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”.
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
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
TAHOE MOUNTAIN REALTY
M. 530.448.5141| O. 530.550.2021