March 2009 Sales Stats Truckee-North Lake Tahoe

Here are the stats for the month of March, 2009.  Northstar and the luxury market in Old Greenwood have carried their own weight this month.  Surprisingly, there have been a total of 9 homes and condos in Truckee and Tahoe which have sold for over 1 million.  That sleeping giant has finally awakened.  Apparently the more affluent recognize a bargain when they see one.  Here are the numbers from our Tahoe Multiple Listing Service.  Again, unless noted, the properties were sold as standard sales, not short sales or REO’s (bank owned properties).

 

Tahoe Donner:  13 homes (2 short, 1 REO);  2 condos

Northstar:  2 homes;  4 condos

Glenshire, Cambridge, Juniper Hill, Juniper Creek, the Meadows:  2 homes (2 short)

Prosser Lake Area:  2 homes

Sierra Meadows, Ponderosa Palisades, Martiswoods, Ponderosa Ranchos:  3 homes

Lahontan:  no residential sales

Old Greenwood:  3 homes

Grey’s Crossing:  no residential sales

Truckee Proper:  1 home

Adjacent to Tahoe Donner:  no residential sales

Donner Lake:  1 home

Donner Summit:  3 homes (1 REO)

Westshore Lake Tahoe:  6 homes (1 short, 1 court approved)

Tahoe City:  no residential sales

Northshore Lake Tahoe:  no residential sales

Kingsbeach & Tahoe Vista:  5 homes, 2 condos (1 REO)

Alpine Meadows & Squaw Valley:  no residential sales

 

Condos and Homes sold over $1M in Truckee and North Lake Tahoe:  9

 

Highest priced home or condo sold:  $2,950,000 (listed for $3,225,000) after 31 days on the market, a 5000 square foot home, built in 2001 located in Northstar.

 

Lowest priced home or condo sold:  $205,000, a REO condo located in Kingswood Village, originally priced at $199,000, sold in 93 days.

Contact us for more information on these properties or what good buys are available in our neighborhood!