North Lake Tahoe Luxury Home Sales Jump 21% Coldwell Banker Residential Brokerage Reports
Summary
“Luxury home sales in the Tahoe area remains very strong as we go through the fall selling season," said Michael Lombardi, manager of Coldwell Banker Residential Brokerage in the North Lake Tahoe-Truckee region." Some other key findings from the Coldwell Banker Residential Brokerage luxury report for the latest quarter: - The most expensive sale in the Tahoe-Truckee region was a four-bedroom, five-bath west shore Tahoe home that sold for $4.6 million; - The Truckee area boasted the most million-dollar sales with 23, followed by the north shore Tahoe with 10 and the west shore Tahoe with eight; - Homes sold in an average of 198 days on the market compared to 166 days a year ago and 75 days the previous quarter; - Sellers received an average of 92 percent of their asking price, the same as a year ago but down from 95 percent the previous quarter.Tahoe City, CA, October 31, 2012 --( PR.com )-- Luxury home sales in the North Lake Tahoe and Truckee areas jumped 21 percent in the third quarter of 2012, according to a new report by Coldwell Banker Residential Brokerage, Northern California’s leading luxury real estate services company.The figures were derived from Multiple Listing Service data of all homes sold in the region for more than $1 million during the most recent quarter.A total of 41 homes sold for more than $1 million during the July-September period, up from 34 high-end sales during the same period last year."Some other key findings from the Coldwell Banker Residential Brokerage luxury report for the latest quarter:- The most expensive sale in the Tahoe-Truckee region was a four-bedroom, five-bath west shore Tahoe home that sold for $4.6 million;- The Truckee area boasted the most million-dollar sales with 23, followed by the north shore Tahoe with 10 and the west shore Tahoe with eight;- Homes sold in an average of 198 days on the market compared to 166 days a year ago and 75 days the previous quarter;- Sellers received an average of 92 percent of their asking price, the same as a year ago but down from 95 percent the previous quarter.The North Tahoe–Truckee Luxury Housing Report is a quarterly report by Coldwell Banker Residential Brokerage, a specialist in high-end real estate sales.Contact Information Coldwell Banker Residential Brokerage Stephen Maita 510.739.0620 Click here to view the list of recent Press Releases from Coldwell Banker Residential Brokerage Promote Your Business Press Release Pricing Email this page to a friend