In reviewing sales statistics for January and February 2011 compared to the same period last year, median prices for the Truckee/Lake Tahoe area continued to drop in most areas and price ranges, while the number of units sold remained almost the same or were down just slightly. Currently, there are 474 single family homes [...]
Saturday, December 18, 2010
Once again more short sales have closed in the Sparks-Spanish Springs market area according to data from the Northern Nevada Regional MLS for stick built homes. As expected traditional sales had the highest average median sales price, with short sales following and bank owned sales bringing in the lowest median price. As expected short sales [...]
Wednesday, November 17, 2010
According to sales data from the Northern Nevada Regional MLS, traditional home sales (sellers with equity) lead the sales data for residential, stick built home sales in October 2010. Traditional, equity position sales accounted for 38.8% of sales in October. The median sales price $231,700. These sellers received on average 95.1% of asking price and [...]
Friday, October 22, 2010
According to data from the Northern Nevada Regional MLS, sales in the Sparks area (which includes Spanish Springs and Wingfield Springs) had short sales leading in the 3rd Quarter of 2010. Short sales accouted for 35.4% of the sales in the quarter, traditional sales 34.9% and bank owned 29.8%. Compared to 3rd Q 2009 when [...]
Tuesday, August 31, 2010
Currently 95 homes on the market – Active and Pending Of the homes currently on the market, there are 47 not located in Del Webb, The Vue and The Village. Of the 47 homes, only 30 are available without an offer. 5 between $200k and $300k 10 between $300k and $400k 5 between $400k and [...]
Wednesday, January 13, 2010
With a new decade just begun, it’s interesting to look back at where we’ve been these past 10 years. In 2002, there were 1023 single family homes sold in the Truckee/Lake Tahoe area, with a median price of $397,500. By 2006, we reached the peak of market value, at a median price of $680,000. Now, [...]
Monday, January 5, 2009
As promised, here are some statistical research I completed on Sunday. If you would like more specifics, let me know. All statistics were pulled from the local multiple lisitng services in the area from December 2006 to December 2008. If I pull statistics on all of Reno and Sparks December 06 to December 08 There is [...]
Thursday, April 3, 2008
I recently received an email from a client who purchased a vacation home a couple of years ago in Tahoe Donner. My client was deeply concerned about his investment as he had heard from a “friend” that the inventory of homes in the Tahoe Donner area was “huge” with one in 3 homes for sale, [...]
Thursday, March 3, 2011
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