Current Listings in Northstar By Age
April 15, 2009
The graphs below show the active single family homes and active condos listings in Northstar. The graphs break down the active listings by the age of the properties. There are not many newly constructed homes listed in Northstar. It is also interesting to note that most condos in Northstar with built in the 1970s and 2007. Click on the images below for enlarged versions of the graphs.
Northstar Best Buy
April 14, 2009
This great property is definitely one of the best buys in Northstar! The home was originally listed for $2,600,000 and is now listed for $1,895,000. Some of the features of this home include an indoor swimming pool! Click on the link below for more info.
Tahoe Donner 1st Quarter Sales Stats 2008 vs. 2009
April 13, 2009
I have personally closed 4 homes in this quarter and can attest to the leverage that is present in negotiating the purchase price on homes these days. Now more than ever is the time to make offers. Not only do we have the declining market ( “where’s the bottom”) factor we also have the traditional selling season here in Truckee coming to its annual slack time. Both of these factors affords an element of “take the offer and get out now.” It would also be in the best interest of any buyer or investor to get what they really like during this period of high quality inventory choices.
The graphs below show first quarter sales statistics for Tahoe Donner in 2008 compared to 2009. The number of homes sold is down 10% compared to this time last year. We have also seen quite a few homes sold in the $400K and under price range this year compared to last. Click on the images below for enlarged versions of the graphs.
Tahoe Donner Weekly Market Update
April 12, 2009
12 new homes came on the market in Tahoe Donner this past week. There are now a total of 143 active single family homes listed. 4 homes went pending and there are now a total of 18 Tahoe Donner Homes under contract. Of the homes that went pending last week, 3 were listed in the $400K-$500K range, and 1 was listed for $815K. 1 home sold this past week. It was originally listed for $499K, on the market for 425 days, and sold for $315K. The absorption rate in Tahoe Donner is currently 13% and there is approximately 8 months of inventory remaining. Click on these links for current listed Short Sales in Tahoe Donner and Tahoe Donner REOs.
Truckee Real Estate Sales Stats
April 12, 2009
The following shows the sales in the Truckee area for the week of April 5-11, 2009. The information was taken from our local multiple listing service.
| AREA | Current homes/ condos | # Shrt Sals | # REO | Low | High | Avg. | Avg. days listed | SFR Pend-ing | Sold SFR | |
| Tahoe Donner | 143 | 24 | 15 | 1 | $313K | $2,250K | $871,510 | 148 | 18 | 1 |
| Sierra Meadows/ Prosser | 41 | 1 | 7 | 0 | $289K | $4.5 mil. | $799,236 | 148 | 3 | 0 |
| Lahanton | 30 | 0 | 1 | 1 | $1,150K | $4,695K | $2,361,333 | 230 | 0 | 1 |
| Gray’s Crossing/ Old Green. | 22 | 2 | 2 | 2 | $1,195K | $3,995K | $1,782,752 | 263 | 3 | 0 |
| Northstar | 38 | 83 | 0 | 0 | $699K | $3,400K | $1,408,839 | 246 | 2 | 0 |
| Alpine M./ Squaw Vly. | 48 | 110 | 0 | 0 | $539K | $4,900K | $1,708,822 | 203 | 2 | 0 |
| Donner Lake | 31 | 11 | 2 | 0 | $319,900 | $3,950K | $1,079,090 | 184 | 1 | 0 |
| Glenshire/ Devonshire | 48 | 0 | 15 | 0 | $270K | $12,000K | $959,237 | 157 | 5 | 0 |
