//TAHOE TRUCKEE MARKET UPDATE, FEBRUARY 25th, 2016

TAHOE TRUCKEE MARKET UPDATE, FEBRUARY 25th, 2016

The perfect storm of abundant snow and clear skies over the holiday brought skiers from far and wide to Northstar who handled it without a hitch from this view point. Similarly, real estate showings have swelled with the crowds continuing to fuel optimism for a strong winter season and a deep snowpack to ski well into spring. With the “Miracle March” on the horizon we hope for plentiful snow to keep the buzz around town and smiles on everyone’s faces as they enjoy one of the few sports that can be truly enjoyed as a family together with all members participating. As a father of two young boys I can attest that skiing is the greatest family event for me as we gather all generations to enjoy the outdoors. Below is a picture of me and the boys yesterday enjoying a sunny day on the slopes.

Squaw_boys

Real Estate
Most significantly, Stellar Residence #3 just went pending yesterday at $3.6M which is the 3rd property of the Stellar Collection to go pending in the last six weeks. Including the pending Ritz residence, this brings the total dollar volume of pending in Mountainside at Northstar to $10,445,000 which is only $261,125 less than total sales volume in 2015. This is a great indicator for the market up here as many of our deals are consummated in the spring after families have visited multiple times throughout the winter creating memories they want to replicate.

PICK OF THE WEEK:
This home at Squaw Valley exudes mountain living and is in one of the most private locations you will find in the gated community of Painted Rock. Located at the end of a court, you will enjoy the private open space and well framed views from the great room of the Painted Rock outcropping that is one of the iconic features along the Truckee River. With 4,000 plus sq ft and over 5 bedrooms, this mountain retreat will absorb and entertain families of all sizes. Here is a link to the listing:Click Here to View Listings

Painted Rock

I hope to see you up in Tahoe enjoying the beautiful weather and don’t hesitate to call if you want to look at any real estate.

Happy turns,
Shane

TAHOE MOUNTAIN REALTY

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

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About the Author:

Jasmine has more than eight years of experience in the luxury resort and private club industry. Spending the last few years in Sonoma County, CA not only gave her the opportunity to work with numerous companies including, Mayacama Golf & Residence Club, The B-hive, and Timbers Resorts, but it also sparked a great love for food and wine. As a Truckee native she has strong community ties and was thrilled at the chance to move back to the Mountains in 2013. She found her home at Tahoe Mountain Realty as the Marketing Manager, and utilizes her diverse skill set to provide high-level support to the entire Brokerage. Connect with her directly by phone, email or through LinkedIn. Learn More About Jasmine