Northstar Weekly Market Update
February 02, 2012

Kevin J. Sheridan, Broker-Owner
Paul Purchard, Broker-Associate
Sheridan Brokers Northstar Real Estate
CA DRE Lic #01298791
(530) 546-5250   Fax (866) 575-1760
Northstar Office: 100 Northstar Drive, Truckee, CA  96161
(on the corner of Hwy 267 and Northstar Drive)
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Stop by our office located at the corner of Highway 267 and Northstar Dr. with plenty of parking and easy access!  Be sure to ask for Kevin or Paul.  We look forward to servicing your real estate needs.  We have been top re-sale producers at Northstar for years with an unmatched level of service, knowledge of the market, integrity and experience.   Your referrals are always appreciated!

Here is a link to a very interesting weather site for the Tahoe Area!
http://www.tahoeloco.com/weather-geek

The blocking pattern that is responsible for the Sierra's second serious dry spell this winter is holding strong and will bring Tahoe another spring-like weekend. And after a chance of some limited precipitation early next week, the ridge of high pressure looks likely to rebuild and extend our dry weather well into February.

High temperatures this weekend will be in the 40s along the Lake and at 7000 feet under mostly clear skies.

A low pressure system moving out of the Gulf of Alaska on Monday is forecast to approach the California coast by Tuesday. The forecast models are in conflict on exactly how it will move east. One model has the system breaking apart as it its the California coast, bringing Tahoe next to nothing in terms of precipitation. The other model shows it holding together a little more, and bringing rain and snow to the region. But even this scenario would not be a major storm, probably just a few inches of snow. After that system moves through, the high pressure rebuilds and we're looking at another several days to a week, at least, of dry weather.

So for now enjoy the weekend and we will keep an eye on that little storm for Tuesday and, more importantly, on the movement of air above the Pacific that will signal our next pattern change.

We are your source for Northstar Real Estate Information! 

Helpful Information and Links

  1. The Glades - Northstar-at-Tahoe - 25 proposed single family homesites above the Summit.  Prices have been set, please contact me for more information.  Range - $775,000 to $2,595,000.
  2. Northstar Fire Dept. - Information on new CO Detector requirements for residential property.  Laws changed 07/31/2011.

  3. At Northstar and need info, Try our Mobile Website  - www.NorthstarRealEstate.mobi

  4. Have you looked at our Featured Listings section! - Expanded information, Virtual Tours and more!

  5. Download Northstar Phone List - Perfect for the Refrigerator!

  6. Comparable Sales - See what has sold in Northstar and get details!  Call for access password.

  7. Be sure to Browse www.NorthstarRealEstate.com for information about Northstar including comparable sales, rental figures, dues & fees and much more!  A great source of information. 

Kevin Sheridan has been specializing in the Northstar and North Lake Tahoe real estate market for the past 22 years.  He is the Broker/Owner of  Northstar Real Estate with an office conveniently located and easily accessible at the entrance to Northstar at Hwy 267Call today for more information on purchasing or selling your Northstar property!
The information below is taken from the Multiple Listing Service and is deemed reliable but should
be verified.  Square footage is approximate and unconfirme
d.
Northstar-at-Tahoe® Hot Sheet
Recent Changes to the Northstar Real Estate Market

New Listings

Date

Type

Address

Price

Bed

Bath

SqFt

$/SqFt

Gar

01/31/12

Condo

6120 Rocky Point Cir

$369,000

2

2

 

 

0

02/01/12

Lot

The Glades #4

$775,000

--

--

--

--

--

02/01/12

Lot

The Glades #3

$825,000

--

--

--

--

--

02/01/12

Lot

The Glades #21

$995,000

--

--

--

--

--

02/01/12

Lot

The Glades #6

$1,495,000

--

--

--

--

--

02/01/12

Lot

The Glades #19

$1,649,000

--

--

--

--

--

02/01/12

Lot

The Glades #18

$2,595,000

--

--

--

--

--

 

Recent Price Changes

Date

Type

Address

Price

Old Price

$/SqFt

Bed

Bath

SqFt

02/01/12

Condo

3091 Silver Strike

$285,000

$299,000

$267.86

2

2

1064

01/31/12

Lot

2386 Overlook Pl

$895,000

$995,000

--

--

--

--

01/29/12

Condo

5075 Gold Bend

$369,000

$379,000

$346.80

2

2.6

1064

01/26/12

Condo

Village Walk #6

$1,895,000

$1,995,000

$707.88

4

4.5

2677

 

