2014 Community Reports (6 mo)

Page 1

2014 - 6 mo Truckee Tahoe Resort Communities: Historical Market Overview Old Greenwood Homes

Units

Median Price

Average Price

Median Price/Foot

Low Price

High Price

2005 2006 2007 2008 2009 2010 2011 2012 2013

2 0 4 5 11 5 2 9 6

$2,165,000 $0 $1,875,000 $1,700,000 $1,350,000 $650,000 $1,570,000 $722,500 $1,062,125

$2,165,000 $0 $2,091,250 $1,599,000 $1,465,000 $827,000 $1,570,000 $924,375 $1,374,041

$624 $0 $490 $424 $322 $225 $378 $335 $402

$2,130,000 $0 $1,740,000 $845,000 $1,080,000 $549,000 $865,000 $575,000 $800,000

$2,200,000 $0 $2,875,000 $2,195,000 $2,500,000 $1,200,000 $2,275,000 $2,200,000 $2,350,000

103 0 290 227 248 170 13 165 183

93% 0% 87% 91% 68% 97% 93% 95% 91%

2014 - 6 mo

2

$1,500,000

$1,500,000

$340

$1,000,000

$2,000,000

275

85%

Units 76 20 19

Median Price $270,750 $460,000

Average Price $299,600 $452,800

Low Price $178,500 $191,250

High Price $633,250 $670,500

Avg. Dom % Asking Price

$596,782 $535,000 $515,000

$561,000 $535,000 $549,000

$380,000 $355,000 $360,000

$765,000 $772,000 $772,000

257 142 235

97% 90% 85%

$0

$0

$0

$0

$0

0

$190,000 $95,250 $97,500 $84,000

$202,000 $95,250 $138,725 $98,571

$166,000 $50,500 $34,900 $71,000

$250,000 $140,000 $325,000 $150,000

68 129 157 295

130% 95% 83% 89%

$108,750

$112,500

$87,500

$148,000

111

88.00%

Homesites

2003 2004 2005 2006 2007 2008 2009 2011 2012 2013 2014 - 6 mo

15 3 0 3 2 4 7 4

Avg. Dom % Asking Price


Gray's Crossing Homes 2005 2006 2007 2008 2009 2010

Units 0 1 1 0 3 15 7 6 11 7

Median Price $0 $1,625,000 $1,735,000 $0 $1,200,000 $940,000 $750,000 $910,000 $940,000 $774,500

Average Price $0 $1,625,000 $1,735,000 $0 $998,000 $944,000 $734,000 $804,000 $984,181 $1,170,214

Median Price/Foot $0 $536 $503 $0 $282 $272 $245 $300 $312 $407

Low Price $0 $1,625,000 $1,735,000 $0 $544,000 $640,000 $652,000 $814,000 $545,000 $774,500

High Price $0 $1,625,000 $1,735,000 $0 $1,250,000 $1,326,000 $800,000 $1,100,000 $1,820,000 $1,550,000

Homesites 2004

Units 100

Median Price

Average Price

2005 2006 2007 2008 2009 2010 2011 2012 2013

161 29 14 36 8 29 33 22 85

$244,700 $368,000 $350,000 $369,000 $271,000 $72,850 $56,000 $45,000 $35,500 $79,507

High Price $366,515

Avg. Dom % Asking Price

$254,065 $346,000 $350,000 $351,000 $305,000 $72,250 $55,000 $35,000 $39,600 $76,000

Low Price $149,515

$255,000 $170,000 $200,000 $135,000 $58,000 $28,000 $21,000 $20,000 $21,500

$736,250 $580,000 $520,000 $305,000 $100,000 $112,000 $117,500 $80,000 $185,000

80 110 199 120 274 131 119 440 62

94% 85% 86% 66% 27% 72% 83% 88% 96%

17

$120,000

$118,847

$59,000

$245,000

59

96%

2011 2012 2013 2014 - 6 mo

2014 - 6 mo

Avg. Dom % Asking Price 0 0% 200 95% 250 92% 0 0% 168 66% 302 66% 221 97% 365 88% 228 95% 32 100%


Lahontan Homes 2001 2002 2003 2004

Units 5 8 13 8

Median Price $2,092,000 $2,144,000 $2,130,962 $2,267,000

Average Price $1,860,000 $1,887,500 $2,000,000 $2,075,000

Median Price/Foot $605 $495 $528 $499

Low Price $1,825,000 $1,750,000 $1,280,000 $1,512,500

High Price $2,800,000 $3,350,000 $3,275,000 $3,750,000

Avg. Dom % Asking Price 231 93% 396 87% 336 93% 297 94%

2005 2006 2007 2008 2009 2010 2011 2012 2013

13 10 9 11 11 12 11 11 17

$2,850,000 $2,368,000 $2,150,000 $2,000,000 $1,708,000 $1,700,000 $1,400,000 $1,575,000 $1,682,647

