Archive for the ‘Lake Tahoe Communities’ Category

PostHeaderIcon Home Sales in Truckee / Lake Tahoe MLS in Tahoe Donner and other ares of our Tahoe MLS from January – April of 2011

Lake Tahoe and Truckee Home Sale (REAL ESTATE) in the Truckee Tahoe MLS for single family homes for the entire MLS, January-April 2011 actually had slightly more sales than the same period 1 year ago (+1%). Condos/townhomes were substantially lower (-22%). Tahoe Donner had less sales this year versus the same period in 2010 for both single family and condos/townhomes, whereas single family in Truckee as a whole was exactly the same for this period.

Home Sales in Truckee / Lake Tahoe MLS in Tahoe Donner and other ares of our Tahoe MLS from January - April of 2011

PostHeaderIcon TAHOE SNOWFALL YEARLY TOTALS SINCE 1879-2010 AT DONNER SUMMITT

IS THIS THE YEAR WE BREAK THE SNOWFALL RECORD? 

We have received almost 750” of snow this year, which is about 62 feet of snow (enough to cover a 5 story building). We need to get a total of 840 inches to make this the snowiest year ever breaking the 1938 record.  If you’re wondering what were the five snowiest winters at Norden (in order) are – 1938, 1952, 1880, 1890 and 1895. 

Records have been kept since 1878 marking it the longest data set in Sierra Nevada. The Tamarack station, at 8,000 feet elevation in Alpine County, was active for a relatively short period of time.  Not only was the seasonal snowfall record was set there, but California’s greatest snow depth of 37.6 feet was measured there in 1911.  The United States greatest monthly snowfall record of 32.5 feet occurred there during January 1911. 

To put the 2011 season in perspective, as of March 28th we are in the top 10 years of the most snow.  See below and attached the Donner Summit Snowfall from 1879 – 2010 by the CSSL.  

Tahoe Snowfall Yearly Totals from 1879 – 2010

PostHeaderIcon Homes SOLD in Truckee, Tahoe Donner and Lake Tahoe 1st Quarter of 2010 Compared to 2011

Tahoe / Truckee Real Estate Home Sales – comparisons for January-March 2011 versus 2010 for the various areas of Truckee and Lake Tahoe.  Included are short sale & REO catergories, so there’s a total for the area as well as any short sales and REO sales that were a part of that totals

Sales in Truckee and Lake Tahoe Jan - March of 2011 compared with the same time last year!

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This spreadsheet is also available on the server under Statistics/Month over Month.

PostHeaderIcon TRUCKEE / LAKE TAHOE REAL ESTATE DISTRESSED PROPERTIES SOLD IN 2009 -2010

MARKET SNAP SHOT OF DISTRESSED PROPERTIES IN THE TRUCKEE / LAKE TAHOE MLS

Lake Tahoe and Truckee Real Estate market snapshot on Distressed properties (Foreclosures, REO, Bank Owned, Short Sales) is on the increase.

We have seen since 2009 an increase of 45% to  2010 and maybe over 50% in 2011.  Total of 221 SOLD in 2009, 330 SOLD in 2010 and already 141 Active properties For Sale in the beginning of 2011.  This means a we going to be seeing some great opportunities in the Real Estate market in the Truckee / Lake Tahoe area.

Here is a link to all of the SOLD Distressed Properties (BANK OWNED, REO AND FORECLOSURES)  in the Truckee / Lake Tahoe Area between for the year of 2010 – Total of 317 (219 around Truckee and Lake Tahoe area) properties: Click Here to View Listings  

Greg Poulsen
Dickson Realty, Truckee
Cell: (530) 448-9830
For All Bank Owned / Short Sale Properties in Tahoe: Click Here to View Properties
www.TahoeHomeHunter.com

PostHeaderIcon Lake Tahoe / Truckee Home Sales are Up!

LAKE TAHOE & TRUCKEE HOMES SALES ARE UP IN 1ST QUARTER OF 2010

Single Family home sales are up over 50% in the first quarter of 2010 compared to that of the same time last year.  In our Tahoe MLS from January – March 2010 we had a total of 198 SF sales compared to 103 sales in the same period in 2009.  A majority of the sales in 2010 were based on Short Sale and Bank Owned property.

The median price down in 2010 by almost 30% (contributed to the distressed properties) at a value of just over $500,000.  Tahoe home values are what they were in the early 2000s.

Our high-end homes (values over $1,000,000) are still struggling but seem to doing better than last year, up almost 70%.

We are still seeing some great opportunities and will for awhile.  So if you have been considering that vacation property in Tahoe, it is a great time to start looking.  If you have any questions regarding our real estate market or just what more information about the Lake Tahoe area.  Give me a call anytime (530) 448-9830 or go to my new TAHOE BLOG at www.TahoeTruckeeProperty.com.

Happy House Hunting

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