NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
“The path remained steady for a time before dwindling down to dusty silt. The sky opened above as trees fell away on either side. To their right, the land dipped down into a tiny, almost impossibly beautiful valley. A stream ran through its lowest point,. Before that, tall, dark green grass sparkled with white flashes in the sunlight. Late season dandelions and breathy, tiny white flowers on slender stems were avoided by bees, while purple thistles and asters thronged with them.” ~Liz Braswell~ TABLE OF CONTENTS Dickson Realty Office A Look at Carpenter Valley
Page 2
7 Month Sales Statistics, Active Listings & Inventory
3-5
Guild Mortgage Corner
6
History of Labor Day
7
Ain’t She Sweet
8
House Preparations for Seasonal Change
9-10
Calendar and Area Events
11-17
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
The Dickson Realty Truckee Team is always available to provide excellent and dedicated client service whether you are considering buying or selling a home. Our team of seasoned professionals, all Realtors®, possess the most current and comprehensive market information. Combined with their knowledge and experience, they are uniquely qualified to be expert guides in your real estate venture. Contact us and become another satisfied client. Call, e-mail, visit our office, or access us on the web. We are here for you 24/7.
Office Info: Phone: 530-587-7444 Fax:530-587-8064 Email: truckeeinfo@dicksonrealty.com Address:11836 Donner Pass Road Truckee, CA 96161
Dickson Realty is dedicated to helping you keep a pulse on the local market and real estate related information by providing the latest news, trends, and issues affecting the area’s real estate market.
“Walk softly and hurt the landscape hardly more than birds and squirrels” ~John Muir~
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA. The following pages contain Residential Sales Statistics for the areas of Truckee Area (Inclusive), Tahoe Donner, Golf Course Communities of Gray’s Crossing, Lahontan, Old Greenwood, Schaffer’s Mill and Martis Camp Alpine/Squaw, Donner Summit North Lake Tahoe, CA and West Shore Lake Tahoe, CA The sales statistics this month provide a 7 month look, January 2018 through July 2018, at residential sales by price range and the percent (%) of sales represented in those price ranges. Additionally, the table presents the number of current active listings by price range and the months of inventory they represent. The sales shown are for Single Family Residential, Condominiums and Townhouses in each of the market areas. (Time share and/or shared ownership are not included in the statistics presented.) The data source is the Tahoe Sierra Board of Realtors for period January 2018 through July 2018 with data pulled on August 19, 2018.
TRUCKEE (INCLUSIVE) JAN. 1, 2018 -JULY 31, 2018 $3,000,001 + $1,500,0018% $3,000,000 8%
$1,000,001$1,500,000 14%
$800,001$1,000,000 10%
TRUCKEE MARKET Months of Inventory
Under $400,000 8%
10.61 $400,001$600,000 29%
7.53 2.41
3.81
7.21 5.10
3.06
$600,001$800,000 23%
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
TAHOE DONNER JAN. 1, 2018-JULY 31, 2018
$1,500,001- Under $1,000,001- $3,000,000 $400,000 $1,500,000
$800,001$1,000,000
$400,001$600,000
$600,001$800,000
GOLF COURSE COMMUNITIES JAN. 1, 2018-JULY 31, 2018
$800,001$1,000,000 $1,000,001$1,500,000 $3,000,001 +
$1,500,001$3,000,000
ALPINE/SQUAW JAN. 1, 2018-JULY 31, 2018
$1,000,001$1,500,000
$1,500,001$3,000,000
Under $400,000
$800,001$1,000,000
$600,001$800,000
$400,001$600,000
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
DONNER SUMMIT JAN. 1, 2018-JULY 31, 2018
$800,001$1,000,000
$1,000,001$1,500,000 Under $400,000
$600,001$800,000
$400,001$600,000
NORTH LAKE TAHOE, CA. JAN. 1, 2018-JULY 31, 2018
$1,500,001- $3,000,001 $3,000,000 + $1,000,001$1,500,000
Under $400,000
$800,001$1,000,000 $400,001$600,000
$600,001$800,000
WEST SHORE LAKE TAHOE, CA JAN. 1, 2018-JULY 31, 2018
$1,500,001$3,000,001 + $3,000,000 $1,000,001$1,500,000
$400,001$600,000
$800,001$1,000,000 $600,001$800,000
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
Thinkin’ Refinance? Now is the time! End of summer is the best time to get the most value for your home. Whether you are selling or refinancing, most appraisers see your house as “sexy” right now. Why is it sexy? Appraisers have to give a value for a home on a loan. They are required by lenders to value the property by comparing to others in the area. The guidelines are set by the lender, for example, it they are loaning you $400,000, they want to be sure that the homes around you are selling for 80% of that or higher. With summer in full swing, ton’s of homes selling, everyone’s landscaping looking pristine; finding comparables is easier. When it’s cold and snowing the home buying market slows and comparables are harder to come by. Most lenders need as many comparables as possible for the government sponsored entities Fannie Mae and Freddie Mac appraisal guidelines as well as their jumbo guidelines. So whether you are trying to: •Lower Your Interest Rate •Remove Mortgage Insurance •Remodel Your Home •Payoff High Credit Card Bills or Consolidate Debt
Now is the best time!
