South Lake Tahoe, CA Housing Market & Real Estate

Buyer's market-11.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in South Lake Tahoe, CA is $700,000, down 11.1% year-over-year. Homes sell in an average of 74 days with 98 active listings. The market is currently a buyer's market.

$700,000median sale price

Homes sold

15

Last 12 weeks

Days on market

74

Average pace

Active listings

98

6.5 months supply

Sale-to-list

97.0%

Below asking

South Lake Tahoe, CA market data

Current housing market statistics for South Lake Tahoe, CA
MetricValue
Median sale price$700,000
Median list price$672,000
Year-over-year price change-11.1%
Average days on market74 days
Active inventory98 listings
Months of supply6.5 months
Sale-to-list price ratio97.0%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The South Lake Tahoe housing market is currently classified as a buyer's market with a median sale price of $700,000. Prices have fallen 11.1% compared to last year, with homes spending an average of 74 days on market, indicating 6.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in South Lake Tahoe

There are currently 98 homes listed for sale in South Lake Tahoe, California. The median listing price is $672K.

Active listings

98

Homes on market

Median list price

$672K

Avg. days on market

74

Days until sale

New this week

22

Newly listed

Price drops:19.4%of listings
Sale-to-list:97.0%

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Frequently asked questions

What is the average home price in South Lake Tahoe?

The median home sale price in South Lake Tahoe is $700,000, down 11.1% from last year.

How long do homes stay on market in South Lake Tahoe?

Homes typically spend 74 days on market before going under contract.

Is South Lake Tahoe a buyer's or seller's market?

With 6.5 months of supply, South Lake Tahoe is currently a buyer's market.

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