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Martis Camp 2020 Market Report

As the Covid pandemic has changed everyone’s life, so too has it changed the dynamics of real estate at Martis Camp. Never before has the community experience more demand, fueled by many seeking to escape to the serenity of this unmatched mountain lifestyle. Despite almost no new escrows occurring during the shelter in place period in March-May, the market came roaring back and has achieved the highest amount of transactional volume since the start of sales in 2006.
As of December 1, 2020, we have closed or put into escrow 61 custom homes and 55 homesites totaling more than $418,000,000 in volume. As a comparison, through the same point in 2019 there were a total of 34 custom homes and 24 homesites totaling $221,000,000 in volume. Inventory levels remain relatively low with continued positive demand from buyers looking to be a part of this one of a kind lifestyle experience. As we enter the winter season there are a total of 14 custom homes for sale (pricing from; $2,595,000-$13,995,000) and 15 homesites (pricing from; $1,595,000-$2,995,000). For a more detailed market analysis and insights please contact our team directly at 530.550.3200 or info@martiscamp.com
Our Martis Camp Realty team is proud to continue leading the way with buyers and sellers within the community. In 2020 our dedicated team of agents represented 110 of 116 sellers and 102 of 116 buyers. At Martis Camp Realty we take great pride in the relationships we forge while working with clients to achieve their goals. Our commitment and expertise is part of why we are the #1 producing brokerage in the Truckee/Tahoe area now five years running (2016, 2017, 2018, 2019, 2020).
As of December 1, 2020 (closed and/or in escrow sales):
61 CUSTOM HOMES SOLD AT MARTIS CAMP
37 ESTATE HOMES
  • Average Sales Price = $6,665,074
  • Average Price per sq.ft. = $1,208
  • Average Interior sq.ft. = 5,284
19 CABIN HOMES
  • Average Price = $4,160,342
  • Average Price per sq.ft. = $1,305
  • Average Interior sq.ft. = 3,078
5 GUEST HOMES
  • Average Sales Price = $3,153,200
  • Average Price per sq.ft. = $2,392
  • Average Interior sq.ft. = 1,433
  • A record 23 homes sold over $6,000,000 in 2020
55 HOMESITES SOLD
  • Average Sales Price = $1,758,809
  • Highest Priced Homesite Sold- $3,900,000
  • A record 16 Homesites Sold Over $2,000,000

TOTAL 2020 SALES VOLUME = $418,000,000 +

Whether buying or selling a property at Martis Camp please allow our team to share our proven results and years of knowledge and market expertise with you. For more information about the beautiful homes and lifestyle at Martis Camp, visit MartisCamp.com or call today to arrange your private tour.
Sincerely,
Martis Camp Realty, Inc.
(530) 550-3200

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