Tahoe Truckee Average Price Per Square Foot 2008 vs. 2009

Many have been asking “Have we hit bottom yet?” From some of the numbers we have seen, it really depends on which price band you are looking at. According to some market numbers, we see that some price bands are actually going up.

Where are the best deals out there right now? Which price range has seen the most signicant drop and where are the best values? The following charts show the average price/square foot for homes sold in 2008 compared to 2009. The first graph shows numbers for the entire MLS. The second is for homes in Tahoe Donner, third for homes on the North Shore, and last for homes on the West Shore. The charts are broken down by price band for each year.

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