Week Ending September 13th – Truckee Tahoe MLS Activity 

Truckee / Tahoe Market Update

Week Ending September 13th – Truckee Tahoe MLS Activity        

 

  38 Sold Properties for $64,071,000

   628 Actives – 459 SFR/Condos & 169 Land

  221 Pending Properties

25 Price Reductions

 35 New Listings 

Listing of the Week

Price Reduction Alert: This Schaffer’s Mill townhome now offers the lowest ppsf (price per square foot) among the modern style townhomes currently on the market. In fact, closing at list price would mark the lowest ppsf of a modern townhome sold in the community in two years. This is an exceptional property whose time on the market has purely been a matter of timing. Demand for townhomes in Schaffer’s Mill has surged, with 17 closing so far this year. Buyers clearly desire the private golf and ski community access in Truckee-Tahoe and the Schaffer’s Mill townhomes offer the lowest barrier to entry. Reach out anytime if you would like to discuss the details, or even better, come up and see the property yourself over Labor Day Weekend.

 

Sale of the Week

9233 Heartwood recently sold for $3,920,000 ($1,040/ppsf), marking the 9th sfr (single family residence) sale in Schaffer’s Mill this year. Notably, 7 of those 9 sales closed above $1,000/ppsf. As ppsf consistently stays above $1,000 for a sfr, the lower entry point of the Schaffer’s Mill townhomes becomes more alluring. Thus, the 17 sales ytd pointed out above, have become a strong option for golf and ski enthusiasts seeking a private and gated community experience.

 

Cheers,

Doug