Truckee Real Estate – Does an Open House Help Sell a Home?

December 26, 2010




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Truckee Real Estate




It depends on where the home is ….

In my opinion, if the home is in Tahoe Donner, the answer is yes!  There are approximately 5000 homes in Tahoe Donner of which roughly 20% are permanent resident homes. The other 80% are part time or renters. So,  in addition to weekend activity visitors, there are renters, visitors of the part time residents and people coming up to look for winter ski leases who may consider buying a home.  So there is a lot of traffic in Tahoe Donner on the weekends and holidays that includes potential buyers. The net-net is that there are 100′s if not 1000′s of potential buyers driving around that may stop and see open house on an impulse. It’s also time efficient for our visitors -  they can quickly view several homes and get an idea of what the market is like up here.

The best location for an open house  is on a busy street like Northwoods, Alder Creek or Skislope or within a few “turns” off  one of these streets where it is easy for the visitors to “pop-in” and look at the home. If they have to turn more than 4 turns they may quickly lose interest or miss a sign.

There is a lot of discussion about whether open houses make sense or not. Obviously when we have a large influx of visitors on the weekend it’s a great time to promote your home. If this makes sense to you, this should be considered when you pick your agent.

Contact Gary at TruckeeRealEstate@gmail.com – I am interested in your opinion and would love to list your home – and show it on the weekends!


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Martis Camp – Strong Truckee Real Estate Sales

December 24, 2010

Information contained on this page is provided by companies via press release distributed through PR Newswire, an independent third-party content provider. PR Newswire, WorldNow and this Station make no warranties or representations in connection therewith.

SOURCE Martis Camp

With 54 homes and a $40 million clubhouse currently under construction, project continues to defy the U.S. real estate market

TRUCKEE, Calif., Dec. 15, 2010 /PRNewswire/ — Developers of Martis Camp, a highly successful private golf and ski community located in North Lake Tahoe, announced 62 property sales in 2010 totaling $53.7 million. This represents a 36% increase over sales transactions in 2009, and a performance that further demonstrates the strength and viability of this community, which continues to defy the high-end real estate market nationwide.

“In 2010 we sold 62 total properties – 57 developer home sites and five custom homes,” according to Martis Camp Sales Director Brian Hull.  ”But the more compelling story is the large number of homes at Martis Camp that are finished and are under construction.  A total of 54 homes are under construction and 25 others are already completed, ranging in price from approximately $1.7 million to more than $10 million with an average home price between $2.5 million and $3.5 million.  This level of private residential construction activity is just unheard of in these unusual and challenging market conditions.” Since sales were launched in 2006, more than 293 home sites, representing approximately $245 million in land sales have been made.

Much of Martis Camp’s appeal to buyers comes from its design as a year-round, four-season family retreat, along with the fact that most of the amenities are already in place. In the winter, club members can enjoy direct ski access from the heart of Martis Camp to Northstar™-at-Tahoe Resort via the Martis Camp Express quad lift or cross country skiing on miles of groomed trails.  In the summer, members enjoy exceptional golf on the 18-hole Tom Fazio-designed course, hikes through the pristine Tahoe forest and a full slate of concerts under the stars at the Martis Camp Amphitheater.  An incredible variety of classes are offered year round at the Martis Camp Folk School, as is access to the quaint Lost Library.

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The Family Barn is an award-winning, one-of-a-kind recreation and entertainment complex that anchors the 2,177-acre private gated community.  With a summer swimming venue, bowling alley, art loft, movie theater, indoor basketball court, soda fountain and outdoor concert park, the Family Barn is the consummate venue for year-round gatherings and events. Owners view Martis Camp as a family playground offering unlimited access to the natural world with authentic experiences.

