An unusual spike in single family homes’ selling price as a percentage of asking price occurred during August 2018.
Refer to the graph above which shows the average selling price well above 99% of the asking price.
For the Truckee and north Lake Tahoe areas (not including Sierra County nor Surrounding areas):
- The median price for August 2018 was $719,500, compared to $667,250 for August 2017.
- The days on market for August 2018 sales were 18, vs 23 days for August 2017 sales.
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Scott C. Kennedy
Broker-Owner / REALTOR®
Sierra-Tahoe Realty
(530) 448-3308 – Cell / Direct
Scott@SierraTahoeRealty.com
P.O. Box 2824 Truckee CA 96160
California Department of Real Estate – License #’s: 01431709 / 02002713
NOTE: Data compiled from the Tahoe Sierra MLS is deemed reliable but not guaranteed. Verification recommended.