Lets look at what has been sold in the North Lake Tahoe area from Incline Stateline to Tahoe City at the Y and down West shore for homes $500,000 and below, If you do not know these areas you probably just want to call our office – 530-546-8224
According to the MLS the Single Family homes that were sold in the last 6 months totaled to 59. In the previous year 2011, there were 43 homes sold. This is an increase of 37 %.
There has been a 37% increase in sales for single family homes, under $500,000 when you compare the last 3 months to the same time period last year in 2011
The increase in sales is connected to the all time low interest rates we talk and hear about all day. Yet I believe that all of the unfortunate distressed properties and their bottom bargain prices for the rich deals being awarded is significant.
Please contact my team for more information for your property and to learn more about buying and selling your home with Century 21. Kelly Smith / 530-546-8224 / firstname.lastname@example.org
*Above information is based on the Tahoe Sierra Board of Realtors MLS. These statistics are deemed reliable but not guaranteed These sales do not include the sales outside of the MLS – Sierra Board of Realtors