In addition to the strong momentum on the residential building front, Martis Camp’s new clubhouse, the Camp Lodge, is under construction and planned for opening in summer 2011.  Situated on a 90-foot rock precipice, the Camp Lodge is an iconic architectural masterpiece modeled after the grand lodges of the West.  There are a number of places in the Camp Lodge that feature up to 270-degree views of the Carson Range, Lookout Mountain and Sierra Crest allowing club members and guests the opportunity to relax and dine casually on the terrace or make an occasion of it in an elegant dining room with unforgettable vistas of the surrounding mountain ranges. The Camp Lodge will also feature a full-service day spa with a delightful menu of massage and therapeutic treatments, outdoor lap and vitality pools, men’s and ladies’ locker rooms, fitness area and fully-stocked golf professional shop.






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Martis Camp Golf Club #18 View From Tee Truckee, California






Martis Camp is growing rapidly thanks to a financially sound and responsible development team. DMB/Highlands Group, LLC, is comprised of two of the country’s premier recreational-residential community developers, DMB Associates and Highlands Management Group.  In addition to Martis Camp, the team is responsible for the creation of Lahontan, a premiere North Lake Tahoe private golf club community. The DMB/Highlands Group track record of strength and stability provides security to owners and club members. “When folks come to North Lake Tahoe looking for property, Martis Camp appeals to both the heart and the head of the second home buyers like no other community. For those people who desire a 4-season lifestyle that appeals to all age groups, Martis Camp is unmatched,” says Hull.  ”I believe our success as a community is closely tied to the idea and the demand for a “timeless” purchase. Our owners want something that’s useable year-round plus something every person in their family will enjoy that can be passed down through the generations.”

About Martis Camp

Martis Camp is a private, gated community that stretches across 2,177 pristine acres in North Lake Tahoe, Calif. The land plan allows for approximately 653 homesites with a mixture of estate lots averaging 1.7 acres in size and cabin lots averaging four-tenths of an acre in size.  All residences are custom and follow the guidelines of the Architectural Handbook, which emphasize architectural creativity compatible with the mountain environment.

Martis Camp Club offers a vast array of amenities including the Family Barn complex with a summer swimming venue, bowling alley, art loft, movie theater, indoor basketball court, soda fountain and outdoor performance stage and amphitheatre; Martis Camp Club also offers members direct ski access from Martis Camp to Northstar-at-Tahoe™ Resort via the Martis Camp Express quad lift and an 18 hole Tom Fazio golf course; an 18-hole putting park designed by Dick Bailey; a planned Camp Lodge with dining venues, club spa and fitness center, locker rooms and vitality pools; Folk School; Lost Library;  26 miles of private trails for hiking, snowshoeing and cross-country skiing and a planned Warming Hut at the base of Lookout Mountain. www.martiscamp.com

©2010 PR Newswire. All Rights Reserved.

Truckee Real Estate – New Listings

December 22, 2010


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Truckee Real Estate


Keep this link handy to see new Truckee Real estate Listings over the last 24, 48 and 72 hours.  http://www.truckeehome411.com/truckee-real-estate/

The new listings include Residential and Land.

Let me know if you want more information or want to view any of these properties.

Gary, 530-448-1100, TruckeeRealEstate@gmail.com


Truckee Real Estate – Martis Camp

December 21, 2010

Martis Camp

The Tom Fazio course is simply beautiful. It’s in a setting that could be described as a private national park. Everything is neat, trimmed, trees are healthy and activities galore!

A spectacular place to live and play.

Call me if you’d like to see Martis Camp.

Gary 530-448-1100

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The 17th, a par three


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The Martis Camp to Northstar-at-Tahoe lift


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The Family Barn


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Golf Course Hole #3

Tahoe Donner Street Map

December 21, 2010

Getting lost in Tahoe Donner? This can be a challenge with all the winding streets and excessive snowfall.

Print out this map and keep it handy ….

Tahoe Donner Map – Gary LaBelle

Tahoe Donner Homes, Truckee Real Estate, Lake Tahoe Homes

December 20, 2010

Tahoe Donner Homes – Single Family Home Sales – November 2010


The following Figure shows Tahoe Donner Single Family Home activity from Jan 2008 through November 2010.

