89448 Update for October 2019

REAL ESTATE UPDATE LAKE TAHOE

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

Sierra Colina

sierra colina

Sierra Colina is a planned unit development community offering 44 residences on an 18 acre site located less than a mile from the Heavenly Gondola and the south shore of Lake Tahoe. Located next door to Lake Village, Phase One includes 10 units which should be available soon for purchase with their least expensive model, the Meadow starting at $1,500,000. It includes 3 bedrooms, 2 full baths, 2 half baths and a 2 car garage. The model is approximately 2193 SF in size. For additional details or floor plans contact Robert Stiles. Thank you.