Thanks to everyone who enjoyed our Q4 2021 Statistics – we experienced record readership! Now, let’s take a look at Year-End 2021 as compared to 2020 within some of the most coveted Truckee-Tahoe Neighborhoods. These results will fuel a very interesting 2022 in the Truckee-Tahoe real estate market with new benchmarks in essentially every Neighborhood.
In popular Tahoe Donner, Gray’s Crossing and Old Greenwood, prices were up over 40%! Northstar had mixed, but solid, results based on geographic areas. There are clearly new “comps” throughout the Truckee-Tahoe real estate market.
Check out this easy-to-read overview:
We’ve received a number of Client calls asking about the market and “where is it going?”. While there’s no crystal ball, this past week’s Federal Reserve interest rate increase announcement combined with the volatility of both the stock market and crypto currency created a dual affect. Seller Clients appear more interested in listing their properties and Buyers are calling for coming soon and pre-emptive Elder Group inventory.
What does this mean? Both Buyers and Sellers do not want to “miss the moment”. Sellers want to capture the market while it’s hot and Buyers want to maximize their purchasing power before rates increase more – which is clear they have and will continue throughout 2022.
In this unusual paradigm, both Buyers and Sellers want to maximize this window of opportunity. Read on for our detailed Neighborhood reports!
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