Recent Status Changes

Date

Type

Status

Address

Asking

Bed

Bath

SqFt

Gar

Year

01/31/12

Condo

Expired

6039 Mill Camp

$369,000

2

3

1009

0

1979

01/26/12

Home

In Escrow

1013 Martis Landing

$419,950

4

3

1722

0

1980

 

Properties Currently in Escrow

Contract

MLS #

Address

Asking

Bed

Bath

SqFt

$/SqFt

COE

01/26/12

20112507

1013 Martis Landing

$419,950

4

3

1722

$243.87

03/09/12

01/26/12

20111557

4051 Coyote Fork

$174,000

1

1

633

$274.88

03/05/12

01/18/12

20112935

8210 Catamount

$179,000

0

1

528

$339.02

Short Sale

01/12/12

20113088

Gondola Bldg #308

$1,210,000

3

3.5

1868

$647.75

02/07/12

01/09/12

20112625

1629 Deer Path

$579,000

3

3

2263

$255.86

02/23/12

01/09/12

20112529

1739 Grouse Ridge Rd

$365,000

--

--

--

--

02/08/12

01/08/12

20112632

1509 Iron Horse So

$795,400

3

3

1750

$454.51

02/02/12

01/07/12

20113007

213 Basque

$1,165,000

5

3

3296

$353.46

3/6/12

01/05/12

20120001

822 Beaver Pond

$649,000

3

2

1563

$415.23

2/8/12

12/30/11

20103307

2305 Iron Horse No

$619,500

2

2

1215

$509.88

Short Sale

12/29/11

20112935

8210 Catamount

$179,000

0

1

528

$339.02

Short Sale

12/28/11

20102865

8310 Catamount

$187,000

0

1

528

$354.17

Short Sale

12/24/11

20112928

Gondola Bldg #403

$1,075,000

2

2.5

1536

$699.87

01/24/12

12/24/11

20112932

5118 Gold Bend

$335,000

2

2

1000

$335.00

02/26/12

12/23/11

20113048

1311 Iron Horse So

$1,100,000

3

3

1955

$562.66

01/11/13

12/05/11

20111673

502 Wolf Tree

$539,000

4

2

1890

$285.19

01/06/12

10/16/11

20110719

8204 Catamount

$550,000

2

2.5

1206

$456.05

Short Sale

08/22/11

20103307

2305 Iron Horse No

$620,000

2

2

1215

$510.29

Short Sale

08/18/11

20103256

1311 Iron Horse So

$925,000

3

3

1955

$473.15

Short Sale

07/22/11

20110048

Home Run Trail #5

$2,495,000

5

5

3871

$605.79

06/30/12

01/13/11

20110062

Home Run Trail #6

$2,450,000

4

5

3180

$770.44

05/15/12

 

Properties Recently Reported Closed

Closed

Type

Address

Asking

Sold

Bed

Bath

SqFt

$/SqFt

Gar

 

 

 

 

 

 

 

 

 

 

Northstar-at-Tahoe® Property List

Northstar Homes for Sale

 

MLS #

Address

Ask Price

Bed

Bath

SqFt

$/SqFt

Gar

Built

1

20120092

710 Conifer

$485,500

3

2

1538

$315.67

0

1980

2

2902469

1227 Gold Bend

$549,000

4

3

1920

$284.94

0

1974

3

20112085

707 Conifer

$575,000

3

2

2080

$276.44

2

1979

4

20113038

523 Wolf Tree

$595,000

3

2

1588

$388.89

2

1981

5

20110085

1512 Logging Trail

$605,000

3

3

1800

$336.11

2

1988

6

20110661

366 Skidder Trail

$780,000

4

3.5

2067

$377.36

2

1994

7

2902978

342 Skidder Trail

$850,000

4

3

2046

$415.44

1

1992

8

20112962

1038 Martis Landing

$975,000

4

4

 

 

CP

 

