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Nov 30 2021 Ski Communities Market Summary

November 30, 2021 by rrservices Leave a Comment

ski-in-ski-out

The last six months have seen very strong sales activity in both Olympic Valley (Squaw) and Northstar, which is typical as we approach the beginning of ski season. However due to such strong sales activity we are now quite low on inventory in each community, but demand is still very high. Here are the details:  Olympic Valley Properties Sold 75 Total Dollar Volume $77,949,657 Avg. Price Continue Reading

1st Qtr. 2021 Tahoe-Truckee Real Estate Market Report

April 20, 2021 by rrservices Leave a Comment

Fractional Ownership

This year’s first quarter of residential real estate sales in the Tahoe Basin has continued to be astounding!  Compared to the same time last year the total dollar volume of single-family homes sold increased by 214%, units sold by 76% and median price by 49%.  We are currently in an upward moving seller’s market and have been for about a year.  It is unlike anything I have ever Continue Reading

February 2021 vs. February 2020 Real Estate Market Report

February 23, 2021 by rrservices Leave a Comment

Lake and mountain dock scene

         Our North Tahoe - Truckee Real Estate Market continues to be increasing in Units Sold, Total Dollar Volume and Median Price  The level of Demand is still amazingly high, and the level of Inventory remains extremely low.  It seems that properties are going into contract at the same rate and new listings are coming on the market.  Single family Continue Reading

North Tahoe & Truckee Real Estate Market Report October 2020

November 6, 2020 by rrservices Leave a Comment

Trees at the lakeside in Tahoe City

Our market is still continually active and extraordinarily strong, but it has softened a bit from last month.  This is not surprising.  Usually in October our market slows down due to a lower number of visitors.  What is surprising is the incredible number of units sold, the amazing total dollar volume, and the increase in prices that we have seen since the opening of California Continue Reading

North Lake Tahoe and Truckee 3rd Quarter Market Report

October 21, 2020 by rrservices Leave a Comment

2020 Q3 Lake Tahoe Overview 2

For the Lake Tahoe Basin and the Truckee area real estate market, 2020 has been a surprisingly good year and it looks like that will continue.  If you read my 2019-year end market report you know that 2019 was not a bad year but it was not as strong as 2018. As we started 2020, we did not know what to expect.  January and February had some activity, but the year was starting Continue Reading

Tahoe Truckee Real Estate Market Hotter Than Last Month

August 3, 2020 by rrservices Leave a Comment

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

Hot North Tahoe Truckee Real Estate Market Continues

June 25, 2020 by rrservices Leave a Comment

The North Tahoe Truckee real estate market is continuing to be as hot as in the first three weeks of this month, as I detailed in my last market report.  Here are the statistics for the sale of Single-Family Homes and Condominiums in North Tahoe and Truckee, excluding Donner Summit, Sierra County & Surrounding Areas for the period of June 24 to June 29, 2020. * New Listings  Continue Reading

Tahoe Real Estate Market is on Fire!

June 23, 2020 by rrservices Leave a Comment

Here are some interesting activity statistics for the sale of Single-Family Homes and Condominiums in North Tahoe and Truckee, excluding Donner Summit, Sierra County & Surrounding Areas* For the period of time from June 1, 2020 to June 23, 2020. New listings:               176 Same period 2019:   126 Of 2020 new listings:  Continue Reading

The State of the market as of Memorial Day Weekend

June 2, 2020 by rrservices Leave a Comment

I wanted to bring you some relief and insight into how this crisis may affect home values and the state of the market in the Tahoe Truckee region. What I have been hearing a lot right now is: What is the market doing? Are homes values going to drop? What will happen to the Real estate market moving forward? The Market  The economic toll of the shutdowns and unemployment we are Continue Reading

North Tahoe Truckee Market Update for 3/18/20 to 3/30/20

March 30, 2020 by rrservices Leave a Comment

Our Real Estate market in the North Tahoe and Truckee region has continued with an activity level greater than expected.  Here are the activity statistics for the sales of Single Family Homes and Condominiums in North Tahoe and Truckee, excluding Donner Summit, Sierra County & Surrounding Areas, in the time period between 3/18/20 to the morning of 3/30/20. Total listing count of 411 Continue Reading

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Rankin Richey Team

Rankin Richey Team

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The Rankin Richey Team

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