Agate Bay Homes for Sale Market Report – May 2013

May 29, 2013 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Agate Bay Homes for Sale Market Report – May 2013

It’s that time of year to review how the Agate Bay, California real estate market has performed from January 1, 2013 through May 28, 213. Here is the Agate Bay Homes for Sale real estate market report.

Agate Bay Homes Sold Market Report – May 2013:

Sold Sales: Agate Bay had 4 single family homes sold from January 1, 2013 through May 28, 2013

The Agate Bay average median homes sales price was $382,450.

Days on Market: The median average days on market was 122 DOM.

Cash Sale Transactions: The number of cash sale transactions for the Agate Bay area decreased to 25% of all sales, which is 1 out of every 4 home sales was a cash transaction, still giving loan buyers competition.

Distress Sales: Distress sellers (bank foreclosures- real estate owned (REO’s) and short sales) are no longer dominating the Agate Bay real estate market. While they made up 25% of all homes sold in 2013, this is not a reflection of the current inventory, or market mix. As of today, 05/28/2013 none of the current homes listed for sale in Agate Bay were distressed sellers.

Active Homes for Sale: There were 10 Active– available homes for sale in the Agate Bay area as of 05/28/2013. They ranged in price from $350,000 to $9.95 million, with an average median asking sales price of $924,250. Inventory is extremely limited.

Of the ten (10) homes offered for sale there were no (Zero -0) short sales, no (Zero – 0) REO (Bank Foreclosure) listings, or 0% of the current listings are distressed, which is a clear sign that the market is stabilizing and prices are moving up.

Pending Home Sales: There are three (3) pending home sales in the Agate Bay area and they range from $350,000 to $598,500. There are no (zero – 0) is a short sales, and no (Zero- 0) REO/Bank Foreclosures.

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

More about Agate Bay:

The Agate Bay neighborhood is a subdivision in the Carnelian Bay, California community. It is located approximately 6 miles east of Tahoe City in the heart of the North Shore of Lake Tahoe.

The Agate Bay area is a developed, North Shore neighborhood that is between the commercial core of Carnelian Bay and Tahoe Vista.

Agate Bay 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 (dirt and paved trails), tennis, golf, miniature golf, skiing, shopping, and restaurants.

The Agate Bay neighborhood is a mix of some smaller, older, Tahoe cabins, along with larger, newer luxury mountain homes. Agate Bay also offers some lake view homes, along with a limited number of lakefront properties in this neighborhood.

Some of the property owners in the Agate Bay neighborhood are members in the local home owners group Agate Pier and Swim Club that is very desirable with its own swimming pool, tennis courts, gated beach area, pier, and buoy rental option.

The Agate Club membership is currently limited, and property owners that belong often get a market premium for their property, as this club membership is limited by geography and membership is typically gained by buying a property that is already an existing member and transferring the membership from one property owner to the next.

All Agate Bay home owners are close to the public beach at Patton’s Landing, along with being close to Garwood’s restaurant, the Sierra Boat Company, Magic Carpet miniature golf course, and the Old Post office restaurant.

Agate Bay Homes for Sale Market Report – May 2013

Need more home buying options? Check out these homes for sale on the North Shore of Lake Tahoe here:

Ready to make the Carnelian Bay area your second home? Check out what is for sale here:

For all of your Tahoe real estate needs –

Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304

All information is deemed reliable, but is subject to change, and/or correction without notice.

Agate Bay Homes for Sale Market Report – May 2013

Tahoma Homes for Sale Market Report – May 2013

May 28, 2013 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Tahoma Homes for Sale Market Report – May 2013

It’s that time of year to review how the Tahoma, California real estate market has performed from January 1, 2013 through May 27, 213. Here is the Tahoma Homes for Sale real estate market report.

Tahoma Sold Market Report – May 2013:

Sold Sales: Tahoma had 14 single family homes sold in 2013 (January 1 , 2013 through May 27, 2013).

Tahoma single family home sales price increased +37% with an average median homes sales price of $356,250, which erased all losses from 2011 in the Tahoma neighborhood, and puts the average median homes sales price above 2011 price levels!

