micromarket report truckee - tahoe real estate...

Q U A R T E R 3 2 0 1 5 | W W W. TA H O E M I C R O R E P O R T S . C O M

MICROMARKET REPORT TRUCKEE|

Based on Information from Tahoe Sierra Board of Realtors and Tahoe Sierra Multiple Listing Service. for the period 01/01/13 through 06/30/13. This representation is based in whole or in part on data supplied by Tahoe Sierra Board of Realtors and Tahoe

Sierra Multiple Listing Service. Tahoe Sierra Board of Realtors and Tahoe Sierra Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market.

MICROMARKET REPORT | TRUCKEE

QUARTER 3 2015 | TAHOEMICROREPORTS.COM

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TRUCKEE NEIGHBORHOODS

1. Sierra County

2. Donner Summit

3. Donner Lake

4. Tahoe Donner

5. Truckee

6. Gray’s Crossing

7. Old Greenwood

8. Lahontan

9. Martis Valley

10. Northstar

3

425

6 7

89

10

Based on Information from Tahoe Sierra Board of Realtors and Tahoe Sierra Multiple Listing Service. for the period 01/01/13 through 06/30/13. This representation is based in whole or in part on data supplied by Tahoe Sierra Board of Realtors and Tahoe

Sierra Multiple Listing Service. Tahoe Sierra Board of Realtors and Tahoe Sierra Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market.

MICROMARKET REPORT | TRUCKEE

QUARTER 3 2015 | TAHOEMICROREPORTS.COM

TRUCKEE MARKET | MARKETS BY AREATRUCKEE MARKET | MARKETS BY AREA

SIERRA COUNTY SINGLE FAMILY January through September 2014 2015 % ChangeMedian Price ...................................................... $188,750 ..... $150,000 ............ -21%Average Price ..................................................... $275,722 ..... $210,708 ............ -24%Average Days on Market ......................................... 127 ............174 ............. 37%Highest Price ...................................................... $900,000 ..... $429,000 ............ -52%Lowest Price ...................................................... $38,500 ...... $30,000 ............ -22%Properties Sold ................................................... 18 ............. 12 ............ -33%% Sold Price to List Price ........................................ 95% ........... 93% .............. -2%

DONNER SUMMIT SINGLE FAMILY January through September 2014 2015 % ChangeMedian Price ...................................................... $450,000 ..... $437,000 .............. -3%Average Price ..................................................... $588,826 ..... $466,903 ............ -21%Average Days on Market ......................................... 91 ............. 77 ............ -15%Highest Price ...................................................... $2,500,000 ...$1,080,000 ............ -57%Lowest Price ...................................................... $205,000 ..... $100,000 ............ -51%Properties Sold ................................................... 30 ............. 38 ............. 27%% Sold Price to List Price ........................................ 94% ........... 98% ............... 3%

TAHOE DONNER SINGLE FAMILY January through September 2014 2015 % ChangeMedian Price ...................................................... $615,000 ..... $610,000 .............. -1%Average Price ..................................................... $649,866 ..... $657,975 ............... 1%Average Days on Market ......................................... 47 ............. 64 ............. 36%Highest Price ...................................................... $1,622,500 ...$1,680,000 ............... 4%Lowest Price ...................................................... $241,000 ..... $310,000 ............. 29%Properties Sold ................................................... 142 ............157 ............. 11%% Sold Price to List Price ........................................ 98% ........... 98% ............... 0%

TAHOE DONNER CONDOMINIUMS January through September 2014 2015 % ChangeMedian Price ...................................................... $275,500 ..... $260,000 .............. -6%Average Price ..................................................... $261,794 ..... $261,750 ............... 0%Average Days on Market ......................................... 82 ............62...............-24%Highest Price ...................................................... $500,000 ..... $520,000 ............... 4%Lowest Price ...................................................... $53,000 ...... $50,000 .............. -6%Properties Sold ................................................... 35 ............. 25 ............ -29%% Sold Price to List Price ........................................ 97% ........... 97% ............... 0%

Based on Information from Tahoe Sierra Board of Realtors and Tahoe Sierra Multiple Listing Service. for the period 01/01/13 through 06/30/13. This representation is based in whole or in part on data supplied by Tahoe Sierra Board of Realtors and Tahoe

Sierra Multiple Listing Service. Tahoe Sierra Board of Realtors and Tahoe Sierra Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market.