If you have any questions regarding loan limits, refinancing or purchasing a home, please feel free to reach out to The Rice Team. 11050 Pioneer Trail Suite 201 Truckee, CA 96161 Phone: (530) 582-9991 Fax: (530) 582-9995. Web:wwwTheRiceTeam.com
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
A Different Kind of Labor Day! She filled those cheeks until they could hold no more, delivered the goods, and then took a well deserved rest. Taking her lead, it’s time for all of us to think of Fall and Winter preparations. ~Photo of “Miss Cheeks” compliments of Jean Myles~ ~Photo of “Resting Now” compliments of Lora Myles~
Animals praise a good day, a good hunt. They praise rain if they're thirsty. That's prayer. They don't live an unconscious life, they simply have no language to talk about these things. But they are grateful for the good things that come along. ~Mary Oliver~
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA. Date and Event 9/1 TAHOE FOAM FEST
9/1 TAHOE DONNER WILD WEST FEST
9/15 DONNER PARTY HIKE
9/15
Where Held
Time
TAHOE ESCAPE TRIATHLON
9/22 WOODEN BOAT CHALLENGE FUNDRAISER
Details
Village At Squaw Creek 1985 Squaw Valley Road
2:00 pm 6:00 pm
Camille Cauchois Program Coordinator, Achieve Tahoe 530581-4161 x5 Purchase tickets online: https://achievetahoe.ti cketspice.com/29thannual-foam-fest
One of the most highly anticipated annual festivals in the Truckee and Lake Tahoe area, Foam Fest brings people together for a great afternoon of beer tasting from 25+ breweries and world-class live music, this year featuring The California Honeydrops and Mojo Green. Proceeds from the event support Achieve Tahoe’s year-long one-toone adaptive sports program serving individuals with physical, intellectual and sensory disabilities of all ages, including the honor of serving disabled veterans. $10 entry donation. All inclusive beer tasting ticket is $35 in advance/$40 day of (inlcudes $10 entry donation).
Alder Creek Adventure Center 15275 Alder Creek Rd Truckee
3:00 pm 8:00 pm
(530) 587-9400 Tahoe Donner Members: Adult $39 | Child (Age 7-12) $24Public: Adult $54 | Child (Age 7-12) $34All Child (Age 2-6) $15All Child (Age 0-2) FREE
This end-of-summer event is one you and your family will not want to miss! Join cowboys, cowgirls and the Tahoe Donner and Truckee community for a Labor Day Weekend celebration for all ages. Enjoy a day of dancing, live music and entertainment, equestrian performances, a dress-up photo both and Western-style barbecue dinner. Additional activities for kids include pony rides, hands-on crafts and face painting. This event takes place at the beautiful Alder Creek Adventure Center in partnership with the Tahoe Donner Equestrian Center.
