2023 (12MO) Tahoe - Truckee Resort Community Report

NO R T H STA R E NTIRE RESORT YEAR

UNITS

AVG. PRICE

MEDIAN PRICE

AVG. DOM

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

91 98 98 63 103 111 96 88 175 149 77 79

$718,521 $864,513 $964,998 $714,688 $999,859 $987,000 $1,017,930 $947,464 $1,122,686 $1,272,238 $1,577,856 $1,579,254

$515,000 $677,000 $710,000 $445,000 $737,500 $722,500 $801,750 $715,000 $877,000 $900,000 $1,350,000 $1,420,000

191 166 145 126 121 126 105 129 76 51 42 66

NO R T H STA R CONDOMIN IUM / TOWN HO ME S YEAR

UNITS

AVG. PRICE

MEDIAN PRICE

AVG. DOM

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

58 70 63 47 60 73 64 60 107 109 47 53

$751,000 $1,982,862 $1,115,277 $612,285 $746,651 $594,567 $840,004 $754,440 $875,046 $942,889 $1,188,211 $1,411,803

$383,500 $361,500 $426,500 $390,000 $441,000 $485,000 $530,000 $465,000 $555,000 $759,000 $850,000 $935,000

197 140 110 121 121 111 125 77 59 33 56

NO R T H STA R S INGLE FAMILY HOMES BIG SPRINGS

VINTAGE NORTHSTAR

YEAR

UNITS

AVG. PRICE

MEDIAN PRICE

YEAR

UNITS

AVG. PRICE

MEDIAN PRICE

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

7 6 7 1 11 10 6 9 17 7 8 5

$1,755,859 $1,749,295 $1,466,428 $3,500,000 $2,792,727 $2,297,500 $2,706,000 $2,093,000 $2,813,000 $3,367,171 $3,652,000 $3,645,000

$1,600,000 $1,627,887 $1,415,000 $3,500,000 $3,100,000 $2,745,500 $2,425,000 $1,870,000 $2,425,000 $3,050,000 $3,600,000 $3,250,000

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

26 22 28 15 32 29 26 19 52 33 22 21

$587,826 $810,986 $776,851 $849,866 $858,328 $905,000 $1,067,692 $1,014,105 $1,137,000 $1,481,242 $1,655,000 $1,510,000

$540,000 $768,600 $762,000 $790,000 $815,000 $980,737 $960,000 $885,000 $1,062,000 $1,500,000 $1,525,000 $1,600,000

M O UNTA INSID E AT N ORTHSTAR YEAR

UNITS

AVG. PRICE

MEDIAN PRICE

AVG. DOM

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023*

19 6 9 14 7 10 18 16 5 9

$2,148,500 $1,784,354 $1,884,666 $2,332,000 $2,246,714 $1,898,800 $2,133,333 $2,944,812 $3,145,000 $2,847,222

$2,100,000 $1,708,062 $1,900,000 $1,750,000 $2,075,000 $1,825,000 $2,062,000 $3,205,000 $3,250,000 $3,050,000

109 230 164 122 113 205 122 89 21 67

Data collected January - December 2023. Data contained in this report is from the Tahoe Sierra Board of Realtors.

Information is deemed reliable but not guaranteed. Consult your Tahoe Mountain Realty Broker for more information.

530.550.2000 | info@tahoemountainrealty.com | tahoemountainrealty.com | DRE 01995145

TAHOE – TRUCKEE RESORT COMMUNITIES MARKET ANALYSIS – 2023 12MO OLD G R E E NW OOD HOMES

UNITS

MEDIAN PRICE

AVERAGE PRICE

MEDIAN PRICE/FOOT

LOW PRICE

HIGH PRICE

AVG. DOM

% ASKING PRICE

2015 2016 2017 2018 2019 2020 2021 2022 2023

4 8 15 10 14 12 12 10 8 1

$1,482,500 $872,500 $1,280,000 $1,500,000 $1,672,000 $1,648,000 $2,176,299 $1,517,000 $1,524,000 $3,485,000

$1,503,750 $919,687 $1,312,433 $1,501,000 $1,518,000 $1,576,000 $2,202,015 $1,888,000 $1,939,000 $3,485,000

$410 $444 $431 $469 $509 $507 $751 $746 $756 $959

$1,275,000 $525,000 $527,500 $560,000 $655,000 $900,000 $1,225,000 $1,015,000 $1,100,000 $3,485,000

$1,775,000 $1,445,000 $1,950,000 $2,425,000 $2,155,000 $2,075,000 $3,350,000 $3,075,000 $3,100,000 $3,485,000

258 102 110 94 92 41 5 20 67 347

91% 98% 95% 96% 99% 99% 100% 99% 96%

MEDIAN PRICE

AVERAGE PRICE

MEDIAN PRICE/FOOT

LOW PRICE

HIGH PRICE

AVG. DOM

% ASKING PRICE

$1,340,000 $1,350,000 $1,364,000 $1,350,000 $1,409,000 $1,645,000 $2,237,500 $2,700,000 $2,650,000 $2,499,000

