Tahoe Vista Homes for Sale Market Report – Year End 2012

Tahoe Vista Homes for Sale Market Report – Year End 2012

It’s that time of year to review how the Tahoe Vista, California real estate market has performed.  Here is the Tahoe Vista, California homes for sale Year End 2012 Market Report.

Tahoe Vista Sold Market Report – Year End 2012:

Sold Sales: Tahoe Vista area had 28 single family homes sold in 2012, which is a 40% increase in volume over the number of homes sold in 2011.

Tahoe Vista single family home sales price declined -19% with an average median homes sales price of $327,500. 

Most of the price decline occurred earlier in the year when the Tahoe Vista community had a number of short sales and REO/Bank Foreclosure properties on the market. It’s important to note that 11 of the 12, or 92% of the distressed home sales that closed in 2012 in Tahoe Vista area, were listed prior to April 8, 2012.  The current absence of any distressed sellers in the Tahoe Vista market is good news for sellers and price stabilization that should occur in 2013.

The median average days on market was 111 DOM.

Tahoe Vista Homes for Sale Market Report – Year End 2012

Cash Sale Transactions: The number of cash sale transactions for the Tahoe Vista area has increased to 36%, which is just slightly above the Tahoe- Truckee Regional average of 34%, or 1 out of every 3 home sold in Tahoe Vista area was a cash buyer.

Absorption Rate: The current absorption rate for the Tahoe Vista area is at 3.5 months, which indicates a Sellers’ market as of 02/09/2013.

Distress Sales: 
Distress sellers (bank foreclosures- Real Estate Owned (REO’s) and short sales) increased to  43% of all homes sold in 2012, which is a primary reason for the continued price decline in the Tahoe Vista market.  With the absence of short sales and REO/Bank Foreclosures no longer dominating the Tahoe Vista market, we can expect prices to stabilize and move up.

Active Homes for Sale: There are only seven (7) Active– available homes for sale in the Tahoe Vista area as of 02/09/2013. They ranged in price from $375,000 to $4,250,000, with an average median asking sales price of $998,000.

The current inventory levels for the Tahoe Vista area are extremely limited.  Of the seven (7) homes offered for sale, there are none (Zero – 0) short sales, and no (Zero – 0) REO (Bank Foreclosure) listings, – 0% of the current listings are distressed, which is a clear sign that the Tahoe Vista market has stabilized and is turning around.

Pending Home Sales: There are five (5) pending home sales in the Tahoe Vista area and they range from $339,000 to $799,000. There are three (3) is a short sales, and no (Zero -0) REO/Bank Foreclosures.

For more detailed Tahoe Vista, California real estate housing sales data check out my website which has a table summarizing past market sales data information for 2012, 2011, 2010, 2009, 2008, 2007 and 2006.

If you’d like more information on the Tahoe Vista area, or would like to know what your Tahoe Vista area home, cabin, or lakefront property may be worth, call Laura Allen at 530.414.1260.

Tahoe Vista Homes for Sale Market Report – Year End 2012More about Tahoe Vista, California:

The Tahoe Vista community is located in two areas, directly off Highway 28 between Agate Bay and downtown Kings Beach, or in Upper Tahoe Vista, which is accessed off Highway 267 on the way to Kings Beach, California.

The Tahoe Vista area has some neighborhoods that are walking distance to the public beaches, or are located in an area that is more remote and has a wonderful mountain setting and is just a short drive to the Northstar Ski Resort area.  Many homes in the Tahoe Vista area provide nice views of Lake Tahoe.

Tahoe Vista has wonderful, ocean beach type sand, and the beaches are a beautiful sandy white.  The water is more shallow in this area of Lake Tahoe allowing swimmers to wade out and enjoy being in Lake Tahoe. Several well-known public beaches in the Tahoe Vista area are Sandy Beach, Tahoe Vista Recreational Center, and Moons Dune Beach.

Tahoe Vista is easily accessed all year-long and is a nice mix of full-time residents and second home owners.  Some of the more well-known neighborhoods in the Tahoe Vista, California area are:

Kingswood West

Tahoe Estates

Tahoe Vista

Tahoe Marina

Ready to build?  Check out the Tahoe Vista Lots and Vacant Land for Sale Here.

If you’re looking for sandy white beaches and being close to Northstar, and all that Lake Tahoe and the North Shore have to offer, check out the Tahoe Vista community in North Lake Tahoe!

