The stats for the month of January 2009 are up and finished.  Things are still slow but looking at the amount of pendings in the MLS, I am hopeful that my report for February will be better.  Additionally, our MLS has just inserted a new field to help identify listings as REO or Short Sale.  This field will be populated over the next couple of months as agents make changes to their listings.  This will really help us agents answer the question that our clients always ask us:  "how many of the houses for sale are short sales and bank owned properties?"  I expect to be able to make some sort of report on this next month. 
 
According to the Tahoe MLS for the time covering the residential solds from January 1st, 2009 to January 31, 2009 are as follows:
 
Tahoe Donner:  9 homes, 0 condos
Northstar:  no residential sales
Glenshire, Cambridge, Juniper Hill, Juniper Creek:  3 homes
Prosser Lake Area:  no residential sales
Sierra Meadows, Ponderosa Palisades, Martiswoods, Ponderosa Ranchos:  4 homes, no condos
Lahontan:  no residential sales
Gray's Crossing:  no residential sales
Old Greenwood:  no residential sales
Truckee Proper:  1 home, 0 condos
Adjacent to Tahoe Donner:  no residential sales
Donner Lake:  1 home, 0 condos
Donner Summit:  2 homes
Westshore Lake Tahoe:   1 home, 0 condos
Tahoe City:  2 homes, 0 condos
Northshore Lake Tahoe:  no residential sales
Kingsbeach & Tahoe Vista:  1 home, 0 condos
Alpine Meadows & Squaw Valley:  1 home, 0 condos
 
Condos and Homes sold over $1M in Truckee and North Lake Tahoe:  3
Highest priced home or condo sold:  $2,100,000 in Dollar Point
Lowest priced home or condo sold:  $279,000, a short-sale located in Glenshire

 

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In this particular spot, I plan to feature the 3 properties in the MLS that I feel are well priced. These are the properties that I wish I had buyers for because I know they are of such value that they will not last long, even in this market.  So, for this month, come and get 'em before they are gone. . . .

 

1.  Yes it is our listing.  Located at 14803 Northwoods Blvd. in Tahoe Donner, this aprox. 1400 sqft house has it all.  Sun, light, 3 bedrooms, a hot tub and it comes completely furnished.  Best part, only $369,000. 

 

2.  10403 Plymouth in Cambridge, just adjacent to Glenshire.  The square footage commands much more than this is offered at: $559,000.  Located on a perfectly flat 1/2 acre parcel this home boasts 4 bedrooms, 2.5 baths and a 3 car garage.  Built in 2004, the square footage is estimated to be 3200.  It is a short sale but still active.  Looks like a great opportunity for a big family.

 

3.  15171 Wolfgang Road in Tahoe Donner.  This house is priced right at $495,000.  Bright, sunny with views and close proximity to Tahoe Donner's cross country ski area and miles of trails.  The home has 3 bedrooms, 2 baths and a 2 car garage.  I don't think it will last long.

 

Be sure to contact us if you would like to take a look at any of these properties! 

 

These are the properties for sale that I feel are the worst priced homes on the market in our MLS.  Every month I will choose one or 2 properties which, for one reason or another (usually price) are something I would not be inclined to show my buyer clients.  So for starters, here they are:

 

11359 Dorchester Drive in Glenshire.   This home has been on the market for 534 days.  The asking price is currently $595,000, down from the original list price of $675,000.  I am afraid that the price will have to be reduced quite a bit more to get it sold in this market.  It is a well built, 3 bedroom, 2.5 bath home with a 3 car garage.  Close to the school, on a level and sunny lot. 

 

12542 Prosser Dam Road in the Prosser Dam area of Truckee.  The property is listed at $719,000.  It is a 2 bedroom, rather unique home located on approximately 3 acres.  Close to acres of recreation.  Lots of outbuildings, would make a great place for someone who wanted to work out of their home -- no CC&R's!  Let me know what you think that this house will sell for by contacting us here and when it does, the entry closest to the actual sale price will win a gift certificate. 

 

 

Hannah & Morgan Hargrave, recent new owners of a Prosser Lakeview Estates home, are also the proud parents of the newest addition to their family:  Brooks.  Now 3 months old, Baby Brooks looks just like his daddy.  This couple really scored big on their new home because they had the patience to wait out the bank decision on a short sale.  Find out more about this particular type of transaction here.  Undaunted by the fact that they were expecting a baby, the couple "carried on."  The result is a wonderful new family their own place!  Congratulations Hargraves.

Welcome to our first newsletter.  the plan is two-fold.  First we want  to help you keep on top of the real estate market here in the Tahoe Truckee area.  Secondly we can use this as a tool to keep in touch with the people who have shown an interest.  In the future we will plan to share this newsletter once a month, and while we hope to make it so interesting that you really enjoy it, we know that your time is precious and we don't want to be intrusive so PLEASE be sure to let us know if you want us to remove you from our mailing list.  We know that there is not much worse than a pushy salesperson. 

 

We plan to feature several short articles each month and if something in them sparks your interest or makes you think of a question you might have please be sure to contact us!  We want to be your Tahoe Truckee Connection.

 

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