Friday, October 21, 2005

Home Prices Up, Condos Down near Tahoe

Frenetic activity is slowing down in the Truckee/North Tahoe area of California but home prices have soared. The median price of a single family home reached $701,000 this past year, says a published report. That's up 20 percent. But the median price of condominiums and townhomes fell $28,500 to $459,000, Sales volume for 2005 is down 18 percent .

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