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
Squaw Alpine Seeks Community Support For Base To Base Gondola
In an October 25th post on their web site Squaw Valley Alpine Meadows announced that they are intending to open the proposed Base to Base Gondola, which they are naming the California Express, for the 2019 - 2020 ski season. In that post they are also asking for loyal resort guests and local community support. This proposal is currently under review by both Placer County and the US Continue Reading
3rd Quarter 2017 Lake Tahoe & Surrounding Area Market Report
Home sales in the Tahoe market were slower in the 3rd quarter than in the first half of the year but still strong. Total Dollar Volume was 5% higher than at the end of the 3rd quarter of 2016 however Total Units Sold was 7% lower. Median Price was 1% higher and Average Sales Price 13% higher that last year. Condominiums sales were much stronger that last year. Total Dollar Continue Reading
Plumpjack Squaw Valley Inn & Residences Pre-Sale To Start Soon
Plumpjack Squaw Valley Inn & Residences will be available for advance purchase starting this winter. The exact date has not been announced. The current historic Squaw Valley Inn is scheduled for demolition and the start of construction for the beginning of May 2018 and set to be completed in winter 2019/20. The plan calls for a five story luxury hotel in the present location Continue Reading
Renters Comprise 37% Of American Households According To A Recent Zillow Study
About 43.7 million homes are occupied by renters according to a Zillow study. 13,000 people across the US were surveyed by Zillow and asked about renting, buying and selling. In 2005 the number of homes occupied by renters was 6.9 million less than today. Some of that increase is the result of the foreclosure of homes during the economic downturn but a lot are the result of choice by many Continue Reading
Five Fun October North Tahoe – Truckee Activities
October is the time to enjoy the outdoors, especially early October. It is the time of beautiful Fall color when the Aspen trees turn yellow and the Dogwoods turn a red. When the weather is good, it is a great time to hike. October is also a time when both locals and regular visitors start think about the coming winter and skiing. Many of the ski and snowboard shops are having great sales in Continue Reading
September North Tahoe – Truckee Market Activity Report
This report is for Single Family Home activity in the North Tahoe, Squaw Valley and Truckee area (excluding Donner Summit and Surrounding Area) for September 2107, 9/1/17 through 9/25/17. Source: Tahoe Sierra Multiple Listing Service. • 77 New Single Family Home Listings. Down 19% from September 2016 (95 Listings). • 119 Single Family Homes Sold. Down 8% from September 2016 (129 Sold). • Continue Reading
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