Last week I posted the 2008 Mid-Year Review compiled and released by our broker, Chase International. This week our broker released the 2008 Mid-Year Price Banding charts. These can be accessed through the link below. (Click on the chart to enlarge.)
These charts show the number of units sold at various price points, and cover Incline Village, East Shore, Truckee, Tahoe City, South Lake Tahoe, Reno/Sparks and Carson Valley. As an example 40% of the houses that sold in the first half of 2008 in Reno/Sparks sold for less than $250,000. 74% sold for less that $350,000.