Tahoma New Construction Homes for Sale

April 18, 2013 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Tahoma New Construction Homes for Sale

Builders have returned to the West Shore of Lake Tahoe, and we have several new construction homes being built in the Tahoma, California area.

Tahoe market conditions have improved and as of 04-17-2013 we have 3 new construction houses that are in the process of being built and are available for sale in the Tahoma area, with two more possible homes that could be built later this summer. They range in price from $675,000 to $769,000.

If you’ve always wanted to own a new construction home in West Lake Tahoe, this is your chance to pick your own colors and finishing touches!

In addition to these new construction homes that are for sale in Tahoma, there is also 1 more homes for sale in that are considered newer in construction and the age range is from 1-5 years in age. The price on this newer construction home is $1.65 million.

While prices have begun to move up here in the Lake Tahoe area, it’s not too late to get a great deal on a new construction, or newer construction home here in the Tahoma area.

If you’re not working with a Tahoe Buyer’s agent, call me, Laura Allen at 530.414.1260 and we can set up a time to see all of the new construction, or newer construction homes that are available for sale in the greater Tahoma area today!

If you want a new construction home in Tahoma, now is the time to buy!

New Construction Homes for sale in Tahoma, CA 96142

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.

Tahoma New Construction Homes for Sale

Tahoe Mountain Cabin for Sale in Tahoma, California

February 1, 2013 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Tahoe Mountain Cabin for Sale in Tahoma, California

See our current inventory of Tahoe Mountain Cabins for sale in Tahoma, California Here.

SOLD Tahoma, California Listing Details:

7082 6^th Avenue, Tahoma, CA 96142
MLS# 20130140
Price: $249,000
Bedrooms: 2
Bathrooms: 1
Home Size: +/- 918 Square Feet*
Lot Size: +/- 0.29 (100’ x 125’)*
*Per El Dorado County Assessor Records.

Call Laura Allen at 530-414-1260 to see if this property is still available and to arrange for a private showing of this charming Tahoe Mountain Cabin in Tahoma, California.

You will love the lot setting that this Tahoe Mountain Cabin has to offer!

A wonderful opportunity to own a Tahoe Mountain Cabin in Tahoma, California! Located on the beautiful West Shore of Lake Tahoe, this charming cabin has a wonderful setting with a larger lot (100’ x 125’) +/- 0/29 acres and majestic pine trees.

This home offers a separate living room area with a stone fireplace that is creates a great gathering place. You’ll find the old Tahoe kitchen rustic, charming, and with a warmth that will bring you back in time. If you’ve been waiting for the right Tahoma cabin to come along, this is your chance to make your dreams of home ownership in the Tahoe area a reality!

Charming Tahoe Mountain Cabin Kitchen

If kicking back and enjoying the Tahoe lifestyle is something you’ve been dreaming of, imagine having your morning coffee, orange juice, or an afternoon beverage in this charming Tahoe Mountain Cabin. There is plenty of space up here to cook and dine in. When you’re done in your mountain kitchen you can relax in the separate living room area that has its own stone fireplace and enjoy the ambience of mountain living.

Tahoma, California

Looking to buy real estate in Lake Tahoe? Consider buying a home in Tahoma, California. Tahoma is one of the more affordable areas on the West Shore of Lake Tahoe with a nice selection of mountain homes, ski cabins, cottages, and lakefront properties for sale.

The Tahoma community is located approximately 9 miles south of Tahoe City and is one of the older, more established neighborhoods in West Lake Tahoe.

Tahoma is located next to the Ed Z’berg Sugar Pine Point State Park, which is the site of the Hellman-Ehrman mansion, which was completed in 1903, and home to the 1960 Winter Olympics Nordic Ski events, where part of the historic cross country Nordic ski routes are still in place.

Tahoma is close to other well-known historic local landmarks like the Chambers Landing Bar and Pier, which was established in the late 1800’s and is a summer-time favorite for everyone to visit. Tahoma is also just a few miles from Homewood Ski Resort, where skiers enjoy panoramic views of Lake Tahoe.

Tahoma’s close proximity to Lake Tahoe recreational activities such as boating, hiking, biking (dirt and paved trails), tennis, golf, skiing, shopping, and restaurants makes this a great area for those that enjoy being outdoors, and getting away from it all.

Tahoma is a wonderful place to enjoy the Tahoe lifestyle!

If you’re ready to buy, I can help you find the right Tahoe Mountain Cabin for Sale in Tahoma too!

Want more home buying options? Think 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.

Tahoe Mountain Cabin for Sale in Tahoma

Tahoma Homes for Sale Market Report – Year End 2012

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

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.

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.

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.

Need more home buying options? How 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 – Year End 2012

Tahoma, California Real Estate Market Report September 2012

October 4, 2012 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Tahoma, California Real Estate Market Report September 2012

The Tahoma, California 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 homes and cabins for sale:

The Tahoma area is one of the more developed neighborhoods and offers some of the most affordable homes on West Lake Tahoe.

Tahoma offers a mix of smaller, older, Tahoe cabins, to larger, newer luxury mountain homes, with a limited number of lakefront properties. Tahoma is located next to the Sugar Pine Point State Park and is close to the Homewood Ski Resort area.

