GRAY’S CONCERTS & MARKET UPDATE BY SHANE JONES

Greetings –

With the arrival of August it seems that the real estate market is hitting its stride as we suspected with deals coming to the table. I found it interesting to take a quick look at Gray’s Crossing with the activity Year to Date. For the first half of the year Gray’s Crossing has seen 15 homesites and 3 homes sold. In the month of July alone, there have been 12 homesites and 2 homes sold and pending. One of these homesites just received three offers and is pending at $22,500 over asking price. This is typical as the late summer/early fall rush approaches and consumers have had a chance to narrow down the community and specific property they desire. Once that decision is made the buyers are acting quickly. I suspect we will continue to see these numbers grow in the resort communities as we approach fall, with all the talk of the “Godzilla El Nino”.

Events:
The free Gray’s Tuesday concerts have been a big hit so far this summer and there are still six weeks left, running through Sept 8th. Call ahead of time to make a reservation with a table at PJ’s, or bring a blanket or chairs to spread out on the event lawn. Here is a link to the event schedule: Gray’s Tuesday Concerts

PJ's

Radio Show:
I also had the pleasure of calling into The Real Estate Report with Brent Gove last Saturday on KFBK 1530 am or 93.1 FM. We had a great conversation regarding the Tahoe Truckee market and the call will be airing again this Saturday August 1st around 4:33 pm. Tune in if you would like to hear my update.

Pick of the week:
This leads me to a home located in the heart of the amenities directly across the street from the fitness center and PJ’s at Gray’s Crossing that just had a $50K price reduction. When you pull into this perfect blend between mountain and modern you can leave your car in the garage and enjoy a short walk over to all of the fun or take a short bike ride on the paved trail to downtown Truckee for a Truckee Thursday event or evening of casual dining in commercial row. With 4 bedrooms and 4 baths, the designers set out to deliver well conceived thoughtful spaces with game/office nooks, media room, large laundry/mudroom and large master with seating nook and walk-out covered patio. You will appreciate custom accents with arched entry, stone fireplace, cedar ceilings, and reclaimed materials. The kitchen is ready to entertain with Pro-Series Thermador appliances throughout. Here is a link to the listing: Click Here to View Listings

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TAHOE MOUNTAIN REALTY

SHANE JONES
BRE 01890422
M. 530.448.5141| O. 530.550.2021
www.tahoemountainrealty.com

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