Lake Tahoe & Truckee February 2011 Real Estate Sales Stats
March 7, 2011
117 single family homes have sold in our MLS so far for 2011! 48 single family homes sold last month.
The price range that continues to see the most activity is the $300K-$499K range. 17 homes in this price range sold last month. 12 homes sold for $299K or under. 8 homes sold for $500-$699K and 8 homes sold for $700K-$899K. Just 1 home sold for over $1 million last month. The sold price was $1.2 and the home was located in Homewood. 6 of the sold homes last month were short sales and 15 were REOs.
This information was taken from our local multiple listing service and is for the dates of February 1-28, 2011. Click on the image below for an enlarged version of the chart and more info.
Tahoe Donner Market Update – January 2011
February 4, 2011
Tahoe Donner continues to be a neighborhood with lots of home sales each month. Another 9 homes sold during the month of January 2011.
The least expensive home sales last month was $329K and the most expensive was for $875K. The average home sale price was $566,888 and the median home sale price was $512K. The homes were on the market an average of 175 days. 2 of the sales were short sales and the rest were standard.
There are currently just 76 homes listed in Tahoe Donner. This is a lowest number we have seen in quite some time! 26 homes are under contract. The absorption rate is around 34% and there is just under 3 months supply of inventory remaining in Tahoe Donner. Click on the link for current homes for sale in Tahoe Donner.
Lake Tahoe & Truckee December 2010 Real Estate Sales Stats
January 12, 2011
85 single family homes sold during the month of December 2010. 864 total homes sold in our MLS for 2010. This is an increase from the year before with 792 single family homes selling in 2009.
The $300K-$499K price range had the most sales with 37 total homes selling last month. 17 homes sold in the $500K-$699K range and 17 homes sold for under $299K. 4 homes sold for over $1 million. The majority of the home sales were in Tahoe Donner (26 home sales) & Truckee (21 home sales). 9 short sales sold last month and 25 bank owned properties.
This information was taken from our local multiple listing service and is for the dates of December 1-31, 2010. Click on the image below for an enlarged version of the chart and more info.
Tahoe/Truckee Real Estate 2010 Year End Stats
January 5, 2011
These graphs show some of the year end sales statistics for the Lake Tahoe/Truckee area.
The first set of graphs compares sales numbers in 2010 to 2009. For sales volume at Lake Tahoe, there was a 20% increase in home sales and a 48% increase in condo sales in 2010 compared to 2009. For units sold in 2010, there was a 16% increase for home sales and a 46% increase for condos. The median price for homes decreased by 6% and the average home sale price increased by 1%. The median condo price decreased by 9% in 2010 the average price increased by 4%.
The second set of graphs shows numbers for Truckee. Sales volume had no change in 2010 compared to 2009 for single family homes and and condo sales volume increased by 46%. Units sold increased by 5% for single family homes and and condo sales increased by 46%. The median price of single family homes decreased by 8% in 2010 and the average home sale price decreased by 4%. The median price for condos decreased by 9% and the average price stayed the same.
The third set of charts breaks down the properties sold in 2010 by price band.
Click on the images below for enlarged versions of the graphs.
Lake Tahoe & Truckee September 2010 Real Estate Sales Stats
October 13, 2010
Tahoe real estate sales are up! Another 84 homes sold last month. This makes a total of 624 year to date. Last year there were 538 home sales for the same time period. It’s encouraging to see some positive numbers!
The most homes sold in Tahoe Donner last month (26 homes) and in Truckee (19 homes). The $500K and under price range continues to see the most activity. Specifically, in the $300K-$499K range with 32 homes selling last month! Next was the $500K-$699K range with 18 sold homes. The upper end market saw a lot of activity as well with 17 homes selling for over $1 million!
This information was taken from our local multiple listing service and is for the dates of September 1-30, 2010. Click on the image below for an enlarged version of the chart and more info.
