There were 3 condos sold on the East Shore in February this year compared to 2 sold February last year.  Total sales for the month were $1,055,000 this year vs. $587,000 in 2007.  We saw an increase in both the average and median prices.  The average price for sales in February increased from $293,500 to $351,666 […]

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There is plenty of entertainment scheduled for the month of March as evidenced by this list of shows scheduled for The South Shore Room at Harrah’s:
                   March  7         Huey Lewis and The News
                   March 8          Jonny Lang
                   March 15        Taj Mahal
                   March 22        Richard Lewis/Richard Belzer
                   March 29        Queensryche                         

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Like in January, it was not time consuming to research the MLS for February sales in the Genoa area.  Once again there was only one sale to close escrow this month for $729,000.  That brings the total for this year to two homes sold for total sales of $1,249,000.  That compares to just one sale for […]

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The Genoa market is obviously much smaller than that of the East Shore of the Lake.  It did not take a lot of research of this market to be able to report the sales.  There was only one sale in both January of 2007 and 2008.  The 2007 sale was for $600,000 and the 2008 sale was for […]

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Let me provide some quick inventory numbers.  Today there are 142 single family homes listed for sale on the East Shore.  Ranging in price from $395,000 to $100,000,000.  The latter of course being Tranquility listed by Shari Chase and Susan Lowe at Chase International.  Of the 142 listed, the average single family home listing price is […]

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Heavenly Mountain Resort recently announced that they had received a record 167 inches of snow in January.  This was the most snow received in any month since they began tracking snow fall in the 1975-76 season.  Because of this Heavenly announced that they have pushed the scheduled closing date back from April 20th to May […]

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As of February 14th (Happy Valentines Day) there are 39 single family homes listed for sale in the Genoa area.  The listing prices range from the lowest at $349,000 to the highest at $2,595,000.  The average and median prices are $1,000,676 and $799,900 respectively.  Based on the number of sales in 2007, which was 15, there is currently […]

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President’s Day Weekend starts this Friday and Lake Tahoe will be busy as usual with skiers enjoying the last three day holiday of the season.  Visitors and locals alike can enjoy some special entertainment this weekend.  Appearing at Harrah’s Lake Tahoe on Saturday, February 16 is Canadian rock singer, guitarist, and song writer Bryan Adams.  […]

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Like the East Shore of Lake Tahoe the single family home segment of the Genoa area experienced an increase in average price and median price in 2007 vs. 2006.  The average price increased 5.6% from $748,222 to $790,153 and the median price increased only .9% from $721,000 to $727,000.  However, unlike the Lake both the number […]

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Not all of the news regarding real estate sales at Lake Tahoe is bad.  In fact, on the East Shore we experienced increases in total sales volume, median price, and average price for single family homes in 2007 vs. 2006.  Single family home sales volume rose 4% from $154,620,650 to $161,304,237, the median price rose […]

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