2025 Truckee Spring Market Report
Market Reports
Market Reports
The Truckee real estate market is going through a noticeable shift this spring. While overall prices have cooled compared to the peak of recent years, the luxury segment is still going strong. This contrast is creating a more balanced, thoughtful market—one where strategy matters and opportunities are starting to reappear.
Median Listing Price: $1,000,000
(↓ 20.2% year-over-year)
Median Sale Price: $1,016,750
(↓ 10.1% from April 2024)
Average Home Value: $1,038,810
(↓ 0.4% Y/Y – relatively stable)
Median Days on Market: 48 days
Total Inventory: ~170 homes active, 50 newly listed
What this means: We’re seeing more realistic pricing and more patient buyers. The frenzied pace of the pandemic market has eased, giving space for thoughtful negotiation and long-term value planning.
Despite the broader slowdown, luxury homes in Truckee are outperforming:
Luxury Single-Family Homes: Median price up 13% to $1.5M
Luxury Condos: Median price surged 22% to $790,000
Buyers are still competing for homes with premium features—think ski access, golf community amenities, and stunning views. In neighborhoods like Lahontan, Northstar, Schaffer’s Mill, and Gray’s Crossing, well-appointed homes are selling faster and with stronger offers.
Buyers
Now is a great time to explore options. With more inventory and motivated sellers, you may find a better deal—and less competition—than in previous seasons. Work with an agent who knows how to spot true value.
Sellers
Presentation and pricing are everything right now. The homes that are updated, staged, and priced according to today’s market are the ones generating offers. Premium properties still hold power—but they must be dialed in.
Investors
Short-term rental properties in areas where permits are available (like Tahoe Donner and Northstar) continue to perform well. As pricing levels off, there may be windows to buy in and build equity over time.
Summer is traditionally the high season for Truckee real estate. Visitor traffic increases, second-home buyers explore neighborhoods, and new listings hit the market. Here’s what to expect:
More showings and interest, especially for homes with lifestyle perks
Continued strength in luxury and resort-adjacent properties
A chance for savvy buyers to act before interest rates adjust again
Truckee’s market in 2025 is evolving—not retreating. Buyers have more breathing room. Sellers have a narrower window to stand out. And investors willing to look long-term will find areas of strength.
Need help navigating this unique moment in the Truckee real estate landscape?
Let’s connect.
📞 Contact Tilly Mezger, Top Agent + Founder
Tahoe Truckee Real Estate Group
www.TahoeTruckeeRealEstate.com
📱 530-545-0587
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