2007 4th Quarter Residential Homes Sales Summary
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.
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
Here you will find all news and information related to Truckee and surrounding area real estate.