9

20103155

123 Basque

$975,000

4

4.5

2644

$368.76

2

1983

10

20102018

324 Skidder Trail

$1,150,000

5

5

3142

$366.01

2

1984

11

20111680

397 Skidder Trail

$1,175,000

4

4.5

2841

$415.05

2

1990

12

20101279

399 Skidder Trail

$1,175,000

4

4.5

3500

$335.71

2

1988

13

20112952

150 Basque

$1,299,000

5

4.5

3850

$337.40

2

1979

14

20111764

2006 Red Tail Ct

$1,499,000

4

3.5

2921

$513.18

2

2000

15

20112895

1712 Grouse Ridge Rd

$1,599,000

5

4.5

3586

$445.90

2

1998

16

20110080

1759 Grouse Ridge Rd

$1,639,000

4

4.5

3565

$459.75

2

2007

17

20112513

527 Wolf Tree

$1,645,000

6

4.5

3652

$450.44

2

1987

18

20102082

2212 Silver Fox Ct

$1,749,000

4

4.5

3995

$437.80

2

2003

19

20110818

2108 Eagle Feather Ct

$2,200,000

4

4.5

3116

$706.03

2

2003

20

20111988

1932 Gray Wolf

$2,499,000

6

4.6

4482

$557.56

2

 

21

20112838

1926 Gray Wolf

$2,595,000

4

4.5

4240

$612.03

3

2003

22

20111885

1774 Grouse Ridge Rd

$2,649,500

4

4.5

3824

$692.86

2

2007

23

20111979

2110 Eagle Feather Ct

$3,250,000

5

5.5

5200

$625,000

2

 

Original Northstar™ Condos for Sale

MLS

Group

Address

Asking

Bed

Bath

SqFt

$/SqFt

Built

1

2903016

NS Village

NS Village 212

$205,000

0

1

336

$610.12

1973

2

20111703

NS Village

NS Village 205

$205,000

0

1

336

$669.64

1973

3

20120088

NS Village

NS Village 213

$215,000

0

1

336

$639.88

1973

4

20112936

NS Village

NS Village 224

$220,000

0

1

336

$654.76

1973

1

20113020

Aspen Grove

3091 Silver Strike

$285,000

2

2

1064

$267.86

1974

2

20112128

Aspen Grove

3071 Silver Strike

$295,000

2

1

1008

$292.66

1974

3

20112387

Aspen Grove

3098 Silver Strike

$310,000

2

1

1008

$317.46

1974

4

20112958

Aspen Grove

3127 Aspen Grove

$329,000

2

2

1064

$309.21

1974

5

20112978

Aspen Grove

3095 Silver Strike

$375,000

3

2

1212

$281.53

1974

1

20101915

Ski Trail

4075 Coyote Fork

$248,500

1

1

633

$392.58

1975

2

20112477

Ski Trail

4081 Coyote Fork

$259,000

1

1

633

$409.16

1975

3

20103003

Ski Trail

4005 Ski View

$269,000

1

1

633

$424.96

1975

4

20113069

Ski Trail

4109 Coyote Fork

$299,000

1

1

633

$472.35

1975

5

20112327

Ski Trail

4052 Coyote Fork

$325,000

2

1

842

$397.86

0

6

20112578

Ski Trail

4060 Coyote Fork

$335,000

2

2

842

$397.86

0

7

20112455

Ski Trail

4070 Coyote Fork

$335,000

2

1

842

$397.86

0

8

20111031

Ski Trail

4140 Coyote Fork

$337,000

2

1

842

$400.24

1974

9

20112363

Ski Trail

4134 Coyote Fork

$369,000

2

2

842

$438.24

1975

1

20111670

Gold Bend

5124 Gold Bend

$339,000

2

1.5

1008

$336.31

1974

2

2901654

Gold Bend

5075 Gold Bend

$369,000

2

2.5

1064

$346.80

1974

1

20112909

Indian Hills

6080 Rocky Point Cir

$325,000

2

2

1009

$322.10

1979

2

20112300

Indian Hills

6025 Mill Camp

$325,000

2

2

1000

$325.00

1979

3

2802968

Indian Hills

6077 Rocky Point Cir

$329,000

2

2

1000

$329.00

1979

4

20100972

Indian Hills

6026  Mill Camp

$337,500

2

2

1009

$334.49

1978

5

20100273

Indian Hills

6063 Rocky Point Cir

$365,000

3

2

1212

$301.16

1978

6

20120194

Indian Hills

6120 Rocky Point Cir

$369,000

2

2

 

 

 

7

20111701

Indian Hills

6041 Mill Camp

$425,000

3

2

1212

$350.66

1979

8

20102321

Indian Hills

6097 Rocky Point Cir

$429,000

3

2

1205

$356.02

1986

9

20100504

Indian Hills

6138 Feather Ridge

$499,000

2

2

1009

$494.55

1979

Homesites for Sale

 

MLS #

Area

Lot #

Address

Asking

Acres

1

2702012

Northstar

72

1076 Martis Landing

$275,000

 

2

20120043

Big Springs