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Welcome to spring in the Sierra! While we're still experiencing snow showers and cold temps, April promises exciting activities like spring skiing in the morning and paddle boarding on Tahoe in the afternoon.
I recently had the pleasure of hosting Compass CEO, Robert Reffkin, his wife Benis, and their three children Raia, Ruby, and River at my Martis Camp listing, 8458 Valhalla! It was truly inspiring to hear his insights on this incredible property, the US markets, and witness his passion for Compass in person. Thank you, Robert, for the visit!
This month, we'll delve into the current luxury market stats, highlighting an early spring of sales. Both our Bay Area colleagues and we are seeing multiple offers, especially in the 2M and under range.
If you have any questions about the recent news regarding NAR lawsuits or want to discuss real estate fees, feel free to reach out. As the real estate landscape unfolds, I'll keep you updated on the facts that matter The most to you, my valuable clients!
Looking forward to sharing more insights with you soon!
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In March, the days on market decreased by 15%, indicating a faster-paced market compared to February. The volume increased by 19%, reaching $56 million, reflecting heightened activity. The median sales price surged by 38%, rising from $2.5 million in February to $3.463 million in March, showcasing an appreciation in property values. Additionally, the number of transactions rose by 27%, reaching 14, signifying a robust start to the spring market.
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APRIL 5 - 7 | 8:00 AM - 11:00 PM
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Part music festival, part beer festival, and part family reunion of return attendees. The event has four stages, three of which are under heated tents, a kids’ zone, food trucks, VIP area, and a coffee bar, plus beer, wine, spirits tastings from 2-5 pm daily. LEARN MORE
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WILD AND SCENIC MOVIE FESTIVAL
APRIL 19 | 6:00 PM - 9:00 PM
Truckee Community Theatre
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Join Mountain Area Preservation for the 8th Annual Film Festival. Get ready to get activated and inspired through 1.5 hours of awe-inspiring environmental, adventure, social justice, and youth-specific film programming. LEARN MORE
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APRIL 20 | 11:00 AM — 5:00 PM
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This free, environmental-education event takes place in the Village, giving kids and adults the opportunity to learn about recycling, composting, alternative energy, and sustainability through hands-on activities the whole family can enjoy. LEARN MORE
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TEN THINGS PROFESSIONAL DESIGNERS NEVER DO
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With the prevalence of TikTok and Instagram, every third person decorating a home feels they are a design expert. It takes the eye and experience of a professional interior designer to truly do the job right.
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FEATURED LUXURY COMMUNITY
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Martis Camp epitomizes the pinnacle of gated community living distinguished by its unparalleled access to both summer and winter recreational activities, making it a year-round paradise for those fortunate enough to call it home. Forbes Magazine heralds Martis Camp as the best four-season gated community in the United States, a testament to its comprehensive amenities and the bespoke lifestyle it offers. Every aspect of Martis Camp is designed to cater to the discerning tastes of its residents.
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A LUXURIOUS ESCAPE - THE RITZ-CARLTON
With its majestic setting, exceptional service, and an array of amenities, this resort offers a unique blend of adventure and relaxation. This guide explores what makes The Ritz-Carlton, Lake Tahoe a must-visit destination, from its exquisite accommodations to its world-class dining and recreational activities.
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7 BD 7 BA 6431 SF $10,925,000
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5 BD 6 BA 5647 SF $4,950,000
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6350 North Lake Boulevard
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4 BD 4 BA 2682 SF $6,900,000
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14455 Home Run Trail, Unit 14
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4 BD 5 BA 3312 SF $3,995,000
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WHAT IS YOUR HOME IS WORTH?
The home valuation tool below will tell you what your home is worth, no matter where it is located.
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Founder - Compass Northstar
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www.tahoelakeandskiproperties.com
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Compass is a real estate broker licensed in the State of Nevada and the State of California operating under multiple entities. DRE License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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