2021 Martis Camp Real Estate Market Report

The sales numbers from Martis Camp in 2020 and 2021 are nothing short of extraordinary with closings on 113 homes and 79 homesites. It’s a continuation of the impressive demand that has existed for 15+ years at Martis Camp. In that time, over 500 homes have been built and 1,055 homesites and 383 homes have sold at Martis Camp. So what drives all the demand for real estate at Martis Camp? Simply put, fundamentals. Long before the pandemic further accelerated demand, Martis Camp was well established as a once-in-a-lifetime club and real estate opportunity. The land itself, along with amenities, location, club and community, coupled with extraordinary mountain homes, have cemented the bedrock of family experience in the finest Lake Tahoe luxury real estate community in the Western U.S. for generations to come.

As of December 30, 2021, in Martis Camp there have been 49 custom homes and 22 homesites closed totaling more than $418,000,000 in volume. While inventory levels remain low, there continues to be an extraordinary selection of new homes and homesites hitting the market, along with high demand from the current buyer base.

Our Martis Camp Realty team is proud to continue leading the way with buyers and sellers within the community. In 2021, our dedicated team of agents represented 69 of 71 sellers and 59 of 71 buyers. At Martis Camp Realty we cherish the relationships we forge while working to help clients achieve their goals. Our commitment and expertise are part of why we are the #1 producing brokerage in the Truckee/Tahoe area now six years running (2016 – 2021). 

As of December 30, 2021 (closed and/or in escrow sales):

49 CUSTOM HOMES SOLD AT MARTIS CAMP

31 Estate Homes  

          Average Sales Price = $8,704,839

          Average Price per sq. ft. = $1,558

          Average Interior sq. ft. = $1,558

15 Cabin Homes

          Average Price = $5,272,333

          Average Price per sq. ft. = $1,641

          Average Interior sq. ft. = 3,201

3 Guest Homes

          Average Sales Price = $3,798,333

          Average Price per sq. ft. = $3,034

          Average Interior sq. ft. = 1,440

22 HOMESITES SOLD

          Average Sales Price = $2,638,636

          Lowest Priced Homesite Sold- $1,700,000

          Highest Priced Homesite Sold- $4,500,000

TOTAL MARTIS CAMP SALES VOLUME FOR 2021 = $418,000,000 +

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 1,750 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 moc.pmacsitramobfsctd-490f9d@ofni for a detailed market analysis.

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