November 2014 Truckee Tahoe Real Estate Market Greetings – The Truckee Tahoe Real Estate Market performed right in line with expectations for the month of October. Historically, October is zenith of real estate transactions in any given year as summer shoppers’ complete purchases after a season of looking and winter buyers establish plans for the coming holiday and ski season. This year, October fell just a few sales shy of August and September but delivered a number almost identical to the decade-long average. Historically, as the volume of sales peak, the average price drops a bit with a significant number of transactions inevitably occurring in sub-premium markets. This past month bucked that trend with a strong $777,461 average sale price; a robust 29% above the same month a year ago. The Median price rose 6% over the same period which is a figure more indicative of overall market performance. .
from The CalNev Team - North Lake Tahoe 1 Million Plus Homes http://thecalnevteam.blogspot.com/2014/11/november-2014-truckee-tahoe-real-estate.html
from The CalNev Team - North Lake Tahoe 1 Million Plus Homes http://thecalnevteam.blogspot.com/2014/11/november-2014-truckee-tahoe-real-estate.html
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