Lake Tahoe

2012 THIRD QUARTER Statistics JAN. 1 - SEPT. 30

2012

Sales Volume

$ In MILLIONs

$550

vs

900

$450

800

$400

700

$350

$250

600

16% Increase

500
400

$200

300

$150

37% Increase

200

$100
$50
$0

Units Sold

1000

$500

$300

2011

14% Increase

100

21% Increase

0
$526,985,297 $454,526,751 $82,229,523
2011
2012
2012

SINGLE FAMILY

$71,863,402
2011

CONDOS

979
2012

247
2012

715
2011

SINGLE FAMILY

204
2011

CONDOS

Median & Average Price

$650,000
$600,000
$550,000
$500,000
$450,000
$400,000
$350,000

15% Decrease

$300,000
$250,000
$200,000
$150,000
$100,000

11% Decrease

5% Decrease
9% Decrease

$50,000
$0

$330,000
Median 2012

$370,000
Median 2011

$538,289
Average 2012

$635,702
Average 2011

SINGLE FAMILY

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada,

NNRMLS and South Lake Tahoe Board of Realtors MLS 09/30/2012

$244,500
Median 2012

$270,000
Median 2011

$332,913
Average 2012

CONDOS

$352,272
Average 2011

Lake Tahoe

2012 THIRD QUARTER Statistics JAN. 1 - SEPT. 30

2012

2011

vs

Condos

Single Family
INCLINE Village*
*includes PUDs

2012
Volume

2011

$131,661,489 $
101,004,801

Units

134

Median Price
Average Price
Units Under $1 Mil

93

%
30%

44% Units

$702,000
$760,000
-8%
$982,548 $1,086,073 -10%
93
65
43%

Units Over $1 Mil

41

28

Volume

46%

Median Price
Average Price

2012
$34,068,284

2011 %
$30,894,790 10%

103
$275,000
$330,760

78
32%

$339,250 -19%
$396,087 -16%

Units Under $500

89

57

Units Over $500

14

21 -33%

56%

EAST SHORE

2012
Volume

2011

$51,330,250 $83,823,118

Units

76

%
-39%

60

27%

Volume
Units

2012

2011 %

$10,785,145 $10,422,900
33

36

3%
-8%

Median Price

$410,000

$575,000

-29%

Median Price

$200,000

$225,000 -11%

Average Price

$675,398

$1,397,051

-52%

Average Price

$326,822

$289,525

13%

Units Under $1 Mil

63

44

43%

30

32

-6%

Units Over $1 Mil

13

16

-19%

Units Under $500

Units Over $500

4 -25%

SOUTH SHORE
2012
Volume

2011

$163,279,169 $133,561,904

Units

%
22%

Volume

2011

516

384

34%

Median Price

$239,000

$277,500

-14%

Median Price

$169,000

$260,500 -35%

Average Price

$313,695

$345,039

-9%

Average Price

$234,100

$294,044 -20%

503

379

33%

Units Under $500

13

160%

Units Under $1 Mil

Units Over $1 Mil

Units

2012

$10,300,419 $11,467,700 -10%

Units Over $500

44

42
2

39

36

13%

17%

3 -33%

Tahoe
City
2012
Volume

2011

$180,714,389 $136,136,928

Units

%
33%

Volume

2012

2011

$27,075,675 $19,078,012

%
42%

253

178

42%

Units

67

51

31%

Median Price

$419,000

$449,750

-7%

Median Price

$240,000

$257,700

-7%

Average Price

$714,286

$764,814

-7%

Average Price

$404,411

$374,078

8%

224

155

45%

Units Under $500

50

39

28%

29

23

26%

Units Over $500

17

12

42%

Units Under $1 Mil

Units Over $1 Mil

Total-Lakewide
2012
Volume
Units

2011

$526,985,297 $454,526,751

%
16%

Volume
Units

2012
$82,229,523

2011

$
71,863,402 14%

979

715

37%

247

204

21%

Median Price

$330,000

$370,000

-11%

Median Price

$244,500

$270,000

-9%

Average Price

$538,289

$635,702

-15%

Average Price

$332,913

$352,272

-5%

883

643

37%

Units Under $500

211

164

29%

96

72

33%

Units Over $500

Units Under $1 Mil

Units Over $1 Mil

Information gathered from Incline Village, Tahoe Sierra, Sierra Nevada,

NNRMLS and South Lake Tahoe Board of Realtors MLS 09/30/2012

36

40 -10%