The median marketing time a Tahoma home was on the market for sale was 90 DOM (days on market).

Cash Sale Transactions: The number of cash sale transactions for the Tahoma area remains steady at 29%, or just a little more than 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 4.6 months, which indicates a Sellers’ Market as of 05/27/2013.

Distress Sales: Distressed sellers (bank foreclosures- real estate owned (REO’s) and short sales) has had a major drop to only 14% of all sales. This is down from the 56% rate in 2012, or the 38% rate for distressed sellers in 2011. A strong signal that there has been a significant change in the market conditions in Tahoma. California.

This reduction in the number of distressed sellers combined with a shortage of homes for sale are primary reasons for the significant market price improvement in the Tahoma market. With the continued absence of short sales and REO/Bank Foreclosures no longer dominating the Tahoma market, we can expect prices to continue to move up.

Active Homes for Sale: There are only 23 Active– available homes for sale in the Tahoma area as of 05/27/2013. They ranged in price from $199,000 to $7,499,500 with an average median asking sales price of $549,000.

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 has turned around.

Pending Home Sales: There are eight (8) pending home sales in the Tahoma area and they range from $169,900 to $799,000. There is one (1) is a short sale, and no (Zero -0) REO/Bank Foreclosures.

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:

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.

Thinking about making the the West Shore of Lake Tahoe your second home?

For all of your Tahoe real estate needs –

Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304

All information is deemed reliable, but is subject to change, and/or correction without notice.

Tahoma Homes for Sale Market Report – May 2013

Tahoe City and West Shore Weekend Deck Opening Parties, May 24- 26, 2013

May 25, 2013 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Tahoe City and West Shore Weekend Deck Opening Parties, May 24- 26, 2013

It’s that time of year when Lake Tahoe gets ready to celebrate the un-official beginning to the summer season with their Memorial Day Weekend Deck Opening parties. The weather today is sunny, but cool and the local area restaurants are ready to open their decks for the summer season

If you’ll be up in the greater Tahoe City area today, Friday, May 24, 2013, or this weekend, here are some the West Shore and Tahoe City Deck Opening Parties you’ll want to be at.

Friday, May 24, 2013

Sunnyside Restaurant & Lodge will celebrate their 26^th Anniversary & Deck Opening Party with live music, silent auction (4 p.m.), and more from 3 p.m. – 9 p.m. 1850 West Lake Blvd., Tahoe City, CA. 530.583.7200 Located on the West Shore of Lake Tahoe!
Chambers Landing Bar and Grill will have their Opening Deck Party featuring Chambers Punch specials starting at 12 noon to 9 p.m. Live music begins at 4 p.m. 6400 West Lake Blvd., Homewood, CA 530.525.9190
West Shore Café will kick-off summer 2013 with a full moon rising party with live music with the Jeff Jones Band 7 – 10 p.m. 5160 West Lake Blvd., Homewood, CA. 530.525.5200 Located on the West Shore of Lake Tahoe!

Saturday, May 25, 2013

West Shore Café will kick-off summer 2012 with their Deck Opening party from 3 – 9 p.m. Live music from noon – 3 p.m. and from 6 p.m. – 9 p.m. 5160 West Lake Blvd., Homewood, CA. 530.525.5200 Located on the West Shore of Lake Tahoe!
The Bridgetender opens their Truckee River riverside patio for the season beginning at 4 p.m. 65 West Lake Blvd., Tahoe City, CA 530.583.3342. Located at the “Y” in Tahoe City!
Hacienda del Lago Live music and specialty food from noon to 6 p.m. Boat Works Mall, 760 North Lake Blvd., Tahoe City, CA 530.583.0358 Located in downtown Tahoe City!

Sunday, May 26, 2013

Jakes on the Lake Live music on the deck from 1 p.m. to 4 p.m. Boat Works Mall, 760 North Lake Blvd., Tahoe City, CA 530.5830188 Located in downtown Tahoe City!

