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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 Tahoe
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