MICROMARKET REPORT | TRUCKEE

QUARTER 3 2015 | TAHOEMICROREPORTS.COM

TRUCKEE MARKET | MARKETS BY AREATRUCKEE MARKET | MARKETS BY AREA

DONNER LAKE SINGLE FAMILY LAKEFRONT January through September 2014 2015 % ChangeMedian Price ...................................................... $2,000,000 ...$1,663,680 ............ -17%Average Price ..................................................... $2,435,200 ...$1,663,680 ............ -32%Average Days on Market ......................................... 219 ............316 ............. 44%Highest Price ...................................................... $3,635,000 ...$1,663,680 ............ -54%Lowest Price ...................................................... $1,325,000 ...$1,663,680 ............. 26%Properties Sold ................................................... 5 .............. 1 ............ -80%% Sold Price to List Price ........................................ 94% ........... 95% ............... 1%

DONNER LAKE SINGLE FAMILY NON-LAKEFRONT January through September 2014 2015 % ChangeMedian Price ...................................................... $485,000 ...... $483,000 ............... 0%Average Price ..................................................... $521,484 ...... $514,698 .............. -1%Average Days on Market ......................................... 100 ............203 ............ 103%Highest Price ...................................................... $1,600,000 ...... $970,000 ............ -39%Lowest Price ...................................................... $250,000 ...... $261,255 ............... 5%Properties Sold ................................................... 33 .............. 24 ............ -27%% Sold Price to List Price ........................................ 96% ............ 95% .............. -1%

TRUCKEE SINGLE FAMILY/OTHERJanuary through September 2014 2015 % ChangeMedian Price ...................................................... $472,000 ..... $490,000 ............... 4%Average Price ..................................................... $566,944 ..... $613,111 ............... 8%Average Days on Market ......................................... 52 ............. 54 ............... 4%Highest Price ...................................................... $2,000,000 ...$3,675,000 ............. 84%Lowest Price ...................................................... $235,000 ..... $295,000 ............. 26%Properties Sold ................................................... 137 ............167 ............. 22%% Sold Price to List Price ........................................ 98% ........... 97% ............... 0%

GRAY’S CROSSING January through September 2014 2015 % ChangeMedian Price ...................................................... $1,335,000 ...$1,340,000 ............... 0%Average Price ..................................................... $1,170,214 ...$1,285,000 ............. 10%Average Days on Market ......................................... 31 ............. 87 ............ 181%Highest Price ...................................................... $1,550,000 ...$1,445,000 .............. -7%Lowest Price ...................................................... $774,500 ...$1,135,000 ............. 47%Properties Sold ................................................... 7 .............. 7 ............... 0%% Sold Price to List Price ........................................ 99% ........... 97% .............. -1%

Based on Information from Tahoe Sierra Board of Realtors and Tahoe Sierra Multiple Listing Service. for the period 01/01/13 through 06/30/13. This representation is based in whole or in part on data supplied by Tahoe Sierra Board of Realtors and Tahoe

Sierra Multiple Listing Service. Tahoe Sierra Board of Realtors and Tahoe Sierra Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market.

MICROMARKET REPORT | TRUCKEE

QUARTER 3 2015 | TAHOEMICROREPORTS.COM

TRUCKEE MARKET | MARKETS BY AREATRUCKEE MARKET | MARKETS BY AREA

OLD GREENWOODJanuary through September 2014 2015 % ChangeMedian Price ...................................................... $1,435,000 ...$1,640,000 ............. 14%Average Price ..................................................... $1,467,500 .... $1,580,00 ............... 8%Average Days on Market ......................................... 181 ............252 ............. 39%Highest Price ...................................................... $2,000,000 ...$1,775,000 ............ -11%Lowest Price ...................................................... $1,000,000 ...$1,325,000 ............. 33%Properties Sold ................................................... 4 .............. 3 ............ -25%% Sold Price to List Price ........................................ 90% ........... 91% ............... 1%

