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What Do Continuing Dry Conditions Mean for the Truckee Marketplace?
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!

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!