Tahoe Vista Homes for Sale Market Report – Year End 2012

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

Tahoe Vista Homes for Sale Market Report – Year End 2012

©Laura Allen | 530.414.1260 | www.TahoeLauraLuxuryHomes.com

Tahoma Homes for Sale Market Report – Year End 2012

Tahoma Homes for Sale Market Report – Year End 2012

It’s that time of year to review how the Tahoma, California real estate market has performed.  Here is the Tahoma, California homes for sale Year End 2012 Market Report.

Tahoma Sold Market Report – Year End 2012:

Sold Sales: Tahoma had 36 single family homes sold in 2012, which is almost the same number of homes sold in 2011.

Tahoma single family home sales price declined -26% with an average median homes sales price of $259,750.  Tahoma Homes for Sale Market Report – Year End 2012

Most of the price decline occurred earlier in the year when the community had a number of short sales and REO/Bank Foreclosure properties on the market. It’s important to note that 16 of the 19 distressed home sales that closed in 2012 in Tahoma, were listed prior to May 15, 2012.  The current reduction in distressed sellers is good news for sellers and price stabilization should occur in 2013.

The median average days on market was 80 DOM.

Cash Sale Transactions: The number of cash sale transactions for the Tahoma area has decreased to 28%, which is well below the Tahoe- Truckee Regional average of 34%, or 1 out of every 4 home sold in Tahoma area was a cash buyer.

Absorption Rate: The current absorption rate for the Tahoma area is at 5.5 months, which indicates a Balanced market as of 01/19/2013.

Distress Sales: 
Distress sellers (bank foreclosures- real estate owned (REO’s) and short sales) increased to  56% of all homes sold in 2012, which is a primary reason for the continued price decline in the Tahoma market.  With the absence of short sales and REO/Bank Foreclosures no longer dominating the Tahoma market, we can expect prices to stabilize and move up.

Active Homes for Sale: There are only 11 Active– available homes for sale in the Tahoma area as of 01/19/2013. They ranged in price from $169,900 to $699,000, with an average median asking sales price of $399,907.

The inventory levels for the Tahoma area are extremely limited.  Of the 11 homes offered for none (Zero – 0) short sales, and no (Zero – 0) REO (Bank Foreclosure) listings, – 0% of the current listings are distressed, which is a clear sign that the Tahoma market has stabilized and is turning around.

Pending Home Sales: There are five (5) pending home sales in the Tahoma area and they range from $165,000 to $459,500. There is one (1) is a short sale, and no (Zero -0) REO/Bank Foreclosures.

For more detailed Tahoma, California real estate housing sales data check out my website which has a table summarizing past market sales data information for 2012, 2011, 2010, 2009, 2008, 2007 and 2006.

If you’d like more information on the Tahoma area, or would like to know what your Tahoma area home, cabin, or lakefront home may be worth, call Laura Allen at 530.414.1260.

More about Tahoma, California:Tahoma Homes for Sale Market Report – Year End 2012

The Tahoma community is located approximately nine (9) miles south of downtown Tahoe City on the West Shore of Lake Tahoe, California between the communities of Meeks Bay and Homewood, California.  Tahoma is located next to the Sugar Pine Point State Park, which is a wonderful year-around area to visit.

The Tahoma area is one of the more developed neighborhoods and offers some of the most affordable homes on West Lake Tahoe.  Tahoma is easily accessed all year-long and is a nice mix of full-time residents and second home owners.  Some of the more well-known neighborhoods in the Tahoma, California area are:

If you’re looking to get away from it all and want a wonderful Lake Tahoe experience, check out the Tahoma community on the West Shore of Lake Tahoe.

Tahoma Homes for Sale Market Report – Year End 2012

Tahoma Homes for Sale
Tahoma, CA Lakefront Properties for Sale
New Construction Homes for Sale in Tahoma, CA
Tahoma, CA Lots and Land for Sale
Tahoma, CA Homes for sale under $300,000
Tahoma Homes for Sale $300,000 to $500,000 in price
Tahoma, CA Homes for sale $500,000 to $1 million in price
Tahoma, CA Luxury Homes for sale $1 million to $20 million
West Shore Lakefront Homes for Sale
West Shore Lake Tahoe Homes and Cabins for Sale

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

Tahoma Homes for Sale Market Report – Year End 2012

Homewood Homes for Sale Market Report – Year End 2012

Homewood Homes for Sale Market Report – Year End 2012

It’s that time of year to review how the Homewood, California real estate market has performed.  Here is the Homewood, California homes for sale Year End 2012 Market Report.

