The table below shows that North Upper Truckee 1 & 2 Neighborhoods saw a drop in the number of sales from the previous year. The number of sales decreased from 63 to 55 closed sales. The main reason we would see a decrease like this is likely due to low inventory.  We still saw a rise in the median sale price which increased from $665,000 in 2020 to $8751,500 in 2021. The median sale price is the strongest indication of current values. The average sales price can Continue Reading

The table below shows that the Montgomery Estates Neighborhood saw a large drop in the number of sales from the previous year. The number of sales decreased from 81 to 57 closed sales. The main reason we would see a drop like this is likely due to low inventory.  We still saw a rise in the median sale price which increased from $711,250 in 2020 to $870,000 in 2021. The median sale price is the strongest indication of current values. The average sales price can vary Continue Reading

The table below shows that the Meyers Neighborhood rose slightly in the number of sales from the previous year. The number of sales increased from 26 to 31 closed sales. We did see a rise in the median home price which increased from $461,750 in 2020 to $650,000 in 2021. The median home price is the strongest indication of current values. The average sales price can vary greatly due to excessively high or low sales. In the Highland Woods area we saw it increased from Continue Reading

The table below shows that the Highland Woods Neighborhood rose slightly in the number of sales from the previous year. The number of sales increased from 12 to 16 closed sales. We did see a rise in the median home price which increased from $537,500 in 2020 to $634,500 in 2021. The median home price is the strongest indication of current values. The average sales price can vary greatly due to excessively high or low sales. In the Highland Woods area we saw it increased from Continue Reading

The table below shows that the Heavenly Valley Neighborhood has a similar number of sales from the previous year. The number of sales held steady and only decreased from 54 to 52 closed sales. We did see a rise in the median home price which increased from $691,000 in 2020 to $927,000 in 2021. The median home price is the strongest indication of current values. The average sales price can vary greatly due to excessively high or low sales. In the Heavenly Valley area we saw it Continue Reading

The real estate market is showing almost no change in number of sales from the previous year within the Gardner Mountain Neighborhood. The number of sales decreased from 29 to 28 closed sales. We did see a spike in the median home price which increased from $469,000 in 2020 to $639,000 in 2021. The median home price is the strongest indication of current values. The average sales price, which can vary greatly due to excessively high or low sales, increased from $507,604 to Continue Reading

As you can see from the table shown below, the real estate market is showing a decline in sales from the previous year within the Christmas Valley Neighborhood. The number of sales drastically decreased from 47 to 28 closed sales due to the fact that we had low inventory during this year. We did see a spike in the median home price which increased from $575,000 in 2020 to $690,000 in 2021. The median home price is the strongest indicator of current values. The average sales Continue Reading