North Tahoe, Truckee luxury home sales soared in 2016

By Mark Glover, Sacramento Bee

Luxury home sales in the North Lake Tahoe and Truckee area, which dropped off the table during the recession, shot up 50 percent in 2016, according to the regional office of Coldwell Banker Residential Brokerage.

Coldwell said 280 single-family homes and condominiums priced at $1 million and higher sold last year in the North Lake Tahoe/Truckee market, up from 187 unit sales in 2015. The data was compiled by the Multiple Listing Service.

Read the whole story