Archive for the ‘Coldwell Banker Real Estate’ Tag
Come see these two lovely homes at Serene Lakes this Labor Day weekend. My Coldwell Banker signs will be there to lead the way.
3071 Soda Springs Road will be open on Saturday from 2:30 to 5:30.
8474 Hillside will be open on Sunday from 11:00 to 2:00.
3071 Soda Springs Road – $629,000
Open Saturday from 2:30 to 5:30
Smart mountain/snow design & turn key – ready to move on in! Custom features throughout with granite counters in kitchen, cherry cabinets, unique stamped stainless steel backsplash, reclaimed douglas fir trim, distressed solid oak floor, beautiful tile work in baths & custom granite hearth. 3 bedrooms plus den/4th bedroom. Pull down ladder gives access to huge finished storage attic. Two decks for morning or afternoon sun. Land across street is open space (Land Trust/Royal Gorge) with access to prime hiking, biking & Nordic skiing. Sold fully furnished.
8474 Hillside Drive – $845,000
Open Sunday from 11:00 to 2:00
Dramatic mountain home full of light and views of the forest surround you. Custom designed with snow in mind – no exterior stairs, level access, partially covered deck, dumbwaiter/lift & enclosed hot tub. Great room is made for entertaining with large dining room, living area has soaring ceilings with rock hearth & woodstove. Spacious master suite on main floor with lovely views. Fun reading/sleeping nooks on main level & upstairs plus observatory loft. Huge garage with extra storage & ski tuning room. Three sources of heat – radiant on main floor, forced air in bedrooms and woodstove. Only one block from Royal Gorge and unlimited hiking, biking and Nordic ski trails.
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Posted in the last blog was a summary of North Tahoe/Truckee real estate sales activity for the first half of 2013 in comparison with the first half of 2012. What do those numbers mean if you are contemplating buying or selling.
A few key points:
The average and median prices were up 16% in the first half of 2013, while total sales were up only 5.7%.
The median days on the market was only 37 days in 2013…a drop of 44% from the number of days it took to sell a home in 2012. The average days on the market in 2013, however, was significantly higher, 92 days, just 19% faster then 2012.
Remember, median is the 50th percentile. To compute the average, you take all the sales, add up the total price or days on the market and then divide it in half. The average may be higher than the median when several very high numbers are reflected in the average.
What accounts for the significant differences between median and average when it comes to the days on the market, and number of sales?
Perhaps it is a sign of two markets:
The first market is one of well maintained homes that are priced competitively. Buyers are ready, willing and able to jump on these puppies as soon as they hit the market. These buyers are driving up the average and median prices, and driving down the median days on the market. The lack of homes that fit this description is why even though the buyers are there, the homes that meet their needs are not.
The second market is composed of a large supply of homes that need work and are priced too high. Some of these homes were purchased at the height of the market, and the sellers are not able to sell the properties at a lower price. And some are listed for sale by those who are only motivated to sell if they can get “the right price.” This market is reflected in the high average days on the market. What accounts for a median days on the market of 37, with an average of 92? A lot of homes that sit on the market for six months or a year or more before they finally sell…usually after several price reductions.
Share this: Lynn Richardson, Your Friend in High Places
We like to think that Tahoe/Truckee has something for everyone in the summer. Your two year old can play in the sand on one of our glorious lakeside beaches. The more culturally inclined can spend an evening watching a concert or a Shakespeare performance along the lakeshore. The adrenaline junkie can hop on a road bike and climb to the top of Donner Summit, join in a mountain biking race, kayak around the lake, or take a hike into the wilderness. But perhaps the quintessential Tahoe activity that will make everybody happy on a warm summer day is to take a rafting trip down the Truckee River.
You begin just below the dam in Tahoe City, and travel downstream four miles to The River Ranch. While there are a few stretches of minor rapids to keep you on your toes, in comparison to real white water, it’s a piece of cake. So what’s the attraction? While it’s often close to the busy highway and bike trail, being on the river feels like another world. It’s a ribbon of water pulsing through a zone of green, and it’s an incredibly relaxing way to spend a few hours.
On a mid-summer weekend, it’s also a lively place. Water shooting devices are highly recommended to help those poor overheated folks in the next raft over get a chance to cool down. It’s also doesn’t require any forethought. You just drive right up to one of the two rafting companies, and in fairly short order you will find yourself in a boat. Once you disembark at River Ranch, you can dine alfresco with several hundred of your new friends on the patio and then catch the rafting company shuttle back to town. You can also buy your own float or tube, and arrange your own shuttle. Obviously this is a more cumbersome procedure, but if you plan on taking the trip a number of times per summer it might be worth it. Do remember to find a floating object that is built strong enough to actually make it down the river still full of air. It is not fun to have to walk several miles along the river carrying the remains of your $12 raft that couldn’t quite make it all the way downstream.
Note, From July 1st to July 7th , alcohol is not allowed in rafts or on the shore of the Truckee River.
Where to go: Contact Truckee River Rafting by Mountain Air Sports, at 530-583-1111 or http://www.truckeeriverrafting.com
Share this: Lynn Richardson, Your Friend in High Places
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