Homewood Homes Sold Market Report – Year End 2012:

Sold Sales: Homewood had 34 single family homes sold in 2012, which is a 10% increase in volume over 2011 levels.

The Homewood single family home sales price remained flat with an average median homes sales price of $495,000. The median average days on market was 114 DOM.

 

Cash Sale Transactions: The number of cash sale transactions for the Homewood area decreased to 26%, which is well below the Tahoe- Truckee Regional average of 34%, or 1 out of every 4 home sold in Homewood area was a cash buyer.

Absorption Rate: The current absorption rate is at 9 months, which indicates a Buyers’ market as of 01/15/2013.

Distress Sales:Distress sellers (bank foreclosures- real estate owned (REO’s) and short sales) has declined and dropped to 9% of all homes sold in 2012, which is a 53% improvement over 2011.
distressed levels.

Active Homes for Sale: There were 9 Active– available homes for sale in the Homewood area as of 01/15/2013. They ranged in price from $299,000 to $6.995 million, with an average median asking sales price of $1,250,000.

Of the 9 homes offered for none (Zero – 0) short sales, no (Zero – 0) REO (Bank Foreclosure) listings, but 1 listing is a court approval sale or only 11% of the current listings are distressed, which is a clear sign that the market is stabilizing.

Pending Home Sales: There are three (3) pending home sales in the Homewood area and they range from $309,950 to $550,000. There is one (1) is a short sale, and no (Zero -0) REO/Bank Foreclosures.

For more detailed Homewood, California real estate housing sales data check out my website which has a table summarizing past market sales data information for 2012, 2011, 2010, 2009, 2008, 2007 and 2006.

If you’d like more information on the Homewood area, or would like to know what your Homewood home may be worth, call Laura Allen at 530.414.1260.

More about Homewood, California:

The Homewood area is one of the older neighborhoods on the West Shore.  Chambers Landing Bar and Pier is a well-known landmark since the late 1800’s.  Obexer’s Marina was established in 1911 and is another familiar landmark in the area.  Homewood is also home to the Homewood Ski Resort, where skiers enjoy panoramic views of Lake Tahoe as they ski.

The Homewood area is a mix of smaller, classic old Tahoe cabins to luxurious lakefront estates.  Some of the more well-known neighborhoods in the Homewood, California, area are:

Skyland

Tahoe Pines

Tahoe Swiss Village

Lakeside

McKinney Shores

Chamberland (Chambers Landing area)

What is interesting about the Homewood area is almost all of the neighborhoods in the Homewood area have, or offer a local homeowners association giving property owners access to a Lake Tahoe beach area.  Some HOA groups also offer access to a shared pier, buoy rental options, pool, and tennis courts depending on the association and their amenities.

Centrally located between Tahoe City and Tahoma on the West Shore of Lake Tahoe, the Homewood community is close to public beaches, hiking trails, golf courses, skiing, restaurants, and shopping.

Homewood Homes for Sale Market Report – Year End 2012

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

Homewood Homes for Sale Market Report – Year End 2012

Carnelian Bay Homes for Sale Market Report – Year End 2012

Carnelian Bay Homes for Sale Market Report – Year End 2012

It’s that time of year to review how the Carnelian Bay area real estate market has performed.  Here is the Carnelian Bay homes for sale Year End 2012 Market Report.

Carnelian Bay Homes Sold Market Report – Year End 2012:

Sold Sales: Carnelian Bay had 78 single family homes sold in 2012, which is a 77% increase in volume over 2011 levels.

The Carnelian Bay single family home sales price remained flat with an average median homes sales price of $417,000. The median average days on market was 149 DOM.

Carnelian Bay Homes for Sale Market Report – Year End 2012

Cash Sale Transactions: The number of cash sale transactions for the Carnelian Bay area increased slightly to 38%, which is just above the Tahoe- Truckee Regional average of 34%, or 1 out of every 3 home sales has been a cash buyer.

Absorption Rate: The current absorption rate is at 3.83 months, which indicates a Sellers’ market as of 01/02/2013.

