Median Single Family Home Graph for Truckee Real Estate, 2004 – 8/30/2009

This fancy new graph (I’ve got about 20 hours in to this) is my first effort.  It shows median prices in the overall Truckee Real Estate area from 2004 through August 30, 2009.  To do the math for you, we are off the 2005 highs at about 28%.  This is market wide here in Truckee, and only single family homes.  Some neighborhoods have been hit harder. NOTE:  This representation is based in whole or in part on data supplied by the Tahoe Sierra Board of Realtors or its MLS.  Neither the... (more...)

4th Quarter 2008 Single Family Residential Sales

Truckee Area Number of Sales Average Sold Price Median Sold Price Average Days on Market Donner Lake 1 $396,000 $396,000 168   Donner Summit 1 $335,000 $335,000 41   Downtown Truckee 32 $710,393 $845,000 78   Glenshire 10 $471,650 $380,000 130   Gray’s Crossing 0 $0 $0 0   Lahontan 0 $0 $0 0   Martiswoods – Ponderosa Ranchos 1 $1,135,000 $1,135,000 73   Northstar 3 $2,500,000 $2,875,000 119   Old Greenwood 1 $1,072,500 $1,072,500... (more...)

Feeling Lucky

The 4th of July festivities this year made me feel really good about our little Town of Truckee.  I got to cook sausages for 4 hours at the Pancake Breakfast at the fire station.  We estimated about 1600 people got to enjoy a free breakfast this year, as part of the fire fighters giving back to the community.  I got to cook with people I had not seen in years, but have known since I was a kid.  The parade is always classic.  A true slice of Americana.  I can remember the first time I got to... (more...)

3rd Quarter 2008 Single Family Residential Sales

3rd Quarter 2008 Single Family Residential Sales Truckee Area Number of Sales Average Sold Price Median Sold Price Average Days on Market Donner Lake 9 $817,000 $495,000 99 Donner Summit 7 $654,715 $618,000 45 Downtown Truckee 2 $315,500 $315,500 3 Glenshire 12 $496,229 $443,000 112 Gray’s Crossing 0 $0 $0 0 Lahontan 4 $2,073,750 $1,960,470 47 Martiswoods – Ponderosa Ranchos 1 $995,000 $995,000 96 Northstar 2 $3,287,500 $3,287,500 96 Old... (more...)

A Silver Lining?

It’s getting harder and harder to watch the news, don’t you think?  The talking heads have got to have a drum to beat on, and they hit it hard and often.  Remember OJ, Lacy Peterson, Iraq?  The media killed us with that stuff, until it was time to move on to the crisis du-jour. Today’s crisis is hitting us all where it hurts though.  Our 401K’s are now 201K’s. (I didn’t make that up, so kudos to whoever did).  Our home’s are worth a whole lot less... (more...)