is up two percent to $540,375 and the average price is up nine percent to $962,705. Those numbers were boosted by a 20 percent increase in median home price on the East Shore ($625,500) and a 67 percent increase in average price ($1,565,642). The report compares home prices and sales from January 1 through June 30, 2011 to the same time period of 2010. Overall sales volume in Lake Tahoe was down nine percent and units sold dipped four percent.

“We had some strong sales and increases the first quarter but saw a decline in the second quarter of this year,” said Sue Lowe, corporate vice president for Chase International. “I think we are still bouncing around the bottom of the market.”

Tahoe City saw a three percent increase in median home price ($475,000) and a 15 percent drop in average price ($681,634), caused mostly by a seven percent boost in sales of homes over a million and a 27 percent drop in homes sold for less than a million.

Average and median prices were down in both South Shore (ten and 12 percent, respectively) and Incline Village (11 and five percent). Sales of million-dollar homes were down in all areas of Lake Tahoe, except the East Shore, which experienced a 71 percent jump in sales of more $1 million.

Condo sales around the lake were up nine (volume) and 13 (units) percent, with Incline Village seeing the biggest jump in units selling for more than $500,000. Tahoe City experienced a 136 percent increase in units sold for less than $500,000.

The average price of a home in Truckee is down 13 percent to $534,313 and the median is down 14 percent to $433,000. Sales volume was down nine percent but units sold was up four percent, reflecting a nine percent increase in homes sold for less than a million and a 33 percent decline in homes sold for more than a million.

Click on the image below to see more information about Lake Tahoe & Truckee sales stats.

The Lake Tahoe Real Estate market is seeing some positive upswings in its numbers! We have just received the first quarter sales stats for the area.

The first chart shows numbers for the Lake Tahoe real estate market for the first quarter in 2011 compared to 2010. There was a 23% increase in sales volume this year compared to last. Also, a 6% increase in number of units sold. The median price for single family homes increased by 11% and the median price increased by 15%. Overall, numbers have improved from last year!

The second chart shows real estate numbers for Truckee for the first quarter of 2010 and 2011. Sales volume for single family homes decreased by 11% and the number of units sold increased by 11%. The median price of single family homes decreased by 14% and the median price decreased by 20%.

Click on the images below to see more information about Lake Tahoe & Truckee sales stats and price banding charts for all areas.

The 2010 Lake Tahoe and Truckee real estate stats have just come out! Overall, the market numbers are looking good for the Tahoe Basin!

The charts below compare year end stats in 2010 with 2009. The first graph shows sales stats for Lake Tahoe. Lake Tahoe saw an increase in sales volume and units sold for single family homes in 2010. Condo sales also saw an increase in units sold and sales volume for 2010. The median home sale price decreased in 2010 for both single family homes and condos.

The second chart shows sales information for Truckee. Sales volume and the number of units sold for single family homes increased or stayed the same in 2010. Condo sales increased in both areas for 2010. The average sale price for single family homes and condos increased in 2010. The median price of single family homes and condos decreased from 2009 to 2010. The average sale price for single family homes decreased and the condo sales price stayed the same.

The third chart shows the sales for 2010 in each area. Each area had the most activity with sales in the lesser price ranges.

Click on the images below to see more information about Lake Tahoe & Truckee sales stats and price banding charts for all areas.

August 7, 2010
10:00 AM – 4:00 PM

Would you like to see some exceptional new homes in Lake Tahoe’s newest, most exciting development? Spend the day exploring six remarkable one-of-a-kind custom homes at Martis Camp!

The 2010 Martis Camp Home Tour is presented by Tahoe Truckee Excellence in Education Foundation in partnership with the Tahoe Sierra Board of Realtors. Proceeds benefit quality public education within the Tahoe Truckee Unified School District.

Location: Martis Camp

For more, information visit www.exined.org or call (530) 550-7984.

Cost: Tickets can be purchased in advance for $35 at Dickson Realty, Coldwell Banker, Keller Williams, Prudential Realty and Tahoe Mountain Resorts. Tickets purchased at the door on the day of the event are $40.

The 2010 second quarter stats have just arrived! The graphs show mid year Lake Tahoe & Truckee real estate stats for 2010 (January 1-June 30).

This first graph below shows sales volume in 2009 compared to 2010. There has been a 47% increase in homes sales this year compared to last year. Condo sales have seen 100% increase in sales volume this year. The second graph compares the number of units sold. Home sales saw a 42% increase and condo sales saw 100% increase in 2010. The third graph shows the median and average price for home sales. The median price for home sales decreased 1% in 2010 and average price increased by 2%. The median price for condos decreased by 10% and the average price increased by 4%.

Click on the images below for enlarged versions of the graphs.

We have just received the 1st quarter stats for 2010. The graphs compare real estate numbers for the first quarter of 2009 and many numbers are up so far in 2010.

This first graph below compares sales in the first quarter of 2009 to 2010 and breaks them down by sales volume, median & average price, and units sold. Sales volume for single family homes increased by 22% this year and condo sales increased by 174%. The median & average sales prices decreased in 2010 for both single family homes and condos. The units sold increased for both homes and condos in 2010.

The second graph breaks down the sales by price banding and by area and includes Incline Village, East Shore Lake Tahoe, Truckee, Tahoe City, South Lake Tahoe, Sparks, Reno & Carson Valley.

Click on the images below for enlarged versions of the graphs.

The year end real estate stats for the Truckee and Lake Tahoe area are in. This first graph below compares sales in 2008 to 2009 and breaks them down by sales volume, median & average price, and units sold. The second graph breaks down the sales by price banding and by area and includes Incline Village, East Shore Lake Tahoe, Truckee, Tahoe City, South Lake Tahoe, Sparks, Reno & Carson Valley.

Click on the images below for enlarged versions of the graphs.

The following graphs show some of the third quarter stats for the Truckee and Lake Tahoe area for 2009. The first graph compares sales in 2008 to 2009 and breaks them down by sales volume, median & average price, and units sold. The second graph breaks down the sales by price banding and by area. Click on the images below for enlarged versions of the graphs.

These graphs show some of the mid year stats for the Truckee and Lake Tahoe area for 2009. The first graph compares sales in 2008 to 2009 and breaks them down by sales volume, median & average price, and units sold. The second graph breaks down the sales by price banding and by area. Click on the images below for enlarged versions of the graphs.