LAHONTANJanuary through September 2014 2015 % ChangeMedian Price ...................................................... $1,875,000 ...$2,100,000 ............. 12%Average Price ..................................................... $2,193,611 ...$2,039,461 .............. -7%Average Days on Market ......................................... 84 ............139 ............. 65%Highest Price ...................................................... $5,850,000 ...$2,800,000 ............ -52%Lowest Price ...................................................... $1,095,000 ...$1,100,000 ............... 0%Properties Sold ................................................... 9 ............. 13 ............. 44%% Sold Price to List Price ........................................ 94% ........... 94% ............... 1%

MARTIS CAMP SINGLE FAMILYJanuary through September 2014 2015 % ChangeMedian Price ...................................................... $3,319,780 ...$4,725,000 ............. 42%Average Price ..................................................... $3,587,894 ...$4,421,093 ............. 23%Average Days on Market ......................................... 232 ............255 ............. 10%Highest Price ...................................................... $7,050,000 ...$6,800,000 ............ -4%Lowest Price ...................................................... $2,500,000 ...$2,035,000 ............ -19%Properties Sold ................................................... 23 ............. 16 ............ -30%% Sold Price to List Price ........................................ 96% ........... 96% ............... 0%

NORTHSTAR SINGLE FAMILYJanuary through September 2014 2015 % ChangeMedian Price ...................................................... $840,000 ..... $800,000 .............. -5%Average Price ..................................................... $945,161 ...$1,072,333 ............. 13%Average Days on Market ......................................... 205 ............213 ............... 4%Highest Price ...................................................... $1,850,000 ...$3,500,000 ............. 89%Lowest Price ...................................................... $380,015 ..... $600,000 ............. 58%Properties Sold ................................................... 27 ............. 12 ............ -56%% Sold Price to List Price ........................................ 96% ........... 92% .............. -4%

Based on Information from Tahoe Sierra Board of Realtors and Tahoe Sierra Multiple Listing Service. for the period 01/01/13 through 06/30/13. This representation is based in whole or in part on data supplied by Tahoe Sierra Board of Realtors and Tahoe

Sierra Multiple Listing Service. Tahoe Sierra Board of Realtors and Tahoe Sierra Multiple Listing Service does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market.

MICROMARKET REPORT | TRUCKEE

QUARTER 3 2015 | TAHOEMICROREPORTS.COM

TRUCKEE MARKET | MARKETS BY AREATRUCKEE MARKET | MARKETS BY AREA

NORTHSTAR CONDOMINIUMSJanuary through September 2014 2015 % ChangeMedian Price ...................................................... $420,000 ..... $380,000 .............. -10%Average Price ..................................................... $972,746 ..... $571,969 .............. -41%Average Days on Market ......................................... 97 ............110 ............... 13%Highest Price ...................................................... $4,110,000 ...$2,025,000 .............. -51%Lowest Price ...................................................... $180,000 ..... $185,000 ................ 3%Properties Sold ................................................... 46 ............. 37 .............. -20%% Sold Price to List Price ........................................ 97% ........... 94% ............... -3%

GLENSHIRE ALL PROPERTIESJanuary through September 2014 2015 % ChangeMedian Price ...................................................... $400,000 ..... $453,750 ............... 13%Average Price ..................................................... $437,127 ..... $462,461 ................ 6%Average Days on Market ......................................... 33 ............. 28 .............. -15%Highest Price ...................................................... $699,300 ..... $755,000 ................ 8%Lowest Price ...................................................... $276,500 ..... $319,000 ............... 15%Properties Sold ................................................... 24 ............. 22 ............... -8%% Sold Price to List Price ........................................ 99% .......... 100% ................ 1%

SIERRA MEADOWS ALL PROPERTIESJanuary through September 2014 2015 % ChangeMedian Price ...................................................... $440,000 ..... $485,000 ............... 10%Average Price ..................................................... $412,564 ..... $481,200 ............... 17%Average Days on Market ......................................... 28 ............. 21 .............. -25%Highest Price ...................................................... $495,000 ..... $630,000 ............... 27%Lowest Price ...................................................... $295,000 ..... $380,000 ............... 29%Properties Sold ................................................... 14 ............. 15 ................ 7%% Sold Price to List Price ........................................ 98% ........... 99% ................ 0%

