Welcome to Truckee Realty Blog! On this site you can find up to date information on the real estate market in Truckee including weekly Tahoe Donner market updates, market stats, neighborhood information about Truckee, in depth market updates for the Truckee Real Estate Market by price band, and much more! Feel free to actively participate by asking questions or leaving comments to discuss the market in Truckee.
January 2, 2012
The following chart shows some of the real estate sales data for Lake Tahoe and Truckee for 2011. The graph represents single family home sales only and breaks down the sold properties by area. Most of the home sales activity this year has been in Tahoe Donner with 212 homes selling. The most expensive sold home sold year to date was on Lake Tahoe’s West Shore for $6.4 million.
The information was taken from the Tahoe Sierra Multiple Listing Service and is for the dates of January 1-December 31, 2011.
January 2, 2012
This graph shows what homes sales have done in Tahoe Donner over the past 6 years (2005-2011). The average price/sq. ft. for home sales has continued to go down and is currently at the lowest it has been for the past 6 years. The average price/sq. foot for home sales in 2011 for single family homes in Tahoe Donner was $252.26. This shows that now is a great time to buy a home if you are in the market!
Click on the image below for enlarged version of the graph.
January 2, 2012
This graph represents sales stats for year end numbers for the past 6 years (2005-2011). The areas represented are Alpine Meadows, Squaw Valley and Northstar. The graph shows average price/square foot and number of homes sold for single family homes sold each year.
The average price/square foot of home sales has gone down in Squaw Valley and Northstar this past year compared to 2010. Alpine Meadows saw a slight dip but stayed close to the same number in 2011. The number of homes sold in Northstar this past year went way up compared to years past. 29 single family homes sold in Northstar. This is the largest number we have seen in the past 6 years!
The information was taken from the Tahoe Sierra Multiple Listing Service. Click on the images below for an enlarged version of the graph.
December 9, 2011
The following chart shows some of the real estate sales data for Lake Tahoe and Truckee for 2011 year to date (January 1-December 9, 2011). The graph represents single family home sales only and breaks down the sold properties by area. Most of the home sales activity this year has been in Tahoe Donner with 200 homes selling. 108 homes sold in Lake Tahoe’s North Shore. The most expensive sold home sold year to date was on Lake Tahoe’s West Shore for $6.4 million.
The information was taken from the Tahoe Sierra Multiple Listing Service and is for the dates of January 1-December 9, 2011.
December 9, 2011
Although Truckee has not been hit too hard with short sales and REOs (compared to other markets), we are starting to see more sales for short sales and REOs. The following graphs compare real estate sales for single family homes that were short sales compared to REOs and standard sales. All graphs represent single family homes in Donner Lake, Lahontan, Martis Camp, Truckee and Tahoe Donner. The numbers in white represent the number of home sales each month for each category.
The first graph shows the average original list to sales price for single family home sales for short sales, REOs, and standard sales. The second graph shows the average days on market for home sales for the same 3 categories – short sales, REOs and standard sales.
The information was taken from the Tahoe Sierra Multiple Listing Service. Click on the images for enlarged versions of the graphs.
Avg. Original List to Sales Price REO, SS, Standard
Avg. DOM SS REOs
December 9, 2011
As with most real estate markets, the Truckee real estate market has seen a growing number in short sales and REOs over the past few years. But how many of the homes that are selling are short sales or REOs and how many are standard?
The following graphs represent single family home sales in the first quarter for the entire Truckee area (Truckee, Tahoe Donner, Donner Lake, Lahontan, and Martis Camp). The first graph shows numbers in 2010 – 57% of home sales were standard sales, 21% were short sales, and 22% were REOs. The second graphs shows numbers for 2011 (1/1/11-12/9/11) – 57% were standard, 21% were short sales, and 22% were REOs. (These percentages are the exact same in 2010 as in 2011). The last graph shows the percentages of single family homes currently on the market – 85% are standard, 9% are short sales, and 6% are REOs.
This information was taken from the Tahoe Sierra Multiple Listing Service. Click on the images for enlarged versions of the graphs.
November 22, 2011
A short sale means that the property is being sold for less than the balance of what is owed on the property. An REO (Real Estate Owned) is a property that has already been through the foreclosure process and is in possession of the bank. Click on the links below to see current short sales and REOs in the Truckee area.
Alpine Meadows/Squaw Short Sales
Donner Lake Short Sales & REOs
Tahoe Donner Short Sales & REOs
West Shore Lake Tahoe Short Sales & REOs
November 8, 2011
Homes for Heroes is a national program dedicated to providing real rebates and discounts to public workforce heroes when they buy or sell a home.
That depends on what you do for the community. This programs rewards the public workforce that serves our community. Tis is not a government program with limitations. This is the private sector giving back. You can buy or sell any home in any area of our country.
Savings will depend on the sales price. As an example, a $300,000. House would receive over $2,000 in credits and discounts from all the vendors involved. This service is FREE. There is no cost to you and no hidden fees. All cost are covered by the local participating vendors.
Click on the link to download flier or view HomesForHeroes.com.
On Veterans Day- we salute many folks that have served our country. But Deborah Lewis at Truckee Realty Brokers wants to celebrate local heroes all the time!
She is proud to announce her affiliation with the Homes for Heroes® program. It’s an opportunity to say… Thanks! to all hometown heroes that serve our community- not just veterans of the military but firefighters, paramedics, police officers, teachers and more!
Contact Deborah at Truckee Realty Brokers to see how Homes for Heroes can offer heroes considerable savings when buying or selling a home. The Homes for Heroes program is a partnership of real estate professionals with the sole purpose of offering savings to our heroes.
Contact Deborah today at 530- 205-7702 ~ say “twice”
or Email: Deborah@truckeerealtybroker.com.
October 21, 2011
Truckee Real Estate Market Numbers
This graph shows real estate sales for Truckee during the 3rd quarter. The numbers represent single family home sales in Truckee including Martis Camp, Northstar and Donner Lake for the dates July 1 – September 30. The years represented are 2005-2011. The most dramatic change in 2011 is the number of homes selling in the $399K and under range. We have not seen so many in past years!
Real estate information was taken from the Tahoe Sierra MLS. Click on the image for an enlarged version of graph.
Truckee Price Banding 3rd Quarter
October 21, 2011
Tahoe Donner Real Estate Update
This graph represents single family home sales in Tahoe Donner for the 3rd quarter. Home sales are broken down by price banding for each year. Real estate information was taken from the Tahoe Sierra MLS. Click on the image for an enlarged version of graph.
Tahoe Donner Price Banding - 3rd Quarter
