Days on market in October increased by 10% from this time last year. However the total number of sales in the 89448 zip code doubled from 6 last year to 13. The median price of those sales also increased from $641,500 to $800,000 but this last bit of information really only says that those with lower priced homes decided to sell last year while those with higher priced homes decided to sell this October. The important figure to note here is the increase in the average days on market. This typically means a slowdown in the market place however we’ll watch to see what occurs over the next few months. Please contact me if you have any questions or concerns or would just like to receive a free price analysis of your residence. Robert Stiles, REALTOR® CHASE INTERNATIONAL BS.1001136 NV 530-314-0352
South Lake Tahoe and Nevada East Shore Real Estate