$2,763,000 $2,542,000 $2,344,000 $2,180,000 $1,725,000 $1,705,000 $1,560,000 $1,549,318 $1,650,000

$669 $665 $538 $484 $398 $435 $378 $350 $423

$1,765,000 $1,500,000 $1,725,000 $1,400,000 $945,000 $1,051,000 $945,000 $720,000 $1,050,000

$4,400,000 $4,000,000 $3,825,000 $4,250,000 $2,650,000 $2,225,000 $2,500,000 $1,970,000 $2,600,000

287 349 393 334 90 322 278 245 247

2014 - 6 m0

8

$1,856,250

$1,742,187

$460

$1,095,000

$1,742,187

85

Homesites

Units

Median Price

Average Price

Low Price

High Price

Avg. Dom % Asking Price

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

10 13 31 42 38 21 14 7 13 17 20 31 57

$663,250 $311,000 $335,000 $340,000 $380,000 $425,000 $352,000 $300,000 $185,000 $139,000 $125,000 $85,500 $130,000

$514,000 $285,000 $290,000 $365,000 $408,000 $575,000 $339,000 $375,000 $214,000 $158,000 $122,000 $120,919 $166,114

$339,500 $225,000 $195,000 $190,000 $280,000 $302,500 $175,000 $185,000 $133,000 $78,000 $51,250 $50,000 $50,000

$1,500,000 $550,000 $695,000 $650,000 $850,000 $2,000,000 $490,000 $999,000 $400,000 $350,000 $200,000 $410,000 $810,000

92 295 360 400 292 363 282 151 347 394 270 199 367

2014 - 6 mo

14

$191,625

$208,482

$95,000

$450,000

159

90% 80% 86% 89% 86% 83% 74% 77% 59% 80% 81% 84% 91%

89% 91% 97% 81% 80% 81% 90% 89% 94% 95%


Schaffer's Mill (estimated blend of developer and resales transactions) Homes 2008 2009 2010

Units 7 1 2 1 4 15 3

Median Price $1,176,000 $850,000 $962,000 $1,077,000 $744,750 $945,000 $975,000

Average Price $1,198,000 $850,000 $962,000 $1,077,000 $818,649 $929,630 $997,000

Median Price/Foot $499 n/a $295 $297 $337 $395 $433

Low Price $1,010,000 $850,000 $950,000 $1,077,000 $744,750 $719,000 $937,000

High Price $1,375,000 $850,000 $975,000 $1,077,000 $898,821 $1,100,000 $1,080,500

Homesites

Units

Median Price

Average Price

Low Price

High Price

Avg. Dom % Asking Price

2008 2009 2010 2011 2012 2013

23 0 1 1 12 25

$350,000 0 $145,000 $134,000 $250,000 $288,000

$350,000 0 $145,000 $134,000 $250,000 $288,000

n/a n/a $145,000 $134,000

n/a n/a $145,000 $134,000

n/a n/a 589 123

$90,000

$450,000

328

77%

2014 - 6 mo

4

$335,000

$289,750

$140,000

$349,000

124

86%

2011 2012 2013 2014 - 6 mo

Avg. Dom % Asking Price 0 177 105 45 174 286

100% 81% 77% 100% 98% 105%

n/a n/a 73% 90%

Martis Camp (estimated blend of developer and resales transactions) Homes 2009 2010

Units

Median Price

Average Price

Median Price/Foot

Low Price

High Price

2011 2012 2013

2 3 4 7 23

$2,745,000 $2,295,000 $3,412,500 $3,300,000 $3,297,500

$2,745,000 $2,595,000 $3,784,000 $3,603,571 $3,817,630

$590 $728 $790 $908 $905

$1,890,000 $2,195,000 $2,337,000 $2,850,000 $2,400,000

$3,600,000 $3,295,000 $5,975,000 $5,975,000 $6,850,000

299 107 355 79 158

75% 95% 97% 98% 96%

2014 - 6 mo

15

$3,346,500

$3,570,391

$993

$2,500,000

$7,050,000

283

94%

Homesites

Units

Median Price

Average Price

Low Price

High Price

Avg. Dom % Asking Price

2008 2009 2010 2011 2012 2013

25 53 64 90 100 92

$850,000 $750,000 $728,000 $775,000 $780,000 $776,000

$850,000 $750,000 $728,000 $775,000 $780,000 $914,000

n/a n/a n/a n/a n/a n/a

n/a n/a n/a n/a n/a n/a

4

$1,222,500

$1,248,750

2014 - 6 mo

n/a n/a n/a n/a n/a n/a

Avg. Dom % Asking Price

n/a n/a n/a n/a n/a n/a


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