Even if the weather isn’t perfect, spending time in Lake Tahoe is always a great to kick off the summer season!

Start your summer off right by being in Tahoe City and the West Shore this weekend for the Tahoe Deck Opening Parties, May 2013

Need more help in trying to figure out your Lake Tahoe – Truckee home/condo buying options?

Thinking about making Tahoe City, California your second home? Check out the homes that are for sale in Tahoe City here:

Want to see what condos are for sale in Tahoe City? Here are the current listings:

For all of your Tahoe real estate needs –

Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304

All information is deemed reliable, but is subject to change, and/or correction without notice.

Tahoe City and West Shore Weekend Deck Opening Parties, May 24- 26, 2013

Sugar Pine Point State Park – Tahoma, California – 2013

May 24, 2013 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Sugar Pine Point State Park – Tahoma, California – 2013

If you’ll be in Lake Tahoe this summer, check out what is going on at the Ed Z’berg Sugar Pine Point State Park in Tahoma, California

The Sugar Pine Point State Park is located just south of downtown Tahoma, and north of Meeks Bay, California. This historic state park is home to the Hellman Ehrman Estate Historic House, which is only open for summer tours, and is the site of the 1960 Winter Olympic Winter Nordic Events, where in the summer you can walk along these historic trails, or in the winter cross-county, or snowshoe along the same trails as past Olympians.

This summer you’ll find a number of scheduled activities at the Sugar Pine Point State Park in Tahoma accessed directly off Highway 89 South (approximately 10 miles south of the “Y” in Tahoe City). You’ll see the park signs clearly marked on the highway.

Sugar Pine Point State Park – Tahoma, California – 2013

May 25, 2013: Historic Hellman-Ehrman Estate opens for the 2013 tour season. Daily tours through September 30, 2013. 10 a.m. – 3 p.m. mid June through Labor Day. Reduced hours and schedule for early June and September. For tour times call 530.525.7982 Cost is $10/Adults, $10/Children Ages 8 -17, Children under 7 are free.
June 19, 2013: 11 a.m. – 1 p.m. Bear Brunch – Learn all about Lake Tahoe Bears. Brunch on the grounds of the Hellman-Ehrman Estate. Cost is $20/Adults, $10/Children 12 and younger. Space is limited. Reservations required 530.583.9911.
June 22, 2013: Second Day of Summer Full Moon Kayak – West Shore Sports and Sugar Pine Point State Park partner together to foo a grand view of the moon rising over Lake Tahoe. No experience is necessary. Cost is $25/Adults, $10/Children 12 and younger. Includes park entrance, kayak rental, life vest and instruction. Space is limited. Reservations required 530.525-9520.
June 23, 2013: Pine Lodge: An evening of Wine and Wisdom – A “behind the scenes” tour of the Hellman-Ehrman Estate, followed by fine wines and hors d’oeuvers and McAvoy Layne’s Mark Twain. Cost is $40/Adults. Limited seating. Reservations required 530.583.9911.
June 29, 2013: 8 a.m. to 12 noon Community Fitness Day at Sugar Pine Point State Park. Sierra State Parks Foundation and Tahoe Tail Trekkers present a first ever American Volksport Association sanctioned 10K walk and 1.5K kayak event. Kayaks available to rent on the grounds of the Hellman-Ehrman Estate. Parking cost is $10. Pre-register at BetsyWalks@Gmail.com or call 530.583.9911.
July 20, 2013: Full Moon Kayak at Sugar Pine Point State Park – West Shore Sports and Sugar Pine Point State Park partner together to foo a grand view of the moon rising over Lake Tahoe. No experience is necessary. Cost is $25/Adults, $10/Children 12 and younger. Includes park entrance, kayak rental, life vest and instruction. Space is limited. Reservations required 530.525-9520.
July 27, 2013: 10 a.m. -3 p.m. Living History Day – Costumed docents bring the historic Hellman-Ehrman Estate alive as they take you back in time with a day filled with music, open houses, great food, kids’ activities, antique car show, family fun, and more! Cost Parking $10. For more information www.LakeTahoeLivingHistory.org 530.583.9911
August 23, 2013: Full Moon Kayak – West Shore Sports and Sugar Pine Point State Park partner together to foo a grand view of the moon rising over Lake Tahoe. No experience is necessary. Cost is $25/Adults, $10/Children 12 and younger. Includes park entrance, kayak rental, life vest and instruction. Space is limited. Reservations required 530.525-9520.
August 30, 2013: Pine Lodge: An evening of Wine and Wisdom – A “behind the scenes” tour of the Hellman-Ehrman Estate, followed by fine wines and hors d’oeuvers and McAvoy Layne’s Mark Twain. Cost is $40/Adults. Limited seating. Reservations required 530.583.9911.

