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.
May Tahoe Donner Market Update
June 4, 2010
Tahoe Donner is still seeing quite a bit of activity! 14 homes sold during the month of May 2010. This makes a total of 74 homes sold year to date. The least expensive home that sold last month was for $357K and the most expensive home sold for $1.1 million. The average home sale price was $626,117 and the median was $646,125.The homes were on the market an average of 107 days. The majority of the homes sold were in the $300K-$800K price range. 1 home that sold was a short sale and the rest were standard sales. There are now 117 homes on the market in Tahoe Donner (up from 85 last month). 13 homes listed are short sales and 5 are bank owned. 19 homes are currently in escrow. The absorption rate is around 16% and there is just over 6 months supply of inventory remaining in Tahoe Donner. Click on the link for current homes for sale in Tahoe Donner.
January Update for Tahoe Donner
February 11, 2010
10 single family homes sold in Tahoe Donner during the month of January 2010. This is an increase compared to January of 2009 with only 9 homes selling last year. The least expensive home sold for $279K and the most expensive home sold for $750,000. The average days on market for these sold homes was just 39 days. The average sales price was $482,010 and the median sales price was $430,000. 83 single family homes are now listed in Tahoe Donner. 14 are short sales and 2 are bank owned. 14 homes are currently under contract. This puts the absorption rate at 17% and there is just over 6 months of inventory still on the market in Tahoe Donner. Click on the link for current homes for sale in Tahoe Donner.
Lake Tahoe & Truckee Monthly Real Estate Sales Stats
July 5, 2009
We are continuing to see more activity with home sales around the Truckee Tahoe area. 64 homes & 7 condos sold last month (June 2009). The most activity was in the $300K-$499K range (27 sold homes) and the $500K-$699K range (14 homes sold). 7 homes sold for under $299K, 10 homes sold in the $700-899K range, and 5 homes in the $900K-$1.1 mil. range. 1 home sold for over $2 million on the North Shore of Lake Tahoe.
This information was taken from our local multiple listing service and is for the dates of June 1- 30, 2009. Click on the image below for an enlarged version of the chart.
