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

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Tahoma Homes for Sale Market Report

Tahoma Homes Sold Market Report – Year 2016:

Tahoma Homes for Sale Market Report – Jan - Aug 2016

Tahoma Homes Sold Market Report

It’s that time of year to review how the Tahoma, California real estate market has performed from January 1, 2016 through December 31, 2016. Here is the Tahoma Homes for Sale real estate market report.

Tahoma Homes for Sale Market Report – Jan - Aug 2016 | SOLD:

Sold Sales: Tahoma had 20 single family homes sold in 2016 (January 1, 2016 through Aug 31, 2016).

Tahoma single family home sales price is flat with a slight decrease of -1.5% with an average median homes sales price of $477,500. The Tahoma area continues to enjoys strong demand and while prices are relatively flat, the market continues to be well off market bottom lows of from 2012!

The median marketing time a Tahoma home was on the market for sale was 70 DOM (Days on Market), with is almost a 50% reduction in the number of days on market from 136 Day in 2015.

Cash Sale Transactions: The number of cash sale transactions for the Tahoma area is above the Tahoe-Truckee region at 35%, or almost 1 out of every 3 homes sold in Tahoma area was a cash buyer.

Available Inventory: The number of available homes for sale in Tahoma is very low with only 18 homes available for sale as of 09-03-2016. Prices range from $249,000 to $5,950,000.

Distress Sales:
Distressed sellers (bank foreclosures- real estate owned (REO’s) and short sales) is low with no, zero (0) listings, as distressed.

Pending Home Sales: There are six (6) pending home sales in the Tahoma area.

For more detailed Tahoma, California real estate home sales data check out my website which has a table summarizing past market sales data information for 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2008, 2007 and 2006.

If you’d like more information on the Tahoma area, or would like to know what’s your Tahoma home, cabin, or lakefront home worth, call Laura Allen at 530.414.1260.

Free Market Analysis in Tahoma Here!

Tahoma Homes for Sale Market Report – Jan - Aug 2016

Real Estate Market Update for Tahoma, CA!

Tahoma, CA 96142 Real Estate Market Report Summary

Year

Homes

Sold

Median Average Sales Price

Lowest

Price Sold

Highest

Price Sold

%

Cash

Transactions

% Distressed

Sales

Breakdown

of

Distressed

Sales

2016*

20

$477,500

$220,000

$6,000,000

1 Lakefronts

35%

0%

0 REO’s

0 Short Sales

2015

49

$485,000

$175,000

$8,850,000

1 Lakefronts

39%

10%

3 REO’s

2 Short Sales

2014

49

$448,000

$160,000

$1,000,000

0 Lakefronts

29%

10%

2 REO’s

3 Short Sales

2013

43

$365,000

$140,000

$5,300,000

1 Lakefronts

29%

9%

2 REO’s

2 Short Sales

2012

36

$259,750

$76,000

$3,435,000

1 Lakefronts

28%

56%

15 REO’s

4 Short Sales

2011

37

$351,000

$165,000

$675,000

0 Lakefronts

38%

38%

8 REO’s

6 Short Sales

2010

21

$399,000

$161,000

$9,500,000

3 Lakefronts

38%

29%

6 REO’s

0 Short Sales

2009

20

$437,250

$276,000

$1,900,000

1 Lakefront

25%

30%

3 REO’s

2 Short Sales

1 Court Approval

2008

23

$570,000

$309,000

$4,350,000

1 Lakefront

17%

0%

0 REO’s

0 Short Sales

2007

26

$507,250

$261,500

$685,000

0 Lakefronts

15%

0%

0 REO’s

0 Short Sales

2006

35

$659,000

$310,000

$6,783,333

3 Lakefronts

14%

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.

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 Tahoma area, or would like to know what your Tahoma area home, cabin, cottage, or lakefront home may be worth, call Laura Allen at 530.414.1260
 
Search for Homes for sale in the Tahoma area here:
 
 
 
 
 
Overview and summary of this complex completed by:
BROKER ASSOCIATE, Tahoe Real Estate Agent, Tahoe REALTOR®,
Cal BRE# 01473598
All information is deemed reliable, but is subject to change, and/or correction without notice. Buyers and Sellers should investigate and verify all information to their own satisfaction.