New Listing – 15359 Skislope Way $699,000
August 1, 2010
Just re-listed is this wonderful 6 bedroom home located creekside in Tahoe Donner. There is plenty of room for everyone in this 3 story residence, approximately 3200 square feet of living space plus a 2 car garage. Open floor plan gives room for communing with fellow residents but there are also spaces for getting away for some solitude. The backyard borders the creek and the backside of Tahoe Donner’s downhill ski area for maximum privacy. The Pacific Crest Trail is located about 1 mile from the home for your outdoor pleasure. All of this for an unheard of price of $218 per square foot.
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Jogging in Truckee
August 1, 2010
One of my all time favorite places to jog is on the Truckee River Legacy Trail. The paved trail extends from the Truckee River Regional Park all the way downriver to the Riverview Park. The total distance of the current trail is about 4 miles but it will eventually extend all the way to the Glenshire/Devonshire subdivision making it completely unnecessary to drive your car into town if you are inclined to ride your bike instead. This past week I hit the trail at 7 am 3 mornings out of the 7. At that time of the day, the temperatures are in the high 40’s but it doesn’t take long to warm up in the wonderful sunshine. The other advantage of jogging at this early hour is the lack of fellow trail people. I love the solitude — so difficult to find these days, even in our little town. It’s just me and my tunes or my podcast. I hope you enjoy these pictures that I took to showcase the trail. Check it out . . .
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A Successful Relay for Life
July 30, 2010
JK Real Estate once again participated in the Truckee Relay for Life to help raise funds for the American Cancer Society. Our small town raised over $65,000 and the number is still rising! These funds will go directly towards cancer research, education and programs to support patients and their families while fighting this disease. As always it is a fun, emotion filled and exhausting while our team keeps at least one person walking on the track for 24 hours straight – because cancer never sleeps. There is music, food and crafts to enjoy throughout the event. The JK Real Estate booth had silent auction items that raised about $1,000 in addition to the individual money raised by each team member. We are grateful to all of you that supported our efforts and those who came out to visit us during the event. If you missed out, don’t worry we’ll be there again next year!
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Awesome Mountain Home – Truckee $385,000
July 27, 2010
Nestled in the trees with peek views to Prosser Lake, this mountain home feels secluded at the end of a quiet cul-de-sac. With 3 bedrooms + loft, 2.5 bathrooms, 2 car attached garage and plenty of decking for outdoor entertaining this home will suit the full time resident or vacationing family. Lots of rich wood accented with slate entryway and woodstove hearth gives a comfortable, cozy feeling. Whether it is a snowy winter day or warm summer evening, you will love the easy access to trails and Prosser Lake recreation. You can’t beat the price at $385,000!
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June Tahoe-Truckee Sales Statistics
July 3, 2010
Sales of homes and condos in the Truckee – North Lake Tahoe regions continue to inch downward from 73 sales last month (and down from the previous month) to 62 sales for the month of June. The distressed properties (bank owned REO’s or short sales) amounted to 18 of these (including one trustee sale) or 29% of the total sales. Even though the buyer incentive programs have mostly ended, interest rates remain the best seen in years, and with a healthy inventory and motivated sellers there is plenty of reason for buyers to continue shopping. JK Real Estate has been doing our part to help hold up these sales, but we look to our good clients and friends to help keep us busy too. We do appreciate your referrals!
Statistics from the Tahoe MLS: The solds from June 1 – 30, 2010:
Tahoe Donner: 15 homes, (2 SS), 2 condos
Northstar: 2 homes , 1 condo
Glenshire, Cambridge, Juniper Hill, Juniper Creek, The Meadows: 6 homes (2 SS) (2 REO)
Prosser Lake Area: 1 home
Sierra Meadows, Ponderosa Palisades, Winter Creek: 3 homes, 1 condos (1 SS)
Martiswoods, Ponderosa Ranchos: 0 homes
Olympic Heights: 1 home
Lahontan: 1 home
Timlick: 0 residential properties
Old Greenwood: 1 home (1 SS)
Gray’s Crossing: 0 residential properties
Martis Camp: 0 residential properties
Truckee Proper: 1 home, 1 condo
Donner Crest: 0 residential properties
Donner Lake: 0 residential properties
Donner Summit: 6 homes (1REO) (1 trustee sale), 0 condos
West shore Lake Tahoe: 7 homes (1 REO), 0 condo
Tahoe City: 4 homes (1 SS) (1 REO), 2 condos
North shore Lake Tahoe: 4 homes (2SS) (1REO), 0 Condos
Kings Beach & Tahoe Vista: 6 homes (2 SS), 2 condos (1 SS) (1 REO)
Alpine & Squaw Valley: 3 homes, 7 condos (1 SS) (1 REO)
Shared Ownerships – entire region: 4 sale
Mobile Homes – entire region: 0 sales
Condos and Homes sold over $1M in Truckee and North Lake Tahoe: 7
Highest priced home or condo sold: Our highest price sale this month was a home located at 7701 West Lake Blvd. in Meeks Bay. After 337 days on the market and never moving off of their list price of $16,600,000, they finally accepted an offer of $12,400,000. A classic and rare Lake Tahoe estate with 490 ft of pristine shoreline and nearly 5 acres of land. Included are 4 residences, tennis court, pier, bouys and an old style 100 ft. two story boat house with rail system. Only for the rest of us to dream about!
Lowest priced home or condo sold: Yes it is another bank owned condominium. This one located in Tahoe Vista in the lakefront Tahoya Shores complex. With a sandy beach and swimming pool this studio condo makes for a perfect vacation getaway. They originally were asking $89,900 then reduced their price to $79,900 and after 63 days on the market the bank was willing to let this one go for just $71,000.
The list to sell ratio 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 $500,975 median sale price was $463,074. Perhaps our highest priced sales nudged these numbers up just a bit, what do you think?
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