Luxury home sales in the North Lake Tahoe and Truckee areas jumped 21 percent in the third quarter of 2012, according to a new report by Coldwell Banker Residential Brokerage, Northern California’s leading luxury real estate services company.
The figures were derived from Multiple Listing Service data of all homes sold in the region for more than $1 million during the most recent quarter.
A total of 41 homes sold for more than $1 million during the July-September period, up from 34 high-end sales during the same period last year. Third quarter luxury sales were also up sharply from the 22 luxury transactions during the second quarter of this year.
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