Keller Williams Real Estate Update: May 2010
May 7, 2010
Each month, This Month in Real Estate provides expert opinion and analysis on real estate trends across the nation. The aim of the consumer-oriented segments is to provide real information on real estate.
Truckee Real Estate Sales: April 2010
May 7, 2010
This chart represents the number of single family homes sold in the last three months in the Truckee real estate market. The chart also shows the median sale prices for these homes.
Compared to March 2010, single family home sales for the Greater Truckee area are up almost 82% (from 27 to 49) and sales in Tahoe Donner, comparing March 2010 to April 2010 are up 69% (13 to 22).
Tahoe Donner® Real Estate: April 2010
May 7, 2010
Tahoe Donner® Real Estate
Single Family Homes Sold - April 2010
Single Family Homes SOLD = 22 (17 standard sales, 3 short sales, 2 REO)
Median List Price = $530,250
Median Sale Price = $530,000
Average Days on Market = 128
YTD TD SF Homes Sold = 60 (as of 4/30)
Active Listings = 91 (as of 5/7)
| Address | Original Price | Sales Price | Square Feet |
| 11962 Bernese | $305,000 | $278,000 | 940 |
| 14644 Christie (REO) | $299,900 | $307,000 | 1178 |
| 15359 Northwoods | $399,000 | $360,000 | 1352 |
| 13493 Skiview Loop | $459,000 | $365,000 | 1516 |
| 14360 Northwoods(short) | $329,900 | $370,000 | 1286 |
| 11792 Chateau | $450,000 | $419,000 | 1389 |
| 11940 Sitzmark | $455,000 | $450,000 | 2056 |
| 14062 Herringbone | $510,000 | $465,000 | 1500 |
| 12058 Brookstone | $495,000 | $474,000 | 1530 |
| 12109 Bennett Flat (short ) | $575,000 | $485,000 | 2110 |
| 12205 Brookstone | $525,000 | $525,000 | 1765 |
| 10975 Skislope (REO) | $535,500 | $535,000 | 2998 |
| 14328 Copenhagen | $549,900 | $543,500 | 2525 |
| 11924 Kitzbuhel | $599,000 | $580,000 | 2000 |
| 16987 Skislope | $629,000 | $605,000 | 2207 |
| 13362 Northwoods | $859,000 | $690,000 | 2503 |
| 13871 Alder Creek | $759,000 | $730,000 | 2669 |
| 13642 Pathway | $759,000 | $745,000 | 2472 |
| 16475 Skislope | $865,000 | $795,000 | 2750 |
| 12276 Stockholm | $1,000,000 | $890,000 | 3832 |
| 12332 Skislope (short) | $1,950,000 | $1,120,000 | 3606 |
| 12809 Pinnacle | $2,195,000 | $1,725,000 | 4976 |
Tahoe Donner® Condos Sold - April 2010
Condos SOLD = 5 (2 standard sales, 2 short sales, 1 REO)
Median List Price = $329,000
Median Sale Price = $325,000
Average Days on Market = 156
YTD TD Condos Sold = 16 (as of 4/30)
Active Listings = 43 (as of 5/7)
Tahoe Donner® Lots Sold - April 2010
Lots SOLD = 2 (2 standard sales)
Median List Price = $294,000
Median Sale Price = $265,000
Average Days on Market = 23
YTD TD Lots Sold = 8 (as of 4/30)
Active Listings = 43 (as of 5/7)
(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
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Tahoe Donner Summer Program Registration
April 30, 2010
Registration Information
Registration for 2010 day camps and swim lesson programs will take place online at http://onestore.tahoedonner.com. We recommend that you create a login and check that all members that you have registered at the Member Services office appear in your profile prior to the registration date. Information regarding swim lessons and day camps is available in the Summer Fun Guide or online at www.tahoedonner.com. For more information, contact Trout Creek Recreation Center at (530) 587-9437.
Member Registration
Day Camps: Tuesday, May 4, 8 a.m.
Swim Lessons: Tuesday, May 11, 8 a.m.
1. To register as a member, each participant must be identified on your Tahoe Donner profile, even if they are six or under. You may add members to your profile at the Member Services office. The Member Services office, located in Northwoods Clubhouse, is open from 8 a.m.–4:30 p.m., Monday–Saturday. A birth certificate will be required to add a child to your profile. Please note: If your child turns seven prior to registration this year, you may be required to pay the applicable member fees for them to be considered a member.
