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2000 to 2005 Third Quarter North & West Shores of Lake Tahoe -
Condominium Sales Summary

Report dated: 11/24/05

  2000 2001 2002 2003 2004 2005
Total Sales Reported 54 47 66 64 82 82
% Change in Sales Reported from 3rd Quarter 2004 -- -- -- -- -- 00.0%
Median Sale Price $195,000 $270,000 $265,500 $257,000 $398,000 $477,500
% Change in Median Sale Price from 3rd Quarter 2004 -- -- -- -- -- +20.0%
Average Sale Price -- -- $314,000 $367,500 $628,500 $622,000
% Change in Average Sale Price from 3rd Quarter 2004 -- -- -- -- -- -01.0%
Average Days on the Market -- -- 126 123 88 72
Inventory of Condominiums for Sale / End September 2005 16 47 47 38 57 31
% Change in Inventory of Condominiums for Sale / End September 2005 -- -- -- -- -- -45.6%