Lake Tahoe Real Estate is Off to a Great Start in 2024 The first quarter of 2024 is off to a great start, with more action than the first quarter of 2023. The number of sold single family homes in the greater Lake Tahoe area was up 48% from the first quarter of last year, with the number of condos sold up 30% from last year. That is a good sign that the market is strong in our area and Continue Reading
Tahoe Truckee Real Estate Market Hotter Than Last Month
Since my last Market Report on 6/24 the North Tahoe – Truckee real estate market has continued to surge forward at an unparalleled rate. Here is what we have seen in the Residential Market (Single-Family Homes and Condominiums) in North Tahoe and Truckee, excluding Donner Summit, Sierra County & Surrounding Areas for the period of June 24 to August 3, 2020.* In the last 40 days there have Continue Reading
North Tahoe – Truckee Real Estate Market Report, Mid-May 2018
The North Tahoe – Truckee Market activity is continuing to be strong and moving upward in price of homes that are selling. We are still lower in inventory than we were last year at this time but the amount of listed homes is increasing. As of May 7th the number of Single Family Home listings is 14% higher than a month ago. This is due to two factors; the rate of new listing Continue Reading
Spring Weather and Spring Activities at Lake Tahoe
Now that it is Spring we are experiencing our usual mixture of both beautiful warm sunny days and cold rainy or snowy days. Lake Tahoe is full to within a few inches of its natural rim and locals have been breaking out their kayaks and paddle boards and spending time on the water. Due to the “Miracle March” we had the skiing is quite good. Squaw Valley and Alpine Meadows have Continue Reading
Million Dollar Home Sales Lead Strong 1st Qtr. Tahoe Market
Sales of single family homes at Lake Tahoe priced over $1 million increased by 68% in the 1st quarter of 2018 compared to the same period last year. Those under $1 million decreased by 6%. Median Price increased 25% to $665,000 and Average Price increased by 20% to $944,177. The number of units sold increased by 5%. Condominium sales showed a similar trend. While the Continue Reading
2015 Tour of California Winner Peter Sagan Brings Bike Event to Truckee
Peter Sagan along with Bike Monkey will host a three day gravel and dirt bike event called Sagan Fondo in Truckee May 3rd through May 5th. The main event is a 67.5 mile race on dirt, gravel and paved roads passing several lakes through a beautiful mountain environment where participants will climb a total of 5,500 feet. Saturday will be here will be a party in Truckee with vendors and Continue Reading
Two New Developments in Squaw Valley
There are two new developments in Squaw Valley, one has final Bureau of Real Estate approval and has started construction. The other has been delayed for one year due to the tremendous response to this offering. The developer is now working a reconfiguration of the hotel building to accommodate more condominiums. Both have started their sales program. Here are the Continue Reading
North Tahoe – Truckee Real Estate Market Report, Mid-March 2018
In the North Tahoe – Truckee area we are still low on inventory but our sales activity is very strong. As of March 14, in the last 30 days we closed escrow on 70 Single Family homes with a Median Price of $667,500 compared to 35 closed escrows with a Median Price of $595,000 in the same 30 day period last year. That is a 100% increase in units sold and a 12% increase in Median Continue Reading
Mid February 2018 North Tahoe – Truckee Real Estate Market Report
The North Tahoe – Truckee real estate market is off to a good start for 2018. Even though we are low in the number of property listings, in the first 45 days of this year the total dollar volume of Residential Properties sold was 21% higher than at the same time last year. The number of units sold decreased by 4%, while the Average Price of properties sold increased by 27%. This Continue Reading
9% Increase in Lake Tahoe and Truckee Single Family Home Sales In 2017
The residential real estate market in the entire Lake Tahoe and Truckee area was very strong with impressive growth in 2017. Single family home sales increased in dollar volume by $171, 634,083, an increase of 9% over 2016. The condominium market was also very strong, except in Truckee which saw a reduction in dollar volume and units sold by 1%. In the Lake Tahoe market Continue Reading
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