Our broker recently put out these third quarter sales stats for the Lake Tahoe areas.
The first chart breaks sold properties down by price band and area (Incline Village, East Shore, Truckee, Tahoe City, South Lake Tahoe, Sparks, Reno & Carson Valley). These are for single family homes sold during January 1 – September 30, 2009.
The second chart compares some of the real estate market numbers in 2008 vs. 2009. The first graph shows sales volume for each year and a 13% decrease from 2008 to 2009 for home sales. The second graph shows the median & average price for single family homes and condos in 20o8 and 2009. The third graph shows units sold in each year and we see an increase in the number of homes sold under $1 million.
Click on the images below for enlarged versions of these graphs…