July 2023 Market Report contributed by Jeff Brown – Tahoe Mountain Realty Broker/Owner Greetings; The summer surge is alive and well for Tahoe Truckee real estate. June and July have delivered nearly the same number of residential transactions as the first five months of 2023 combined. This pulse has coincided with a myriad of factors including the waning of an historic winter, easing of Continue Reading
2nd Q Truckee Tahoe Community Sales Numbers
Truckee Tahoe MLS 2nd Quarter 2022 Community Sales Numbers Following Communities Included: Resort/Golf Communities – Gray’s Crossing / Lahontan / Martis Camp / Old Greenwood / Pine Forest / Schaffer’s Mill / Tahoe Donner Ski Resort Communities – Alpine / Northstar / Squaw / Sugar Bowl Lake Communities – Donner Lake / Tahoe Lakefronts / Tahoe Basin (North Lake-Tahoe City-West Continue Reading
May Tahoe Mountain Realty Report
May 2023 Market Report contributed by Jeff Brown – Tahoe Mountain Realty Broker/Owner Greetings; The end of an abundant winter has brought a renewed sense of activity for the Tahoe Truckee real estate market. Headwinds in the form of limited inventory, compromised roads and economic uncertainty combined to constrain residential sales activity in the early months of 2023. May was Continue Reading
1st Q Truckee Tahoe Community Sales Numbers
Truckee Tahoe MLS 1st Quarter 2023 Community Sales Numbers Following Communities Included: Resort/Golf Communities – Gray’s Crossing / Lahontan / Martis Camp / Old Greenwood / Pine Forest / Schaffer’s Mill / Tahoe Donner Ski Resort Communities – Alpine / Northstar / Squaw / Sugar Bowl Lake Communities – Donner Lake / Tahoe Lakefronts / Tahoe Basin (North Continue Reading
April Tahoe Mountain Realty Report
April 2023 Market Report contributed by Jeff Brown – Tahoe Mountain Realty Broker/Owner Greetings; The current state of Tahoe – Truckee real estate reflects a market struggling to find identity. Buyers and sellers both perceive leverage over one another leading to conflicting metrics that reflect record low transaction volume, an equally tight supply of available listings, Continue Reading
March Tahoe Mountain Realty Report
March 2023 Market Report Presented by Jeff Brown – Tahoe Mountain Realty Broker/Owner Greetings; Historic snow, bank failures, road closures and painfully thin supply merged in March to create one of the quietest months for residential closings in the recent history for Tahoe Truckee real estate. Yet, despite only 48 residential transactions, average and median pricing for the month Continue Reading
February Tahoe Mountain Realty Report
February 2023 Market Report Presented by Jeff Brown – Tahoe Mountain Realty Broker/Owner Greetings; The Tahoe Truckee real estate market continues to show signs of a meaningful rally in activity yet remains constrained by painfully thin inventory. February 2023 posted results nearly identical to January in volume but edging slowly upward in value. 52 residential transactions is a Continue Reading
January Tahoe Mountain Realty Market Report
January 2023 Market Report Presented by Jeff Brown – Tahoe Mountain Realty Broker/Owner Greetings; A prevailing sense of optimism for Tahoe Truckee real estate at the outset of 2023 overrides lackluster data from a historically slow January. Abundant snow has Tahoe showing in an optimal winter condition delivering interest in mountain lifestyle. January transactions were Continue Reading
4th Q & 2022 Year End Truckee Tahoe MLS Sales
Truckee Tahoe MLS 4th Quarter & 2022 Community Sales Numbers Following Communities Included: Resort/Golf Communities – Gray’s Crossing / Lahontan / Martis Camp / Old Greenwood / Pine Forest / Schaffer’s Mill / Tahoe Donner Ski Resort Communities – Alpine / Northstar / Squaw / Sugar Bowl Lake Communities – Donner Lake / Tahoe Lakefronts / Tahoe Basin (North Lake-Tahoe Continue Reading
Lowest Inventory in 20+ Years
This graph says it all for this market. Hard for prices to go down, or adjust at all, without inventory. The market is looking for declining prices but with inventory this tight that just can't happen. This is basically the lowest inventory we have seen in 20+ years. This market likely will not see any market wide price movement until early summer after we see increased inventory Continue Reading
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