Truckee Short Sales & REOs
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
Northstar Real Estate Update
September 28, 2011
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
July 15, 2011
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.
Noel Nights at Northstar
December 10, 2009
Don’t miss out on the fun Christmas activities in the Village at Northstar! During the first 3 Thursdays of December there are all kinds of festivities in Northstar. Tonight from 5:00-8:00 there are ice skating performances on the rink and a high school jazz band perfomance. Click here for more details about these activities you won’t want to miss!
Northstar Ski Resort Now Open!
December 1, 2009
It’s that time of year! The ski resorts around Lake Tahoe and Truckee are opening! Northstar-at-Tahoe just opened last week with 6 lifts running and 11 trails accessible. For information about snow conditions and ski passes click here.
Thinking about getting that ski cabin or condo? There are some great deals out there for buyers! Click on the links below for active listings in some of Truckee’s best ski resort communities!
Northstar Homes for Sale
Northstar Condos for Sale
Alpine Meadows Homes for Sale
Alpine Meadows Condos for Sale
Squaw Homes for Sale
Squaw Condos for Sale