Distress Sales:
Distress sellers (bank foreclosures- real estate owned (REO’s) and short sales) has declined and dropped to 22% of all homes sold in 2012, which is a 50% improvement over 2011.
distressed levels.


Active Homes for Sale:
There were 23 Active– available homes for sale in the Carnelian Bay area as of 01/02/2013. They ranged in price from $239,000 to $6.785 million, with an average median asking sales price of $1,075,000.

Of the 23 homes offered for sale there are only two (2) short sales, no (Zero – 0) REO (Bank Foreclosure) listings, or only 9% of the current listings are distressed, which is a clear sign that the market is stabilizing.

Pending Home Sales: There are eight (8) pending home sales in Carnelian Bay area and they range from $239,000 to $869,000. There is one (1) is a short sale, and one (1) REO/Bank Foreclosure.

For more detailed Carnelian Bay real estate housing sales data check out my website which has a table summarizing past market sales data information for 2012, 2011, 2010, 2009, 2008, 2007 and 2006.

If you’d like more information on the Carnelian Bay area, or would like to know what your Carnelian Bay home may be worth, call Laura Allen at 530.414.1260.

More about Carnelian Bay:

This North Shore community is centrally located, and is close to Kings Beach and Tahoe City.  Its location makes it easy to get to Northstar, Alpine Meadows, Squaw Valley, or Homewood Ski resorts.  It is close to all of the Lake Tahoe recreational activities such as boating, hiking, biking, tennis, golf, miniature golf, skiing, shopping, and restaurants.

Carnelian Bay Homes for Sale Market Report – Year End 2012

The Carnelian Bay neighborhood is a mix of some smaller, older, Tahoe cabins, newer luxury mountain homes, and lakefront properties.  Some of the more well-known neighborhoods in Carnelian Bay are:

Cedar Flat

Ridgewood

Agate Bay

Carnelian Bay has great public beaches, and a small commercial core area making this area very desirable.  Centrally located between Tahoe City and Kings Beach on the North Shore of Lake Tahoe, the Carnelian Bay area is very popular with second home owners.

Carnelian Bay Homes for Sale Market Report – Year End 2012

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

Carnelian Bay Homes for Sale Market Report – Year End 2012

Tahoe City Homes for Sale Market Report – Year End 2012

Tahoe City Homes for Sale Market Report – Year End 2012

It’s that time of year to review how the Tahoe City real estate market has performed.  Here is the Tahoe City homes for sale Year End 2012 Market Report.

Tahoe City Homes Sold Market Report – Year End 2012:

Sold Sales:  Tahoe City had 106 single family homes sold in 2012, which is a 66% increase in volume over 2011 levels.

The Tahoe City single family home sales price increased by +3% to an average median homes sales price of $572,000. 

The median average days on market was 116 DOM.

Tahoe City Homes for Sale Market Report – Year End 2012

Cash Sale Transactions:  The number of cash sale transactions for the Tahoe City area increased to 39%, which is just above the Tahoe- Truckee Regional average of 34%, or 1 out of every 3 home sales has been a cash buyer.

Absorption Rate The current absorption rate is at 3 months, which indicates a Sellers’ market as of 01/02/2013.

Distress Sales: Distress sellers (bank foreclosures- real estate owned (REO’s) and short sales) has declined and dropped to 28% of all homes sold in 2012, which is an improvement over 2011 distressed levels.

Active Homes for Sale:  There were 30 Active – available homes for sale in the Tahoe City area as of 01/02/2013, which is.  They ranged in price from $315,000 to $16.8 million, with an average median asking sales price of $799,000.  Of the 30 homes offered for sale there are three (3) short sales, no (Zero) REO (Bank Foreclosure) listings, which is a clear sign that the market is stabilizing.

Pending Home Sales:  There are nine (9) pending home sales in Tahoe City and they range from $249,000 to $7,950,000.  Only one (1) is a short sale.

For more detailed Tahoe City real estate housing sales data check out my website which has a table summarizing past market sales information for 2012, 2011, 2010, 2009, 2008, 2007 and 2006.

If you’d like more information on the Tahoe City area, or would like to know what your Tahoe City home may be worth, call Laura Allen at 530.414.1260.

More about Tahoe City:

The Tahoe City area is known for its charming Alpine Mountain Village setting located near all of the recreational activities Lake Tahoe and the local ski resorts offer.

