Kings Beach, CA 96143 Current Real Estate Market Trends November 2013

Here are some current real estate market trends and data for the Kings Beach, California 96143 area for November 2013. This is my local view of what the Kings Beach housing market is really doing.

Limited inventory in the Kings Beach area continues to provide pricing support for home sales. The Kings Beach area is still offering buyers one of the least expensive entry points into the North Lake Tahoe real estate market with homes in the $100,000 to $300,000 price range available for sale.

The high-end luxury market has been stronger with good Kings Beach lakefront sales. So far there have been two completed sales with an average median sales price of $3.275 million.

The entire North Lake Tahoe area has improve and as we move into our winter season serious Kings Beach home buyers may find the selection of mountain homes and cabins for sale very limiting, which may turn out to be a great opportunity for King Beach sellers who put their properties on the market during this slower season.

Current Real Estate Inventory in Kings Beach, California 96143 for Single Family Home Sales, November 2013:

Kings Beach Homes Available for Sale as of 11/06/2013:

28 Single Family Homes currently listed for sale – Standard Sale
1 Single Family Homes currently listed for sale – Short Sale
0 Single Family Homes currently listed for sale – Bank owned/foreclosed – REO (Real Estate Owned)
1 Single Family Home currently listed for sale – Court Approval
2 Lakefront Homes currently listed for sale ($2,200,000 to $3,295,500)
$125,000 to $3,295,500 is the Price Range of Single Family Homes listed for sale
$520,000 Average Median Listed Sales Price for Single Family Homes Currently on the Market for Sale
$695,996 Average Listed Sales Price for Single Family Homes Currently on the Market for Sale
85 DOM (Days on Market) for Single Family Homes on the Market for Sale

Kings Beach, California 96143 Pending Home Sales as of 11/06/2013

7 Single Family Homes are Pending Sale – (Under Contract and in Escrow)
$189,900to $2,195,000 is the Price Range of Single Family Homes listed for sale
$399,000 Average Median Listed Sales Price for Single Family Homes – Pending Sales
$720,828 Average Listed Sales Price for Single Family Homes – Pending Sales
0 Lakefront Homes Pending Sale (Under Contract and in Escrow – Median Sales Price NA )
74 DOM (Days on Market) for Single Family Homes on the Market for Sale

Kings Beach, California 96143 Homes Sold for 2013 (01/01/2013 – 11/06/2013)

29 Single Family Homes Sold in 2013
2 Lakefront Homes Sold in 2013 (Median Sales Price $3,275,000)
$104,000 to $4,700,000 is the Price Range of Single Family Homes Sold in 2013
$355,000 Average Median Sold Sales Price for Single Family Homes – Sold (94.7% of List/Sold Price)
$487,000 Average Sales Price Sold for Single Family Homes – Sold (94% of List/Sold Price)
71 DOM (Days on Market) for Single Family Homes on the Market for Sale
28% were Cash Sales, or just a little more than 1 out of every 4 sales was a cash buyer

All of the Kings Beach data comes from the Tahoe Sierra Board of REALTORS® data base and is subject to change and/or correction without notice.

Kings Beach real estate market conditions are local. Talk to a local Tahoe real estate agent / Tahoe REALTOR® to get the most up-to-date neighborhood and market conditions if you are considering buying, or selling.

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

How about a Kings Beach condo?

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.

Kings Beach, CA 96143 Current Real Estate Market Trends November 2013