Posts Tagged ‘real estate trends’

PostHeaderIcon Real Estate Home Sales in Truckee / Lake Tahoe MLS in Tahoe Donner in our Tahoe MLS from January – July of 2011 compaired with 2010

Lake Tahoe - Truckee - Tahoe Donner Real Estate Sales from 1/1 -7/1 compaired with 2010 to 2111

Tahoe / Truckee Real Estate stats for January-July 2011 as compared to the same period for 2010. For Tahoe Donner, the median prices were either up or stayed the same, for both single family and condos/townhomes. The median price for Serene Lakes was up as well, although number of units sold was down. Almost all other median prices listed were the same or slightly down.

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 Tahoe Truckee Real Estate ~ Foreclosures / Bank Owned Property ~ National Graphs and Statistics

Foreclosure Graphs 8_15_10

FORECLOSURES ARE ON THE INCREASE!

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

PostHeaderIcon LAKE TAHOE MLS / TRUCKEE MLS ~ Real Estate “SOLD” Market Report ~ 2008 verses 2009

Tahoe / Truckee Real Estate Market – SOLD PROPERTIES – 2008 verses 2009

 MLS Price Comparison Report for 2008 
Statistics for:, LD, CI, RN, BO, IC AND Status=SLD AND AND Date Range=01/01/2008-12/31/2008 As Of: 1/27/2010
 

 

Sold
Price Range Number of Listings Average Days On Market
  654 126
 
Number of Listings Average Days On Market Median Price Average Price Maximum Price Minimum Price
654 126 $591,500 $810,133 $20,000,000 $1

 

 MLS Price Comparison Report for 2009 
Statistics for:, LD, CI, RN, BO, IC AND Status=SLD AND AND Date Range=01/01/2009-12/31/2009 As Of: 1/27/2010
 

 

Sold
Price Range Number of Listings Average Days On Market
  790 124
 
Number of Listings Average Days On Market Median Price Average Price Maximum Price Minimum Price
790 124 $510,000 $667,365 $6,288,000 $33,000
 


2009 was a better year in the Tahoe Real Estate Market compared to that of 2008 (based on number of units SOLD).  But the Median price was down from $591,500 in 2008 compared to $510,000 in 2009 (the drop in price was largely contributed to Short Sales and Bank Owned Properties that hit the market in 2009).

 Is 2010 going to be a better year?  Only time will tell, but based on the activity in the market it looks like sales will be up and price could still drop.

Happy House Hunting

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