Truckee’s top resort communities are flourishing. This update includes the number of homes built, in design review and being built currently for the new resort communities of Lahontan, Gray’s Crossing and Martis Camp as of 10.1.2015. Also included are 3rd quarter sales, 2nd quarter sales to compare movement, and 2014 sales for a larger sample size comparison.
GRAY’S CROSSING
69 completed homes
31 under construction
16 final approved projects now coming
Home Sale Activity
3rd Quarter Activity 2015
4 Sales: $1,273,750 Avg Sale Price; $1,257,750 Median Sale Price
2nd Quarter Activity 2015
3 Sales: $1,300,000 Avg Sale Price; $1,355,000 Median Sale
2014 Sales
12 Sales: $1,204,500 Avg Sale Price; $1,318,000 Median Sale
Homesite Sale Activity
3rd Quarter Activity 2015
14 Sales: $128,321 Avg Sale Price; $97,750 Median Sale
2nd Quarter Activity 2015
6 Sales: $123,00 Avg Sale Price; $115,000 Median Sale
2014 Sales
35 Sales: $110,000 Avg Sale Price; $115,000 Median Sale
LAHONTAN
246 completed homes
14 under construction
10-12 active designs
Home Sale Activity
3rd Quarter Activity 2015
4 Sales: $1,882,500 – average sale price; $1,915,000 – median sale price
2nd Quarter Activity 2015
3 Sales: $2,020,000 – average sale price; $2,100,000 – median sale price
2014 Sales
13 Sales: $2,124,423 – average sale price; $1,875,000 – median sale price
Homesite Sale Activity
3rd Quarter Activity 2015
6 Sales: $162,833 – average sale price; $100,000 – median sale price
2nd Quarter Activity 2015
2 Sales: $311,500 – average sale price; $311,500 – median sale price
2014 Sales
30 Sales: $235,655 – average sale price; $182,625 – median sale price
MARTIS CAMP
259 completed homes
109 under construction
81 in design review stage
Home Sale Activity
3rd Quarter Activity 2015
7 Sales $3,948,214 – average sale price; $3,425,000 – median sale price
2nd Quarter Activity 2015
2 Sales $4,425,000 – average sale price; $4,425,000 – median sale price
2014 Sales
36 Sales $3,711,988 – average sale price; $3,333,140 – median sale price
Homesite Sale Activity
3rd Quarter Activity 2015
5 Sales $1,023,600 – average sale price; $995,000 – median sale price
2nd Quarter Activity 2015
5 Sales $1,162,700 – average sale price; $828,500 – median sale price
2014 Sales
8 Sales $995,000 – average sale price; $800,000 – median sale price
Note: Homesite sales only include resale lots and not developer sales. Developer will likely be done with remaining developer lots by the end of 2015. They have 32 left of their 665.
#NewNorthstar – VILLAGE at NORTHSTAR and MOUNTAINSIDE at NORTHSTAR
Home/Condominium Sale Activity
3rd Quarter Activity 2015
5 Sales $1,141,225 – average sale price; $1,050,000 – median sale price
2nd Quarter Activity 2015
2 Sales $721,875 – average sale price; $721875 – median sale price
2014 Sales
28 Sales $1,816,392 – average sale price; $1,802,000 – median sale price
ORIGINAL NORTHSTAR
(Consists of NPOA homes around the Northstar golf course and Big Springs. In addition to Ski Trail, Aspen Grove, Gold Bend and Indian Hills condominiums)
Home Sale Activity
3rd Quarter Activity 2015
5 Sales $1,508,100 – average sale price; $837,500 median sale price
2nd Quarter Activity 2015
6 Sales $787,916 – average sale price; $745,000 – median sale price
2014 Sales
36 Sales $907,690 – average sale price; $813,750 – median sale price
Condominium Sale Activity
3rd Quarter Activity 2015
7 Sales $358,928 – average sale price; $370,000 – median sale price
2nd Quarter Activity 2015
9 Sales $327,055 – avereage sale price; $315,000 – median sale price
2014 Sales
35 Sales $342,828 – average sale price; $344,000 – median sale price
