Lake Tahoe Truckee Market Report January 2012

Lake Tahoe Truckee Market Report January 2012

Comparing real estate sales in January 2012 to January 2011, there are some good news even though the prices still trend lower.

You can see that many more homes in Tahoe Donner were sold in January 2012 than in 2011. Tahoe Donner remains an attractive market for the search of a mountain home. Overall more single family were sold in January of this year than last year. The same cannot be said for condos & townhomes, we have a 35% decrease in number of units sold.

The median price for single family has come down across the board but condo/townhome prices in Truckee actually had a 34% increase.

There have been an increase in activities since the first of the year. Good inventory coupled with the favorable low interest rate present a great opportunity for buyers in pursuit of their dream mountain homes.

If you want more information on Lake Tahoe Truckee market, you can email me or pick up the phone and I will be happy to discuss our local market condition with you.

Originally posted at www.TahoeTruckeeHome.com