Neighborhood home prices vary | TahoeDailyTribune.com

Neighborhood home prices vary

Susan Wood

Editor’s note: The following provides a view of South Lake Tahoe property values from one neighborhood to the next. A story in Thursday’s Tahoe Daily Tribune reported a recent cooling in the real estate market over the last couple of months, while coming off a 26 percent increase in the single family homes sold from 2004 to 2005.

— Median listing price of a single family home: $549,450 (as of March 8, 2006)

— Average days on the market: 94

— Total listings: 273

— Median price of homes sold in 2005: $475,000 (up 26 percent from prior year)

Median listings:

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— Al Tahoe: $484,500

— Bijou: $459,000

— Black Bart: $444,000

— Christmas Valley: $489,925

— Elks Club: $899,000

— Gardner Mountain: $422,000

— Heavenly Valley: $1.3 million

–n Highland Woods: $567,450

— Meyers: $611,900

— Montgomery Estates: $729,000

— North Upper Truckee: $537,000

— Sierra Tract: $395,000

— Stateline: $389,999

— Tahoe Island Drive: $429,000

— Tahoe Island Park: $498,500

— Tahoe Keys: $1.2 million

— Tahoe Paradise: $599,000

— “Y” Area: $449,500