2. Go to http://onestore.tahoedonner.com and create your login. To do so, you will need to enter your name and member ID number exactly as they appear on your member ID card. If you went through the registration process last summer, your login should be the same. Both previous and new users should log in and make sure that all members you may have added appear on your profile.
3. After you complete your registration, you will receive a confirmation email with links to waiver forms that will need to be completed and submitted to Tahoe Donner.
Guest Registration
Day Camps: Tuesday, May 18, 8 a.m.
Swim Lessons: Tuesday, May 25, 8 a.m.
1. To register as a guest, you must obtain either a transferable guest card ID number or a member card ID number.
2. Go to http://onestore.tahoedonner.com and create your login.
3. After you complete your registration, you will receive a confirmation email with links to waiver forms that will need to be completed and submitted to Tahoe Donner.
4. For all programs that are restricted by age, guests will be required to provide a copy of the participant’s birth certificate. Your registration will not be complete until a birth certificate is received. Birth certificates can be emailed or faxed to the address or number provided in your confirmation email.
Important
Please take careful note of the age level requirements for each program and make sure that your child is eligible to attend that program. The age requirements are established for the safety and well-being of your child. Age requirements are enforced as of the first day of the session in which your child is registered. If a child is found to be registered for a program that he/she is not eligible, for his/her registration will be cancelled and no refund will be given. There will be no exceptions with children’s ages for day camps. All children must be potty-trained to attend any camp. Children in pull-ups will not be allowed to attend camp.
Cancellation Policy
All cancellations and/or changes must be made 14 days prior to the first day of the session for which you are registered, and a processing fee of $10 per program will be charged. No refunds will be given for cancellations and/or changes made less than 14 days prior to the first day of the session for which you are registered.
Martis Camp – 20 Sales in First Quarter 2010
April 22, 2010
Tahoe’s Luxury Second Home Market Stays Hot Into 2010 With $18 Million Sold in the First Quarter at Martis Camp, a Four-Season Family Retreat
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TRUCKEE, Calif., April 1 /PRNewswire/ – Developers of Martis Camp, a very successful private real estate community located in North Lake Tahoe, announced 20 sales in the first quarter of 2010 equaling $18 million, giving signs that the luxury second home market is alive and well in Lake Tahoe.
“We are very excited to see continued sales momentum into the 2010 winter season,” said Brian Hull, director of sales for Martis Camp. “This is the best we’ve ever done in previous first quarters since we began sales in 2006. We have never had a winter like this – even in the best of real estate markets. Prior to 2010, our pinnacle winter was 2006/2007 when we had eight sales.”
Even in these uncertain times, families are still making the commitment to enhance their lifestyle. Buyers are mostly from the western U.S. with heavy concentrations in the San Francisco Bay area as well as Los Angeles. Approximately 75 percent of buyers are paying cash and the other 25 percent have used Martis Camp’s preferred lenders for financing. According to Hull, there are some attractive loan programs currently being offered, and with some cases, buyers are only being required to put 30 percent down. Rates are in the 5% range.
Scott Keith and his wife, Lori, of the Bay Area recently purchased a home site in Martis Camp. When they first pondered the purchase, Keith said, “I thought, ‘No one’s going to be doing this, are we crazy?’ But still it seemed to be the right time to us. We wanted to set up that kind of vacation property where we could enjoy family time.” The couple and their three children hope eventually to build a four-bedroom house on their site. And one added bonus: Prices for contractors are lower than a few years ago, Keith said. “It makes things much more doable.”
Martis Camp Club is a phenomenal offering and features an 18-hole Tom Fazio golf course, direct ski access from Martis Camp to Northstar-at-Tahoe™ via the Martis Camp Express Lift and a vast array of Club amenities, including a Family Barn complex with summer swimming venue, bowling alley, art loft, movie theater, indoor basketball court, soda fountain and outdoor concert park. Martis Camp home sites range from $450,000 to $2 million.
The Martis Camp community is bustling with construction activity with 12 completed homes, along with 30 single-family custom homes currently under construction and a $42 million clubhouse, called the Camp Lodge. Another 20 homes are expected to start construction this summer.
Martis Camp is growing rapidly thanks to a financially sound and responsible development team. DMB/Highlands Group, LLC, is comprised of two of the country’s premier recreational-residential community developers, DMB Associates and Highlands Management Group. This team is responsible for the creation of Lahontan, North Lake Tahoe’s premiere golf course community. The developer’s track record and financial strength provides security to owners/prospects.
