Tahoe City’s convenient marina is located in the heart of Tahoe City. Services offered at the marina include: powerboat rentals, buoy rentals, 2 hour complimentary boat parking, expansion slip rentals, private slip rentals, gasoline and diesel fuel sales, boat repair, boat detailing, indoor winter storage and more.

For information about purchasing a boat slip or about boating on Lake Tahoe, please give me a call at (530) 386-0302.

Coldwell Banker Residential Brokerage for 2013 is #1 in the entire market in terms of both unit sides sold, (253 sales) and sales volume sold, ($107 million).

The median sales price for residential properties reached 437,000 last week which is up 15% from the median sales price of $380,000 in 2012.  Similarly the average sales price has gone up a whopping 24% to $664,116 as compared to last year’s average sales price of $534,681 due in large part to the higher number of luxury sales in the market since the beginning of the new year.

The segment of the market with the highest level of activity continues to be homes priced under $500,000 as 58% of the sales or 316 properties have sold in this price range which is similar to 2012 where over 64% of sales or 327 properties sold in this price range.

Luxury home sales, homes priced above $1,000,000, have gone up 78% from 2012 with 66 luxury properties selling since the beginning of the year as compared to only 37 luxury properties sold for the same period in 2012.  Luxury properties sold represent over 12% of sales thus far this year.  The median sales price for luxury properties in 2013 is $1,745,000 as compared to a median price of $1,300,000 in 2012 which is up 34%.  The average sales price of luxury homes in 2013 is $2,262,831 as compared to $2,154,316 in 2012 which is a 5% increase.

The mid range market sales, $500,000 to $1,000,000 are trending up from last year with 157 properties sold in this segment or 29% of sales as compared to 142 properties sold or 28% of sale in this range in 2012.

Distressed properties, (REO’s and Short Sales), have really lagged 2012 thus far.  For 2013, short sale properties closed have gone down 27% with 69 closed short sales in 2013 as compared to 95 closed short sales in 2012.  Similarly, REO properties closed in 2013 have gone down (64%) with 35 properties closed in 2013 as compared to 97 properties closed in 2012.  Overall, distressed property sales, (REO and Short Sales) represent 19% of the sales in 2013 which is less than the 38% in 2012.

The active inventory on a year over year basis is down roughly 17% as we currently have 784 residential properties listed for sale as compared to 951 a year ago at this time.  However, this past week we had a 2% increase in inventory bringing our total to 784 residential properties on the market; 589 single family homes and 195 condominiums listed for sale.

Total Sales:

REO & Short Sales:  Distressed property sales are down significantly for the year with 35 REO sales, (6%), and 69 Short Sales, (13%) which results in 19% of the properties sold being distressed properties.  In 2012 for the same period, there were 97 REO sales and 95 short sales or 38% of the total sales being distressed properties.

Sales by Price Range:  In 2013, there have been 316 residential properties sold priced below $500,000, 142 properties sold between $500,000 and $1,000,000 and 66 properties sold over $1,000,000.

Median and Average Sales Prices:  The median sales price for properties sold year to date is $437,000 while the average sales price is $664,116. For the same period in 2012, the median sales price was $380,000 and the average sales price was $534,681 which is an increase of 15% in median sales price and an increase of 24% in average sales price.

Last Week’s Sales:  For the week of June 3^rd a total of 16 properties sold which was down significantly from the prior week’s sales of 24 properties.  Of the properties sold last week only 1 property sold at a price above $1,000,000.

Pending Sales:  Currently there are 243 pending residential sales in the market which is up 4% from the previous week’s pending sales.  Of the pending properties, 21% are distressed properties with 41 being short sales and 12 being REO’s.

Active Listings:

REO-Short Sale Active Listings:  Of the active listings, there are only 4 properties listed as short sales, (0.5%) and 7 properties listed as REO sales, (1%).

Months of Inventory:  Based on the current active inventory and sales for the previous 30-day period, the market has just over 7-months of inventory available.

10380 Pine Cone Road, Truckee

5 bedroom, 3.5 bath, large separate game room. Use the Tahoe Mountain Club amenities; pool, private restaurants, tennis club, members-only ski room at Northstar.

Find privacy and tranquility in this beautiful, large, custom home. Enjoy your own private swim pond with waterfall and the wildlife just outside your door. Just a quick 5 minute drive to downtown Truckee, but you’ll feel like you’re miles away.

Offered for 1,050,000.

355 Tanager Drive, Homewood

The home is well built and situated on a large, private, sunny lot with a large back yard that has been lovingly tended to and features a seasonal creek, numerous flowers and beautiful stone walkways throughout the property. 3 bedrooms and 2.5 baths.

This is a well kept Chamberland’s home with private swimming pool, restaurant, beach, and tennis courts. Residents have shuttle service to both Homewood Ski Resortand Chamberland’s Private Beach.

Offered for $799,000.

124 Mammoth, Tahoe City

4 bedrooms, 3 baths.

Exceptional Dollar Point home has a stunning view of beautiful Lake Tahoe.  Enjoy the sunny, southern exposed, landscaped lot. There are two large decks  that are perfect for relaxing or barbecuing, enjoying the sunshine, the views and the hot tub.

Offered for $1,150,000.

8340 Cut Throat Ave, Kings Beach

Classic 1950′s log cabin has nice upgrades and plenty of authentic charm. Enjoy the enormous fenced back yard. Walk or take your cruiser bike to beach, restaurants, golf, beach volleyball and shopping. It’s only a 15 minute drive to Northstar. 8340 Cut Throat Avenue, Kings Beach, CA.

Offered at $325,000.

For more information about any of these properties, please call me at 530-386-0302.

5 bedroom, 3.5 bath, large separate game room. Use the Tahoe Mountain Club amenities; pool, private restaurants, tennis club, members-only ski room at Northstar.

10380 Pine Cone Road, Truckee. Offered at 1,050, 000. For more information, please call 530-386-0302 or click here.

Both shows feature Nasanin Arastoo, the designer and voice of all of the puppets in the show.  Each puppet is hand made.

1. Switch Fan Blade Direction- During the summer, you’ll want your fan to be pushing cooler air down as your relaxing on the couch. Make sure the leading edge of the blade (the part that goes first) a bit higher than the trailing edge.

2. Clean Dryer Vents-Cleaning your dryer’s lint trap after every load is good practice, but giving the hose a good cleaning a couple times a year can help reduce the chance of a fire. You can purchase a long handled brush from your hardware store or you can purchase kits online.

3. Tune Up The Lawn Mower- If you use a lawn mower, edger or other yard tools, now is the time to tune them up. You can do it yourself or hire a professional; either way, your lawn will thank you.

4. Inspect for Roof Leaks- The worst time to notice a roof leak is in the middle of a storm. Take precautions now and check for any damaged shingles. Next check the ceilings in the attic and garage especially for any stains that may be from roof leaks.

5. Wash the exterior of the house. Water and a scrub brush can go a long way with cleaning the exterior walls of your home. For stains, use a mild detergent that you can wipe off and be sure to spot check to see that it doesn’t damage the paint, siding or stain.

Inside you will find vaulted pine ceilings,  a large river rock fireplace and natural stone throughout. The large loft area is great for games and extra sleeping space. There is plenty of space for everyone. This home is move-in ready. Prepare to enjoy the Tahoe lifestyle with the Dollar Point pool, tennis, beach and pier and buoy field.

124 Mammoth Dr, Tahoe City, CA 96145. Offered at $1,150,000. For more information, please call me at 530-386-0302.