Basic economics state that when supply is decreased and demand is increased, you will see a rise in value. This statement holds true across nearly all commodities, but is especially applicable to real estate.
Mountainside at Northstar is currently experiencing the effect of this basic rule. With nearly $40,000,000 in total sales volume entering the fourth quarter, Mountainside has officially joined the ranks of some of the most successful communities in the Tahoe-Truckee region. We have recently seen a sale at the Home Run community while another is in the works. Presently, four residences in The Ritz-Carlton, Lake Tahoe have gone pending in the past month. These recent sales have greatly reduced the available inventory as we are entering the busy winter season.
There are only four remaining residences in The Ritz-Carlton and only three ski-in/ski-out townhomes available at Home Run. Prices have already been raised at The Ritz-Carlton, and a price increase may also be coming shortly at Home Run! Click here to view listings.
If you are considering an investment in some of the most valuable on-mountain real estate anywhere in the Tahoe area, now is the time. The market is experiencing healthy growth, and the rules of economics are tried and true. Inventory is dwindling quickly and prices are sure to increase as winter approaches. Invest in the future of your family here Mountainside at Northstar.
14464 Home Run Trail
3 bed / 3 bath / 2,032 sq.ft.