Keller Williams Market Report – April 2009
April 30, 2009
This Month in Real Estate – April 2009 YouTube
Jay Papasan and Bryon Ellington suggest that now, more than ever, is a great time for buyers. With over 1 million homes in foreclosure, interest rates at historic lows and the new buyer tax credit conditions are excellent for purchases. Further, some of the best buying opportunities can be found in California and Nevada.
14411 Skislope Way, SOLD
April 15, 2009
If you are looking for a “Mountain Lodge” with expansive views, look no further. This property is special from start to finish. This home is a masterpiece with top of the line appliances, designer fixtures & finishes and architecturally pleasing lines and paint colors. Entertain in style and then relax in the sauna, hot tub or steam shower! Property backs to large greenbelt which lends to a private, mountain top feel. Call Robbie and Karen to see this property: 530-412-0583. Enjoy the Virtual Tour of this one-of-a-kind mountain masterpiece!
- Offered at $1,399,000, SOLD $1,263,750
- 5 Bedrooms
- 3.5 Baths
- 2 Car Garage
- Large Lot; 70 x 249 x 115 x 232
- Gourmet Kitchen
- 3 Xtrordinair Fireplaces
- Great Room with Panoramic Views
- Bonus Room with Wet Bar and Fireplace
- Hot Tub, Sauna, Steam Shower
- 4,212 Square Feet
- Built in 2003
- Virtual Tour
Tahoe Donner Amenities Tour
April 13, 2009
Tahoe Donner is one of Truckee’s most sought after family communities. Beautiful homes, affordable prices and fantastic amenities make Tahoe Donner real estate an excellent investment and a great place to live.
Truckee 1st QTR 2009 Market Update
April 10, 2009
Truckee 1st QTR 2009 Sales Analysis
This chart illustrates:
1) Number of Homes Sold in the 1st QTR from 2004 through 2009
2) Comparison of Median List Price to Median Sold Price for the 1st QTR from 2004 through 2009.
An analysis of the sales data concludes Median Sold prices are currently 8% ($550,000) higher than they were in 2004 ($504,000), however; the number of homes sold, when comparing 2004 (113 homes sold) to 2009 (74 homes sold), shows a decrease of 44%.
Price Category Comparison of Homes Sold
This chart illustrates:
1) Number of Homes Sold QTR 1 in Truckee
2) Comparison of Price Categories of Homes Sold in Truckee
73 single family homes sold in Truckee during the 1st quarter of 2009. 72.6% of these homes sold for under $750,000, 12.4% of the homes sold for between $750K and $1 million dollars. The remaining 15% of Truckee homes sold for prices above $1 million dollars with 3 of those homes selling for over $2 million dollars.
Greater Truckee includes MLS areas 007, 008, 009.
Tahoe Donner 1st QTR 2009 Market Update
April 9, 2009
Tahoe Donner 1st QTR 2009 Sales Analysis
This chart illustrates:
1) Number of Homes Sold in the 1st QTR from 2004 through 2009
2) Comparison of Median List Price to Median Sold Price for the 1st QTR from 2004 through 2009.
An analysis of the sales data concludes that Median List and Median Sold prices are comparable in 2004 and 2009 however; the number of homes sold, when comparing 2004 to 2009, shows a decrease of 32%.
Price Category Comparison of Homes Sold
This chart illustrates:
1) Number of Homes Sold QTR 1 in Tahoe Donner
2) Comparison of Price Categories of Homes Sold in Tahoe Donner
34 single family homes sold in Tahoe Donner during the 1st quarter of 2009. 74% of these homes sold for under $750,000, 21% of the homes sold for between $750K and $1 million dollars. The remaining 5% of homes sold for between $1.25 million and $1.5 million dollars.
Tahoe Donner Quarterly Comparisons
This chart illustrates:
1) Number of Homes Sold in Tahoe Donner QTR 1 2008 – Qtr 1 2009
2) Comparison of Median List Price to Median Sold Price of Homes Sold in Tahoe Donner Qtr 1 2008 – Qtr 1 2009
The Quarterly data suggests that on average there is a 4.5% difference between Median List Price and Median Sold Price. Additionally, on a Quarterly basis, sales have declined 10% when comparing the 1st Qtr of 2008 with the 1st Qtr of 2009. In this analysis, sales were strongest during the 3rd Qtr of 2008 (37% higher than the 1st Qtr of 2009) and we would expect stronger sales in July, August and September.
I-80 Road Closure/Detour Alert
April 3, 2009
Truckee Traveller Alert…
Attention I-80 travellers! Cal Trans has major road work scheduled on Interstate 80 from the end of March until the end of November 2009. Click here to check out the Cal Trans Travel Restrictions Calendar and Detours.
The California Department of Transportation (Caltrans) is alerting motorists that Interstate 80 (I-80) will be subject to nighttime closures from Tuesday, March 31 through Monday, November 30. The closures will be in effect between 7 p.m. and 8 a.m. (10 a.m. on weekends) and may occur seven days a week. Closure schedules may vary throughout the construction season.
Truckee Market Report: March 1 – March 31, 2009
April 1, 2009
Month After Month Tahoe Donner Leads the Real Estate Market
This graph shows the numbers of homes sold and median sales prices of homes sold in Truckee during the first three months of 2009. Tahoe Donner continues to be the strongest segment of the Truckee market with 46% of the total homes sold in Truckee being represented by Tahoe Donner sales. Sales in Tahoe Donner were steady January through March with 9 single family homes closing in January, 12 more closing in February and 12 homes closing again in March.
Tahoe Donner Market Snapshot: Mar. 1 – Mar. 31, 2009
April 1, 2009
Tahoe Donner Single Family Homes Sold - March 2009
.
Single Family Homes SOLD = 12
Median List Price = $679,000
Median Sold Price = $652,000
Average Days on Market = 175
YTD TD SF Homes Sold = 33
Active Listings = 135
| Address | Original Price | Sales Price | Square Feet |
| 15347 Northwoods | $429,000 | $370,000 | 1216 |
| 12291 Viking | $449,000 | $402,000 | 2688 |
| 11006 Innsbruck | $469,000 | $481,000 | 1976 |
| 11617 Baden | $585,000 | $526,000 | 2385 |
| 13277 Hansel | $569,000 | $550,000 | 1615 |
| 12725 Peregrine | $635,000 | $570,000 | 1840 |
| 11369 Bennett Flat | $689,000 | $630,000 | 2068 |
| 12334 Viking Way | $880,000 | $675,000 | 2534 |
| 13926 Pathway | $859,900 | $705,000 | 4337 |
| 12101 Snowpeak Way | $899,900 | $755,000 | 2846 |
| 13945 Herringbone | $1,199,000 | $795,000 | 3150 |
| 15129 Swiss | $1,095,000 | $820,000 | 3561 |
| 13608 Cristallina | $1,495,000 | $1,250,000 | 3607 |
Tahoe Donner Condos Sold - March 2009
Condos SOLD = 1
Median List Price = $320,000
Median Sold Price = $320,000
Average Days on Market = 1
YTD TD Condos Sold = 5
Active Listings = 26
Tahoe Donner Lots Sold - March 2009
Lots SOLD = 1
Median List Price = $7,500 (1/6 share “amenity lot”)
Median Sold Price = $7,500
Average Days on Market = 11
YTD TD Lots Sold = 3
Active Listings = 62
(YTD = Year-To-Date)
This is provided as a quick snapshot of the monthly market activity in Tahoe Donner. Keep in mind, numbers only tell part of the story. We would be happy to share our day-to-day insight
If you enjoyed this post, make sure you subscribe to my RSS feed!
