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North Lake Tahoe, Squaw Valley & Truckee Real Estate

North Tahoe – Truckee Real Estate Market Report, Mid-May 2018

The North Tahoe – Truckee Market activity is continuing to be strong and moving upward in price of homes that are selling.  We are still lower in inventory than we were last year at this time but the amount of listed homes is increasing.  As of May 7th the number of Single Family Home listings is 14% higher than a month ago.  This is due to two factors; the rate of new listing coming on the market since mid April has increased (+37%) and the rate of existing listings closing escrow... Read more »

Spring Weather and Spring Activities at Lake Tahoe

Now that it is Spring we are experiencing our usual mixture of both beautiful warm sunny days and cold rainy or snowy days.  Lake Tahoe is full to within a few inches of its natural rim and locals have been breaking out their kayaks and paddle boards and spending time on the water.  Due to the “Miracle March” we had the skiing is quite good.  Squaw Valley and Alpine Meadows have plans to stay open through Memorial Day.  The rest of the ski resorts in the Tahoe area will be... Read more »

Million Dollar Home Sales Lead Strong 1st Qtr. Tahoe Market

Sales of single family homes at Lake Tahoe priced over $1 million increased by 68% in the 1st quarter of 2018 compared to the same period last year.  Those under $1 million decreased by 6%.  Median Price increased 25% to $665,000 and Average Price increased by 20% to $944,177.  The number of units sold increased by 5%. Condominium sales showed a similar trend.  While the number of units sold in the 1st quarter only increased by 2%, the number of higher priced condominiums (over... Read more »

2015 Tour of California Winner Peter Sagan Brings Bike Event to Truckee

Peter Sagan along with Bike Monkey will host a three day gravel and dirt bike event called Sagan Fondo in Truckee May 3rd through May 5th.  The main event is a 67.5 mile race on dirt, gravel and paved roads passing several lakes through a beautiful mountain environment where participants will climb a total of 5,500 feet.  Saturday will be here will be a party in Truckee with vendors and live music.  Click on the Sagan Fondo link below for a race map and more details. The three day... Read more »

Two New Developments in Squaw Valley

There are two new developments in Squaw Valley, one has final Bureau of Real Estate approval and has started construction. The other has been delayed for one year due to the tremendous response to this offering.  The developer is now working a reconfiguration of the hotel building to accommodate more condominiums.  Both have started their sales program.  Here are the details. Palisades at Squaw Valley is located at the east end of the valley near to the entrance.  It... Read more »

North Tahoe – Truckee Real Estate Market Report, Mid-March 2018

In the North Tahoe – Truckee area we are still low on inventory but our sales activity is very strong.  As of March 14, in the last 30 days we closed escrow on 70 Single Family homes with a Median Price of $667,500 compared to 35 closed escrows with a Median Price of $595,000 in the same 30 day period last year.  That is a 100% increase in units sold and a 12% increase in Median Price.  The number of new Single Family home listings in the last 30 days was 72, two units less than... Read more »

Mid February 2018 North Tahoe – Truckee Real Estate Market Report

The North Tahoe – Truckee real estate market is off to a good start for 2018.  Even though we are low in the number of property listings, in the first 45 days of this year the total dollar volume of Residential Properties sold was 21% higher than at the same time last year.  The number of units sold decreased by 4%, while the Average Price of properties sold increased by 27%.  This is a sign of property values increasing.  We continue to be in a Sellers Market. As of today,... Read more »

9% Increase in Lake Tahoe and Truckee Single Family Home Sales In 2017

The residential real estate market in the entire Lake Tahoe and Truckee area was very strong with impressive growth in 2017.  Single family home sales increased in dollar volume by $171, 634,083, an increase of 9% over 2016.  The condominium market was also very strong, except in Truckee which saw a reduction in dollar volume and units sold by 1%.  In the Lake Tahoe market condominium sales increased in dollar volume by 33% and units sold by 14%. The market has definitely gone up in... Read more »

Squaw Alpine Seeks Community Support For Base To Base Gondola

In an October 25th post on their web site Squaw Valley Alpine Meadows announced that they are intending to open the proposed Base to Base Gondola, which they are naming the California Express, for the 2019 – 2020 ski season.  In that post they are also asking for loyal resort guests and local community support.  This proposal is currently under review by both Placer County and the US Forest Service.  It has generated some opposition by environmentalists but seems to have wide... Read more »

3rd Quarter 2017 Lake Tahoe & Surrounding Area Market Report

Home sales in the Tahoe market were slower in the 3rd quarter than in the first half of the year but still strong.  Total Dollar Volume was 5% higher than at the end of the 3rd quarter of 2016 however Total Units Sold was 7% lower.  Median Price was 1% higher and Average Sales Price 13% higher that last year.  Condominiums sales were much stronger that last year.  Total Dollar Volume of condominium sales was up 35%, Units Sold up 15%, Median Price up 11% and Average Price up 20%.  I... Read more »

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