9200 Brockway Springs Road #67
June 28, 2011
Summer in Tahoe Gets “Hot”
August 10, 2010
Summer has brought more buyers to Tahoe and there are escrows over $1,000,000. Currently we have two lakefront escrows over $5,000,000 with several offers coming in on others. I just closed one of the best lakeview properties for my clients. This home had panoramic lakeviews from each floor. Sale price was $1,025,000.
Tahoe/Truckee Real Estate 2010 1st Quarter Stats
April 22, 2010
The following charts show some of the first quarter stats for 2010 for the real estate market in Tahoe and Truckee.
The first chart compares some of the sold numbers for the first quarter in 2009 compared to 2010. The first graph shows sales volume for single family homes & condos, the second graph shows median & average price and the third graph shows units sold. For single family homes, there was a 22% increase in the sales volume. Condos saw a 174% increase. The median and average price for homes sold both decreased by 29% in 2010 compared to 2009. Units sold for single family homes increased by 50% for homes under $1 mil. and increased by 71% for homes over $1 mil. It’s nice to see these positive numbers!
The second charts break down the numbers by price banding and area. The areas included are Incline Village, East Shore Lake Tahoe, Truckee, Tahoe City, South Lake Tahoe, Reno, Sparks, and Carson Valley. In most areas, the majority of home sales was in the lower price range.
Click on the images below for enlarged versions of the graphs.
