AT HOME IN TAHOE
While we’ve shared the intensity of the local market over the past few months, we’re balancing demanding schedules of rewarding work, youthful education and home schooling, and one of Tahoe’s finest seasons. We’ve been lucky to once again enjoy the beautiful single-track bike trails with close family, and to prepare for another (hopefully big) winter.
Also looking forward to the ski season? Find some opening updates and new covid guidelines here for local resorts.
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TAHOE SIERRA MLS
OVERALL MARKET
SNAPSHOT Q3, 2020
Sales Volume & Median Sold Price reached 15-year highs (if you bought high prior to 2008, now is the time to recoup your investment if you’ve waited)
Median Sold Home Price increased 10% year over year, and is currently experiencing a 5 year growth trend.
Single Family Homes sold increased 50%+ year over year.
The Tahoe Sierra MLS which encompasses Single Family Homes through Truckee, North Lake Tahoe & West Shore, Olympic Valley, Alpine Meadows, and Northstar.
NORTH LAKE TAHOE 2020, Q3
MARKET STATISTICS QUICK INFO
Median Sales Price:
2020- $786,750
2019- $725,000
Units Sold:
2020- 312
2019- 199
Average Days on Market:
2020- 77
2019- 92
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TRUCKEE 2020, Q3
MARKET STATISTICS QUICK INFO
Median Sales Price:
2020- $850,000
2019- $762,500
Units Sold:
2020- 637
2019- 432
Average Days on Market:
2020- 54
2019- 60
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FEATURES
5 ACRES IN GLENSHIRE
11993 WHITEHORSE RD
GLENSHIRE, TRUCKEE, CA
4 Beds | 4 Baths | 4,844 SqFt
Offered for $1,850,000
Don’t miss this spectacular home in The Meadows, a gated community that is within walking distance to the Glenshire Elementary School. Featuring an open floor plan, cathedral ceilings and natural light – this home is ideal for entertaining. With a large home office (or home schooling area), and a separate mother-in-law suite, this home has space for all of your at home activities. Enjoy the outdoor fire pit and spectacular sunsets from your fenced, flat 5 acres!
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SQUAW VALLEY VIEWS
196 HIDDEN LAKE LOOP
OLYMPIC VALLEY, CA
4 Beds | 4.5 Baths | 4,350 SqFt
Offered for $2,995,000
This amazing getaway is located in Olympic Valley, a world class ski destination! This home has big views of Squaw Valley’s KT22, south facing afternoon sun, and is within walking distance to Hidden Lake and the tennis courts. This spacious home features a gym and steam shower, a media room, two large living rooms, and an oversized garage with storage. With four bedrooms and four bathrooms, comfortably entertain guests while you enjoy your Tahoe ski home, perfect in winter and summer.
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MARKET GUIDE
INMAN: 30 Year Mortgage Rates Hit Another Record Low
Mortgage rates hit a new low last week as applications continued a downward trend, with total applications dropping 0.7%, according to the Mortgage Bankers Association.
SALOMON TV: Transamericana, 3,700 Miles
Intrigued and curious about the mentality of the country, ultra-runner Rickey Gates decided to head out on a 5 month run, and see for himself in order to try understand and empathise with his fellow Americans.
NATIONAL GEOGRAPHIC: America’s Scenic Trails Matter Now More Than Ever
The good news is that, by design, the National Scenic Trails are here to stay. They will be around for thru-hikers long after any restrictions subside. In the meantime, there are opportunities to explore shorter sections responsibly.
INMAN: Milennials with Kids Are Embracing the Suburbs
A new National Association of Realtors survey finds younger people want more outdoor space and bigger homes with more rooms — even as walkability remains important.