Closed sales for Single Family Homes in the Greater Truckee area increased 32% from the end of July to the end of August.

The Arts & Crafts Labor Day Fair features many local artists including our Tahoe Donner favorites, Olaf and Elizabeth Carmel. This talented couple are Sierra-based photographers specializing in unique and expressive landscapes. Make sure you visit thier newly expanded  (2600 sq ft) Carmel Gallery, located at 9940 Donner Pass Road.

Hosted by the Truckee Downtown Merchant’s Association, this free event welcomes everyone to browse and shop among the original work of artists and crafters from across the western United States showcasing their handcrafted creations including original photography, jewelry, sculptures, ceramics and much more.

Taking place in downtown Truckee’s walkable historic mountain setting, on the closed street of Bridge Street between Donner Pass Road and Church Street, the unique event locale offers something for everyone, whether you want to visit the town’s first jail, meet and patronize artists and craftspeople, stroll along the river, shop among the many independent boutique stores or eat at any one of over a dozen restaurants.

For more information about the Historic Downtown Truckee Arts & Crafts Festival, contact the Truckee Downtown Merchant’s Association at (530) 587-3161.

Single Family Homes Sold - August  2010

Single Family Homes SOLD = 24 (up 84% from last month - 13 sales)
Median List Price = $547,000
Median Sale Price = $525,000
Average Days on Market = 44
YTD TD SF Homes Sold = 127
Active Listings = 159 (down 6% from last month)

  

  

Address	Original Price	Sales Price	Square Feet
15948 Northwoods	$289,900	$306,000	1786 (5 DOM)
12823 Hillside	$295,000	$295,000	953 (3 DOM)
13631 Northwoods	$394,900	$375,000	1785 (162 DOM)
12359 Hillside	$395,950	$345,000	1848 (45 DOM)
15471 Northwoods	$428,000	$428,000	1632 (39 DOM)
11880 Baden	$499,950	$480,000	1400 (60 DOM)
11147 Northwoods	$500,000	$440,000	1860 (27 DOM)
11907 Oslo	$500,000	$475,000	1421 (31 DOM)
11620 Norse	$525,000	$504,000	1728 (16 DOM)
12304 Bennett Flat	$545,000	$530,000	1776 (8 DOM)
12301 Greenleaf	$549,000	$545,000	2040 (10 DOM)
15407 Wolfgang	$549,000	$525,000	1897 (13 DOM)
14329 Hansel	$559,000	$470,000	1732 (69 DOM)
14781 Tyrol	$585,000	$555,000	1969 (57 DOM)
14100 Skiview Loop	$595,000	$465,000	1893 (51 DOM)
12627 Parsenn	$599,000	$570,000	2064 (80DOM)
14267 Pathway	$599,000	$585,000	2049 (11 DOM)
13327 Muhlebach	$625,000	$615,000	1950 (8 DOM)
14979 Swiss	$659,000	$525,000	2132 (62 DOM)
13819 Herringbone	$699,000	$675,000	2299 (36 DOM)
12429 St. Bernard	$769,000	$705,000	2242 (32 DOM)
11422 Mougle	$779,000	$710,000	2924 (124 DOM)
11760 Kitzbuhel	$850,000	$775,000	2425 (0 DOM)
14384 Swiss Lane	$1,150,000	$1,100,000	3386 (18 DOM)
*DOM (Days on Market)

Tahoe Donner® Condos Sold - August  2010

Condos SOLD = 2
Median List Price = $274,000
Median Sale Price = $261,000
Average Days on Market = 27
YTD TD Condos Sold = 29
Active Listings = 28 

Tahoe Donner® Lots Sold - August 2010

Lots SOLD = 2
Median List Price = $121,450
Median Sale Price = $102,000
Average Days on Market = 38
YTD TD Lots Sold = 16
Active Listings = 58 

(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!

Tahoe Donner describes this building as: “The Proposed new building would not be a fine finished facility like Trout Creek Recreation Center or The Lodge; rather the finish would be utilitarian, similar to the current Golf Course Maintenance facility.”

The majority of the square footage of the proposed 2 level facility (6,600 square feet) is identified for Forestry operational use, including work bays; large equipment storage; atv, splitter and chipper storage; flammables storage; material storage bins; wood pile and office space including three restrooms (men’s, women’s and unisex), kitchen, conference room and locker room with showers, washer and dryer. The perimeter of the facility will be encompassed by a security fence with sliding metal gates.

Property owners in Tahoe Donner have indicated through a survey conducted by the Tahoe Donner Association that open space is the number one most important aspect of Tahoe Donner. The proposed site at the end of Alder Creek is an open space area. For Tahoe Donner to consider building the new Forestry Facility at this location is outrageous. The Alder Creek site is the most used open space in all of Tahoe Donner. It is used year round with cross country ski trails in the winter, hiking, biking and equestrian center uses in the summer. The actual site on Alder Creek is in the center of the most used trail (Lions Leap) within the cross country ski area.

Tahoe Donner’s plan is moving along fast so now is the time to oppose their sprawl into our open spaces. Once they get a project like this in place there may be no stopping the future use and development into these treasured and extremely limited spaces.

Link to Potential Sites
Link to Forestry Building Schematic Elevations

Please join the opposition to the Alder Creek Forestry Project. Reply to SaveTDTrails@hotmail.com with your name and address. We will add your name to the petition to oppose this site. The actual petition wording is included below.

