Dollar Point is absolutely hot with almost nothing for sale. A typical mid-summer listing count would see 15-24 DP properties for sale. Currently there are just 5 active listings and 12 are in escrow.
A couple current escrows perfectly illustrate how nuts the DP market is – reach out to Alex for particulars.
I was able to help a seller achieve a record setting sale on Edgecliff Way this year for $4.375m.
We are seeing multiple offers on most properties and even at the highest levels. We are seeing non-contingent offers and competitive bidding on homes that are handled properly.
What does this mean?
It’s easy to get a high valuation of your property. But handling the process is where there are vast differences in real estate agents. The listing process needs to be done carefully, strategically, and experience matters. If you do it right, you will get non-contingent, high price, quick close offers. If you need more time in your Tahoe-Truckee home, we can work that, as well. Call me to discuss how I help buyers and sellers navigate the wild ride that is Tahoe-Truckee real estate in Summer 2020!
Important Notes on the Edgecliff Sale: I was able to sell this home off-market per sellers’ request. This was handled in an efficient manner with no interruption of their rental nor personal schedules. The selling price is $1072/foot which the highest price per foot ever recorded for a Dollar Point non-lakefront home. Note: I helped a different client achieve the record for highest Dollar Point MLS sale: $8,199,000 in 2015.
Quick Stats:
- 5 active MLS listings from $889k – 4.75m$m (off-market lakefront)
- 11 sales this year vs. 6 to this point last year.
- 12 escrows!
- 2019 Sold Volume was 1/3 that of 2018