Donner Summit; Sugar Bowl’s Mt. Judah
8:00 am 3:00 Pm
Free Event
Hikers can travel the footsteps of early emigrants’ journey across the Sierra Nevada. Several different hikes are offered Saturday with a relaxed walking tour of Donner Party sites on Sunday or a guided bus tour of Donner Summit with minimal walking.
Downtown Truckee
1:00 pm 6:00 pm
Tickets locally at Cooking Gallery or
info@donnerprtyhike .com
www.historictruckee.com
TRUCKEE ART & SOUL WALK
9/16
Contact Info.
Squaw Valley 1960 Squaw Valley Road
Commons Beach 400 N. Lake Blvd.
5:00 am Noon
11:00 am 5:00 pm Race: 3:00
September 16, 2018 5am - Transition area opens 7am - Start time for Olympic 7:40am - Start time for Sprint 8am - Start Time for Aquabike 11am - Awards Ceremony
Arts For The Schools www.artsfortheschools.org
Stroll through Historic Downtown Truckee during the 4th Annual Art & Soul Art Walk! This year’s walk features 30 stops celebrating local artists. Enjoy live art demonstrations and music while tasting and sipping your way through small bites, craft beer and wines. Advance tickets can be purchased online or locally at the Cooking Gallery for $35/each $40/day of event or $120/group of 4. Feel good about supporting ART & SOUL! -- A portion of the event’s proceeds goes to The Tahoe Truckee School of Music! The 1st annual Lake Tahoe Escape Triathlon takes place in the fall and helps round out the domestic triathlon calendar. The clear, blue water of Lake Tahoe will provide scenic views and rolling hills – the perfect ingredients for a very memorable autumn race in the lakeside village of Squaw Valley, Lake Tahoe. Highlights include a beach start, an altitude bike and run course, and a fun-filled finish festival. FOR MORE INFORMATION: ESCAPESERIESTRI.COM Join us for Arts For The Schools' 3rd annual WOODEN BOAT CHALLENGE fundraiser that combines the festival culture of our lively region with a unique new competition event that promotes community involvement. Join us for food, drinks, live music, kids activities and a competition that requires teams to build and race their own wooden boat built by hand - no power tools allowed! Admission is FREE, but please RSVP. Live music, a boat competition, beer garden, food, kids activities. Fun for the Whole family.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA. On – Going SUMMER FUN
Where Held
Time
Cost Contact Info.
Fridays Now through August 30th
The Village at Squaw Valley
8:30 pm
The Events Plaza in the Village at Squaw Valley
6:00 pm 8:30 pm
Kyle Faucher (530) 584-6266
This popular and FREE outdoor concert series in the Village at Squaw Valley features acclaimed blues musicians, great grab & go food offerings from Village restaurants and a Blues bar with beer, wine & spirits available from 6:00 pm to 8:30 pm in the Events Plaza. During the summer Bluesdays series, Squaw offers discounted tickets for the Aerial Tram, food and drink specials, and lodging sales each and every Tuesday.
PJ’s at Gray’s Crossing 11406 Henness Road Truckee
5:30 pm 7:30 pm
Free - www.golfintahoe.com
Continuing into its 5th year, the Summer Concert Series at Gray’s Crossing continues to gain momentum and a growing reputation for bringing incredible talent to the stage. These free outdoor concerts are family-friendly and open to all. Lawn space is available on a first come, first serve basis. Check website for the schedule of bands/musicians. (No outside food or beverages)
Families and friends can snuggle up under the stars while enjoying new releases and family classics on the big screen in the Events Plaza at The Village at Squaw Valley. A different movie shows every summer Thursday starting July 5. All movies start at 8:30 pm, weather permitting. Blankets and warm clothes are recommended. This is a FREE EVENT
OUTDOOR SUMMER MOVIES Tuesdays Now through 9/4 BLUESDAYS AT SQUAW VALLEY
Thru 9/4 LIVE MUSIC SERIES
Thursday, Friday and Saturday Nights through September 1st
Northstar California’s Dark Skies Cosmoarium 150 Northstar Drive
7:00 pm 10:00 pm
Friday evenings through September
Village at Northstar
5:00 pm 7:00 pm
Saturdays: Every other Saturday thru Labor Day
TRUCKEE RIVER REGIONAL PARK (Behind skateboard park)
11:00 am 2:00 pm
RIDE THE TRUCKEE RAILROAD
Details
Adults $40; Kids $20 EMAIL tony@tahoestartours.com
We invite you to think big, REALLY big, and look up to the stars above Northstar California Every Thursday, Friday and Saturday evening throughout the summer. Join us at the Northstar Dark Skies Cosmoarium with star guide and poet Tony Berendsen for an intimate look at the Sierra stars. Bring childlike curiosity and wonderment to view the cosmos with Ryan Berendsen, telescope extraordinaire, through highpowered Celestron telescopes. Enjoy comfortable seating, blankets, outdoor heaters, hot chocolate, s’mores and more.
