Squaw Valley and Alpine Meadows Market Update February 2009

By
Real Estate Agent with Referral Network Inc.

SQUAW VALLEY/ALPINE MEADOWS Residential Market Update

 

Currently Active                      47 Homes

Pending Sales                         1 Home (list price $1,799,000)

Closed Sales January 2009      1 Home/Sold price $540,000.00/ List to Sale--90% /Days on Market--131   

Closed Sales January 2008       2 Homes/List to Sale-93% /Days on Market-96

Closed Sales January 2007       1 Home/List to Sale-103% /Sold before completion

Closed Sales January 2006       1 Home/List to Sale-83% /Days on Market-184

Closed Sales January 2005       4 Homes/List to Sale-94% /Days on Market-115/

Approximately 48 months inventory

List prices range from $539,000.-4,900,000.

Average List Price $1.622,372.00

Median List Price $1,275,000.

Average Days on Market-215

Median Days on Market-166

 Year to Year Sales Comparison

 January 1-December 31

2008

2007

% Change

Sales Volume

$37,261,625

$37,028,500

0.6%

Units Sold

25

27

-7.4%

Median Price

$950,000

$1,100,000

-13.6%

Average Price

$1,490,465

$1,371,425

8.7%

Units < $1 Million

14

13

7.7%

Units > $1 Million

11

14

-21.4%

DOM Median

120

105

14.3%

DOM Average

151

186

-18.8%

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Rainer
167,066
Tamara Perlman
Referral Network Inc. - Truckee, CA

January home sales are not far off from the historical numbers, except for 2005, which was an unusually active market for the heart of winter.

Feb 19, 2009 04:56 PM #1
Rainer
494,722
Lynn911.com ~ Dallas Real Estate Agent Top Team
Dallas Houses for Rent Dallas Apartment Rentals Lynn911.com - Dallas, TX

At least some homes sold ! Have a wonderful and successful week.

Feb 22, 2009 04:27 PM #2
Rainer
167,066
Tamara Perlman
Referral Network Inc. - Truckee, CA

Hi Lynn--

Squaw and Alpine have always been slower sales than the rest of the area.  I'd better post some other stats so people don't think we're not selling any homes! 

Feb 23, 2009 02:06 AM #3
Rainer
494,722
Lynn911.com ~ Dallas Real Estate Agent Top Team
Dallas Houses for Rent Dallas Apartment Rentals Lynn911.com - Dallas, TX

Keep posting away I post sales in areas show increase for %, higher sq. ft. keeps buyers not wanting to low ball offers.

Feb 26, 2009 01:46 PM #4
Rainer
167,066
Tamara Perlman
Referral Network Inc. - Truckee, CA

My graphs did not come thru on this one.  Been trying to figure out how to post my other market stats.  We had very small decreases overall last year.  Not what people think!

Feb 26, 2009 02:29 PM #5
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Rainer
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Tamara Perlman

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