Median Condominium Price Graph for Truckee Real Estate for 2004 – 8/30/2009
This chart shows the increases and decreases over the last 5 plus years, of median condominium values in the Truckee Real Estate market. This does not include some of the luxury condos in Northstar, or Old Greenwood, as some of those price points (1.6 million) skewed the stats a little bit. The median single family chart took about 20 hours for me to produce, and this one only took 5 or so. (We’re cooking with gas now) Look for the land chart coming soon. Since 2006, condo values in Truckee have decreased 34% YTD.
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 Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market.
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 Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market.
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 | 11 | |
| Olympic Heights | 1 | $268,000 | $268,000 | 92 | |
| Pine Forest | 0 | $0 | $0 | 0 | |
| Pla Vada | 0 | $0 | $0 | 0 | |
| Prosser Lakeview Estates | 4 | $469,375 | $472,500 | 133 | |
| Serene Lakes | 2 | $566,250 | $566,250 | 183 | |
| Sierra Meadows – Ponderosa Palisades | 7 | $413,429 | $405,000 | 99 | |
| Tahoe Donner | 52 | $700,394 | $638,000 | 106 |
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 be in that parade in 1976. I don’t remember what or why, but I do remember that the bi-centennial was a big deal. People just seem a little mellower this year. Perhaps that’s part of this economy. Perhaps people are realizing that we’re all in this together?
Maybe it’s just that there’s a little more time to enjoy the good stuff, and a whole let less worry about how we’re gonna pay for this life we’ve created? Maybe it’s none of that, and I’m just introspective about how this economy has changed my family’s lifestyle? Whatever it may be, it’s changed things for the good in my house. We roll simple now. More camping with friends and less flying to here or there. More time for coaching youth sports. More time to see people I haven’t seen in 10 years.
Oh yeah…More free pancakes please!
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 Greenwood | 1 | $845,000 | $845,000 | 38 |
| Olympic Heights | 1 | $400,000 | $400,000 | 44 |
| Pine Forest | 0 | $0 | $0 | 0 |
| Pla Vada | 1 | $295,000 | $295,000 | 11 |
| Prosser Lakeview Estates | 4 | $520,000 | $407,500 | 172 |
| Serene Lakes | 6 | $714,667 | $629,000 | 51 |
| Sierra Meadows – Ponderosa Palisades | 6 | $400,083 | $428,000 | 25 |
| Tahoe Donner | 80 | 80 | 80 | 80 |