The data is obtained from the Tahoe MLS published data. Note, this data is for single family homes only – contact me for data on Tahoe Donner Condos or data for other Truckee areas.

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Tahoe Donner Single Family Home Sales


Single Family home sales in November ’10 were up from November of the last couple years. This is significant since sales in Tahoe Donner are extremely seasonal and year to year comparisons are significant to get a valid picture of sales activity. Inventory (# of Single Family listings) was 87 listings at the end of Nov.  When you consider we have approximately 5000 single family homes in Tahoe Donner inventory continues to be low -  1.7% of the homes in TD. This low inventory is obviously a positive sign for the continued good health of the Tahoe Donner Market.

Average Days on market (DOM) increased  to 95 days – which looking at the above graph is still lower than last year and toward the low end for the last couple years. This means that homes in Tahoe Donner are typically selling in approximately 13 weeks or less. Great news!

Single family home sales were 19 homes, down from 27 last month. The 19 home sales in Nov were 25% higher than Nov of last year.  Regarding new home sales, there are 7 on the market and not more expected before next summer. We have seen a slowdown in buildable lot sales since we are at the end of the 2010 building season.


 




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Tahoe Donner Average and Median Sale Prices




Tahoe Donner Single Family Home Median and Average Home Price


One can see that the average and median prices jumped up this month with the sale of a $1.33M home on Skislope Way and a $1.79M home on Glacier Way.

One factor that has affected this price curve is a reduction of new high end new home construction activity in Tahoe Donner in 2009 and 2010. This has tended to keep single family (SF) home pricing a bit lower until Nov. where we had a couple high end homes sell.  Since we are getting some recent new home activity, one can expect that prices could stay a bit higher over the next few months. This is another good sign of a strong market because prices tend to be holding in even without a significant number of more  expensive new homes coming on the market.


I hope this data, presented in this form was useful to you. For an instant update, or a discussion about condos/townhomes, please call me and I’ll be pleased to provide you with the most recent data available. MLS data is available and I encourage the buyer or seller to study the data and arrive at their own conclusions before making a buy or sell decision. Contact me if you would like to see the “raw” data. I also have sold price vs. listed price data and prices per sq. ft. – this is very helpful if you are considering selling or buying a home – call me for a copy of this data.


Gary LaBelle

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glabelle@chaseinternational.com

www.TruckeeHome411.com

(530) 448-1100 cell
(530) 550-2956 fax


Chase International

The Leader in Luxury Real Estate
10007 Bridge Street, Suite C
Truckee, California 96161
www.chaseinternational.com

Ben Barbash’s Ski Report

December 18, 2010

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Ben & Ingrid

Conditions look great – check out Ken’s Ski Report. http://skireport973.blogspot.com/

Gary

Truckee Road Conditions

December 18, 2010



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Truckee Real Estate



Driving to or from Truckee?

Check out the Caltrans Web Cams along 80 and other local highways – as well as current road conditions.

http://video.dot.ca.gov/

Be safe!

Tahoe Donner Current and Historical Sales Data for Single Family Homes

December 17, 2010

I publish a monthly report for Tahoe Donner Single Family Home Sales. This report provides current as well as historical sales data for over the last 2 years. If you would like a copy, enter your name and email address and click send and I will send you a readable PDF copy of the current report that includes text and graphics. It contains historical sales, ask and sell prices, days on market and home inventory levels – very valuable for buyers and sellers that want a true picture of  Tahoe Donner sales activity.



Tahoe Donner Homes – Open House

December 10, 2010

Open house at 12963 Skislope Way on Sat 12/11, from 1-5PM.

Stop by and see the home.

Virtual Tour at www.12963skislopeway.com




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Virtual Tour for 12963 Skislope Way, Truckee CA




Gary LaBelle

glabelle@chaseinternational.com

www.TruckeeHome411.com

(530) 448-1100 cell
(530) 550-2956 fax


Chase International

The Leader in Luxury Real Estate
10007 Bridge Street, Suite C
Truckee, California 96161
www.chaseinternational.com

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