North Lake Tahoe Truckee Stats for Month of November 2009
December 8, 2009
Winter has begun to set in finally. We have snow and the weather outside is frightful – 11:43 am and it is 3 degrees Fahrenheit. We just got the stats today at our sales meeting and the good news is that the inventory is flattening out. In our entire multiple listing service, we currently have a 15 month supply of inventory as opposed to last year at this time when there was a 37 month supply. Tahoe Donner is showing a 4 month supply compared to last year’s 11 month supply at this time. Sales are down from last month – 92 single family residences (including condos) sold in November. 18 of these were bank owned (REO), 8 were short sales (SS), making distressed properties 28% of total sales. Here are the statistics from the Tahoe MLS. The solds from November 1 – 30, 2009:
Tahoe Donner: 15 homes, (2 REOs,), 5 condos
Northstar: 2 homes, 2 condos
Glenshire, Cambridge, Juniper Hill, Juniper Creek, The Meadows: 8 homes (2 REOs, 1 SS)
Prosser Lake Area: 7 homes (1 REO, 1 SS)
Sierra Meadows, Ponderosa Palisades, Winter Creek: 4 homes (1 REO) 3 condos (3 REOs)
Martiswoods, Ponderosa Ranchos: 0 residential properties
Olympic Heights: 0 residential properties
Lahontan: 2 homes (1 REO)
Timlick: 0 residential properties
Old Greenwood: 0 residential properties
Gray’s Crossing: 0 residential properties
Martis Camp: 0 residential properties
Truckee Proper: 2 homes (1 SS), 1 condo
Donner Crest: 0 residential properties
Donner Lake: 5 homes (1 SS)
Donner Summit: 0 residential properties
West shore Lake Tahoe: 9 homes (1 REO), 2 condos (2 REOs)
Tahoe City: 4 homes, 2 condos
North shore Lake Tahoe: 6 homes (2 REOs)
Kings Beach & Tahoe Vista: 8 homes (2 REOs, 2 SS), 3 condos (2 REOs)
Alpine & Squaw Valley: 7 homes (1 REO), 3 condos (2 REOs)
Shared Ownerships – entire region: 3 sales
Mobile Homes – entire region: 0 sales
Condos and Homes sold over $1M in Truckee and North Lake Tahoe: 13
Highest priced home or condo sold: This month the prize goes to a DONNER LAKEFRONT. 14732 Southshore Drive, 5 beds, 6 baths and a 3 car garage with 6326 square feet went for $3,700,000. Originally priced at $4,000,000, the buyer saved himself $300,000. by paying ALL CASH. Only 40 days on the market – I would say the sale was made in heaven.
Lowest priced home or condo sold: at $151,000 someone got his/her little piece of Tahoe. 4090 High St. in Carnelian Bay, a 1432 square foot fixer “A” frame, priced right because this buyer snagged it after only 5 days on the market.
The list to sell ration on the median was 92%. In other words, the homes sold within 92% of the list price. The median list price for this period was $487,000, median sale price was $449,500. Major Deals out there people!!!
Truckee Gets Recreation Facility
December 7, 2009
What a wonderful Christmas, Hanukkah winter gift Truckee is getting! Today is the long awaited ribbon cutting on the new $18 million Truckee Donner Parks and Recreation Department’s facility, located at the corner of Highway 267 and 89 north, accessed by one of Truckee’s newest round-a-bouts this property has climbing walls, basketball courts and exercise equipment. There are also meeting rooms and classrooms, dance studios, even an outside picnic area — all of this for local residents and visitors to enjoy. The icing on the cake is an elevated running track. Now we residents have options during the winter — not just treadmills. The cost for residents to use the equipment and facility will be $20 per month or there is a drop in fee of $3 per use (if you are 62 or over, it is only $15 per month). Sounds pretty reasonable, huh? Even more reasonable is the fact that you can use it for free until from now until December 23, 2009
This facility boasts 40,000 square feet. It will have the capacity to hold 1,000 people if you wanted to throw a big party this will be the place to go!! The really surprising thing is that according to a Sierra Sun article, the project came in about $6 million under budget. The plan is to have an aquatic center within the next 5 years.
The center has been a long time dream of long time General Manager Steve Randall who has been our go to man since 1985. I think it should be named the Steve Randall Center for Recreation.
I think you can see by the photos that it was COLD at the ribbon cutting — but definitely worth it. Go see it, you won’t be disappointed.
A KW Christmas!
December 1, 2009
A KW Christmas!, originally uploaded by kappymann.
Well here is our tree at Keller Williams in downtown Truckee, CA. Tis the season to appreciate all our co-workers and their spouses. Thanks Steve and Rich and especially Ruth for finding this
precious tree!