PROSSER ALL PROPERTIESJanuary through September 2014 2015 % ChangeMedian Price ...................................................... $473,500 ..... $445,750 ............... -6%Average Price ..................................................... $499,105 ..... $519,068 ................ 4%Average Days on Market ......................................... 48 ............. 51 ................ 6%Highest Price ...................................................... $810,000 ...$1,500,000 ............... 85%Lowest Price ...................................................... $310,000 ..... $295,000 ............... -5%Properties Sold.................................................... 18 ............22 ............. 22%% Sold Price to List Price ........................................ 98% ........... 98% ................ 1%

C O N N E C T E D T O

FEEDER MARKETSSierra Sotheby’s connects sellers with second home buyers from Lake Tahoe’s top feeder

markets through affiliations with over 90 Sotheby’s International Realty offices throughout Northern and Southern California.

Artisan Sotheby’s International Realty • Barnes & Associates Sotheby’s International Realty • Bay Sotheby’s International Realty • Decker Bullock Sotheby’s International Realty • Dreyfus Sotheby’s International Realty • Ewing & Associates Sotheby’s International Realty •

Healdsburg Sotheby’s International Realty • Heritage Sotheby’s International Realty • HOM Sotheby’s International Realty • Home & Ranch Sotheby’s International Realty • Pacific Sotheby’s International Realty • Sierra Sotheby’s International Realty • Sotheby’s International Realty-

Beverly Hills Brokerage • Sotheby’s International Realty-Carmel Rancho Brokerage • Sotheby’s International Realty-Carmel Valley Brokerage • Sotheby’s International Realty-Channel Islands Brokerage • Sotheby’s International Realty-Los Feliz Brokerage • Sotheby’s International Realty-Malibu Brokerage • Sotheby’s International Realty-Montecito Brokerage • Sotheby’s International Realty-Pacific Grove Brokerage • Sotheby’s

International Realty-Pacific Palisades Brokerage • Sotheby’s International Realty-Pasadena Brokerage • Sotheby’s International Realty-San Francisco Brokerage • Sotheby’s International Realty-Santa Barbara Brokerage • Sotheby’s International Realty-Santa Monica-Venice Brokerage • Sotheby’s International Realty-Santa Ynez Valley Brokerage • Sotheby’s International Realty-Sunset Strip Brokerage • Sotheby’s International

Realty-Topanga Brokerage • Sotheby’s International Realty-Westlake Village Brokerage • Sotheby’s International Realty-Wine Country Brokerage • Today Sotheby’s International Realty • Venture Sotheby’s International Realty • Vista Sotheby’s International Realty • Wheeler

Steffen Sotheby’s International Realty • Wilson & Co. Sotheby’s International Realty • Wish Sotheby’s International Realty

S I E R R A S O T H E B Y S R E A L T Y . C O M

SQUAW VALLEY1750 Village East Road #63BOlympic Valley, CA 96146(530) 581-1800info@sierrasothebysrealty.com

SOUTH LAKE TAHOE2247 Lake Tahoe Blvd.South Lake Tahoe, CA 96150(530) 494-7600info@sierrasothebysrealty.com

INCLINE VILLAGE570 Lakeshore Blvd.Incline Village, NV 89451(775) 832-4900 info@sierrasothebysrealty.com

TRUCKEE|MICROMARKET REPORT

TAHOE DONNER11382 Northwoods Blvd.#63BTruckee, CA 96161(530) 587-3505info@sierrasothebysrealty.com

TAHOE CITY GALLERY695 North Lake Blvd.Tahoe City, CA 96145(530) 282-1436info@sierrasothebysrealty.com

TAHOE CITY LAKESIDE950 North Lake Blvd.Tahoe City, CA 96145(530) 583-4004info@sierrasothebysrealty.com

DOWNTOWN TRUCKEE10044 Donner Pass RoadTruckee, CA 96161(530) 587-3500info@sierrasothebysrealty.com