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Martis Camp Real Estate Market Update 2021

The Covid Pandemic has changed many aspects of daily life as well as the dynamics of real estate in Martis Camp and the greater Tahoe area. Never before has the community experienced more demand which is fueled by the incomparable club and lifestyle offerings that only Martis Camp offers. The heightened buyer demand continues to be met with the most unique mountain real estate offerings in the Western United States.
As of June 29, 2021, in Martis Camp there have been 34 custom homes and 17 homesites totaling more than $286,000,000 in volume. While inventory levels remain low there continues to be extraordinary new homes and homesites hitting the market along with high demand. As we enter the summer season there are a total of 8 custom homes for sale (pricing from; $5,895,000 – $15,500,000+) and 8 homesites (pricing from; $2,495,000 – $3,695,000). 
Our Martis Camp Realty, Inc. team is proud to continue leading the way with buyers and sellers within the community. In 2021, our dedicated team of agents have represented 50 of 52 sellers and 41 of 52 buyers. At Martis Camp Realty, Inc. we take great pride in the relationships we forge while working with clients to achieve their goals. Our commitment and expertise are part of why we are the #1 producing brokerage in the Truckee/Tahoe area now five years running (2016 through 2020).

As of June 29, 2021 (closed and/or in escrow sales):

34 CUSTOM HOMES SOLD AT MARTIS CAMP

19 Estate Homes
Average Sales Price = $8,554,474
          Average Price per sq. ft. = $1,516
          Average Interior sq. ft. = 5,638
      13 Cabin Homes
          Average Price = $5,213,462
          Average Price per sq. ft. = $1,626
          Average Interior sq. ft. = 3,207
       2 Guest Homes
          Average Sales Price = $2,556,470
          Average Price per sq. ft. = $2,021
          Average Interior sq. ft. = 1,616

18 HOMESITES SOLD

          Average Sales Price = $2,556,470
          Lowest Priced Homesite Sold- $1,700,000
          Highest Priced Homesite Sold- $4,500,000

TOTAL SALES VOLUME FOR 2021 = $286,000,000 +

In today’s hyper paced market, it is critical to work with experienced agents who specialize in the area you are considering. With over 15 years and 1,700 transactions at Martis Camp, our agents’ incomparable experience and expertise will provide you with the most accurate and comprehensive tools to assess your real estate options. Please contact us today at (530) 550-3200 or contact@martiscamp.com for a detailed market analysis.

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