2019 in Prices
To Buy or To Sell; That is the Question
A Year in Real Estate 2018
Here’s what happened in the real estate world last year.
Timing the Sale
Recessionary times aside, the best time to sell your home or condo is when there are lots of buyers in the market and little or no interesting inventory.
Enter: The Bidding War
The second quarter this year started with very limited single-family inventory at affordable price points. When the pent-up demand was unleashed on a new listing that showed well in a great location, the result was a white-knuckle experience for buyers.
Newer Builds Showcase Mountain Modern Aesthetic
Homes reminiscent of Frank Lloyd Wright are sprouting up around Tahoe and redefining the traditional Lodge aesthetic that has long defined mountain homes.
Booming Reno Housing Market Driven by Jobs
Almost 50 new developments are currently underway in Reno/Sparks, with a cluster of new growth in the Southeast.
Summer — Hot Selling Season in Tahoe
The total number of homes sold was down 4 percent from the third quarter of last year. But prices rose almost 10 percent to a median high of $672,250. That’s a number we haven’t seen in Tahoe since 2005, when the median price of a single family home hit $737,500.
A Surprisingly Balanced Scale
In a surprising twist of fate just as many Truckee/Tahoe homes sold for less than $500,000 as did for more than $1 million.