Typical for this time of year we are seeing a trickle of new listings enter the market. Dollar Point and Olympic / Tahoe Sierra Estates are two wonderful lakefront neighborhoods with great amenities and lake access. Currently Dollar Point has 11 listings ranging from $550k to $2.9m (no lakefronts on the market); there is one property in escrow (listed at $945k); and there have been 3 sales so far this year. Tahoe Sierra Estates has 2 high-end listings on the market (one lakefront) and has had one sale in 2012 (listed by my company for 96% of asking with backup offer in place).
Click Here to View Pending and Sold 2012 Listings
Click here to see the first few pages of my Integrated Sales Strategy and please call or email to see the rest.
Here is a Comparative Market Analysis for the two neighborhoods:
| RESIDENTIAL Summary Statistics | ||||||
| High | Low | Average | Median | |||
| List Price: | $4,995,000 | $550,000 | $1,505,105 | $970,000 | ||
| Sold Price: | $2,950,000 | $695,000 | $1,265,847 | $709,194 | ||
| RESIDENTIAL – Active | ||||||
| ADDRESS | Price | Close Date | #Beds | Garage | DOM | List Price |
| 231 Observation Court | $550,000 | 5 | 0 | 21 | $550,000 | |
| 147 Roundridge Road | $699,000 | 4 | 1 | 23 | $699,000 | |
| 199 Marlette Drive | $725,000 | 4 | 2 | 341 | $725,000 | |
| 140 Skyland Way | $795,000 | 4 | 2 | 464 | $795,000 | |
| 15 Tahoma Avenue | $799,000 | 3 | 3 | 750 | $799,000 | |
| 65 Lassen Drive | $995,000 | 4 | 2 | 363 | $995,000 | |
| 20 Lassen Drive | $1,050,000 | 5 | 0 | 42 | $1,050,000 | |
| 202 Edgewood Drive | $1,150,000 | 4 | 0 | 233 | $1,150,000 | |
| 19 Lassen Drive | $1,650,000 | 5 | 0 | 376 | $1,650,000 | |
| 306 Edgecliff Way | $2,300,000 | 6 | 1 | 58 | $2,300,000 | |
| 691 Olympic Drive | $2,350,000 | 4 | 2 | 8 | $2,350,000 | |
| 35 Edgecliff Court | $2,995,000 | 4 | 2 | 392 | $2,995,000 | |
| 656 Olympic Drive | $4,995,000 | 4 | 2 | 18 | $4,995,000 | |
| Total Listings | Avg | Avg | ||||
| 13 | 237 | $1,619,461 | ||||
| RESIDENTIAL – Sold | ||||||
| ADDRESS | Price | Close Date | #Beds | Garage | DOM | List Price |
| 130 Roundridge Road | $695,000 | 1/26/2012 | 3 | Carpt | 3 | $695,000 |
| 155 Observation Drive | $700,888 | 2/2/2012 | 4 | 2 | 14 | $699,900 |
| 155 Bearing Drive | $717,500 | 3/2/2012 | 3 | 2 | 105 | $749,000 |
| 3328 Edgewater Drive | $2,950,000 | 3/16/2012 | 5 | 2 | 361 | $2,950,000 |
| Total Listings | Avg | Avg | ||||
| 4 | 120 | $1,273,475 | ||||
| RESIDENTIAL – Pending | ||||||
| ADDRESS | Price | Close Date | #Beds | Garage | DOM | List Price |
| 74 Tahoma Avenue | $945,000 | 5/11/2012 | 6 | 2 | 85 | $945,000 |
| Total Listings | Avg | Avg | ||||
| 1 | 85 | $945,000 | ||||