Tahoe/Truckee Market Update

Greetings,

The transition into spring caught many off guard.  The abundance of snow in recent storms kept our down coats on the top of the rack.   The seasons change appeared most detectable off the mountain in the lower elevations.  While the snowpack is at its deepest of the year on the mountains, town has defrosted. Morning chills thaw under the spring sunshine fashioning epic afternoon après ski conditions.   The abundance of snow pack will keep the skiers happy while spring festivals; concerts and various events will take advantage of the longer spring days.  Now is the time to visit Tahoe for sunshine,  spring conditions,  and overall fun in the mountains for the entire family.

 

This week I am updating you on the 1st quarter market activity specific to each community.  While unanticipated winter success has been apparent for some of the more summer orientated communities (like Gray’s Crossing), other areas of the market have struggled to shine despite the abundance of pent up demand for snowfall (like The Northstar Village).    Much of this attraction, or lack there of, is the changing dynamics of the buyer and the attraction to new construction.   The brand new construction in communities like Martis Camp and Mountainside has pilfered attraction from the more mature construction communities like Lahontan or The Village at Northstar.  New construction is flying off the rack at elevated prices leaving considerate value in the more timeworn products mountain moden properties.

As to not engulf you with an abundance of words,  please feel free to contact me directly for a more specific breakdown of your favorite community.

Martis Camp

Sold (16),  Pending (7), Active (52) 

Community Overview and Property Search

Sold | Pending | Active Homes | Homesites

 

Gray’s Crossing

Sold (6), Pending (8), Active (25)

Community Overview and Property Search

Sold | Pending | Active | Homes |  Homesites

 

Old Greenwood

Sold (0), Pending (0), Active (5)

Community Overview and Property Search

Sold (None) | Pending (None)

Active | Homes | Homesites

 

Old Greenwood Fractional

Sold (8), Pending (3), Active (68)

Sold | Pending | Active | Cabins |  Townhomes

 

Schaffer’s Mill 

Sold (0), Pending (3), Active (12)

Community Overview and Property Search

Sold (none) | Pending | Active | Homes | Homesites

 

Lahontan

Sold (9), Pending (8), Active (51)

Community Overview and Property Search

Sold | Pending | Active | Homes | Homesites

 

Northstar Village

Sold (5), Pending (4), Active (53)

Community Overview and Property Search

Sold | Pending |

Active

0 – 1 Bed | 2 – 3 Bed  | 4– 5 Bed | Fractional Ownership

 

Mountainside at Northstar

Sold (2), Pending (3), Active (23)

Community Overview and Property Search

Sold | Pending

Active

Stellar Collection | Constellation | Trailside Townhomes | Home Run Townhomes

Custom M25 Homes | M25 Homesites | Ritz-Carlton Residences

 

Northstar Homes and Condos

Sold (9), Pending (6), Active (35)

Community Overview and Property Search

Sold | Pending

Active

< $1,000,000 Homes

> $1,000,000 Homes

Homesites

Thank you very much for your time.  As always,  Please feel free to pass this update along to friends and family as I greatly appreciate any referrals.  I would be happy to give you a tour of any of the communtiies in our area on your next Tahoe visit.  I look forward to hearing from you.

Best,

TAHOE MOUNTAIN REALTY

JASON WATERS
BRE 01954510
M. 530.414.1600
www.tahoemountainrealty.com


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