northstar-q4-2018

Northstar Village 2018 Year End Market Update

Julie Butler, January 18, 2019 in Market Update, Northstar Village, Real Estate, TMR, Tahoe/Truckee

Northstar median pricing increased by 17% from 2017 when the median price was $685,000. In 2018 the median price was a very healthy $801,750, which is the highest median price since 2008.

2018 Northstar Village Snapshot:

27 Condo/Townhome sales

9 sales greater than $1M

Average Sold Price = $896,603

Average Price per sq. ft. = $630

Average sq. ft. = 1461

Median Days on Market = 113

Median Price = $801,750

Total Sales Volume for 2018 = $24,208,204

Available Properties

While the month of January is historically the slowest month for real estate closings in our market, this January has proven differently as many ski families are actively shopping for a mountain retreat to call their own. Ski season is in full swing with 100 of 100 trails open at Northstar. Northstar’s coveted side-country zone, Sawtooth Ridge, is also open and can be found off of Challenger on The Backside.