Anticipating a beautiful Spring and upcoming summer, real estate volume stepped up substantially in May! Our Elder Group team transacted over $17,000,000 in closed escrows, representing seven Seller Clients and four Buyer Clients. Four of our Clients purchased beautiful Elder Group listings – our inventory is fantastic!
Setting a new “comp” in Lahontan, our 7560 Lahontan Drive listing conveyed for over $1,000 per s.f.; furnishings were purchased outside of escrow. Stunning views await the new owners of our listing at 11164 The Strand. Sold in just 14 days, this remarkable acreage property brings panoramic views of the Summit, area Lakes – a rare find and beautiful retreat. Coveted new construction in Tahoe Donner brings mountain modern design and tasteful finishes; our Elder Group clients had the opportunity to design their own ambiance at 17030 Ski Slope and are now full time – welcome to Tahoe Donner! As leaders in Tahoe Donner, Alison often has terrific properties that sell pre-emptively – such as 13104 Falcon Point; 12334 Viking Way was listed and purchased by Elder Group clients with a quick close!
We are seeing a BIG trend of Buyer Clients moving from equities to larger cash positions in their portfolios. Purchasing real estate and enjoying a mountain lifestyle is surely a wonderful place to ride out the economic changes surely coming! Increased inventory is slated for this summer and on its way, Elder Group is preparing over $50MM in listing launches as Seller’s prepare their home for market. As supply and demand balances begin to normalize, increased interest rates will drive buyers to make more careful purchasing decisions. We are also seeing some price reductions for the first time in the last 18 months with Buyer Clients really reviewing “comps” when making their offers.
I anticipate this summer to be robust and very busy. Truckee-Tahoe is the place to enjoy a wonderful mountain lifestyle and offers an easy to reach mecca of outdoor activities!
We are proud to announce that RealTrends ranked Alison 230th in the nation for 2022, representing the top 1% of Realtors in the U.S.! If you are interested in selling your property, contact Alison for a consultation about its value and our award winning results for our Clients!
Elder Group Tahoe Seller Clients
7560 Lahontan Drive
Lahontan, Truckee
List Price: $3,275,000
Sold Price: $2,900,000
Close of Escrow: 5/16/2022
11164 The Strand
List Price: $2,645,000
Sold Price: $2,433,000
Close of Escrow: 5/23/2022
17030 Skislope Way
Tahoe Donner, Truckee
List Price: $2,200,000
Sold Price: $2,186,965
Close of Escrow: 5/20/2022
12334 Viking Way
Tahoe Donner, Truckee
List Price: $1,445,000
Sold Price: $1,585,000
Close of Escrow: 5/2/2022
13104 Falcon Point Place
Tahoe Donner, Truckee
List Price: $1,050,000
Sold Price: $1,250,000
Close of Escrow: 5/10/2022
12520 Lausanne Way
Tahoe Donner, Truckee
List Price: $895,000
Sold Price: $1,156,000
Close of Escrow: 5/23/2022
11072 China Camp Road
Gray’s Crossing, Truckee
List Price: $345,000
Sold Price: $345,000
Close of Escrow: 5/6/2022
Elder Group Tahoe Buyer Clients
17030 Skislope Way
Tahoe Donner, Truckee
List Price: $2,200,000
Sold Price: $2,186,965
Close of Escrow: 5/20/2022
12334 Viking Way
Tahoe Donner, Truckee
List Price: $1,445,000
Sold Price: $1,585,000
Close of Escrow: 5/2/2022
13104 Falcon Point Place
Tahoe Donner, Truckee
List Price: $1,050,000
Sold Price: $1,250,000
Close of Escrow: 5/10/2022
11072 China Camp Road
Gray’s Crossing, Truckee
List Price: $345,000
Sold Price: $345,000
Close of Escrow: 5/6/2022
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