SUMMER IN TAHOE
We know the Tahoe Truckee real estate markets are hot and continue to trend with unprecedented growth, quarter over quarter. The shift we are beginning to see over the past quarter is the high ratio of luxury home sales in our area. Well over 50% of the homes sold in Quarter 2, 2021, have been luxury homes. This means we are seeing heightened demand for high end second homes in our region. The average home price in the past quarter was nearly $1.7 million, whereas the same quarter in 2020 was $1.0 million.
With increasingly constrained inventory, we expect this average to grow as we surge through summer. In regards to sellers, we expect inventory to remain consistently low through the fall. There is still time to capitalize on this high demand market.
We are hosting Truckee Thursday at our Engel & Völkers Shop in historic downtown Truckee, this week, on Thursday, July 15th.
Stop by with your family, have a cold beverage, enjoy some fun kids’ activities, or meet our vendor partners for the evening. Come see what all the hype is about around Camper Vans with Glampervan, on site with their models, while preparing for your next camping adventure with HibearAdventure Flask for your favorite cocktails on the go.
WEST SHORE LAKE TAHOE WATERFRONT
111 OLD CEDARS PLACE
4 Beds | 4.5 Baths | 4,337 SqFt
Offered for $7,700,000
Located on the West Shore of Lake Tahoe, Cedar Shores offers 6 beautifully custom built homes, 3 positioned right on the water. Presently being finished is lakefront 1 which is now available for you to contract and close on in approximately 5 weeks. Photos shown here are of lakefront 3 which exemplifies like-kind quality and design. Buoy and shared pier included.
Spectacular Lake Tahoe views.
FORESTED PRIVACY IN TAHOE DONNER
TAHOE DONNER, TRUCKEE, CA
12496 GREENLEAF WAY
3 Beds | 2.5 Baths | 1,912 SqFt
Offered for $1,360,000
Designed by renown architect Greg Faulkner, this handcrafted home has all the high end finishes. Reclaimed old growth white fir flooring, wire brushed cedar siding, handmade iron work details perfectly frames the double sided fireplace. The flat lot, ground level living and deck open up to the greenbelt setting. Watch the kids play, and even sled out the back door in the winter. This unique home is truly unlike any other home in Tahoe Donner.