Here’s a quick update on some listing activity in the Tahoe Sierra MLS:
3 new ones in Agate Bay on the North Shore. It appears this neighborhood is getting hit by the economy – two of the new listings are short sales and one is an REO/foreclosure. Prices are from the $300k’s to $429k. Dollar Point has one re-listed property for $899,000 (this was listed $1.495m at one point).
Also, a big lakefront hit the market with a new price this month – $10,487,500. This represents a substantial drop from its initial offering which was $14,950,000.
This data is from the Tahoe Sierra MLS and these are not my listings.