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Drew Kondo
Broker/Salesperson
Atlantic & Pacific Real Estate
Deb Howard & Co.
CA License #01816410
NV License #S.0078661
530.545.1831 (voice)
888.225.1055 (fax)
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PROPERTIES OF INTEREST
The following property lists were assembled by Drew Kondo on January 21, 2012. These are some of the best priced properties in the area. Click the links to see the lists.
- California Bank-Owned Property
- Nevada Bank-Owned Property
- Drew's Best Buys $0 - $175,000
- Drew's Best Buys $175,000 - $350,000
- Drew's Best Buys $350,000 - $500,000
- Drew's Best Buys $500,000 and Up
- Drew's Best Buys for Multiplexes
- Drew's Best Buys for Vacant Land
STATISTICS
As the holder of a bachelor's in mathematics, I mine for a lot of real estate statistics. The following numbers present a good reflection of what's happening in the South Lake Tahoe real estate market.
Median Home Sale Price - December |
$235,450 |
| Median Home Sale Price - Last 90 Days | $233,000 |
| Number of Active Home Listings for Sale | 227 |
| Number of Home Listings in Escrow (% of Inventory) | 101 (30.8%) |
| Average Sale Price to List Price Ratio | 95.09% |
| Median Days on the Market | 131 |
| Months Supply of Inventory | 5.2 |
* When comparing my median sale price statistics to those of other sources, it must be understood that I present median sale price for individual months and only incorporate sales from that month. This provides the most accurate representation of what occurred in that month. Other organizations offering real estate data often squeeze sales from the previous twelve months into a single month. This flattens data and makes it easier to interpret, but it also fails to represent what actually occurred in any given month.
INTEREST RATES
30-Year Fixed: 3.92%
15-Year Fixed: 3.26%
5/1-Year ARM: 2.88%
Source: Bankrate (January 21, 2012)
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