We are now into the final weekend of skiing and snowboarding in Squaw Valley! This Memorial Day weekend has tons of events and activities scheduled excluding the 21st Annual Lake Cushing Crossing which is rescheduled for July 3rd! Headwall and KT are scheduled to be open this last weekend. Here’s Squaw’s events link: http://www.squaw.com/spring-operations-events

Also coming up is the deadline for Squaw ski passes for next year; you need to buy your pass by June 15th or you pay more, probably much more! Here’s that link: http://www.squaw.com/season-pass

So far I’ve heard that Alpine Meadows and Mammoth Mountain will be open July 2nd – July 4th; Squaw has yet to make the decision at this press time! There is still tons of snow on the hill, it will be a very long time for it all to melt, a very long time!

The hiking up Shirley Canyon ought to be amazing at some point with epic waterfalls! So far there is still too much snow for the bluebird hikers to make it up. One source has told me that there is about forty feet of snow in the Shirley Lake area! It will be a long time before spring makes it there.

Sales continue in Squaw at very reduced prices. The economy is not picking up and there are sellers needing to get out from under their debt. Sales pricing is about where we were at about 2002 to 2004. Pricing is off about thirty to forty percent from its peak in 2008. Sales of one-bedroom units are ranging from about $250k to $300k and two-bedroom units are selling in the $400k to $500k range! Of course this excludes some of the auctioned units at the Resort at Squaw Creek which sold for even lower!

The Squaw Valley Lodge units are competitively priced and all pricing is negotiable. Most recently we closed escrow on a top-floor studio with extended loft; it was listed at $599k and sold for $575k with over 900 square feet of upgraded living space facing KT! With the extensive amenities, superior location, and great management it’s no wonder the Squaw Valley Lodge holds value better than most of the other developments! Come on by and see why; we are open every day. Until then, check out our upgraded website and links!

Spread the word; our new property management arm is up and running with more property owners signing up! Check out this new website too! www.SquawTahoeVacationRentals.com!

See you in the outdoors!

Norm Anderson & Bob Gebhardt

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Filed under: Memorial Day 2011Squaw Valley Real EstateUncategorized