Agate Bay, CA 96140 Current Real Estate Market Trends – December 2013

Here are some current real estate market trends and data for the Agate Bay neighborhood of Carnelian Bay, California 96140 area. This is my local view of what the Agate Bay housing market is really doing.

The number of homes for sale in the Agate Bay neighborhood of Carnelian Bay is extremely limited as of 12/02/2013. The lack of homes for sale in Agate Bay is helping to support higher prices for the area.

The Agate Bay area is becoming harder to get into with a current starting price at just under $600,000, making it one of the more expensive communities on the North Shore of Lake Tahoe to get into with a current available home listed sales price range of $575,000 to $999,000 (as of 12/02/2013).

The high-end luxury market has been stronger with good Agate Bay home sales, with over 44% of all sales over $500,000 and over 22% of all sales in Agate Bay over $750,000.

The entire North Lake Tahoe area has improved and as we move into our winter season serious Agate Bay 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 Agate Bay home sellers who decide to put their properties on the market this winter and take advantage of lack of inventory and seller competition.

Current Real Estate Inventory in Agate Bay, California 96140 for Single Family Home Sales:

Agate Bay, CA 96140 Homes Available for Sale as of 12/02/2013:

5 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
0 Lakefront Homes currently listed for sale
$575,000 to $999,000 is the Price Range of Single Family Homes listed for sale
$749,000 Average Median Listed Sales Price for Single Family Homes Currently on the Market for Sale
$738,300 Average Listed Sales Price for Single Family Homes Currently on the Market for Sale
195 DOM (Days on Market) for Single Family Homes on the Market for Sale

Agate Bay, California 96140 Pending Home Sales as of 12/02/2013

1 Single Family Homes are Pending Sale – (Under Contract and in Escrow)
$1,048,500 is the Price Range of Single Family Homes Pending Sales
$1,048,500 Average Median Listed Sales Price for Single Family Homes – Pending Sales
$1,048,500 Average Listed Sales Price for Single Family Homes – Pending Sales
0 Lakefront Homes Pending Sale (Under Contract and in Escrow)
7 DOM (Days on Market) for Single Family Homes Pending Sales

Agate Bay, California 96140 Homes Sold for 2013 (01/01/2013 – 12/02/2013)

18 Single Family Homes Sold in 2013
0 Lakefront Homes Sold in 2013
$346,000 to $1,150,000 is the Price Range of Single Family Homes Sold in 2013
$480,567 Average Median Sold Sales Price for Single Family Homes – Sold (97.7% of List/Sold Price)
$544,640 Average Sales Price Sold for Single Family Homes – Sold (95.9% of List/Sold Price)
77 DOM (Days on Market) for Single Family Homes on the Market for Sale
11.1% were Cash Sales, or roughly 1 out of every 10 sales was a cash buyer

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

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

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, CA 96140 Current Real Estate Market Trends – December 2013