2007 4th Quarter Residential Condo Sales Summary

June 24, 2008

Residential Condos Sold in Truckee Subdivisions in the 4th Quarter of 2007:

Truckee Subdivision Number of Listings Average Sold Price Median Sold Price Average Days on Market
SEVEN NR UNNAMED-7NR 3 $335,000 $350,000 81
ASPEN GROVE-7NS 2 $307,500 $307,500 68
GOLD BEND-7NS 4 $545,000 $532,500 132
INDIAN HILLS-7NS 2 $497,500 $497,500 114
NORTHSTAR VILLAGE-7NS 8 $1,242,036 $1,307,500 462
SKI TRAIL-7NS 2 $579,500 $579,500 204
SEVEN SO UNNAMED-7SO 2 $414,500 $414,500 105
PONDEROSA PAL TOWNHS-7SO 1 $377,000 $377,000 58
DONNER LAKE VILLAGE-8DL 1 $147,000 $147,000 130
NORDEN-8DS 5 $1,129,032 $1,148,000 86
TAHOE DONNER 10-9TD 2 $462,500 $462,500 31
TAHOE DONNER 02-9TD 3 $409,000 $390,000 45
TAHOE DONNER 03-9TD 1 $293,000 $293,000 15
TAHOE DONNER LODGE-9TD 3 $132,333 $118,000 60
TAHOE DONNER SKI BOWL-9TD 2 $256,000 $256,000 123
PINYON CREEK-7SO 3 $778,333 $775,000 446
THE BOULDERS-7DN 3 $462,333 $410,000 97
NORTHSTAR HIGHLANDS-7NS 5 $3,221,600 $3,145,000 4
STONERIDGE-7DN 1 $410,450 $410,450 251
         
Totals 53 $877,036 $515,000 162
How Sold
    CONVENTIONAL 40 $926,597 $0 187
    CASH 12 $759,500 $0 84
    OTHER 1 $305,000 $305,000 119
         
Non Co-op Sales 26 $1,231,780 $835,000 205
Co-op Sales 27 $535,430 $430,000 121

Truckee Real Estate Statistics and Information provided by Bret Churchman, Pine Ridge Properties, Inc.
Statistics provided from the Tahoe Sierra Board of Realtors MLS.  All information deemed reliable, but, not garanteed.

2007 4th Quarter Residential Homes Sales Summary

June 24, 2008

Residential Homes Sold in Truckee Subdivisions in the 4th Quarter of 2007:

Truckee Subdivision Number of Sales Average Sold Price Median Sold Price Average Days on Market
GATEWAY-7DN 1 $430,000 $430,000 291
MOODYS EXTENSION-7DN 1 $347,500 $347,500 48
CAMBRIDGE EST-7GL 2 $812,500 $812,500 50
GLENSHIRE 1-7GL 1 $599,000 $599,000 274
GLENSHIRE 2-7GL 3 $495,000 $475,000 111
VERDI-7HE 2 $600,000 $600,000 157
PROSSER LAKEVIEW EST-7NR 3 $474,000 $500,000 104
RUSSELL VALLEY-7NR 2 $400,500 $400,500 8
NORTHSTAR HOMES-7NS 7 $1,602,143 $1,250,000 109
LAHONTAN-7SO 3 $1,736,667 $1,730,000 508
MARTISWOODS EST-7SO 2 $982,500 $982,500 61
OLYMPIC HEIGHTS-7SO 1 $350,000 $350,000 19
PONDEROSA PAL SOUTH-7SO 1 $465,000 $465,000 60
SIERRA MEADOWS-7SO 2 $517,500 $517,500 35
DONNER WOODS 1-8DL 1 $1,330,000 $1,330,000 88
LAKEVIEW SUBDIVISION-8DL 1 $599,000 $599,000 34
WEEKS TRACT-8DL 1 $365,000 $365,000 145
PLA VADA-8DS 3 $370,000 $400,000 71
SERENE LAKES-8DS 4 $660,500 $703,500 90
SODA SPRINGS-8DS 3 $401,667 $460,000 129
TAHOE DONNER 01-9TD 8 $555,500 $547,500 113
TAHOE DONNER 10-9TD 4 $1,008,000 $771,000 166
TAHOE DONNER 11-9TD 6 $914,583 $882,500 65
TAHOE DONNER 02-9TD 3 $942,101 $750,000 217
TAHOE DONNER 03-9TD 2 $1,187,000 $1,187,000 14
TAHOE DONNER 04-9TD 5 $1,010,900 $692,500 80
TAHOE DONNER 05-9TD 5 $758,380 $585,000 86
TAHOE DONNER 06-9TD 3 $798,900 $777,700 49
TAHOE DONNER 07-9TD 5 $657,000 $650,000 75
TAHOE DONNER 08-9TD 3 $930,000 $946,000 126
TAHOE DONNER 09-9TD 4 $600,936 $616,000 63
PINE FOREST-7NR 3 $865,000 $865,000 351
WINTER CREEK-7SO 2 $708,500 $708,500 84
DONNER CREST-9AJ 1 $675,000 $675,000 204
THE CABINS-8DL 1 $1,000,000 $1,000,000 181
         