Tahoma is easily accessed all year-long and is a nice mix of full-time residents and second home owners.

Tahoma Sold Single Family Homes Market Report:

Tahoma home prices are down again for 2012, with the average median sales price at $250,000.

This price drop is attributed to the significant increase in distressed sellers (REO’s /Bank Foreclosures and Short Sales), which accounts for more than 62% of all sales in 2012. What is interesting about this increase in distressed sales is 75% of those transactions closed prior to May 18, 2012.

Cash sale transactions for Tahoma homes has increased to 69%, which is well above the Tahoe-Truckee regional average of 34%. This is a strong indication that the Tahoma area is a real estate value play, and buyers are not afraid to place their investment dollars here.

The current absorption rate for the Tahoma area is at 8 months. Anything above 7 months of inventory is considered a Buyers’ Market. The first step to turning the Tahoma market around is reducing the number of distressed sellers.

Distress sales (REO’s/Bank Foreclosures and short sales) accounted for 62% of all Tahoma sales. That’s more than half of all the homes sold in 2012 in Tahoma were distressed. This is a 24% increase over 2011 levels.

There were 24 homes available for sale in the Tahoma, California area as of 10/01/2012. This is an inventory drop of -13% over the past 11 months, when there were 37 active available homes for sale. The homes currently available for sale range in price from $169,900 to $13.5 million.

Of the 24 homes offered for sale there is 1 REO/Bank Foreclosure listing, and 1 short sale, which is now only 8% of the market.

This is a significant improvement in the number of distressed sellers, and represents a small fraction of the total distressed sales for 2012. There are currently 4 pending sales in the Tahoma area as of 10/01/2012, ranging in price from $229,000 to $475,000. Two of the pending sales are REO/Bank Foreclosure sales.

Tahoma, West Shore, Lake Tahoe, California, Real Estate Summary for Sold Single Family Homes:

Year	Homes Sold	Median Average Sales Price	Lowest Price Sold	Highest Price Sold	% Cash Transactions	Absorption Rate < 5 months Sellers Mkt 5-7 months balanced Mkt >7 months Buyer’s Mkt	% Distressed Sales	Breakdown of Distressed Sales
2012*	29	$250,000	$76,000	$3,435,000 1 Lakefronts	69%	8 months Buyers’ Market	62%	12 REO’s 6 Short Sales
2011	37	$351,000	$165,000	$675,000 0 Lakefronts	38%	NA	38%	8 REO’s 6 Short Sales
2010	21	$399,000	$161,000	$9,500,000 3 Lakefronts	38%	NA	29%	6 REO’s 0 Short Sales
2009	20	$437,250	$276,000	$1,900,000 1 Lakefront	25%	NA	30%	3 REO’s 2 Short Sales 1 Court Approval
2008	23	$570,000	$309,000	$4,350,000 1 Lakefronts	17%	NA	0%	0 REO’s 0 Short Sales
2007	26	$507,250	$500,000	$685,000 0 Lakefronts	15%	NA	0%	0 REO’s 0 Short Sales
2006	35	$659,000	$310,000	$6,783,333 3 Lakefronts	14%	NA	0%	0 REO’s 0 Short Sales

*YTD period is 01/01/2012 – 09/30/2012. Data Source: Tahoe Sierra Multiple Listing Service. Absorption rate based on 30 day period of time as of 10/01/2012. Data subject to change and/or correction at any time without notice.

Tahoe Real Estate Market report for the Tahoma, California area – September 2012

Ready to make the West Shore of Lake Tahoe 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.

Tahoma, California Real Estate Market Report September 2012

Big Band Jazz Concert at the Sugar Pine Point State Park

September 8, 2012 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Big Band Jazz Concert at the Sugar Pine Point State Park

This Saturday, September 8, 2012, there will be a free Big Band Jazz concert at the Sugar Pine Point State Park at the Ehrman Mansion in Tahoma, California. While admission is FREE, there is a parking fee of $10 per car.

Concert goers are encouraged to bring a picnic, low-back chairs, blankets, and be prepared to have fun. If you’ll be up in the area, plan on coming out and listening to the music of CHOPS Big Band.

This Big Band Jazz Concert at the Sugar Pine Point State Park is a fundraiser for the West Shore Association. The West Shore Association is a non-profit group of local businesses that promote the West Shore of Lake Tahoe. Each year the West Shore Association puts on local community events, such as the Memorial Day Lake Tahoe Opening Events weekend.

Here are the details:

Big Band Jazz Concert

When: Saturday, September 8, 2012 gates open at 4 p.m., the concert begins at 5 p.m.

Where: Ehrman Mansion, Sugar Pine Point State Park, Tahoma, California (Lake-side for event, parking on non-lake side)

Cost: Free admission to the concert, but parking is $10/car (Please no pets at this event.)

Beverages: Wine will be available for purchase. (Must be 21+ or older)

Donations of any size are greatly appreciated and accepted at the event.

For more information check out the West Shore Association’s website at www.TahoeWestShoreAssoc.com

Come out and enjoy a wonderful fall evening of music at the Big Band Jazz Concert in Tahoma, California at the Sugar Pine Point State Park!

See you at the Big Band Jazz concert!

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.

Big Band Jazz Concert at the Sugar Pine Point State Park