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Meyers 1st Quarter Market Report 2017

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The Meyers neighborhood saw mostly positive notes in almost all the categories we follow.  Both the average and median home prices increased. The average increased by 7.8% while the median increased by 13.5%. The number of closed sales went up 44.4%. The days on the market (the time between listing and close of escrow) actually increased as did the dollar per square foot.  The list to sale ratio went up slightly by 2.3%. The month supply of available homes decreased from 6.4 to 2.2 for the Meyers neighborhood.  Under 4 months indicates a seller market.  

Meyers Market Comparison20172016
Number of Sales3927
Median Home Price$369,000$325,000
Average Home Price$390,410$362,130
Average List to Sale Ratio98.6%96.4%
Average Dollar Per Square Foot$277 $217
Days on the Market147114
Month Supply2.26.4

The post Meyers 1st Quarter Market Report 2017 appeared first on Lake Tahoe Real Estate | South Lake Tahoe Real Estate Experts - Don & Theresa Souers.


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