Lake Tahoe & Truckee April Real Estate Sales Stats

May 6, 2010

72 single family homes sold during the month of April 2010! Most home sales took place in Tahoe Donner (22 homes sold) and Truckee (25 homes sold). The price range that saw the most activity was $300K-$499K with 24 homes selling in this price range. 12 homes sold for $299K or under, 13 in the $500-$699K range, and 14 in the $700K-$899K range. 9 homes sold for over $1 million and 3 of these were over $2 million. There were also 28 condos that sold last month.

This information was taken from our local multiple listing service and is for the dates of April 1-30, 2010. Click on the image below for an enlarged version of the chart.

February Tahoe Donner Update

March 9, 2010

skislope.jpg11 homes sold in Tahoe Donner last month (February 2010). This makes a total of 21 single family homes that have sold in Tahoe Donner for 2010. The least expensive home was a bank owned property that sold for $238K. There was 1 short sale property that sold for $459K. The most expensive home sold for $985K. The average home sale price for last month was $571,454 and the median was $505K. We are continuing to see the most activity in the $500K-$700K price range in Tahoe Donner. The average days on market was 127 days. There are currently 82 single family homes listed in Tahoe Donner. There are 16 short sale listings and 1 listing is an REO. 23 homes are in escrow (up from 14 last month). This puts the absorption rate at 28% and there is about 3 1/2 months supply of inventory remaining in Tahoe Donner. Click on the link for current homes for sale in Tahoe Donner.

Tahoe/Truckee Real Estate Year End Stats 2009

January 14, 2010

The following charts show some of the 2009 year end stats for the real estate market in Tahoe and Truckee.

The first chart compares some of the sold numbers from 2008 to 2009. The first page shows sales volume for single family homes & condos, the second page shows median & average price and the third page shows units sold. For single family homes, there was a 2% decrease in the sales volume. Condos saw a 16% decrease.

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.

Lake Tahoe & Truckee December Real Estate Sales Stats

January 11, 2010

Lots of activity with home sales in the Tahoe/Truckee area! 93 homes sold in December 2009! The most activity last month was in the $300K-$499K price range with 33 homes selling. 9 homes sold for under $299K, 24 for $500K-$699K, and 18 for $700K-$899K. There was more activity in the upper end price range with 9 homes selling for over $1 million! The well priced homes, especially in the lesser price range, do not seem to be lasting on the market for very long!

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

Lake Tahoe & Truckee November Real Estate Sales Stats

December 4, 2009

82 more homes sold during the month of November 2009! There were also 19 condos and 15 “other” types of properties in the area that sold. We are still seeing the most activity in the $500K and under price range. 9 homes sold for under $299K, 34 for $300K-$499K, 14 for $500K-$699K, and 9 for $700K-$899K. More good news is that there were 16 homes that sold for over $1 million! We hadn’t seen much activity in this price range for the majority of the year but are just starting to see more homes selling in this higher price range. 3 homes sold for over $3 million which is also very positive news!

This information was taken from our local multiple listing service and is for the dates of November 1-30, 2009. Click on the image below for an enlarged version of the chart.

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