Paradise Real Estate

The Montgomery Estates Neighborhood of South Lake Tahoe – Homes Sales, Facts and Figures

Living in the Montgomery Estates neighborhood of South Lake Tahoe puts home owners in the best of all worlds!  You live in the county (El Dorado), you are surrounded by U.S. National Forest Service land and you are only minutes away from Heavenly Valley Ski Resort and the shopping and downtown areas of the city of South Lake Tahoe.  You have miles and miles of hiking and biking trails, streams and wildlife right outside your door and fantastic mountain views, including some properties with great views of Mt. Tallac!

There are five areas within Montgomery Estates:  Golden Bear, Fair Meadows, Cold Creek, Marshall Trail and Kokanee Estates. Any of these choices would be a perfect one for your piece of South Lake Tahoe Real Estate. Montgomery Estates continually rank high in all lists of  homes for sale in Tahoe!

Currently there are only 16 homes for sale in Montgomery Estates, compared to 23 at this time last year and 26 in 2009. The median price for a home here has risen to $519,000 which is a huge jump when comparing the median of $260,000 in November of 2010. There are 2 homes with selling prices at or above $725,000 and 8 listed below $448,999.  The most expensive home for sale is $1,099,000 while the listing with the lowest asking price is at $244,900.

This graph shows homes currently for sale in Montgomery Estates. As you can see, the available number of homes has dropped over 30% from the same period last year.  With fewer homes on the market and prices stabilizing, there is no time like the present to buy your home in this wonderful South Lake Tahoe neighborhood.  Look over the list of homes for sale in Montgomery Estates and contact me.

This entry was posted on Monday, December 19th, 2011 at 12:23 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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