Our team is excited to share our Year End 2025 Market Report, featuring stunning photography and key insights across Truckee and North Lake Tahoe’s most sought-after communities. From the Martis Valley “trifecta” to Gray’s Crossing, Tahoe Donner, Northstar, and Donner Lake, we tracked meaningful shifts in pricing, absorption, negotiation trends, and buyer behavior that shaped the market in 2025.

Across the Greater Truckee market, pricing momentum strengthened year-over-year — with both average list and sold prices rising over 22%, driven by increased activity in the luxury markets. Median pricing remained steady in essentially all neighborhoods, while days on market reflected a consistent pace and stable buyer activity throughout the year.

Meanwhile, North Lake Tahoe saw a major jump in annual sales volume (+36.5%) alongside higher average pricing and faster absorption — confirming continued demand in lake-adjacent and resort-driven neighborhoods.

KEY TAKEAWAYS 2025 YEAR END

1. More luxury transactions drove market strength, pushing average list and sold pricing up across the Greater Truckee area, particularly in Martis Valley

2. Sales volume remained stable in the Greater Truckee area. Mainstay Tahoe Donner SF pricing softened slightly along with a decline in transactions

3. Buyers gained slightly more negotiating room, shown by a small dip in sold-to-list ratios in several neighborhoods

4. Luxury amenity-driven neighborhoods remain resilient, continuing to attract primary/second-home and legacy clientele

5. Accurate pricing remains the defining success factor — the market continues to reward sellers who align with buyer expectations and perceived value

We are always available for a consultation, whether selling or purchasing property. Feel free to reach out anytime. Wishing you a joyful winter season and a wonderful beginning to 2026. See you on the slopes!

Kindly, Alison 😊

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