Laura Allen | 530.414.1260 Broker Associate, CRS Tahoe REALTOR®, Tahoe-Truckee Area, CalBRE#01473598

Contact Me

Tahoe Vista Homes for Sale Market Report

Tahoe Vista Homes Sold Market Report – Year End 2016:

Sold Sales: Tahoe Vista had 27 single family homes sold in 2016. 
 
The Tahoe Vista the average median home sales price for 2016 was $580,000, with no MLS reported lakefront homes sales for 2016
 
The median average days on market was 81 DOM

Cash Sale Transactions:  The number of cash sale transactions for the Tahoe Vista area was 37% for 2016, which is up over the 29% cash rate in 2015, and means more than 1 out of every 3 sales in Tahoe Vista was a cash buyer.  

Distress Sales:  Distress sellers (bank foreclosures- Real Estate Owned (REO’s) and short sales) is at 2.7%, which is reflective of a normal market that has a range of 1-5% of distressed sales.  In real numbers, only 1 home sale was a distressed sale out of the 27 home sales in Tahoe Vista in 2016.

Active Homes for Sale:  
There were only eight (8) Active– available homes for sale in the Tahoe Vista area as of 02/24/2017.  The lack of current available homes for sale in Tahoe Vista has put buyers into multiple offer situations when a property is priced to sell. The range of homes listed for sale from $394,000 to $1,999,000.
 
Of the 7 homes offered for sale there are no distress listings - no short sales, no bank foreclosures, no trustee, or court sales. 
 
Pending Home Sales: There are three (3) pending home sales in the Tahoe Vista area as of 02/24/2017.
 Tahoe Vista Homes For Sale Market Report - 2016 
 
  
Tahoe Vista Homes for Sale Market Report - Multiple Year Data History
 

Year

Homes

Sold

Median Average Sales Price

Lowest

Price Sold

Highest

Price Sold

%

Cash

Transactions

% Distressed

Sales

Breakdown

of

Distressed

Sales

2016*

27

$580,000

$295,000

$3,212,000

0 Lakefronts

37%

2.7%

1 REO’s

0 Short Sales

2015

28

$595,000

$290,000

$4,900,000

4 Lakefronts

29%

3.6%

0 REO’s

1 Short Sales

2014

29

$470,000

$230,000

$1,536,500

0 Lakefront

28%

3.5%

0 REO’s

1 Short Sales

2013

26

$577,500

$295,000

$3,265,000

4 Lakefronts

35%

11.5%

2 REO’s

1 Short Sales

2012

28

$330,750

$185,000

$3,140,000

1 Lakefront

36%

39%

6 REO’s

5 Short Sales

2011

20

$402,500

$195,000

$2,066,000

1 Lakefront

25%

35%

4 REO’s

3 Short Sales

2010

25

$420,000

$225,000

$2,100,000

1 Lakefront

48%

29%

8 REO’s

3 Short Sales

1 Court Approval

2009

15

$587,500

$300,000

$975,000

0 Lakefronts

13%

33%

2 REO’s

3 Short Sales

2008

11

$590,000

$409,900

$950,000

0 Lakefronts

9%

0%

0 REO’s

0 Short Sales

2007

14

$651,500

$435,000

$1,300,000

1 Lakefronts

21%

0%

0 REO’s

0 Short Sales

2006

10

$680,000

$380,000

$2,500,000

0 Lakefronts

5%

0%

0 REO’s

0 Short Sales

 
 
 
 
REO's = Real Estate Owned, which is the name banks use for their bank foreclosed properties. 
Short Sales = Owner does not have the money to pay off all of the debt and asks the debt holders to take less back in order to close the sale.
 
* Year to Date Period:  January 1, 2016 - December 31, 2016. 

Data Source:  Tahoe Sierra Multiple Listing Service (TSMLS). 
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 TSMLS's may not reflect all real estate activity in the market.  All information is deemed to be reliable, but is subject to change, modification, and/or correction without prior notice. If your property is currently listed for sale, or you have an active Buyer Representation Agreement, this is not intended as a solicitation.

If you’d like more information on the Tahoe Vista area, or would like to know
Call Laura Allen at 530.414.1260
 
Search for Homes for sale in the Tahoe Vista area, or by popular neighborhoods here:
 
 
 
 
For all of your Tahoe real estate needs – call Laura Allen
Broker Associate, 
 
CalBRE # 01473598