Tahoe Donner Weekly Market Update

November 24, 2008

OLYMPUS DIGITAL CAMERA         Homes are still selling in Tahoe Donner. 3 homes sold this past week. 1 home sold for $586K, 1 for $710K, and 1 for $960K. The average days on market was 203 days and the average list to sales price was $85%. 2 homes and 1 condo went under contract this week. 1 home was listed for $1,199K and the other was listed for $635K. There are currently 11 homes under contract in Tahoe Donner. 4 new homes and 1 condo came on the market this week. There are currently 159 active single family homes and 24 condos in Tahoe Donner. The absorption rate is around 7% and there is around 14 1/2 months of inventory remaining. 

Truckee Weekly Sales Stats

November 24, 2008

This chart shows the sales activity for the Truckee area during the week of November 16-24, 2008. The information was taken from the local multiple listing service.

AREA Current homes/ condos Low High Avg. Avg. days listed SFR Pend-ing Sold SFR
Tahoe Donner 159 24 $359,900 $4.2 mil. $972,097 144 11 3
Sierra Meadows/ Prosser 40 2 $339,500 $4.5 mil. $816,475 135 5 2
Lahanton 31 0 $1,549K $7,950K $2,986,193 247 0 0
Gray’s Crossing/ Old Green. 34 5 $899K $3,995K $1,883K 155 1 0
Northstar 36 69 $749K $4,950K $1,519,222 197 1 0
Alpine M./ Squaw Vly. 45 86 $560K $5,250K $1,706,833 169 2 1
Donner Lake 30 3 $329,900 $3,950K $1,275,296 181 0 0
Glenshire/ Devonshire 54 0 $279K $2,950K $739,835 145 4 2

Tahoe Donner Weekly Market Update

November 16, 2008

Donner Pass Road Sales have slowed down a bit in the Tahoe Donner market this past week, but there is still some activity. 2 homes sold this past week in Tahoe Donner. One home sold for full price at $616,000 and was listed for only 29 days. The other home was originally listed for $824,000 and sold for $799,000. This one was on the market for 87 days. 5 new homes went under contract this last week – 3 in the $400K range, 1 in the $700K range, and 1 over $1 million. There are now 13 homes under contract in Tahoe Donner. For new listings this week – 4 homes, 2 condos and one shared ownership came on the market. There are currently 159 single family homes listed in Tahoe Donner and 24 condos. This puts the absorption rate at about 8% and there is about 1 year of inventory remaining.

Truckee Weekly Sales Stats

November 16, 2008

The following is a chart showing sales in Truckee for the past week. The information was taken from the Tahoe Sierra Board of Realtors and reflects data for November 9 – 16, 2008.

AREA Current homes/ condos Low High Avg. Avg. days listed SFR Pend-ing Sold SFR
Tahoe Donner 159 24 $359,900 $4.2 mil. $975,931 141 13 2
Sierra Meadows/ Prosser 41 1 $339,500 $4.5 mil. $812,170 126 7 0
Lahanton 31 0 $1,549K $7,950K $2,968,193 239 0 0
Gray’s Crossing/ Old Green. 36 5 $899K $3,995K $1,877,250 149 1 0
Northstar 36 67 $749K $4,950K $1,511K 196 1 0
Alpine M./ Squaw Vly. 44 84 $560K $5,250K $1,726,647 164 3 0
Donner Lake 28 3 $329,900 $3,950K $1,176,421 189 0 0
Glenshire/ Devonshire 58 0 $275K $2,950K $734,077 138 5 0

New Martis Camp Ski Lift

November 14, 2008

Exciting news for Northstar and Martis Camp! There has been much talk of the new private ski lift from Martis Camp to Northstar. This new Martis Camp Express lift is now in the ground. The quad chairlift takes only four minutes to get to the top of the mountain. Three advanced ski runs have been extended into Martis Camp and a new intermediate trail has been added as well. Click on the link below to watch the video about the new chairlift.

New Ski Lift

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