What Do Continuing Dry Conditions Mean for the Truckee Marketplace?

There are many great Truckee area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (530) 582-6900 for a FREE home buying consultation to answer any of your real estate questions.

It's time for yet another Truckee market update! Specifically, we want to discuss the impact the recent California drought has had on our area market. Skiers surely aren't happy about the lack of snow, but how has the market at large reacted?

Despite the lack of ideal weather conditions, we haven't seen anything out of the ordinary as far as the real estate market is concerned here in Truckee. In fact, it keeps improving steadily as we move closer to the busy spring season. When compared to this time last year, the number of sales is up 33%, despite a slight rise in inventory. That's not all, the average sales price of homes jumped from $610,000 in 2014, to $721,000 this year!

In Tahoe Donner, homes priced over a million dollars are selling really well right now! In general, homes that are in really great condition in the $500K-$800K price range are selling as well. When looking at the North Shore and West Shore of Lake Tahoe, newer homes or homes in like-new condition are selling fast - in the last two weeks, we've had bidding wars on two homes in the area priced between $600K-$900K! Talking to other agents in the area, we've noticed that there aren't even enough homes to sell to the many people who are looking to buy! So, if you've been on the fence about selling, now is the time to take advantage of the market and get a great value for your home!

If you have any questions about market conditions here in Truckee, or if you need real estate assistance of any kind, don't hesitate to give us a call or shoot us a quick email. We would love to give you a hand!

About

Christy, a Truckee/North Tahoe resident since1988, stands out as a leader in the area’s real estate market. Her pro-active business approach keeps her consistently ranked in the top 1% of local agents. With nearly $40 million in sales over the past ten years, Christy knows how to get the job done.  Christy’s mission is to bring buyers and sellers together in order for them to reach their investment,financial, and personal goals. By working closely with buyers and productive real estate agents in the area, Christy is able to give your property the maximum amount of exposure so that you can net the most money possible on the sale.

“There are many qualities and skills that go into being an excellent real estate professional – integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of my business philosophy. In my experience as a real estate professional, I’ve also found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to your needs.

This “client first” philosophy has always been my approach and it requires me to continually improve my skills and ways of doing business. In addition, I’ve found the latest technologies enable me reach more buyers or sellers much more quickly and efficiently and also help me to extend the range of services I provide to my clients. So when you decide that you’d like to buy or sell a home in the Truckee North Tahoe area, please contact me. I look forward to providing you with an exceptional real estate experience.”

Christy Morrison
Oliver Luxury Real Estate
Truckee, CA
Phone:530-582-6900
Fax:530-582-0193
christy@oliverlux.com

What our pleased Lake Tahoe clients have to say

"Thank you so much for taking the extra effort to make our first home purchase successful. You were there guiding us through all the crucial and important steps! You really listened to what we wanted in our home and you found exactly what we were looking for - at an amazing price! If we ever outgrow this home, we'll definitely be calling you!"

"You made buying a home so easy for my wife and I. We were grateful for how much patience you used in answering all of our questions and taking us to look at so many houses. You never pushed us into looking at something we were not interested in. We strongly recommend you to anyone looking at buying a new home."

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