These events are a great way to learn more about Lake Tahoe, the history of our area, and enjoy a wonderful day at the Sugar Pine Point State Park in Tahoma, California.

Sugar Pine Point State Park Tips

Brings a light jacket, think about wearing layers as our weather can change quickly!
Wear sunscreen!
Wear good walking shoes!
Bring Water. Our days are hot and dry and you’re at an elevation of 6,200+ feet above sea level!
Sugar Pine Point State Park is great for all ages!

Come out and enjoy one of your great California State parks by spending the day at Sugar Pine Point State Park on the West Shore of Lake Tahoe in Tahoma, California! For more information on any of the upcoming events check out www.SierraStateParks.org

Take Advantage of one of the many events that will be held at the Sugar Pine Point State Park for the 2013 Summer Season!

Ready to make Tahoma your second home? Check out what is for sale here:

For all of your Tahoe real estate needs –

Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304

All information is deemed reliable, but is subject to change, and/or correction without notice.

Sugar Pine Point State Park – Tahoma, California – 2013

Squaw Valley Free Outdoor Summer Movies – 2013

May 19, 2013 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Squaw Valley Free Outdoor Summer Movies – 2013

Summer is a great time to be Lake Tahoe and Squaw Valley, California. On Thursday nights in July and August check out the FREE outdoor Summer movies at the Village at Squaw Valley.

The free outdoor movies are presented in the Events Plaza at the Village at Squaw Valley and a new movie is presented each week. All movies begin at 8:30 p.m. (dusk) weather permitting.

Here is the free Squaw Valley Outdoor 2013 Movie schedule:

Squaw Valley Free Outdoor Summer Movies – 2013

June 27, 2013: The Hunger Games

July 4, 2013: Men in Black

July 11, 2013: The Dark Knight Rises

July 18, 2013: Not Announced as of this post

July 25, 2013: Wreck-It-Ralph

August 1, 2013: The Avengers

August 8, 2013: Les Miserables

August 15, 2013: Moonrise Kingdom

August 22, 2013: Skyfall

August 29, 2013: The Hobbit: An Unexpected Journey

Movie goers are encouraged to:

Wear warm clothing – sweaters and jackets are highly recommended.
Bring a blanket. Summer evenings are cool in Squaw Valley and Lake Tahoe!
Arrive early to get a good seat. The movie begins at 8:30 p.m. (Dusk)
Bring a small flashlight so you can look around your chair after the movie, or in your snack bag during the movie.

Last year we made an evening out of several free events. We spent time over at the free Truckee Thursdays event and enjoyed an early dinner, listened to the music on Main Street at the beer garden and did a little shopping in downtown Truckee before we headed over to the free outdoor movie at the Village at Squaw Valley!

With so many fun things to do in Lake Tahoe you need to plan your summer vacation now! Come out and enjoy a wonderful evening underneath the stars and watch a free movie in Squaw Valley this summer!

See you at one of the Free Outdoor Movies in Squaw Valley this summer!

Ready to make the Squaw Valley area your second home? Check out what is for sale here:

See what condos are for sale in Squaw Valley here:

For all of your Tahoe real estate needs –

Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304

All information is deemed reliable, but is subject to change, and/or correction without notice.

Squaw Valley Free Outdoor Summer Movies- 2013