First Quarter 2008 Land Sales

August 12, 2008

Truckee Area Number of Sales Average Sold Price Median Sold Price Average Days on Market
Donner Crest 0  $                         -    $                         -   0
Donner Lake 0  $                         -    $                         -   0
Donner Summit 0  $                         -    $                         -   0
Glenshire & Surrounding 1  $            225,000.00  $            225,000.00 490
Glenshire Acreage 5  $            355,400.00  $            370,000.00 71
Gray’s Crossing 25  $            304,400.00  $            305,000.00 124
Lahontan 2  $            302,500.00  $            302,500.00 274
Martiswoods - Ponderosa Ranchos 0  $                         -    $                         -   0
Northstar 0  $                         -    $                         -   0
Old Greenwood 0  $                         -    $                         -   0
Olympic Heights 0  $                         -    $                         -   0
Pine Forest 0  $                         -    $                         -   0
Pla Vada 0  $                         -    $                         -   0
Prosser Lakeview Estates 0  $                         -    $                         -   0
Russell Valley 0  $                         -    $                         -   0
Serene Lakes 2  $            231,250.00  $            231,250.00 90
Sierra Meadows - Ponderosa Palisades 0  $                         -    $                         -   0
Tahoe Donner 5  $            251,400.00  $            220,000.00 253

Second Quarter 2008 Condominium Sales

August 8, 2008

Truckee Area Number of Sales Average Sold Price Median Sold Price Average Days on Market
Aspen Grove - Northstar 0  $                          -    $                         -   0
Donner Lake Village 1  $             110,000.00  $            110,000.00 353
Donner Pines West 0  $                          -    $                         -   0
Gold Bend - Northstar 1  $             560,000.00  $            560,000.00 159
Indian Hills - Northstar 0  $                          -    $                         -   0
Northstar Highlands 0  $                          -    $                         -   0
Northstar Village 4  $          1,452,000.00  $         1,305,000.00 404
Pinyon Creek 0  $                          -    $                         -   0
Ponderosa Palisades Townhomes 1  $             310,000.00  $            310,000.00 10
Riverview Townhomes 1  $             436,500.00  $            436,500.00 166
SkiTrail - Northstar 0  $                          -    $                         -   0
StoneRidge 0  $                          -    $                         -   0
Tahoe Donner 3  $             406,666.00  $            410,000.00 113
Tahoe Donner Golf 0  $                          -    $                         -   0
Tahoe Donner Lodge 0  $                          -    $                         -   0
Tahoe Donner Skibowl 2  $             245,000.00  $            245,000.00 66
The Boulders 2  $             464,500.00  $            464,500.00 91

Second Quarter 2008 Single Family Residential Sales

August 8, 2008

Truckee Area Number of Sales Average Sold Price Median Sold Price Average Days on Market
Acreage Areas 3  $             991,833.00  $         1,038,000.00 94
Armstrong Tract 3  $             321,667.00  $            335,000.00 208
Donner Lake 2  $             629,000.00  $            629,000.00 209
Donner Summit 0  $                          -    $                         -   0
Downtown Truckee 2  $             352,000.00  $            352,000.00 139
Glenshire 13  $             466,346.00  $            439,900.00 109
Gray’s Crossing 0  $                          -    $                         -   0
Lahontan 0  $                          -    $                         -   0
Martiswoods - Ponderosa Ranchos 1  $             705,000.00  $            705,000.00 150
Northstar 3  $          1,038,333.00  $            995,000.00 132
Old Greenwood 0  $                          -    $                         -   0
Olympic Heights 1  $             585,000.00  $            585,000.00 320
Pine Forest 0  $                          -    $                         -   0
Pla Vada 0  $                          -    $                         -   0
Prosser Lakeview Estates 4  $             493,625.00  $            512,250.00 193
Russell Valley 0  $                          -    $                         -   0
Serene Lakes 9  $             584,167.00  $            600,000.00 140
Sierra Meadows - Ponderosa Palisades 9  $             506,888.00  $            470,000.00 101
Tahoe Donner 49 738816  $            635,000.00 111