Truckee Real Estate - Deborah Lewis » Northstar

Truckee Real Estate Ski Resort 3rd Quarter Stats 2011

admin — Sun, 02 Oct 2011 20:24:27 +0000

Alpine Meadows, Squaw Valley and Northstar Real Estate Update

The following graphs shows some of the Truckee and Lake Tahoe real estate stats in the ski resort areas. The numbers are for the 3rd quarter (July 1-September 30) for the years 2005-2011. The numbers represent single family home sales in Alpine Meadows, Squaw Valley, and Northstar.

The first graph shows the average price/square foot for home sales in each area. The second graph shows the number of homes sold for the first quarter in each area.

The information was taken from the Tahoe Sierra Multiple Listing Service. Click on the images below for an enlarged versions of the graphs.

Northstar Real Estate Update

admin — Wed, 28 Sep 2011 16:20:11 +0000

Northstar Real Estate Update

Below is a breakdown of the Northstar Real Estate market for Jan.1st to Aug. 31st 2011.

NORTHSTAR HOMES
18 single family homes sold consisting of 3 REOs, 1 short sale and 14 standard status closings. An average of 159 days on the market. With an average sold price of $930,514.There are 5 homes currently in escrow and 34 active homes listed on the MLS. The absorption rate is 15%.

BIG SPRINGS (NORTHSTAR HOMES)
3 Big Springs homes have sold, all standard status closings. An average of 159 days on the market. With an average sold price of $2,101,666. 2 homes are currently in escrow with 9 active homes listed. The absorption rate is 22%.

NORTHSTAR CONDOS
23 Northstar condos have sold. 16 of these were in the Village at Northstar, of the 16, there were 3 REOs and 3 short sales. The average days on market were 169 days. The average sold price was $591,152. There are currently 8 condos under contract and 55 active condos listed… The absorption rate is around 15%.

NORTHSTAR HIGHLANDS
There have been no sales at the Highlands in 2011. 13 properties are currently in escrow and there are 9 properties listed. The current absorption rate is around 144%!

Truckee Real Estate Ski Resort 2nd Quarter Stats 2011

admin — Fri, 15 Jul 2011 15:31:52 +0000

The following graphs shows some of the Truckee and Lake Tahoe real estate stats in the ski resort areas. The numbers are for the 2nd quarter (April 1-June 30) for the years 2005-2011. The numbers represent single family home sales in Alpine Meadows, Squaw Valley, and Northstar.

The first graph shows the average price/square foot for home sales in each area. The second graph shows the number of homes sold for the first quarter in each area.

The information was taken from the Tahoe Sierra Multiple Listing Service. Click on the images below for an enlarged versions of the graphs.

Vail Has Purchased Northstar!

admin — Mon, 13 Dec 2010 22:16:52 +0000

The rumors are true – Northstar has just changed ownership! Vail Resorts has purchased the ski resort. Here is an article giving the details of this recent ski resort purchase…

As you may have heard recently, Vail Resorts has acquired the ski and resort operations of Northstar-at-Tahoe™ Resort. Vail Resorts is the leading mountain resort operator in the United States and operates the mountain resort properties of Vail, Beaver Creek, Breckenridge and Keystone in Colorado along with Heavenly Mountain Resort and Northstar-at-Tahoe™ Resort in Lake Tahoe, California.

Northstar-at-Tahoe™ Resort fits perfectly into Vail’s family of world-class mountain resorts. Its substantial and diverse ski terrain, top snow conditioning and grooming, family-focused staff, completely renovated and modern base village with retail and dining offerings and acclaimed guest services throughout have combined to make Northstar-at-Tahoe one of the fastest growing mountain resorts over the past few years. Last winter the resort hosted over 700,000 skier visits.

A winter sports paradise, Northstar offers 19 lifts, 93 ski trails spread across 3,000 acres, snowmaking that covers 50 percent of the ski trails, seven terrain parks and snow sports including alpine and telemark skiing, snowboarding, cross-country skiing, snowshoeing and tubing.

For more information about Northstar or to purchase your season pass, click here.

SunChaser Challenge at Northstar

admin — Wed, 19 May 2010 15:11:55 +0000

The SunChaser Challenge is this Saturday, May 22nd at Northstar! Events include running, mountain biking, kayaking, paddle boarding, road biking and basic navigating. This is a team event and the challenge is to “save” the endangered animals with each discipline.

There is also a 10K trail run at Lake Tahoe starting at 11:00 a.m.

Click here for more information or to register for this fun event!

Alpine, Squaw & Northstar 1st Quarter Graphs

admin — Thu, 01 Apr 2010 16:37:25 +0000

The following graphs show some real estate market numbers for local ski resort areas. The graphs display sold properties for single family homes in 2005-2010.

The first graph shows the number of sold homes for the first quarter for each year. Each resort area has seen an improvement in the number of homes sold this year compared to the past couple years. The number of sold homes in Northstar has gone up the most with 7 homes selling so far this year.

The second graph compares the average price/sq. ft. for homes sold in the first quarter for each year. The average in Alpine Meadows went up a little from last year. The average price/sq. ft. for home sales in Squaw Valley and Northstar are lower than last year.

Click on the images below for enlarged versions of the graphs.

Black Tie and Tails Event at the Ritz

admin — Fri, 12 Feb 2010 18:47:53 +0000

The Second Annual Event of the Black Tie and Tails is taking place tomorrow night at the Ritz Carlton. This is a great event to help support the Humane Society in Truckee.

Saturday, February 13, 2010 6:00pm – 11:00pm

Location: The Ritz-Carlton Highlands at Northstar

For more details about this great event click here.

Median & Average Home Sale Prices 2004-2009

admin — Fri, 12 Feb 2010 00:13:31 +0000

The following graphs compare median and average home sale prices for the years 2004-2009. The first graph shows numbers for the Truckee area and Donner Lake. The second graph shows numbers for Tahoe Donner and the last graph for Northstar. Click on the images below for enlarged versions of the graphs.

Quarterly Sales Graphs 2004-2009

admin — Tue, 09 Feb 2010 21:54:11 +0000

These graphs show sold properties broken down by area and by quarter. The first graph shows properties sold for each quarter from 2004-2009. The areas included are: Truckee, Donner Lake, Martis Valley and Lahontan. This graph shows improved numbers for almost every quarter in 2oo9 – especially the 4th quarter with 82 homes selling! The second graph is for properties selling in Tahoe Donner only and also shows improved numbers for each quarter. The last graph shows sold properties in Northstar with the biggest jump in home sales in the 3rd quarter for 2009. Click on the images below for enlarged versions of the graphs.

Alpine Meadows, Northstar, & Squaw Valley Avg. $/Sq. Ft.

admin — Sat, 16 Jan 2010 19:38:55 +0000

The following graph shows the average price/sq. ft. for homes sold in some of the ski resort locations in Truckee. The numbers compare sold prices in Alpine Meadows, Northstar and Squaw Valley for 2004 – 2009. According to this graph, homes that sold in 2009 in Apine Meadows sold for around what they were in 2004. Squaw Valley prices are close to what they were in 2005-2006. And Northstar homes are below what they were selling for in 2004. It’s a great time to buy property in the area!

Click on the image below for an enlarged version.