Tahoe Woods, Tahoe City, West Shoe, Lake Tahoe, California Real Estate Market Report – December 2011 - Lake Tahoe

Tahoe Woods, Tahoe City, West Shoe, Lake Tahoe, California Real Estate Market Report – December 2011

The Tahoe Woods neighborhood of Tahoe City, California is located approximately 2 miles south west of the “Y” in Tahoe City on the West Shore of Lake Tahoe, California.

The Tahoe Woods neighborhood is very small subdivision with only 83 lots. This area has nice wide streets, older, smaller Tahoe cabins, along with larger, newer mountain homes. Tahoe Woods, like Talmont, has a few homes that have good views of Lake Tahoe.Finding a lake view home that is close to Tahoe City on the West Shore that is not a split lakefront, or lakefront property is harder to do than in other areas of Lake Tahoe because of the very limited supply.

This area is very desirable as the homes have membership in the Lake Tahoe Park Homeowner Association (also known as “Tahoe Park HOA”) gated beach area. Membership into the Lake Tahoe Park HOA can only be gained by land ownership in their designated area and adds to the overall market value and desirability of the area.

The Lake Tahoe Park Homeowners Association gives owners access to over 850’ feet of Lake Tahoe Shore line, a gated beach, BBQ/picnic areas, two shared piers, buoy rental option, and kayak storage rental option, just to name a few of the wonderful benefits of the group. This area is located at 1700 Sequoia Ave, next William Kent Campground Public Beach area, and the Sunnyside Resort and Marina.

Like most West Shore neighborhoods, Tahoe Woods close proximity to Tahoe City and Lake Tahoe recreational activities such as boating, hiking, biking (dirt and paved trails), tennis, golf, skiing, shopping, and restaurants makes this a great area to have a vacation-resort second home.

Sold Single Family Homes in the Tahoe Woods, Tahoe City neighborhoodWest Shore, Lake Tahoe, California:

Mountain home and cabin prices are up for the Tahoe Woods, Tahoe City, California area. What is really surprising is how few sales occurred in 2010 and 2009 for this desirable neighborhood. The current median average sales price is currently at $735,000.

Cash sale transactions for the Tahoe Woods neighborhood improved to 20%, but is well below the regional average of 34%.

The number of homes going into escrow with in the first 30 days of being listed in the Tahoe Sierra Multiple Listing Service (TSMLS) was at 20%, which is also below the regional average of 34%.

There was one closed distress sales (bank foreclosures- real estate owned (REO’s) and short sales) this year so far, which is well below the regional average.

There is one (1) Active* – available homes for sale in just the Tahoe Woods, Tahoe City, West Shore, Lake Tahoe, California area as of 12/16/2011. It is priced at $625,000 and has a view of Lake Tahoe. It is not at short sale, or bank foreclosure.Currently, there is one (1) pending sale in the Tahoe Woods area as of 12/16/2011. It is listed for sale at $335,900 and is not a short sale, or bank foreclosure.

Search all Tahoe Woods, Tahoe City mountain homes, and cabins for sale.

Search all Tahoe Park Tahoe City mountain homes, and cabins for sale.

Search all Talmont mountain homes, and cabins for sale.

See all Homes and Cabins in Tahoe Park, Talmont, and Tahoe Woods that have the Lake Tahoe Park HOA membership.

Tahoe Woods, Tahoe City, West Shore, Lake Tahoe, California, Real Estate Summary for Sold Single Family Homes:

Year	Homes Sold	Median Average Sales Price	Lowest Price Sold	Highest Price Sold	% Cash Transactions	Homes into escrow with in 30 days of being listed in TSMLS	%Distressed Sales	Breakdown of distressed Sales
2011	5	$735,000	$531,500	$815,000	60%	20% 1 out of 5	20%	0 REO’s 1 Short Sales
2010	0	–	–	–	0%	0%	0%	0 REO’s 0 Short Sales
2009	1	$425,000	$425,000	$425,000	0%	0%	0%	0 REO’s 0 Short Sales

*YTD period is 01/01/2011 – 12/16/2011. Data Source:Tahoe Sierra Multiple Listing Service.

If you’d like more Lake Tahoe – Truckee, California real estate information, read Tahoe Laura’s Luxury Homes most recent real estate newsletter. If you’d like a copy emailed to you, just write to Laura@TahoeLaura.com and type in the subject line “newsletter”.

Note:Year-to-date summaries are based on information from the Tahoe Sierra Board of Realtors (TSMLS). Due to TSMLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Laura Allen, or Coldwell Banker Residential Brokerage does not guarantee the data’s accuracy. Data maintained by the TMLS’s may not reflect all real estate activity in the market. All information is deemed to be reliable, but is subject to change and/or correction without prior notice.Data Source – Tahoe Sierra Multiple Listing Service (TSMLS). If your property is currently listed for sale, or you have an active Buyer Representation Agreement, this is not intended as a solicitation.

Ready to make Tahoe City, California 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 Woods, Tahoe City, West Shoe, Lake Tahoe, California Real Estate Market Report – December 2011