Tahoe Vista Homes for Sale Market Report – May 2013

It’s time to review how the Tahoe Vista, California real estate market has performed from January 1, 2013 through May 31, 2013. Here is the Tahoe Vista, California homes for sales report for May 2013.

Tahoe Vista Sold Market Report – May 2013:

Sold Sales: Tahoe Vista area had 11 single family homes sold from January 1, 2013 through May 31, 2013.

Tahoe Vista single family home sales price increased +67% with an average median homes sales price of $546,500 over the median homes sales price of $327,500 for 2012.

Days on Market – The average days on market was 182 DOM

Cash Sale Transactions: The number of cash sale transactions for the Tahoe Vista area has decreased to 27%, which is just a little more than 1 out of every 4 home sold in Tahoe Vista area was a cash buyer.

Distress Sales: Distress sellers (bank foreclosures- Real Estate Owned (REO’s) and short sales) has decreased to 36% of all homes sold in Tahoe Vista for 2013. Most of these distressed sales were a carry-over from 2012, or were listed in the first 3 months of 2013.

The current absence of short sales and REO/Bank Foreclosures should result in the Tahoe Vista market holding on to most of their price gains already realized for 2013.

Active Homes for Sale: There are fifteen (15) Active– available homes for sale in the Tahoe Vista area as of 06/13/2013. They ranged in price from $375,000 to $2,995,000, with an average median asking sales price of $765,000.

The current inventory levels for the Tahoe Vista area has been extremely limited. Of the fifteen (15) homes offered for sale, there are none (Zero – 0) short sales, and no (Zero – 0) REO (Bank Foreclosure) listings, – 0% of the current listings are distressed, which is a clear sign that the Tahoe Vista market has stabilized and is has turned around.

Pending Home Sales: There are four (4) pending home sales in the Tahoe Vista area and they range from $299,000 to $649,000. There are no (zero – 0) short sales, and no (Zero -0) REO/Bank Foreclosures.

If you’d like more information on the Tahoe Vista area, or would like to know what your Tahoe Vista area home, cabin, or lakefront property may be worth, call Laura Allen at 530.414.1260. All inquiries are confidential!

Tahoe Vista is easily accessed all year-long and is a nice mix of full-time residents and second home owners. Some of the more well-known neighborhoods in the Tahoe Vista, California 96148 area are:

If you’re looking for sandy white beaches and being close to Northstar, and all that Lake Tahoe and the North Shore have to offer, check out the Tahoe Vista community in North Lake Tahoe!

Tahoe Vista Homes for Sale Market Report – May 2013

Ready to make Tahoe Vista 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.

Tahoe Vista Homes for Sale Market Report – May 2013