Fridays are for friends and family at Northstar California. Activities include Margaritas & Mini-Golf, face painting, balloon twisting, roller skating or exploring the Summer Activities on the Overlook. Rink-side cabanas offer a relaxing place for parents to unwind with a craft cocktail and listen to live music on the Village stage, while kids and the young at heart squeeze out every bit of summer energy. www.northstarcalifornia.com Donations gratefully accepted. www.truckeedonnerrailroad society.com
The kids' railroad runs behind the skateboard park just east of Brockway Rd. (near the rodeo grounds). Kids of all ages, parents, grandparents and all others are welcome. Rides are free and donations are appreciated. EVERY OTHER SATURDAY THROUGH LABOR DAY
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA. On-Going Area Offerings Date and Event
Where Held
Time
Cost Contact Info.
Sundays On-Going Art of Mixology
Ritz-Carlton Hotel 13031 Ritz Carlton Highlands Ct. Truckee
4:00 pm 6:00 pm
E-Mail Giles.priestland @ritzcarlton.com
Cost $60/per person at the Manzanita Bar. Entertaining and educational experience will feature freshly cut herbs, classic ingredients such as bitters and infused liquors to create three unique cocktails paired with appetizers.
Mondays On-Going Song Group
Tahoe Truckee School of Music 10038 Meadow Way, Ste. E Truckee
6:15 pm 7:30 pm
$20.00
Song group for everyone! Any instrument, any experience level, any age. Led by Ben Martin. Come to learn and share music in a fun creative environment. For more information contact: http://chamber.truckee.com/events/details/song-group Contact: Ben Martin (530) 587-3274
Tuesdays On-Going Knitting Group
Atelier 10128 Donner Pass Road Truckee
4:00 pm 6:00 pm
Free
Join us for a knitting group. Open to all knitters, crotchetiers, loom artists‌whatever your thread you are welcome. This is NOT A CLASS; it is a group activity intended for individuals who enjoy the company of other yarn artists. Bring your own project or start a new one; come for a few minutes or the whole 2 hours. For more information on this and other workshops contact: www.ateliertruckee.com
Wednesday Fridays On-Going Crafting
Tahoe Modern Makers 3668 Lake Tahoe Blvd, Ste. K So. Lake Tahoe
4:00 pm 5:00 pm
Free
FREE! All Craft event every Wednesday and Friday; all ages welcome. No reservations required. Craft changes weekly. Call for questions: (530) 600-3388 or e-mail: tahoemodernmakers@gmail.com
On-Going Check Schedules on line at Atelier.com
Atelier 10128 Donner Pass Road Truckee
Varies
Prices vary
Take a fun class! All classes are interesting and open to the public. Class offerings are offered throughout the month and offerings change monthly throughout the year. Check their website at www.ateliertruckee.com for current calendar.
Thursdays and Fridays Hike Shirley Canyon
Resort at Squaw Creek
9:30 am 3:00 pm
(530) 581-6610 Adult $80 Ages 10-14 $50
Hike up the famous Shirley Canyon for amazing vistas of massive Lake Tahoe. Take tram down after this 3.6 mi. moderate hike. Price includes lunch, tram and guide.
Details
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
NEWS YOU CAN USE SEPTEMBER 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440