Truckee Weekly Sales Stats

The following is a chart showing sales in Truckee for the past week. The information was taken from the Tahoe Sierra Board of Realtors and reflects data for November 9 - 16, 2008.

AREA	Current homes/ condos		Low	High	Avg.	Avg. days listed	SFR Pend-ing	Sold SFR
Tahoe Donner	159	24	$359,900	$4.2 mil.	$975,931	141	13	2
Sierra Meadows/ Prosser	41	1	$339,500	$4.5 mil.	$812,170	126	7	0
Lahanton	31	0	$1,549K	$7,950K	$2,968,193	239	0	0
Gray’s Crossing/ Old Green.	36	5	$899K	$3,995K	$1,877,250	149	1	0
Northstar	36	67	$749K	$4,950K	$1,511K	196	1	0
Alpine M./ Squaw Vly.	44	84	$560K	$5,250K	$1,726,647	164	3	0
Donner Lake	28	3	$329,900	$3,950K	$1,176,421	189	0	0
Glenshire/ Devonshire	58	0	$275K	$2,950K	$734,077	138	5	0

Weekly Sales Graph for Truckee Area

Here is a graph showing sales for the past week in the Truckee area. The information was taken from our Tahoe Sierra Multiple Listing Service and the data is for sales from November 2 - November 9, 2008.

AREA	Current homes/ condos		Low	High	Avg.	Avg. days listed	SFR Pend-ing	Sold SFR
Tahoe Donner	161	24	$359K	$4.2 mil.	$968,990	136	14	5
Sierra Meadows/ Prosser	43	1	$339K	$4.5 mil.	$759,311	128	6	0
Lahanton	31	0	$1,549K	$7,950K	$3,063,612	247	0	0
Gray’s Crossing/ Old Green.	36	5	$899K	$3,995K	$1,879,194	143	1	0
Northstar	36	66	$749K	$4,950K	$1,514,777	202	1	0
Alpine M./ Squaw Vly.	46	85	$560K	$5,250K	$1,711,358	160	2	0
Donner Lake	29	3	$329,900	$3,950K	$1,161,920	182	0	0
Glenshire/ Devonshire	59	0	$275K	$2,950K	$745,577	143	5	0

Truckee Weekly Sales Graph

Here is a graph for weekly sales in the Truckee area. The information was taken from our Tahoe Sierra Multiple Listing Service and the data is for sales from October 26 - November 2, 2008.

AREA	Current homes/ condos		Low	High	Avg.	Avg. days listed	SFR Pend-ing	Sold SFR
Tahoe Donner	162	22	$359,900	$4,200K	$972,187	132	16	5
Sierra Meadows/ Prosser	47	1	$330K	$4,500K	$792,731	120	4	1
Lahanton	31	0	$1,549K	$7,950K	$3,162,951	266	0	0
Gray’s Crossing/ Old Green.	32	5	$899K	$3,995K	$1,860,187	148	2	0
Northstar	37	64	$749K	$4,950K	$1,545,702	198	1	1
Alpine M./ Squaw Vly.	45	87	$560K	$4,900K	$1,648,833	185	2	1
Donner Lake	29	3	$329,900	$3,950K	$1,185,717	168	0	0
Glenshire/ Devonshire	59	0	$275K	$2,499K	$739,120	140	5	3

Truckee Weekly Sales Update

Here is a sales graph for different areas in and around Truckee for the week of October 19-26, 2008.

AREA	Current homes/ condos		Low	High	Avg.	Avg. days listed	SFR Pend-ing	Sold SFR
Tahoe Donner	163	23	$359K	$4.2 mil.	$985,345	135	20	4
Sierra Meadows/ Prosser	47	1	$330K	$4.5 mil.	$724,625	121	5	0
Lahanton	32	0	$1,549K	$7,950 K	$3,182,515	277	0	1
Gray’s Crossing/ Old Green.	34	5	$1,079K	$3,995K	$1,905,147	166	1	0
Northstar	37	65	$749K	$4,950K	$1,606,243	198	1	1
Alpine M./ Squaw Vly.	51	88	$499K	$5,750K	$1,663,990	188	2	0
Donner Lake	45	3	$299K	$3,950K	$1,072,682	200	0	1
Glenshire/ Devonshire	61		$275K	$2,499K	$731,591	133	6	1

Opportunity in Tahoe and Reno Real Estate Market

The Lake Tahoe and Reno real estate market is right in step with national trends, as our third quarter report shows little increase in sales and prices. Truckee, however, continues to show signs of life with strong sales in million-dollar homes and average prices relatively un-phased by the rest of the market.

Truckee seems to be the anomaly, offering some positive indicators. The average price of a home in Truckee was up two percent to $825,312 and the median price held steady at $631,000. Homes sold under the million-mark were down 14 percent while homes sold for more than $1 million jumped 33 percent. Overall volume sold in Truckee was down five percent and units sold were down six percent. 

Here are some year to date stats for the Truckee area. It’s encouraging to see that for homes sold in Tahoe Donner, there was a 43% increase in home sales (31 in 2007 and 55 in 2008). For condo sales so far, there is a 25% increase in sales this year (6 in 2007 and 8 in 2008).

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