Property prices for sale in South Lake Tahoe (California)
The prices in real estate in South Lake Tahoe, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in South Lake Tahoe has fallen in the last 6 months. In July, the average price per sq.feet was $378. In the following month the price per sq.feet decreased to $359. The price for the following two months in (September, October) decreased 88 % with regard to the prior two months. The price per sq.feet has increased 107 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $346.25 to $371.5 during November, and December.
Based upon to the price in South Lake Tahoe (cities), this has fallen considerably in the last 6 months. The average price for July is $878,081. During August the price had a considerable reduction till $719,981. During the following two months (September, October) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $736,231.25 and $736,325 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $748,986 they are 53 % more affordable than the average price for South Lake Tahoe. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at $698,499.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $351 / sq.feet, with an average $382 / sq.feet price in South Lake Tahoe. The properties with the highest average prices have 1 bedroom. They are 50 % more expensive than the average followed by properties with 3 bedrooms with a price at $419 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $748,986 it is 63 % cheaper than the average price in South Lake Tahoe. "Duplex" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $945,807 it is 150 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $282 / sq.feet followed by "Commercial" priced at $297 / sq.feet. "Condo" is the most costly type of property with a $436 / sq.feet cost followed by "House" with an average price of $435 / sq.feet.