Tahoe City Homes for Sale Market Report – Year End 2012The Tahoe City community is located at the junction of California Highways 28 and Highway 89 South and stretches out 3 miles in both directions on the North Shore and West Shore.

Tahoe City is not an incorporated area and has a full time population of just over 1,500 people.

The Tahoe City downtown area has public beaches, recreational facilities, a nine-hole golf course, tennis courts, cross-county ski area, restaurants, shops, and other commercial services to make being in Lake Tahoe enjoyable. The Tahoe City area is also very close to Alpine Meadows, Squaw Valley, and Homewood Ski Resorts offering a diverse selection of places to ski.

The Tahoe City community is a very popular area and is easy to get to on a year-around basis. It is also a popular vacation rental location for summer and winter rentals.

Tahoe City Homes for Sale Market Report – Year End 2012

Tahoe City Homes for Sale

Condos for sale in Tahoe City, California 96145

Lakefront Homes for Sale in Tahoe City, California 96145

Lake Tahoe Homes for Sale

Lake Tahoe, California Condos for Sale

Waterfront Homes for Sale - Lake Tahoe, California

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

Tahoe City Homes for Sale Market Report – Year End 2012

Alpine Meadows Homes for Sale and Market Report

Alpine Meadows Homes for Sale and Market Report

Alpine Meadows, CaliforniaAlpine Meadows, California is a small, low-key, ski resort community that is just south of Squaw Valley, home of the 1960 Winter Olympics, and just a few miles north-west of Tahoe City, California and Lake Tahoe.

Alpine Meadows is known for its beautiful mountain setting and small-town resort feel.  Serious skiers love the challenge of the mountain and excellent snow conditions.

Alpine Meadows is known for its great winter skiing, but Alpine Meadows property owners also have access to the Alpine Springs Community Park which provides great summer activities such as a swimming pond and beach area, BBQ area, tennis courts, and volleyball court area.

Alpine Meadows is a wonderful area to own a vacation-resort second home because it gives provides owners some distance from commercial developments, yet it is close enough to still enjoy all that Squaw Valley, Tahoe City, and Lake Tahoe have to offer.

Alpine Meadows Homes Sold Market Report:

Alpine Meadows has had 19 single family homes sales for 2012.  Alpine Meadows single family home sales prices have increased by +17.7% to an average median homes sales price of $565,000.

Alpine Meadows Homes for Sale and Market Report

Cash sale transactions for the Alpine Meadows home market have decreased to 32%, which is close to the Tahoe-Regional average of 34%, or 1 out of every 3 home sales.

The current absorption rate is at 3.5 months, which indicates a Sellers’ market.

Distress sales (bank foreclosures- real estate owned (REO’s) and short sales) have improved and now only account for 5% of all homes sold in 2012, which is an improvement over 2011, and 2010 distressed levels.

There were 7 Active – available homes for sale in the Alpine Meadows area as of 11/29/2012.  They ranged in price from $350,000 to $1,929,000.  Of the 7 homes offered for sale there is one (1) short sale, no REO listings, which may be a sign that the market is stabilizing.

There is one (1) pending sale in this exclusive ski area and it is listed at $490,000.

Alpine Meadows, CA 96146 Real Estate Market Report Summary

Sold Single Family Homes

 Year  Homes
Sold
Median Average
Sales
Price
Lowest
PriceSold
Highest
Price
Sold
 %
Cash
Transactions
Absorption
Rate
< 5 months Sellers Mkt5-7 months balanced>7 months Buyers’ Mkt
DistressedSales Breakdown
of distressedSales
2012 19 $565,000 $100,000 $950,000 32% 3.5   monthsSellers’   Market 5% 0   REO’s1
Short Sale
2011 19 $480,000 $260,000 $1,200,000 42% NA 16% 1   REO’s2
Short Sales
2010 19 $590,000 $390,000 $1,210,000 31% NA 21% 1   REO’s3
Short Sale
2009 18 $664,000 $435,000 $1,425,000 17% NA 0% 0   REO’s0
Short Sale
2008 13 $890,000 $628,000 $1,885,000 23% NA 0% 0   REO’s0
Short Sale
2007 12 $757,500 $485,000 $1,931,000 33% NA 0% 0   REO’s0
Short Sale
2006 12 $865,000 $625,000 $1,600,000 0% NA 0% 0   REO’s0
Short Sale

*YTD period is 01/01/2012– 11/29/2012.  Data Source:  Tahoe Sierra Multiple Listing Service.

