Condos for Sale in Tahoma Market Report – Jan – Aug 2016
Finding a condo for sale in Tahoma isn’t as easy as Tahoe Buyers might hope it would be. You may not know that there are only three (3) condo developments in the Tahoma community and the combined total of condo units between all of them is only eighty-five (85) units.
Water’s Edge 7001 West Lake Blvd Tahoma CA 96142 | 39 Units
Sugarpine Lakeside West Lake Blvd Tahoma CA 96142 | 20 Units
Sugarpine Parkside 7110 West Lake Blvd Tahoma CA 96142 | 26 Condo Units
One Tahoma condo development is a lakefront complex (Water’s Edge), one Tahoma condo complex is a mountainside complex (Sugarpine Parkside) and one Tahoma condo complex is a hybrid mountainside complex, with access to Lake Tahoe lakefront amenities (Sugarpine Lakeside).
The inventory of condos for sale in Tahoma is always limited and as of 09-01-2016 there were only three (3) condos for sale, all in Water’s Edge.
Buyers wanting to get into a specific condo development may have to wait several years for a unit to come on the market.
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, but if you’re trying to find a condo in this area you only have these three options. You’ll find all three condominium/townhouse developments within just a couple of blocks of each other.
Tahoma is easily accessed all year-long and is a nice mix of full-time residents and second home owners.
Wondering what your Tahoma Home or Condo is Worth? Get a Free Market Analysis of your Tahoma Condo Unit here.
Condos for Sale in Tahoma Market Report – Jan – Aug 2016
Long-term Tahoma Condo Market Data
Year |
Condos Sold |
Median Average Sales Price | Average Sales Price |
Lowest Price Sold |
Highest Price Sold |
%
Cash Transactions |
% Distressed
Sales |
Breakdown
of Distressed Sales |
2016* | 0 Water’s Edge
0 Sugarpine Lakeside 1 Sugarpine Parkside |
$ NA
$ NA $375,000 |
$ NA
$ NA $375,000 |
$ NA
$ NA $375,000 |
$ NA
$ NA $375,000 |
0% | 0% | 0 REO’s
0 Short Sales |
2015 | 1 Water’s Edge
1 Sugarpine Lakeside 1 Sugarpine Parkside |
$684,000
$415,000 $369,000 |
$684,000
$415,000 $369,000 |
$684,000
$415,000 $369,000 |
$684,000
$415,000 $369,000 |
66% | 0% | 0 REO’s
0 Short Sales |
2014 | 1 Water’s Edge
2 Sugarpine Lakeside 0 Sugarpine Parkside |
$530,000
$467,500 $ NA |
$530,000
$467,500 $ NA |
$530,000
$450,000 $ NA |
$530,000
$485,000 $ NA |
100% | 0% | 0 REO’s
0 Short Sales |
2013 | 0 Water’s Edge
0 Sugarpine Lakeside 2 Sugarpine Parkside |
$ NA
$ NA $300,250 |
$ NA
$ NA $300,250 |
$ NA
$ NA $226,000 |
$ NA
$ NA $374,500 |
100% | 50% | 1 REO’s
0 Short Sales |
2012 | 0 Water’s Edge
1 Sugarpine Lakeside 1 Sugarpine Parkside |
$ NA
$350,000 $305,000 |
$ NA
$350,000 $305,000 |
$ NA
$350,000 $305,000 |
$ NA
$350,000 $305,000 |
50% | 0% | 0 REO’s
0 Short Sales |
2011 | 1 Water’s Edge
0 Sugarpine Lakeside 0 Sugarpine Parkside |
$650,000
$ NA $ NA |
$650,000
$ NA $ NA |
$650,000
$ NA $ NA |
$650,000
$ NA $ NA |
0% | 0% | 0 REO’s
0 Short Sales |
2010 | 1 Water’s Edge
0 Sugarpine Lakeside 0 Sugarpine Parkside |
$840,000
$ NA $NA |
$840,000
$ NA $ NA |
$840,000
$ NA $ NA |
$840,000
$NA $ NA |
100% | 0% | 0 REO’s
0 Short Sales |
2009 | 1 Water’s Edge
1 Sugarpine Lakeside 0 Sugarpine Parkside |
$545,000
$437,500 $ NA |
$545,000
$437,500 $ NA |
$545,000
$437,500 $NA |
$545,000
$437,500 $NA |
50% | 0% | 0 REO’s
0 Short Sales 0 Court Approval |
2008 | 0 Water’s Edge
0 Sugarpine Lakeside 0 Sugarpine Parkside |
$ NA
$ NA $ NA |
$ NA
$ NA $ NA |
$ NA
$ NA $ NA |
$ NA
$ NA $ NA |
0% | 0% | 0 REO’s
0 Short Sales |
2007 | 0 Water’s Edge
0 Sugarpine Lakeside 0 Sugarpine Parkside |
$ NA
$ NA $ NA |
$ NA
$ NA $ NA |
$ NA
$ NA $ NA |
$ NA
$ NA $ NA |
0% | 0% | 0 REO’s
0 Short Sales |
2006 | 0 Water’s Edge
0 Sugarpine Lakeside 1 Sugarpine Parkside |
$ NA
$ NA $445,000 |
$ NA
$ NA $445,000 |
$ NA
$ NA $445,000 |
$ NA
$ NA $445,000 |
0% | 0% | 0 REO’s
0 Short Sales |
2005 | 0 Water’s Edge
0 Sugarpine Lakeside 1 Sugarpine Parkside |
$ NA
$ NA $462,500 |
$ NA
$ NA $462,500 |
$ NA
$ NA $462,500 |
$ NA
$ NA $462,500 |
0% | 0% | 0 REO’s
0 Short Sales |
*YTD period is 01/01/2016– 08/31/2016.
Data Source: Tahoe Sierra Multiple Listing Service.
Data subject to change and/or correction at any time without notice.
Use caution when only a handful of sales are available in a neighborhood. The percent changes can be significant and numbers are easily moved in either direction. Using the Lake Tahoe-Truckee Regional data may be a better source for over-all market trends.
If you’re hoping to find condos for sale in Meeks Bay, or condos for sale in Rubicon Bay, you won’t find any developments in these two near-by communities, only single family homes for sale in these areas.
If you extend your condos for sale in Tahoma property search to Homewood, CA you’ll only have two more condo lakefront developments to select from: Chambers Landing and Fleur du Lac.
Condo developments on the West Shore of Lake Tahoe are very limited, so if you’re a condo buyer in Tahoma, or West Lake Tahoe, be prepared to make a decision quickly as new inventory often sells quickly if it is priced right.
Want to see all West Shore Lake Tahoe condos for sale?
Need more options? See what condos are for sale in Lake Tahoe? Here are the current listings:
- Tahoe City Condos for Sale
- Condos for sale in a Lakefront Development
- Tahoe City Condos for Sale in a Lakefront Development
- North Shore Lake Tahoe Condos for Sale
- West Shore Lake Tahoe Condos for Sale
- Tahoe City Homes for Sale
- Tahoe City Lakefront Homes for Sale
- Lake Tahoe Lakefront Homes for Sale
- North Shore Lake Tahoe Homes for Sale
- West Shore Lake Tahoe Homes 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.
Condos for Sale in Tahoma Market Report – Jan – Aug 2016