Luxury Home Market in Truckee and North Shore of Lake Tahoe is moving fast!Tahoe and Truckee Luxury home sales, homes priced above $1,000,000, sales are up 27% from 2011 which has been the largest growing segment of the market for the year on a percentage basis. There have been 116 luxury properties sold which represents over 9% of sales this year as compared to 91 properties sold last year in this segment. The median sales price for luxury properties in 2012 is $1,562,500 as compared to a median price of $1,650,000 in 2011 which is down (5%). Conversely, the average sales price of luxury homes in 2012 is $2,072,874 as compared to $2,053,202 in 2011 which is a 1% increase.December 02 2012 - South Lake Tahoe00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.