Use caution when only a handful of sales are available in a neighborhood.  The market changes can be significant.

If you’d like more information on the Alpine Meadows area, or would like to know what your Alpine Meadows home may be worth, call Laura Allen at 530.414.1260

Alpine Meadows Homes for Sale and Market Report

Tahoe City Homes for Sale

Lake Tahoe Homes for Sale

Lake Tahoe, California Condos for Sale

Lakefront Homes for Sale - Lake Tahoe, California

Tahoe Luxury Real Estate

North Lake Tahoe Lakefront Property for Sale

West Lake Tahoe Lakefront Homes for Sale


Alpine Meadows Homes for Sale

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

Alpine Meadows Homes for Sale and Market Report

West Lake Tahoe Condo and Townhouse Real Estate Market Report – October 2012

West Lake Tahoe Condo and Townhouse Real Estate Market Report – October 2012

There are ten (10) different condominium / townhouse developments in West Lake Tahoe.  The West Shore of Lake Tahoe, California begins at the “Y” in Tahoe City where Highway 28 and Highway 89 south meet.  Once you’ve passed over Fanny Bridge and the Truckee River you’re on the West Shore of Lake Tahoe, or West Lake Tahoe, California.West Lake Tahoe, California

These developments make up the sales data for the West Shore Condominium and Townhouse sales report.

Traveling south on Highway 89 S you will directly pass the entrances to eight of the ten different condominium / townhouse developments and you will see them on the West Shore as follows:

Tavern Shores, Tahoe City, California

Tahoe Tavern, Tahoe City, California

Granlibakken Resort, Tahoe City, California

Tahoe Woods, Tahoe City, California (not on Hwy 89 South)

Cedar Point, Tahoe City, California

Fleur du Lac, Homewood, California

Chambers Landing, Homewood, California

Water’s Edge, Tahoma, California

Sugarpine Lakeside, Tahoma, California

Sugarpine Parkside, Tahoma, California

West Lake Tahoe Condo and Townhouse Real Estate Market Report – October 2012

#
Active
For
Sale
#
Pending
Sales
#
Sold
2012
Sold Price Range %
Cash
Sales
Development
Setting
Monthly*
HOA
Fee
Tavern Shores 1 0 1 $560 0% Lakefront $1,067*
Tahoe Tavern 2 1 1 $1,085,000 100% Lakefront $767*
Granlibakken 3 0 4 $110,000 – $254,500 50% Mountain-side $667 – $711**
Tahoe Woods 0 0 0 Last Sale
August 2010
NA Mountain-side NA
Cedar Point 0 0 0 Last Sale
March 2007
NA Lakefront NA
Fleur du Lac 2 2 0 Pending Sales Range
$3,950,000 – $4,240,000
NA Lakefront $3,900
Chambers Landing 2 0 3 $1,600,000 – $2,250,000 100% Lakefront $1,333*
Sugarpine Lakeside 0 0 1 $350,000 0% Lakeside $377
Water’s Edge 0 0 0 Last Sale
October 2011
NA Lakefront $490
(Year 2011)
Sugarpine Parkside 0 0 1 $305,000 100% Mountain-side $290

*HOA fees are shown as a monthly fee for comparison purposes, but may be billed on a quarterly basis.
**HOA fee may be determined on individual square footage unit basis and are an estimate.
*YTD period is 01/01/2012 – 10/31/2012.  Data Source:  Tahoe Sierra Multiple Listing Service.  Data is subject to change and/or correction at any time without notice.

There are only 10 West Lake Tahoe Condos for sale with an average median asking price of $937,500 showing buyers that not only have prices firmed up, but with a declining inventory, the opportunities to own a condo on the West Shore of Lake Tahoe are becoming more exclusive and limited.

Need more real estate market information on any of the West Lake Tahoe Condos or Townhouse Developments?  Let me help you find the perfect place, Laura Allen, 530.414.1260

For all of your Tahoe real estate needs – Laura Allen, 530.414.1260, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,  Laura@TahoeLaura.com  DRE# 01473598 www.TahoeLauraLuxuryHomes.com ,  Coldwell Banker Residential Brokerage, Tahoe City, California.

West Lake Tahoe Condo and Townhouse Real Estate Market Report – October 2012