Tahoe panoramic lakeview properties had a pretty good year in 2011 but it sales weren’t gangbusters. In some of the premier neighborhoods lakeview sales were surprisingly slow (or non-existent as in the case of Dollar Point). Below, I have put two charts showing the numbers on what’s available now plus last year’s sales. There are also links to properties of interest.
One listing caught my attention because it was a high-end home listed for top dollar and just went into escrow. This is above the Sunnyside, or Tahoe Park, neighborhood on the way up to Talmont. There are a few other options on the market but they were obviously bypassed by these buyers. My company has an incredible panoramic luxury home in Dollar Point which is priced slightly higher than the one in escrow (list price = $3.1m; ours is listed at $3.5m). Ours has had some good showings since the holidays but as of yet no offers.
Here are the number’s for available lakeview homes and condos for sale:
| TOTAL | HIGH | LOW | AVG | MED | ||
| LISTING COUNT: | 11 | DAYS ON MARKET: | 602 | 30 | 221 | 183 |
| HIGH | LOW | AVERAGE | MEDIAN | TOTAL PRICE | ||
| LIST PRICE: | $3,500,000 | $650,000 | $1,957,727 | $1,995,000 | $21,535,000 |
Here are the numbers on last year’s panoramic lakeview property sales:
| TOTAL | HIGH | LOW | AVG | MED | ||
| LISTING COUNT: | 11 | DAYS ON MARKET: | 541 | 4 | 156 | 159 |
| HIGH | LOW | AVERAGE | MEDIAN | TOTAL PRICE | ||
| LIST PRICE: | $1,999,999 | $179,900 | $966,799 | $899,000 | $10,634,799 | |
| SOLD PRICE: | $1,925,000 | $200,000 | $881,045 | $842,500 | $9,691,500 |
Link to Current Lakeview Properties for Sale
Link to our listing in Dollar Point, 9 Tahoma Way