Fractional Ownership Sales in the North Tahoe and Truckee area continued to improve in 2013. Units Sold (73) were 7% above 2012 and Dollar Volume ($6,730,950) was 11% higher. (There was one 1/2 share in a Tahoe City Lakefront Estate that sold for $5,401,000 that I am not including in these statistics because it does not really fit the Fractional Ownership model and therefore would really skew Continue Reading
2013, Great Year For Squaw Valley Real Estate Sales
The total dollar volume of sales in 2013 for both Single Family Homes and Condominiums in Olympic Valley (Squaw Valley) increased dramatically although the total number of units sold in both categories only increased slightly from the previous year. 2012 & 2013 Single Family Home Sales Units sold: 18 sold in 2012 and 20 sold in 2013 (+11.11%) Total Dollar Volume: $17,192,000 in Continue Reading
North Tahoe & Truckee Homes Selling Faster Than This Time Last Year
In September of 2013 Single Family Homes in the North Tahoe and Truckee market sold faster (Median of 53 Days On Market) than they did (Median of 65 Days On Market) at the same time last year. This matches a nationwide trend according to a new analysis by Zillow, and our Single Family Homes are spending 33 days less time on the market than the nation Median. A Continue Reading
North Tahoe-Truckee Fractional Ownership 3rd Quarter 2013 Market Report
Fractional Ownership sales in the North Tahoe-Truckee market, in units sold, are 10% ahead of this time last year and 14.6% ahead in dollar volume. With what is currently in escrow, and considering the current rate of activity, I expect that we will end the year with approximately 60 - 62 units sold and a dollar volume of approximately $7,000,000 - $7,250,000 which will make 2013 one of Continue Reading
North Tahoe – Truckee Real Estate Sales Continue to Out Pace Last Year
2013 3rd Quarter (Jan – Sept) Report Overall the residential real estate sales in the North Tahoe – Truckee market, as of the end of the 3rd quarter of 2013, are 8.3% ahead of sales at the same time last year in terms of units sold. What is of particular interest is that in terms of dollar volume we are ahead of last year by 31%. In my opinion, this change is due to several factors; A Continue Reading
Squaw Valley Real Estate Sales Market Update, 8/31/13
After a really good 2012, in both units sold and dollar volume, 2013 is shaping up to be even better. Comparing year to date statistics for 2013 with the same period for 2012 shows that Squaw Valley sales are up in units sold and dollar volume in both Single Family Home sales and Condominium sales. Single Family Homes, 2013 Units sold 14 up 29% Dollar volume $23,628,750 up 60% Average Continue Reading
Village at Squaw Valley Market Update, 8/29/13
So far this year the sales activity at the Village at Squaw Valley, in terms of units sold, has been slow, although equal to this time last year (8 closed escrows). However, in terms of dollar volume we have seen a 52.5% increase from the same time last year. Both the Average Sales Price and the Median Sales Price are 50%+ higher. In my opinion this is due to several reasons; Buyers are Continue Reading
Northstar Mountainside Community Now Over $100 Million In Sales
The Ski In-Ski Out Mountainside Community at Northstar is composed of several unique developments clustered around the Ritz Carlton Lake Tahoe. It is located mid mountain with excellent access to the ski lifts and ski runs. In non ski season there is Gondola access to the Northstar Village. The most recent developments are the ski in-ski out townhomes of Home Run and the ski in-ski out Continue Reading
Housing Market Continues To Improve All Across The Country
As reported in a recent article in MortgageNewsDaily.com the National Association of Home Builders/First American Improving Markets Index lists 70% of metropolitan areas in the US as improving for the 5th straight month. The article went on to say, "it's worth noting that the number of improving markets is now more than three times what it was in June 2012.." A recent article in Continue Reading
North Tahoe – Truckee Real Estate Sales Activity Very Strong for 2013
2013 Residential Real Estate sales activity is slightly ahead of its level at this same time in 2012 (up 5%), and last year was a very good year. As we saw in 2012 the North Tahoe - Truckee area is continuing to be very appealing to buyers. However, there are some significant differences in our market this year. Sold Distressed Properties: down 27% Sold Luxury Homes (over Continue Reading
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