Meeks Bay, CA 96142 Current Real Estate Market Trends November 2013
Here are some current real estate market trends and data for the Meeks Bay California 96142 area for November 2013. This is my local view of what the Meeks Bay housing market is really doing.
Extremely limited inventory (only 3 listings as of 11-09-2013) in the Meeks Bay (Rubicon Bay) area continues to provide higher pricing support for home sales. The Meeks Bay area is a small community on the West Shore of Lake Tahoe area and has the same zip code as Tahoma and Rubicon Bay.
It is not uncommon for real estate agents to list homes in the Rubicon Bay area with a Meeks Bay, or Tahoma city address, so it pays to check listings in all of these areas for Meeks Bay home listings, or view all West Shore Lake Tahoe Communites for other options. The limited selection of mountain homes and cabins means buyers are dealing with sellers that are in a sellers’ market and they have been reluctant to come down on pricing.
The high-end luxury market has been stronger with good Meeks Bay lakefront sales. So far there have been three lakefront sales at a median average price of $4.7 million with one more lakefront property offered for sale.
The entire West Lake Tahoe real estate market has improved and as we move into our winter season Meeks Bay sellers who decide to put their properties on during our winter months and take advantage of these unseasonably lower inventory levels may benefit with shorter marketing times and higher prices. Remember Tahoe home sales occur all-year long and buyers that are out looking at Meeks Bay real estate during our snow season tend to be very serious customers!
Current Real Estate Inventory in Meeks Bay, California 96142 for Single Family Home Sales, November 2013:
Meeks Bay, California 96142 Homes Available for Sale as of 11/09/2013:
- 3 Single Family Homes currently listed for sale – Standard Sale
- 0 Single Family Homes currently listed for sale – Short Sale
- 0 Single Family Homes currently listed for sale – Bank owned/foreclosed – REO (Real Estate Owned)
- 0 Single Family Home currently listed for sale – Court Approval
- 1 Lakefront Homes currently listed for sale ($6,900,000)
- $349,000 to $6,900,000 is the Price Range of Single Family Homes listed for sale
- $530,000 Average Median Listed Sales Price for Single Family Homes Currently on the Market for Sale
- $2,589,666 Average Listed Sales Price for Single Family Homes Currently on the Market for Sale
- 135 DOM (Days on Market) for Single Family Homes on the Market for Sale
Meeks Bay, California 96142 Pending Home Sales as of 11/09/2013
- 0 Single Family Homes are Pending Sale – (Under Contract and in Escrow)
- Not Available – Price Range of Single Family Homes listed for sale
- Not Available – Average Median Listed Sales Price for Single Family Homes – Pending Sales
- Not Available – Average Listed Sales Price for Single Family Homes – Pending Sales
- 0 Lakefront Homes Pending Sale (Under Contract and in Escrow – Median Sales Price NA )
- Not Available DOM (Days on Market) for Single Family Homes on the Market for Sale
Meeks Bay, California 96142 Homes Sold for 2013 (01/01/2013 – 11/09/2013)
- 10 Single Family Homes Sold in 2013
- 3 Lakefront Homes Sold in 2013 (Median Sales Price $4,700,000 range $2,155,000 to $9,495,000)
- $460,000 to $9,495,000 is the Price Range of Single Family Homes Sold in 2013
- $982,800 Average Median Sold Sales Price for Single Family Homes – Sold (88.3% of List/Sold Price)
- $2,217,810 Average Sales Price Sold for Single Family Homes – Sold (95.4% of List/Sold Price)
- 198 DOM (Days on Market) for Single Family Homes on the Market for Sale
- 30% were Cash Sales, or almost 1 out of every 3 sales was a cash buyer
All of the Meeks Bay data comes from the Tahoe Sierra Board of REALTORS® data base and is subject to change and/or correction without notice.
Meeks Bay 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.
Need more home buying options? Check out homes for sale on the West Shore of Lake Tahoe here:
Thinking about making the the West Shore of Lake Tahoe your second home?
- Tahoe City West Shore Lake Tahoe Homes for Sale
- Homewood Homes for Sale
- Meeks Bay Homes for Sale
- Rubicon Bay Homes for Sale
- Tahoma Homes for Sale
- Tahoma Condos for Sale
- West Shore Lake Tahoe Lakefront Homes for Sale
- West Shore Lake Tahoe Homes for Sale
- West Shore Lake Tahoe Condos for Sale
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.
Meeks Bay, CA 96142 Current Real Estate Market Trends November 2013