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.
Hey there everyone, today I am going to give you a quick summer real estate market update for Tahoe and Truckee. To get started, we are seeing our inventory really start to increase, as well as flattening home prices in most areas. This is totally normal for this time of year.
This year, we have seen some great improvements over our numbers from 2014. We took a look at the numbers through June 2015, and compared them to the numbers from June 2014. Here is what we found:
This year, we have seen some great improvements over our numbers from 2014. We took a look at the numbers through June 2015, and compared them to the numbers from June 2014. Here is what we found:
- Our sales volume is up 6%
- The average home price is down 8%
- The median home price is down about 11%
- There are 7% fewer homes on the market
As you can see, the market is starting to level out a bit. This is not to say you should hold off if you are thinking of selling. What it is saying is that at this time of year, you've got to price your home right and have it in good condition in order to sell quickly.
During this time of year, we always see inventory increase. In fact, we have seen our inventory grow by nearly 100 in just over a month.
If you have any questions for us, or are looking to buy or sell a home here in Tahoe/Truckee, give us a call or send us an email. We would love to hear from you!
