Carnelian Bay Homes for Sale Market Report – May 2013
It’s that time of year to review how the Carnelian Bay, California real estate market has performed from January 1, 2013 through May 31, 2013. Here is the Carnelian Bay Homes for Sale real estate market report.
Carnelian Bay Homes Sold Market Report – May 2013:
Sold Sales: Carnelian Bay had 19 single family homes sold from January 1, 2013 through May 31, 2013
The Carnelian Bay average median homes sales price was $389,900.
Days on Market: The median average days on market was 97 DOM.
Cash Sale Transactions: The number of cash sale transactions for the Carnelian Bay area decreased to 17% of all sales, which is below the Tahoe- Truckee Regional average of 27%.
Distress Sales: Distress sellers (bank foreclosures- real estate owned (REO’s) and short sales) has declined and dropped to 21% of all homes sold. Most of the short sales and REO sales that have been completed in 2013 are a hang-over from the fall of 2012.
Active Homes for Sale: There were 42 Active– available homes for sale in the Carnelian Bay area as of 06/03/2013. This is the largest selection of homes for sale in the Carnelian Bay area that we have had all year.
Carnelian Bay homes for sale ranged in price from $329,500 to $11.5 million, with an average median asking sales price of $961,500.
Of the 42 homes offered for sale there are 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 has turned around and we can expect to see prices rise in the second half of 2013.
Pending Home Sales: There are thirteen (13) pending home sales in Carnelian Bay area and they range from $239,000 to $4.365 million. There is one (1) is a short sale, and no (zero -0) REO/Bank Foreclosure sales.
Popular neighborhoods in Carnelian Bay are:
Centrally located between Tahoe City and Kings Beach on the North Shore of Lake Tahoe, the Carnelian Bay area is a great community to call home!
If you’d like more information on the Carnelian Bay area, or would like to know what your Carnelian Bay home may be worth, call Laura Allen at 530.414.1260.
Ready to make the Carnelian Bay area your second home? Check out what is for sale here:
- Carnelian Bay Homes for Sale
- Carnelian Bay Condos for Sale
- Agate Bay Homes for Sale
- Lake Tahoe Lakefront Homes for Sale
- North Shore Lake Tahoe Homes for Sale
- West Shore Lake Tahoe Homes for Sale
- 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.
Carnelian Bay Homes for Sale Market Report – May 2013