Found 3 blog entries tagged as Tahoe real estate market news.

Home Values Gaining Ground in Tahoe Donner

The year is off to a good start in Tahoe Donner, with real estate sales showing a nice uptick from 2023. Despite very low inventory (only 12 homes were available for sale at the end of January), 10 homes changed hands in Tahoe Donner during the first month of 2024.  That's up from just 8 the year before.

The median sales price rose to $1,157,500 (a 3 percent increase over 2023), thanks in part to new construction sales north of $2 million. Brand new homes in Tahoe Donner are fetching close to $700/square foot. That's up significantly from just a few years ago, when new construction prices around $500/sf were raising eyebrows. But it's not greed that's driving the trend; it reflects increasing construction…

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Home Values Double over a Decade

It was an idea ahead of its time. 

The year was 2004, and the idea was to create a new community near downtown Truckee to fill the niche between the more affordable (and higher elevation) homes of Tahoe Donner, and the more exclusive, gated community of Lahontan, where some of Tahoe's most celebrated architects were designing homes that felt like a page out of a Craftsman Bungalow on a scale approaching the Ahwahnee Hotel.

The community was named for Joseph Gray, a Truckee founding "father" of sorts whose cabin still stands as an historic landmark downtown. Early lot sales were brisk.  Grays Crossing Real Estate Market DataInvestors and spec home builders gobbled up the early offerings, and by 2007, some prime lots were fetching more than half a…

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