Truckee 1st QTR 2009 Market Update

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Truckee 1st QTR 2009 Sales Analysis

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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%.

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Price Category Comparison of Homes Sold

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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.