Tahoe Donner Weekly Market Update

December 29, 2008

OLYMPUS DIGITAL CAMERA         Sales in Tahoe Donner were a bit slower this past week due to the Christmas Holiday. It is likely that sales will pick up again due to the new snow in Truckee over the next couple weeks. 2 homes sold this past week in Tahoe Donner. 1 home was only on the market for 13 days. The other home was listed for nearly 400 days, but it sold for $100 over the final asking price. The first home sold for $610K and the other sold for $900K. The average list to sales price was 87%. 1 home that was listed for $500K went pending this week. There are now 8 homes in Tahoe Donner that are under contract. 3 new homes came on the market in Tahoe Donner this week. There are now a total of 143 active single family homes in Tahoe Donner (same number as last week). The absorption rate is around 6% and there is about 16 months of inventory remaining.

Truckee Weekly Sales Chart

December 29, 2008

The following is a sales chart showing activity in the Truckee area for the week of December 21-28, 2008. The information was taken from our local multiple listing service.

AREA Current homes/ condos Low High Avg. Avg. days listed SFR Pend-ing Sold SFR
Tahoe Donner 143 27 $375K $3,465K $940,980 156 8 2
Sierra Meadows/ Prosser 36 1 $375,000 $4.5 mil. $882,191 116 2 0
Lahanton 30 0 $1,529K $7,950K $2,943,733 240 1 0
Gray’s Crossing/ Old Green. 31 1 $899K $3,995K $1,877,451 184 1 0
Northstar 38 72 $749K $4,950K $1,599,184 202 1 0
Alpine M./ Squaw Vly. 45 95 $545K $5,250K $1,689,988 175 1 0
Donner Lake 27 2 $329,900 $3,950K $1,316,555 204 1 0
Glenshire/ Devonshire 45 0 $279K $2,950K $756,040 173 4 0

Tahoe Donner Weekly Market Update

December 22, 2008

Winter in Tahoe Donner Tahoe Donner sales have remained fairly consistent the last few months. 4 homes sold this past week in Tahoe Donner. All 4 homes were in the $400k-$900K range. The average days on market was 56 days (down from the average of 160 days last week).  The average list to sales price was 93% but 3 of the homes sold for 99% of their original listed price. 3 homes went under contract. 1 of these homes was being sold as a short sale after being listed for 518 days. There are now 9 Tahoe Donner Homes under contract. 5 new homes came on the market this week and there are now a total of 143 single family active homes in Tahoe Donner. The absorption rate is around 6% and there is almost 16 months of inventory remaining.

Truckee Weekly Sales Stats

December 22, 2008

The following is a chart showing the sales in the Truckee area for the week of December 14-21, 2008. The information was taken from the Tahoe Sierra Multiple Listing Service.

AREA Current homes/ condos Low High Avg. Avg. days listed SFR Pend-ing Sold SFR
Tahoe Donner 143 27 $375K $3,465K $947,903 155 9 4
Sierra Meadows/ Prosser 35 1 $339,500 $4.5 mil. $843,640 119 1 1
Lahanton 30 0 $1,529K $7,950K $2,967,066 251 0 0
Gray’s Crossing/ Old Green. 30 1 $899K $3,995K $1,884,066 183 1 0
Northstar 37 71 $749K $4,950K $1,558,054 200 1 0
Alpine M./ Squaw Vly. 43 90 $545K $5,250K $1,664,058 163 1 0
Donner Lake 29 2 $329,900 $3,950K $1,296,586 196 1 0
Glenshire/ Devonshire 46 0 $279K $2,950K $771,539 163 4 0

How to Make a Fountain

December 17, 2008

fountain-1.jpg Here is a fun winter activity for those cold, wintery days when you are stuck inside. This could also be a great Christmas present! Click on the picture below for an enlarged version of directions on how to make a fountain. 

 

 

 

 

 

 

 

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