10841 Cinnabar Way – Truckee, CA.
February 25, 2012
Exceptional Boulders condo with nice upgraded slate flooring throughout & pine wainscoting that adds a warm glow. Great sunny end unit overlooking landscaped common area. Lower, single level unit with direct garage entry makes this condo handicapped accessible. Bright open floorplan with stainless kitchen appliances. The Boulders complex is centrally located with easy access to area ski resorts & the many local attractions including Lake Tahoe, Historic downtown Truckee, shopping & dining, many lakes, rivers & trails. Quick access to Interstate 80 and a short drive to the Reno Airport. This condo is a must see!
January 2012 Sales Statistics
February 1, 2012
The month of January comes in at almost half of the number of sales as the previous
month with January sales at 60 as compared to December’s 118. It seems that
home shoppers wanted to complete their purchases by the end of 2011 and are now
taking a little nap. Also interestingly the ratio of distressed sales jumped up
significantly during the month of January to 46.5% as compared to 38% for the
previous month. The market is hard to read, just when it seems it is getting
stronger we have another slow month. Hold on folks, this roller coaster ride is
not yet over!
Statistics
from the Tahoe MLS: the solds from January 1 – 31, 2012:
Tahoe Donner: 18 homes (2 SS) (4 REO), 1 condo
Northstar: 1 home (1REO), 3 condos (1SS)
Glenshire, Cambridge, Juniper Hill, Juniper Creek, The Meadows: 5 homes (3 SS) (1 Truseee)
Olympic Heights: 1 home (1 REO)
Prosser Lake Area: 2 homes (1 REO)
Sierra Meadows: 2 homes (1 SS), 1 condo
Martiswoods, Ponderosa Ranchos: 0 residential properties
Coyote Run: 1 home
Pinyon Creek: 1 condo
Lahontan: 0 residential properties
Martis Camp: 0 residential properties
Old Greenwood: 0 residential properties
Gray’s Crossing: 1 home (1 SS)
Truckee Proper: 1 home
Donner Lake: 0 residential properties
Donner Summit: 1 home (1 REO)
West shore Lake Tahoe: 6 homes (1 SS) (2 REO)
Tahoe City: 1 home, 2 condos
North shore Lake Tahoe: 3 homes (1 SS), 1 condo (1 SS)
Kings Beach & Tahoe Vista: 1 home (1 SS), 3 condos (2 SS) (1 REO)
Alpine & Squaw Valley: 1 home (1 SS)
Shared Ownerships – entire region: 1
Mobile Homes – entire region: 0
Sierra & Plumas Counties: 1 home
Condos and Homes sold over $1M in Truckee and North Lake Tahoe: 2
Highest
priced home or condo sold: This
condominium at 9001 Northstar Dr. has a prime location within the Village at
Northstar. The 3 bedroom penthouse looks directly over the Village Gondola and
straight up the mountain. Location, location, location. After 223 days on the
market this condo sold for $1,200,000
Lowest
priced home or condo sold: Kings Beach studio
condo located in the Kings Run complex at 1300 Regency Way. This compact little
jewel of 432 sq. ft. was bank owned and sold for just $57,000 after only 73
days on the market.
The list to sell ratio on the median was 96%.
In other words, the homes sold within 96% of the list price! The median list price for this period was $349,500
and the median sale price was $335,737. Using the median price tends to take
the extreme highs and lows out of the picture as it is based on the sale of the
house in the middle of the pack. The average days on the market were 162.