Totals 99 $807,810 $665,000 118
How Sold
    CONVENTIONAL 75 $685,846 $633,000 106
    CASH 23 $1,225,422 $965,000 163
    PRIVATE 1 $350,000 $350,000 19
         
Non Co-op Sales 25 $909,920 $752,000 148
Co-op Sales 74 $773,313 $647,500 108

 

Truckee Real Estate Statistics and Information provided by Bret Churchman, Pine Ridge Properties, Inc.
Statistics provided from the Tahoe Sierra Board of Realtors MLS.  All information deemed reliable, but, not garanteed.

Amazing Summer Days.

June 21, 2008

It seems like I’m the last guy in real estate to get a blog.  Well, drop a few hundred bucks with your web design people, and…bingo, my favorite chubby realtor has a blog.  Not so sure about how to act, what to say, or if anyone even cares.  But dog-gone-it if I’m not back on the cutting edge.

Now…what critical piece of information could I impart on my first post?  After all, the first one’s got to be good doesn’t it?  What seriously comes to mind on a Saturday morning like this is the realization the I am beyond blessed to wake up in Truckee on a day like today.  It’s days like this, that schlumps like me shovel snow all winter for.  Just so you can take my word for it, the forecast is for the upper 70’s as a high, and we began the day in the low 40’s.  Right now there’s neither a cloud in the sky, or a whisper of wind.  A thunder shower this afternoon would be a welcome reprieve from the pine pollen though.  Not to belabour the point, but summer is an amazing time in the high Sierra.  I’m well aware that the majority of the free world waits anxiously for the return of Tahoe’s glorious powder days of mid-winter, but for a lifelong resident like me…Summer is where it’s at.  At risk of being smug…You should be this lucky. 

Now for the Realtor part.  You could be this lucky!  There are a ton of great values on the market in Truckee and North Lake Tahoe right now.  Times are tough and some people really need to sell.  If rates continue to creep up as they’re expected to do, you could already have missed the “bottom” of this downturn in terms of purchasing power.  If you’ve considered getting your own place up here, you should seriously take advantage of the opportunity that this market presents.

Enough of that.  Come to the mountains…soon.  Summer is an amazing time in Tahoe.

Welcome to Bret Churchman’s Blog

June 14, 2008

Here you will find all news and information related to Truckee and surrounding area real estate.

The Meadows / Buckhorn Ridge Neighborhood Profile

January 30, 2008

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Located just east of Glenshire, The Meadows is a well-kept secret of the Sierras. The Meadows and Buckhorn Ridge are comprised of estate-sized, 5 to 15 acre parcels and beautiful custom homes. Quiet streets wander slowly through gently rolling terrain with open meadows and tall pines, all surrounded by captivating mountain vistas. Zoned for horses, this secluded gated community offers residents quiet privacy in an abundant natural setting, with easy proximity to Interstate 80 for a quick drive into Truckee, or less than a ½ hour drive to Reno.

Recreational opportunities abound here. In addition to being close to Tahoe’s great ski resorts, Boca, Prosser and Stampede Reservoirs are just moments away, with terrific boating, fishing and water sports. The Truckee and Little Truckee Rivers flow by, with excellent fly fishing. Virtually endless trails wind through the surrounding mountains, for great cross country skiing, hiking, horseback riding, and mountain biking. Additionally, it’s just a quick drive to downtown Truckee: for shopping, dining and more.

Homes begin at around $1,500,000. These attractive and inviting homes are spacious and luxurious, with a comfortable, classic mountain style. These neighborhoods offer a welcoming sense of community, but because all the parcels are large, at least 5 acres, the homes are quite widely spaced for a real feeling of peaceful solitude. Many have barns, stables and corrals for horses. If you place a high premium on quiet and privacy, and like to have plenty of room to roam, then The Meadows and Buckhorn ridge may be the ideal place to live your mountain dream!

Click Here to see all: The Meadows and Buckhorn Ridge Property Listings