When comparing the first quarter of 2021 to the same time last year, we see that the median and average sale price, average dollar per square foot and list to sale price ratio all increased significantly for the Meyers neighborhood in South Lake Tahoe. The average days of the market decreased and in this seller’s market, the inventory of homes went down as well.
| Country Club Estates | 2020 | 2021 |
|---|---|---|
| Number of Sales | 7 | 5 |
| Median Sale Price | $319,000 | $710,000 |
| Average Sale Price | $422,129 | $759,800 |
| Average List to Sale Ratio | 94.7% | 100.3% |
| Median Dollar Per Square Foot | $154 | $68 |
| Days on the Market | 154 | 68 |
| Month Supply | 2.9 | 1.5 |
The post Meyers 2021 1st Quarter Market Comparison Report appeared first on Lake Tahoe Real Estate | South Lake Tahoe Real Estate Experts - Don & Theresa Souers.