If you are so inclined, please forward this email to any other person(s) you feel would be interested in this information.

You can also express your opinion directly to board@tahoedonner.com and forestryproject@tahoedonner.com .

There will be a Tahoe Donner Community Forum meeting at 10:00 AM on September 11, to discuss this site. This meeting will be at the Northwoods Clubhouse. Our strength will come from our numbers so please attend if at all possible.

* Sale price only disclosed on one Lahontan home sale.

Single Family Homes Sold - July  2010

Single Family Homes SOLD = 13 (down 13% from last month – 15 sales)
Median List Price = $509,900
Median Sale Price = $490,000
Average Days on Market = 126
YTD TD SF Homes Sold = 104
Active Listings = 159 (up 19% from last month – more listings to choose from for buyers and more competition for sellers)

Tahoe Donner® Condos Sold - July  2010

Condos SOLD = 3
Median List Price = $199,900
Median Sale Price = $192,000
Average Days on Market = 126
YTD TD Condos Sold = 27
Active Listings = 32

Tahoe Donner® Lots Sold - July 2010

Lots SOLD = 2
Median List Price = $103,750
Median Sale Price = $97,918
Average Days on Market = 48
YTD TD Lots Sold = 14
Active Listings = 55

(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!

Tahoe Donner 2nd QTR 2010 Sales Analysis

An analysis of the sales data concludes that Median List and Median Sold prices are lower in 2010 than they were in 2004 (the benchmark low) and the number of homes sold, when comparing QTR 2 2004 to 2010, shows a decrease of 43%. However, 2nd QTR sales in 2010 are up 6% from the 2nd QTR in 2009.

Tahoe Donner Consecutive Quarterly Comparisons

The Quarterly data suggests that on average there is about a 4.5% difference between Median List Price and Median Sold Price. (Sold prices being less than list prices). Additionally, on a  Quarterly basis, sales of single family homes in Tahoe Donner have increased 6.25% when comparing the 2nd Qtr of 2009 (48 homes sold) with the 2nd QTR of 2010 (51 homes sold). However, the median sale price has decreased a little over 5% from QTR 2 2009 ($574,500) compared to QTR 2 2010 ($543,000).

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Price Category Comparison of Homes Sold

51 single family homes sold in Tahoe Donner during the 2nd quarter of 2010. 37% (or 19) of these homes sold for under $499,999, 43% (or 22) of the homes sold for between $500K and $749,999, 12% (or 6) of these homes sold for between $750K and $999,999 and 8% (or 4) of these homes sold for over $1 million. The least expensive single family home sold for $265K and the most expensive home sold for $1.725 million.

36% of the single family home sales were in the $400K to $500K price range making this the strongest segment of the market.

If you are a seller, regardless of which end of the market you are in, you have to price carefully. In the lower end of the market there is more competition so you must price competitively and if you are at the upper end of our market, where there are fewer buyers, you also have to price right for our current market. Too high of a price will almost guarantee that you will sit on your house without looking at any offers. If your goal is to sell, price right. Buyers, now is the time to get off the fence and make a purchase. We will begin to see more and more houses come on the market and the competition will become greater.

We work with both buyers and sellers. If you want honest and expert advice, please give us a call and let us know how we can help you. The majority of our clients are previous clients or their referrals – our clients come back to us because they know we do a great job.  Robbie 530-412-0583 and Karen 530-448-3624.

Single Family Homes Sold - June  2010

Single Family Homes SOLD = 15
Median List Price = $575,000
Median Sale Price = $545,000
Average Days on Market = 64 (down 40% from last month – homes are selling faster)
YTD TD SF Homes Sold = 89
Active Listings = 133 (up 17% from last month – more listings to choose from for buyers and more competition for sellers)

Tahoe Donner® Condos Sold - June  2010

Condos SOLD = 2 (2 standard sales)
Median List Price = $332,000
Median Sale Price = $323,750
Average Days on Market = 36
YTD TD Condos Sold = 24
Active Listings = 30

Tahoe Donner® Lots Sold - June 2010

Lots SOLD = 1 (1 standard sale)
Median List Price = $175,000
Median Sale Price = $140,000
Average Days on Market = 83
YTD TD Lots Sold = 11
Active Listings = 53

(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!

Think local   *   Be local   *   Buy local   *   Give local   *   Live Music    *    Street Fair    *    Vendor Booths    *    Foothill Farmer’s Market

Truckee Thursdays run June 17- August 19, 2010. Every Thursday evening, from 5 – 9 pm, Downtown Truckee turns into an enormous street festival featuring local goods, local bands, local vendors, local artists a farmer’s market and a whole lot more!

Free parking, but walk or ride your bike! Every inch of Truckee is involved including Brickelltown, Jibboom Street, Commercial Row, West River and Church Street.

Live Music!

June 17th       Music by Jo Mama
June 24th       Music by Downbeat
July 1st            Music by Maxell
July 8th           Music by Ben Jammins’ All Stars
July 15th         Music by Subjektochange
July 22nd       Music by Drop Theory
July 29th        Music by Dead Winter Carpenters
August 5th     Music by Quartet Minus One Plus Some
August 12th   Music by Crazy
August 19th   Music by Jo Mama

Presented by Truckee Downtown Merchants Association