Lake Tahoe/Truckee Real Estate Stats

The real estate numbers for the Truckee/Tahoe area are certainly up. 87 single family homes sold during the month of September! With 87 sold homes out of 999 active homes, the absorption rate is just around 9% which is not too bad. 28 condos sold in September. The majority of the sold homes were in the $300K-$499K price range with 32 total homes selling. 12 homes sold for $299K or less, 22 homes sold in the $500K-$699K range, and 12 in the $700K-$899K.

Some of the best numbers for last month’s sales was the influx in sales over $1 million with 10 homes selling in this range!

This information was taken from our local multiple listing service and is for the dates of August 1-31, 2009. Click on the image below for an enlarged version of the chart.