The South Lake Tahoe Real Estate market has properties that span a wide price range. Lake front homes in with vistas of the snow capped mountains can cost as much as 4 million, while more modest homes sitting small parcels may sell for as little 110 thousand dollars.
About South Lake Tahoe
Tahoe is a destination place for many weekend travelers and for many who work in the vast tourist industry Tahoe is a place to call home. Tahoe has one of the biggest, bluest lakes in California and draws people from all over the world to see this special place.
South Lake Tahoe Home Values
The value of Homes in south Lake Tahoe are all over the map. In the luxury end of home values the prices have helped steady because the super wealthy populations are less hit by the are times. Home values in the mid range have come down since the recession and they are beginning to flatten out. Home values in the low end range have hit bottom and are starting to climb. The peak of the foreclosure flood is beginning to subside.
South Lake Tahoe Demographics
A young healthy crowd of South lake Tahoe ski resort workers make up a substantial portion of the population. Many travelers pass through Tahoe for a vacation to ski, gamble and float on the lake. Older, more wealth people own vacation home in South Lake Tahoe and enjoy the mountain air.
Things to do in South Lake Tahoe
South Lake Tahoe is a mountain recreation town
Skiing, sledding, snowboarding, alpine skiing and snow shoeing
Ice climbing
Ice fishing
Gambling at the many casinos on the Nevada side
Mountain bike or golf in the summer
Fly into the small airport with you private jet
South Lake Tahoe Home Sales
Home Sales in South Lake Tahoe continue to be steady as the receding flood of foreclosures continue to keep the volume of home sales high. The super high end homes and their values are somewhat impervious to the effects of the recession and so the volume of home sale is not significantly hit. The low end price range home sales has be fast a furious as so many homes in this price range are foreclosures.
