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MICROMARKET REPORT | SQUAW VALLEY/ALPINE MEADOWS•YEAR END 2019


SQUAW VALLEY & ALPINE MEADOWS

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SQUAW VALLEY & ALPINE MEADOWS market update Located 11 miles from Truckee and 7 miles from Tahoe City in Olympic Valley, Squaw Valley’s dramatic peaks and exceptional terrain played host to the 1960 Winter Olympics. Squaw’s sister mountain, Alpine Meadows, shares a zip code with Tahoe City and is regarded as the more laid-back of the two resorts.

5 YEAR TRENDS January through December Median Price Properties Sold

2015

2016

2017

2018

2019

$567,000

$545,000

$567,000

$553,500

$649,000

66

115

118

84

115

With vast 3,600 skiable acres containing terrain parks and miles of runs for all skill levels, Squaw Valley was voted best ski resort in North America by USA Today readers. For those preferring flatter lands, Squaw Valley offers a tubing hill plus snowshoe and cross-country ski trails provide something for everyone each winter. At Squaw’s 8,200-foot elevation High Camp, an alluring, grandiose pool and hot tub await, as well as the spectacular views of surrounding peaks and Lake Tahoe. The Village at Squaw Valley is a pedestrian village at the base of the ski area offering a variety of shops and restaurants, as well as quite dog-friendly. Above the Village are condominium residences and lodging options with exceptional amenities and access to the region. Nearby, the high-end Resort at Squaw Creek offers an eclectic mix of activities such as footgolf, fly fishing and an 18-hole alpine golf course, with the snow-capped skiing utopia a shuttle ride away in winter. Multiple restaurants and a spa enhance any resort excursion. A paved bike trail runs along the Truckee River from Tahoe City and into the Village at Squaw Valley. Both Squaw Valley and Alpine offer a variety of single family and condo home ownership options with great rental opportunities for part time residents. sierrasothebysrealty.com

Based on Information from the Tahoe Sierra MLS as of Jan 1, 2020. This representation is based in whole or in part on data supplied by the Tahoe Sierra MLS . Tahoe Sierra MLS does not guarantee nor is in any way responsible for its accuracy.

MICROMARKET REPORT | Squaw Valley/Alpine Meadows JANUARY - DECEMBER 2019 • TAHOEMICROREPORTS.COM


SQUAW VALLEY | Single Family January through December

2018

2019

Median Price

$1,241,250

$1,425,000

15%

Average Sold Price

$1,271,775

$1,563,847

23%

293

119

-59%

Highest Sold Price

$2,150,000

$3,650,000

70%

Lowest Sold Price

$485,000

$581,500

20%

16

23

44%

91%

95%

4%

$20,348,400

$35,968,500

77%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

% Change

15% Median price for single family homes in Squaw Valley improved by 15% in 2019 from $1,241,250 to $1,425,000.

SQUAW VALLEY | Condo January through December

2018

2019

% Change

Median Price

$477,500

$475,000

-1%

Average Sold Price

$484,662

$538,103

11%

219

154

-30%

Highest Sold Price

$875,000

$1,425,000

63%

Lowest Sold Price

$168,000

$136,000

-19%

54

65

20%

97%

96%

-1%

$26,171,800

$34,976,750

34%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

Pictured: 1390 Lanny Lane | $2,295,000

THE VILLAGE AT SQUAW | Condo January through December

2018

2019

% Change

Median Price

$485,000

$570,000

18%

Average Sold Price

$520,290

$629,891

21%

101

137

36%

Highest Sold Price

$851,500

$1,425,000

67%

Lowest Sold Price

$292,800

$319,000

9%

20

23

15%

96%

96%

0%

$10,405,800

$14,487,500

39%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

21% Average sold price for The Village at Squaw condos improved by 21% in 2019 from $520,290 to $629,891.

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ALPINE MEADOWS | Single Family January through December

2018

Median Price

$1,150,000

$802,500

-30%

$1,301,111

$963,000

-26%

133

65

-51%

Highest Sold Price

$2,150,000

$3,650,000

70%

Lowest Sold Price

$760,000

$430,000

-43%

9

22

144%

97%

98%

1%

$11,710,000

$21,186,000

81%

Average Sold Price Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

1%

Average sales price for condos in Alpine Meadows in 2019 was $406,800. Average single family home sale price was $963,000.

2019

% Change

ALPINE MEADOWS | Condo January through December

2018

2019

% Change

Median Price

$419,000

$424,000

1%

Average Sold Price

$410,400

$406,800

-1%

268

29

-89%

Highest Sold Price

$502,000

$515,000

3%

Lowest Sold Price

$322,000

$310,000

-4%

5

5

0%

97%

99%

2%

$2,052,000

$2,034,000

-1%

Average Days on Market

Properties Sold % Sold Price to Average List Price Total Dollar Volume Sold

MICROMARKET REPORT | Squaw Valley/Alpine Meadows sierrasothebysrealty.com

JANUARY - DECEMBER 2019 • TAHOEMICROREPORTS.COM


The life you love.

sierrasothebysrealty.com | tahoemicroreports.com Based on Information from Tahoe Sierra MLS MLS. This representation is based in whole or in part on data supplied by Tahoe Sierra MLS MLS. Tahoe Sierra MLS MLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by Tahoe Sierra MLS MLS may not reflect all real estate activity in the market.

Profile for Sierra Sotheby's International Realty

Squaw Valley & Alpine Meadows 2019 Year End Real Estate Market Report  

2019 Year End real estate market statistics for Squaw Valley & Alpine Meadows

Squaw Valley & Alpine Meadows 2019 Year End Real Estate Market Report  

2019 Year End real estate market statistics for Squaw Valley & Alpine Meadows