The Market Monitor
November 1, 2008
Re: Truckee Area Real Estate Market
Dear Client;
Market Overview
The market experienced a slow down the last 2 weeks of October. There were 2 sales in Old Greenwood, which has been very slow so far this year. Tahoe Donner saw 4 home sales in the $1,400,000 range. All in all sales off but definitely interest in our market.
The lot market was still very slow.
Tahoe Donner
There were 12 home sales with 4 sales over $1 million. There were 3 lot sales. Lahontan There were no home sales.
Old Greenwood/Grays Crossing
There were 2 home sales in Old Greenwood, no sales in Grays Crossing.
Northstar
There was one home sale, asking price $3,125,000.
Glenshire/Sierra Meadows/Prosser/Donner Lake
There were 12 home sales concentrated in the lower end of the market.
Squaw Valley / Alpine Meadows
There were 3 home sales in Alpine Meadows and one condo sale in Squaw.
If you would like more detailed information or specific information related to your property, please do not hesitate to call. If you know anyone that we can assist to become an owner in our beautiful area and be one of your neighbors, please let us know. If there is anything we can do to help you with your business, we would like to know.
Thank you for your support.
Sincerely,
Bob and Nancy
The Davis ♦ Yoder Realty Group
Keller Williams Boice Realty
www.truckeeinfo.com
ryoder@truckeeinfo.com
530-550-5177
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