What Did 2013 Bring You?



Today I wanted to give you a recap of 2013 and also what you can expect in 2014 for the Truckee/Tahoe market. 2013 was an exciting real estate year and we continuing to stabilize and see strong growth in our market. Our average price is up about 10% right now and the median price is currently up about 11%. The exciting part is that inventory is down 9% from last year; this should allow continuing growth for prices through the springtime.

Looking toward 2014, keep in mind that our inventory typically doubles by July. If we look at last year, the average price dropped by over $100,000 from April-July when your compare it to last year between October and March. If you’re thinking about selling your property and taking advantage of low inventory and low interest rates, be sure to do so March to beat the crowd!

If you’re looking for a home, we can find you that perfect mountain home. Thanks and have a great day!