Monday, July 21, 2014

Lake Tahoe Market Update July 2014



MARKET UPDATE:
After a successful grand opening of Tree House, the Mountainside community continues to shine with another Home Run Townhome going into contract yesterday and pending at a price of $1,850,000.  This leaves Home Run with just 3 residences left and only one 3 bedroom out of 16 total Townhomes.  The sales offices at Northstar in the Village and at the Ritz Carlton have been very busy with prospects wanting to look at inventory and search for their dream property to use this winter.  Northstar and the other resort communities will see plenty of showings during these peak summer days as the buyers will be narrowing down their focus to the property that best suites their needs.  We will typically see a surge of offers in the fall as there is urgency to get into a property for Thanksgiving dinner and the upcoming ski season.  If you find a property that is a good fit I recommend getting ahead of the curve and making an offer – this should help keep you competing with the multiple offers and urgent buyers we see every fall.  

PICK OF THE WEEK:
Following the theme of the Lake, 4590 North Lake Boulevard is a 5 bed 6.5 bath mountain home perched on the North Shore in Carnelian Bay.  This lake home offers 2 buoys, a boat lift and a deep water pier.  With panoramic lake and mountain views this is your quintessential estate on the water.  Carnelian Bay is a great location as you can easily access the North Shore of the lake via highway 267 which typically sees less traffic during the holidays than highway 89 into Tahoe City.  You are also located in the middle of Squaw/Alpine and Northstar for multiple options during the winter.  Here is a link to the listing: Click Here to View Listings

Here are the new listings that hit the market in the last 7 days:

Northstar:
No new listings

Martis Camp:

Lahontan:
1 new listing:
Click Here to View Listings

Grays Crossing: 
2 new listings: Click Here to View Listings

Old Greenwood:
2 new listings: 
Click Here to View Listings

Schaffer's Mill:
No new listings 
  
Squaw Valley:
2 new listings: Click Here to View Listings 

Lake Tahoe (North, West & East Shore):
18 new listings: Click Here to View Listings

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