Buying and selling South Lake Tahoe luxury homes for sale does not have the same process as average priced homes for sale in South Lake Tahoe. A seller wants to highlight the key features that make their home stand out while the discerning buyer wants to find the property that matches their criteria. As a South Lake Tahoe Realtor who specializes in helping luxury buyers and sellers, knowing what is happening in this high-end market is necessary for both parties. As is having someone who is well versed in navigating this exclusive type of real estate. Below is a brief snapshot of South Lake Tahoe luxury homes for sale that are priced at a million or over. Quick note, this is for the California side of the South Shore and does not focus on one specific neighborhood. If you want to look in a certain area, the market analysis will likely differ.
The average sold price for South Lake Tahoe luxury homes for sale is currently at $3,382,613. This is up from the last time we looked. The median sold price for the luxury market is $1,598,500, which is also up from the last time we checked. The average percentage of list price is another important thing to know when negotiating offer prices. Your Luxury South Lake Tahoe Realtor can let you know what this is and further explain how this number benefits you. The amount of South Lake Tahoe luxury homes for sale is currently at 78. The amount of closed luxury homes for sale in South Lake Tahoe is at 21, 4 of which were my listings. The average sold price is $1,381,490 while the average price per square foot is $568.34. The average days on market is 82. For more information on luxury homes for sale in South Lake Tahoe, feel free to give me a call. I would be happy to help.