Tahoe Sales Summary, 2011 vs. 2010

December 31, 2011 • Ask a Question

I have compared sales data from this year and last year in the Tahoe Basin and the tables below show how things look. The bottom line: average sales prices in the Tahoe Basin are down 5% year over year. And the units sold were almost exactly the same with 2011 barely edging out the previous year.

First I took all raw data in all price ranges and you’ll see this in the first set of tables. The next set of tables stops at purchases over $4 million because a few high-priced sales can skew the numbers and create an unrealistic picture.

I am always happy to research specific neighborhoods or types of property so if you’d like, just ask and I’ll send whatever information you’re looking for.

 

ALL PRICE RANGES

2011 DATA
TOTAL SALES:
253
              DAYS ON MARKET: AVG: 115
MED: 69
LIST PRICE:
SOLD PRICE:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE
$7,100,000
$125,000
$760,697
$449,900
$192,456,470
$6,450,000
$120,000
$706,483
$430,000
$178,740,318

 

 2010 Data
TOTAL SALES:
250
              DAYS ON MARKET:
AVG: 120
MED: 73
LIST PRICE:
SOLD PRICE:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE
$16,600,000
$119,000
$1,007,453
$474,950
$251,863,280
$12,400,000
$110,000
$906,291
$445,750
$226,572,917

 

UP TO $4 MILLION

2011 Data
TOTAL SALES:
250
                 DAYS ON MARKET:
AVG: 116
 MED: 69
LIST PRICE:
SOLD PRICE:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE
$3,800,000
$125,000
$669,565
$449,000
$167,391,470
$3,750,000
$120,000
$622,561
$428,000
$155,640,318

 

2010 DATA
TOTAL SALES:
241
                  DAYS ON MARKET:
AVG: 122
 MED: 74
LIST PRICE:
SOLD PRICE:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE
$5,100,000
$119,000
$723,835
$469,000
$174,444,260
$4,000,000
$110,000
$654,082
$441,000
$157,633,897
Filed Under: The Buyers' Blog

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