$1,285,000 $1,296,210 $1,318,929 $1,352,000 $1,515,000 $1,635,000 $2,263,619 $2,685,000 $2,632,000 $2,563,000

$408 $401 $438 $457 $480 $496 $724 $813 $798 $864

$1,135,000 $880,000 $675,000 $870,000 $785,000 $840,000 $1,425,000 $1,795,000 $1,250,000 $1,595,000

$1,445,000 $1,735,000 $1,699,000 $1,760,000 $1,925,000 $3,141,000 $3,200,000 $3,495,000 $3,700,000 $3,385,000

87 137 75 71 75 72 27 19 75 120

97% 96% 99% 98% 99% 100% 101% 101% 97%

MEDIAN PRICE

AVERAGE PRICE

MEDIAN PRICE/FOOT

LOW PRICE

HIGH PRICE

AVG. DOM

% ASKING PRICE

$1,953,000 $1,970,000 $2,387,500 $2,195,000 $2,810,000 $2,842,500 $3,800,000 $3,712,000 $3,900,000 $4,772,000

$2,013,000 $2,026,854 $2,310,781 $2,336,655 $2,610,000 $2,857,000 $3,822,857 $3,815,000 $4,031,000 $5,050,000

$481 $460 $575 $589 $625 $655 $817 $927 $1,010 $1,095

$1,100,000 $1,230,000 $1,325,000 $1,250,000 $1,490,000 $1,000,000 $2,645,000 $2,515,000 $2,495,000 $2,995,000

$2,800,000 $3,250,000 $3,150,000 $4,100,000 $4,750,000 $4,700,000 $6,100,000 $5,100,000 $6,050,000 $6,990,000

141 172 145 104 113 84 30 60 103 89

94% 97% 95% 96% 96% 98% 98% 98% 95%

HIGH PRICE $1,850,000 $2,315,000 $1,950,000 $2,950,000 $2,185,000 $3,750,000 $4,450,000 $5,000,000 $4,500,000 $5,495,000

AVG. DOM 287 169 295 118 70 68 27 67 23 113

% ASKING PRICE 93% 94% 95% 97% 99% 99% 100% 99% 96%

HIGH PRICE $8,950,000 $8,900,000 $8,350,000 $11,750,000 $13,600,000 $11,000,000 $12,795,000 $14,400,000 $13,000,000 $21,995,000

AVG. DOM 245 165 144 179 151 115 41 45 93 181

% ASKING PRICE 96% 95% 96% 95% 94% 96% 98% 97% 94%

CURRENTLY ACTIVE

GRA Y’ S CROSSIN G HOMES

UNITS

7 19 28 17 30 49 26 18 21 CURRENTLY ACTIVE 11 2015 2016 2017 2018 2019 2020 2021 2022 2023

L A H O N TA N HOMES

UNITS

15 24 16 27 21 35 21 22 13 CURRENTLY ACTIVE 8 2015 2016 2017 2018 2019 2020 2021 2022 2023

SC H A F F E R’S MIL L (ESTIMATED BLEND OF DEVELOPER AND RESALES TRANSACTIONS) HOMES

UNITS

15 20 15 11 10 40 22 19 19 CURRENTLY ACTIVE 13 2015 2016 2017 2018 2019 2020 2021 2022 2023

MEDIAN PRICE

AVERAGE PRICE

MEDIAN PRICE/FOOT

LOW PRICE

$1,250,000 $1,315,000 $1,329,000 $1,385,000 $1,599,000 $1,725,000 $2,100,000 $2,300,000 $2,620,000 $3,996,000

$1,361,000 $1,381,720 $1,342,000 $1,673,000 $1,575,000 $2,014,000 $2,361,340 $2,696,000 $2,994,000 $3,421,000

$470 $475 $485 $531 $571 $639 $757 $920 $939 $1,046

$1,050,000 $949,900 $989,000 $550,000 $1,035,000 $1,175,000 $1,475,000 $1,750,000 $1,795,000 $1,175,000

MEDIAN PRICE

AVERAGE PRICE

MEDIAN PRICE/FOOT

LOW PRICE

$4,650,000 $3,995,000 $3,962,500 $4,675,000 $5,100,000 $5,250,000 $6,522,500 $8,137,000 $7,350,000 $7,995,000

$4,644,753 $4,325,301 $4,466,071 $5,254,000 $5,394,000 $5,626,000 $7,151,595 $8,557,000 $7,894,000 $10,732,000

$1,029 $1,087 $1,104 $1,090 $1,122 $1,243 $1,600 $1,806 $1,681 $1,727

$2,035,000 $1,795,000 $1,950,000 $3,075,000 $2,400,000 $2,200,000 $2,550,000 $4,250,000 $4,300,000 $5,495,000

MA R T IS CA M P HOMES

UNITS

22 49 42 47 32 60 48 32 27 CURRENTLY ACTIVE 7 2015 2016 2017 2018 2019 2020 2021 2022 2023